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Legal news from Tuesday, April 19, 2005 |
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Senate GOP leader says filibuster ban only for judiciary selection
Matt Lubniewski on April 19, 2005 1:17 PM ET

[JURIST] Senate Majority Leader Bill Frist [official website] said Tuesday that a proposed Senate rule change to ban filibusters [JURIST report] would only apply to the process of confirming judicial nominees [JURIST news archive], and would not extend into other legislative issues. Fifty votes are needed to approve a rules change that would end Democrats' ability to block President Bush's judicial nominees. Last term, 10 nominees were blocked through filibuster threats, and 34 nominees were confirmed. Bush has reappointed 7 of the 10 who were blocked. While only 50 votes are needed to change the rules, it requires 60 senators to end a filibuster. Several Republican-leaning groups such as Gun Owners of America and the National Right to Work Committee oppose a ban on legislative filibusters, as Republicans have used legislative filibuster threats to stop antigun and pro-union legislation. AP has more.
In a related story, over 1,000 law students, law professors, legal scholars have banded together to oppose the elimination of the filibuster [press release]. Members of the legal community will present letters of opposition to Sen. Richard Durbin this Thursday, April 21, at a national event at Georgetown University Law School.


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Corporations and securities brief ~ Cablevision ups bid for Adelphia
Amit Patel on April 19, 2005 12:30 PM ET

[JURIST] [JURIST] Leading Tuesday's corporations and securities law news, the Wall Street Journal is reporting [subscription req'd] Cablevision Systems Corp. [corporate website] has raised its bid for Adelphia Communications Inc. [corporate website] to $17.1 billion. The move may threaten the $18 billion competing offer from Time Warner Inc. [corporate website] and Comcast Corp [corporate website]. It is not clear how seriously Adelphia or the creditor's committee will take the offer. Also today, Time Warner's bid is reportedly being held up in bankruptcy court because of the break-up fee of $500 million that Adelphia would pay Time Warner if they fail to consummate a sale. Reuters has more.
In other news... - Outsourcing solutions provider Bisys Group Inc. [corporate website] said it believes an SEC [official website] investigation into the company relates to the company's agreements with certain mutual funds under which it agreed to pay for expenses related to the marketing and distribution of the fund shares, as well as payments to advisers and other expenses. The company is conducting its own investigation and may have to delay its announcement of its third-quarter results if the investigation is not finished. Read the Bisys press release. AP has more.
- MSC Software Corp. [corporate website], the leading global provider of virtual product development products, announced [MSC Software press release] the SEC has started an investigation into the company related to a disclosed independent review directed by the company's audit committee. MSC.Software will cooperate with the probe.
- The Wall Street Journal is reporting [subscription req'd] Saks Inc. [corporate website] is making plans to sell its midprice chains in two geographic clusters of north and south. The move could lead to the sale of its Saks Fifth Avenue luxury division [retail website]. The sale could be hampered by an expanding internal and SEC investigation into the company's payment and accounting practices. Just last week Saks indicated that its internal investigation had been broadened from payments from vendors to include related financial and accounting issues. As a result of the investigation, Saks has not completed its financial statements [Saks press release] for fiscal 2004. AP has more.
- ABB Ltd. [corporate website], the Swiss-Swedish electrical engineering giant, said it has notified the US Justice Department [official website] and the SEC of $560,000 in suspect payments by former employees at its American software unit ABB network management. The suspected payments to intermediaries in Latin America and in the Middle East were discovered during an internal investigation following the dismissal of two managers from the company in 2004. AP has more.
- As previously reported on JURIST's Paper Chase, a unanimous Supreme Court [official website] refused to make it easier for investors to sue companies and seek damages in certain securities fraud cases. In Dura Pharmaceuticals, Inc. v. Broudo [Duke Law School case backgrounder], 03-932 [Supreme Court docket], the Court overturned a Ninth Circuit decision that plaintiffs could simply prove the stock price was inflated due to misrepresentations. Read the opinion [PDF]. Reuters has more.
Click for previous corporations and securities law news.


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International brief ~ Annan flags Sudan threats if ICC acts against government
D. Wes Rist on April 19, 2005 10:11 AM ET

