Search Results for: Enron

The US Supreme Court announced Friday that it would hear an appeal brought by the Chicago-based accounting firm Arthur Andersen, previously convicted for obstruction of justice by destroying documents related to the fall of the Enron Corp. Andersen was...

In Monday's corporations and securities law news, the SEC has released a final rule relating to the registration of hedge fund advisors with the agency by February 1. Critics charge that the SEC does not have the legal authority...

Larry Ribstein, University of Illinois College of Law:"This W$J overview of the Disney case puts the Eisner/Ovitz affair into perspective: a strong CEO rendered his board practically irrelevant. Left on his own, he fumbled badly.  Shareholders suffered.There are many interesting...

In Monday's corporations and securities law news, Nevada Power Company has filed a federal lawsuit against several investment banking firms, including Citigroup, JP Morgan Securities and Barclays Bank, claiming they conspired with Enron Corp. to manipulate power markets. Nevada...

In Thursday's corporations and securities law news, Enron Corp. has closed the $2 billion sale of its interest in three natural gas pipelines to CCE Holdings LLC, a joint venture of Southern Union Co. and GE Commercial Finance Energy...

In Wednesday's corporations and securities law news, federal officials are investigating former Enron Chairman Kenneth Lay's wife in connection with a $1.3 million Enron stock sale just days before the energy company went under. The couple's lawyer indicated the...

In Tuesday's corporations and securities law news, Oracle's hostile bid for PeopleSoft Inc. has not been defeated as top shareholders in PeopleSoft are split on whether to accept the bid. Capital Guardian Trust Co. will tender its 10% stake...

Stephen Bainbridge, UCLA School of Law:"Cruising around the blogosphere, one notes proposals that John Ashcroft be replaced by as Attorney General such legitimate luminaries as Randy Barnett or Fred Thompson. Sorry, guys. Blogospheric prognostication has proved fallible. Bush just went...

Peter Henning, Wayne State University Law School:"On Tuesday, November 9, the jury in the Enron/Merrill Lynch trial concluded that the loss caused by the defendants' fraudulent misconduct was $13.7 million. A story in the Houston Chronicle (Nov. 10, 2004) reviews...

In Wednesday's corporations and securities law news, Martha Stewart Omnimedia Inc. announced Martha Stewart has asked the company to reimburse her for $3.7 million in legal bills. Stewart, who is currently appealing her conviction for lying to investigators about...