Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Tuesday, November 16.On Capitol Hill, the US House and Senate both reconvene for legislative business today after being in recess since October. AP has...
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Corporations & securities brief ~ Dow Jones settles Australian defamation suit
In Monday's corporations and securities law news, Dow Jones & Co. has settled a defamation suit with Australian mining magnate Joe Gutnick. The suit arose out of an online publication of a story which portrayed Gutnick as a schemer...
American Express announced Monday that it is suing fellow credit card giants Visa and MasterCard, along with eight banks, alleging anticompetitive practices which prevented American Express from issuing credit cards through US banks. American Express said that it would...
SEC to file civil fraud charges against former Hollinger CEO, president
The US Securities and Exchange Commission is likely to file civil fraud charges this week against former Hollinger International chairman Conrad Black and former Hollinger president David Radler, according to a Monday Wall Street Journal report . In...
FedEx Corp. stated Friday that it would challenge an order by the US Department of Transportation to pay back part of the federal money it received as a result of the post-9/11 Air Transportation Safety and System Stabilization Act...
NY Attorney General Eliot Spitzer is expected to file suit Friday or Monday against health insurance consulting firm Universal Life Resources, stemming from a seven-month investigation into bid-rigging in the insurance industry. United Policy Holders, a consumer insurance group,...
Corporations & securities brief ~ PeopleSoft executives recommend rejecting Oracle bid
In Thursday's corporations and securities law news, PeopleSoft executives have unanimously recommended its shareholders reject Oracle's $8.8 billion hostile takeover bid because the offer was too low. Oracle, upon learning of the news, said it was prepared to walk...
A senior Islamic judge ruled on Wednesday that Palestinian leader Yassir Arafat's life support system must not be switched off. Arafat is currently clinging to life in a Paris hospital. Burial preparations have already begun. Sheikh Taysir Tamimi, chief...
Corporations & securities brief ~ Martha Stewart asks company to reimburse legal bills
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...
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...