EU freezing of terrorist assets ruling [European Court of First Instance] News
EU freezing of terrorist assets ruling [European Court of First Instance]

Al Barakaat International Foundation v. Council of the European Union, et al., European Court of First Instance, September 21, 2005 [ruling that the European Union can freeze the assets of suspected terrorists under its treaty powers]. Read the full text of the opinion 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).