Serving Legal Papers Via Facebook & Twitter

April 1 (Bloomberg) -- Social media has changed how we communicate; will it change how we litigate? At least one lone star state politician thinks plaintiffs should be allowed to complete service of process via Twitter or Facebook. State Representative Jeff Leach has introduced a bill that would allow Texas courts to approve substituted service via social media, if the court finds that the "defendant could reasonably be expected to receive actual notice." The court would need confirmation that the account is authentic, and that the defendant regularly uses it. While the service of process via social media would be new terrain, it could be the continuation of a trend. Last month, after establishing that five India-based defendants had knowledge that they were being sued, the Southern District of New York allowed the Federal Trade Commission to serve documents through Facebook. (Source: Bloomberg)
Libor 'Ringmaster' Hayes Sentenced to 14 Years
47:53 - Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found guilty of conspiracy to rig the benchmark rate. Bloomberg's Keri Geiger reports on "Market Makers." (Source: Bloomberg)
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