Corporations & securities brief ~ Oracle, PeopleSoft fight for outstanding shares
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...
Iran announced Sunday that it has submitted a letter to the UN stating that it would suspend uranium enrichment activities as part of a deal with the European Union to avoid UN Security Council sanctions. Iran's chief nuclear negotiator,...
The UK High Court Tuesday referred a steelworkers' case against the government over lost pensions to the European Court of Justice in Luxembourg. The former workers at Allied Steel and Wire claim the government should have protected their pensions...
Corporations & securities brief ~ SEC considers charges against ex-Lucent executives
In Tuesday's corporations and securities law news, the SEC is considering bringing civil charges against two former executives of Lucent Technologies Inc. and a third unidentified person over violations of the Foreign Corrupt Practices Act by allegedly participating in...
Corporations & securities brief ~ NASD charges H&R Block with fraud over Enron bonds
In Monday's corporations and securities law news, securities regulator National Association of Securities Dealers (NASD) has announced that it has brought charges against H&R Block Inc. for fraudulently promoting Enron Corp. bonds to customers just weeks before the energy...
The European Union filed a complaint Monday with the World Trade Organization against the US and Canada for failing to lift sanctions against the EU over the EU's ban on importing hormone-treated beef. In 1998, the WTO ruled that...
Macedonia clears way for minority rights after repeal referendum fails
A referendum in Macedonia designed to block a law that gave its Albanian minority greater rights has failed due to a low turnout. The law, already passed by the Macedonian parliament, redraws local boundaries in the former Yugoslav Republic,...
Incoming EU commissioners slate finalized with new Justice nominee
Incoming European Commission President Jose Manuel Barroso has finalized a new team of commissioners that appeared to put the power transition of the European Union back on track. Most notably, Barroso replaced controversial Justice portfolio nominee Rocco Buttiglione with...
Treaty Establishing a Constitution for Europe, European Union, signed at Rome, October 29, 2004. Excerpt:HIS MAJESTY THE KING OF THE BELGIANS, THE PRESIDENT OF THE CZECH REPUBLIC, HER MAJESTY THE QUEEN OF DENMARK, THE PRESIDENT OF THE FEDERAL REPUBLIC OF...
Romano Prodi, President of the European Commission - The Commission's Report and Recommendation on Turkey's Application; Presentation to the European Parliament, October 6, 2004. Excerpt: As you know, the first task allotted to us by the Copenhagen European Council was...
