Deutsche Bank asked a US bankruptcy court in Houston Tuesday to dismiss the filing of Russian oil giant Yukos for lack of jurisdiction, contending the company has no American presence beyond two small bank accounts and the residence of...
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The European Court of First Instance ruled Wednesday that antitrust penalties against Microsoft should be upheld as the computer giant appeals the European Commission's ruling from March. According to the ruling by Judge Bo Vesterdorf, Microsoft did not demonstrate...
Peter Henning, Wayne State University Law School:"An article in the New York Times (Dec. 15) states that Time Warner is preparing to announce a settlement in a long-running SEC and Department of Justice investigation into accounting issues at its American...
Report of the International Advisory and Monitoring Board of the Development Fund for Iraq, International Advisory and Monitoring Board, December 14, 2004 [finding that there were "important weaknesses" in US program management of Iraqi oil revenues and development, including lack...
Yukos files for US bankruptcy protection to stop Russian sell-off
Russian oil giant Yukos, currently caught up in a titanic financial struggle with the Russian government over the payment of back taxes (see a Yukos release on the tax claims here) while its imprisoned former CEO Mikhail Khodorkovsky is...
UN panel cites irregularities in US administration of Iraq oil industry
A high level UN panel set up to monitor the administration of the Iraqi oil industry and revenues under Security Council Resolution 1483 , granting the Coalition Provisional Authority the right to spend from Iraq oil money "in the...
Supreme Court takes file-sharing, death row, Supermax and takings cases
The US Supreme Court Friday granted certiorari in four cases on issues ranging from file-sharing to takings. In MGM Studios v. Grokster the court will consider whether suppliers of P2P file-sharing software are legally responsible for copyright infringement by...
The former president of Morris Brown College, an historically black institution in Atlanta, Georgia, has been charged with taking out some $5 million in unauthorized federal student loans in the names of students who did not want them and...
Podgor [Georgia State]: The Latest on Martha Stewart: Who is Being Punished?
Ellen Podgor, Georgia State University College of Law:"While Martha Stewart remains incarcerated, the world is continuing outside the prison grounds of "camp cupcake." The latest, according to Reuters, is that Martha Stewart will star in a new TV show upon...
Judge Richard Posner, University of Chicago Law School:"The U.S. invasion of Iraq, the U.S. decision not to invade Afghanistan before the 9/11 attacks, and concern with the apparent efforts of Iran and North Korea to obtain nuclear weapons raise acutely...