[JURIST] Leading Tuesday's international brief, UN Secretary-General Kofi Annan [official profile] has flagged and implicitly condemned threats from several high-ranking Sudanese officials warning that international personnel in the country may be at greater risk if the International Criminal Court [official website] acts against any government officials included on a UN list Annan handed over to the ICC [JURIST report]. Annan presented his monthly report to the Security Council Monday on the situation in the Darfur region of Sudan [government website], saying generally that violence was continuing in the region at an unacceptable rate and pointing to a rise in attacks on international personnel in the area. Annan said that UN members must not let up pressure on Sudan simply because the Security Council had created a peacekeeping force for the region [JURIST report]. JURIST's Paper Chase has continuing coverage of Sudan [JURIST news archive]. The UN News Centre has more. The Sudan Tribune has local coverage.
In other international legal news ... - A crowd of protestors gathered in Johannesburg, South Africa to celebrate 25 years of formal independence for Zimbabwe [government website] and at the same time call for reforms from Zimbabwean President Robert Mugabe. Led by Brian Kagoro of Crisis in Zimbabwe Coalition [advocacy website], the crowd protested repressive laws, specifically challenging the need for land reform, the continued government oppression of women and organized labor, and the youth national service training programme which human rights agencies and religious organizations say turns teens and young adults into killers of opposition leaders. Kagoro compared Mugabe to a black Ian Smith [Wikipedia profile], who used the cloak of government legislation to repress his nation and dole out rewards to his supporters. Zimbabwe gained formal independence from Britain in 1980 following carefully monitored elections where Mugabe was elected president. JURIST's Paper Chase has continuing coverage of Zimbabwe [JURIST news archive]. ZimOnline has local coverage.
- The Royal Commission on Corruption Control in Nepal [government website] has called former Prime Minister Sher Bahadur Deuba to appear before its investigatory panel. Deuba headed the elected portion of the government that was removed from office by King Gyanendra [official profile] by the royal declaration of a state of emergency [JURIST report] on February 1. Deuba was incarcerated following that declaration until March 11, when he was released [JURIST report] for no apparent reason. The RCCC, created by the royal government [JURIST report], called Deuba to testify concerning financial decisions made while he was in office. The RCCC is currently facing a contempt of court hearing [JURIST report] for proceeding with the investigation when it is also currently before the Nepalese Supreme Court [official website]. JURIST's Paper Chase has continuing coverage of Nepal [JURIST news archive]. Kantipur Online has local coverage.
- The legislature of China [government website], the Standing Committee of the National People's Congress [backgrounder], announced Monday that it will accede to a request [JURIST report] to interpret Hong Kong's Basic Law [official text] in reference to the current constitutional dispute over the office of Leader of the Hong Kong province. Hong Kong [government website] has been in turmoil over whether Acting Chief Executive Donald Tsang [official profile] should serve the remainder the term of former executive Tung Chee-hwa [archived profile], who resigned in early March [JURIST report], or the full presidential term as spelled out in the Basic Law. Legal experts in Hong Kong warn that allowing the NPC to be the ultimate interpreter of Hong Kong's constitutional Basic Law would be ceding too much power to the mainland. China maintains that part of the 1997 integration of Hong Kong was the assumption of the role of constitutional interpretation of Hong Kong law. The NPC is expected to consider the issue during its 15th session of the 10th NPC Standing Committee, scheduled for April 24 - 27. JURIST's Paper Chase has continuing coverage of Hong Kong [JURIST news archive]. China Daily has local coverage.


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Legal agenda and live webcasts ~ Tuesday, April 19
Chris Buell on April 19, 2005 12:01 AM ET

[JURIST] Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Tuesday, April 18.
The US Supreme Court [official website] hears oral arguments in two cases beginning at 10 AM ET today. In the first, Bradshaw v. Stumpf [Duke Law School case backgrounder], 04-637, the Court consider whether an explanation by defense counsel of the elements of a crime sufficient to establish the voluntariness of a guilty plea and whether the state's use of inconsistent evidence at a later trial violates the due process right of an earlier defendant who pleaded guilty. The ABA has merit briefs in the case. In the second, Mayle v. Felix [Duke Law School case backgrounder], 04-563, the Court will whether an amendment to a habeas petition that adds a new claim relates back to the filing of the petition for purposes of the one-year statute of limitations. The ABA has merit briefs in the case.
The US Senate [official website] convenes at 9:30 AM ET today, when it will consider H.R. 1268 [bill summary], the Iraq/Afghanistan Supplemental Appropriations bill. Watch a live webcast of the session. The Senate Judiciary Committee [official website] Antitrust, Competition Policy and Consumer Rights Subcommittee is holding a hearing to examine the SBC/AT&T and Verizon/MCI mergers and their effect on the telecommunications industry at 2:30 PM ET today. Watch a live webcast of the hearing. The Senate Intelligence Committee [official website] is holding a hearing to review the USA PATRIOT Act at 2:30 PM ET today.
The US House [official website] convenes at 12:30 PM ET today. Watch a live webcast of the session. The House International Relations Committee [official website] Africa, Global Human Rights and International Operations Subcommittee is holding a hearing on the UN Commission on Human Rights at 2 PM ET today. Watch a live webcast of the hearing. The House Judiciary Committee [official website] Committee Crime, Terrorism and Homeland Security Subcommittee is holding an oversight hearing on the USA PATRIOT Act at 3 PM ET today. Watch a live webcast of the hearing.
The Eleventh UN Congress on Crime Prevention and Criminal Justice [official website] continues today in Bangkok, Thailand. View the agenda for the session.
At the International Criminal Tribunal for the Former Yugoslavia, the trial of Slobodan Milosevic [ICTY case backgrounder] continues at 9:30 AM local time [3:30 AM ET] today. Watch a webcast of proceedings.


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