A Iraqi government committee Monday lodged an official request to strip former defense minister Hazem Shaalan of immunity so that he can face charges of corruption and working for Saddam Hussein's intelligence service. The request was made by the Supreme National Commission for de-Baathification, set up to oust members of Saddam Hussein's Baath Party from [...]

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Leading Monday's corporations and securities law news, the US Government Accountability Office (GAO) has released a report urging the Securities and Exchange Commission (SEC) to improve its oversight of the mutual funds industry. The report found that though the SEC commits substantial resources to regulating mutual funds, it does not effectively monitor the individual funds. [...]

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Leading Monday's states brief, the Rhode Island Supreme Court issued an advisory opinion today saying that a proposal to build a gambling casino in West Warwick does not meet the state constitutional requirement that all lotteries be state run. Supporters of the casino, proposed by the Narragansett Indian tribe and the Las Vegas-based Harrah's Entertainment, [...]

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