UN Reform Act [US House] News
UN Reform Act [US House]

UN Reform Act, passed by US House of Representatives on June 17, 2005 [bill calling for broad reforms at the UN and allowing the US to withhold up to fifty percent of funding if reform goals are not met]. Read the full text of the bill here. Reported in JURIST's Paper Chase here.

THIS DAY @ LAW

Standard Oil incorporated

On January 10, 1870, John Davison Rockefeller incorporated Standard Oil. Rockefeller's corporation would grow to achieve a virtual monopoly over oil production in the United States. Standard Oil's dominance lasted until the corporation was split into 34 separate companies in 1911 after the Supreme Court found the company in violation of the Sherman Anti-Trust Act. The rise of Standard Oil made Rockefeller America's first billionaire and eventually the richest man in the world. Read the text of Standard Oil Co. of New Jersey vs. United States, 221 U.S. 1 (1910).