Leading Thursday's corporations and securities law news, Pfizer Inc. announced the suspension of its sales of arthritis drug Bextra . The move came after US and European drug regultors told the world's largest drug maker that the drug's risks outweigh its benefits. Pfizer will also add information to the Celebrex label about potential cardiovascular risks. [...]

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France's Foreign Minister Michel Barnier warned a 'no' vote in France's referendum on the European constitution will kill the treaty and create a crisis at the European Union . Recent polls in France have suggested voters will reject the constitution, something Barnier blames on confusion over the treaty, fears over globalisation, fears of Turkey's admission [...]

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The US Court of Appeals for the DC Circuit hears arguments Thursday on the legality of military commission trials of terror suspects held at the Guantanamo Bay Naval Base . Last November, US District Judge James Robertson ordered military commissions to come to a halt , saying their procedures were unlawful. The government counters that [...]

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Iraq's new presidential council , formally sworn-in on Thursday, has named Shiite Arab Ibrahim al-Jaafari as interim prime minister replacing outgoing interim PM Iyad Allawi . The long-awaited announcement gives Iraq its first democratically elected government. Al-Jaafari now has two weeks to name a cabinet, which has seen ongoing negotiations. The primary task of the [...]

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US District Court Judge Emmet Sullivan Wednesday ruled that the Department of Defense (DOD) can give troops anthrax vaccinations on a voluntary basis. The ruling comes after Sullivan halted mandatory shots last October in response to a lawsuit brought by six unnamed military personnel and civilian workers who objected to the mandatory vaccination. The October [...]

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The Connecticut Senate approved legislation Wednesday recognizing civil unions between same-sex couples, becoming the first state legislature to voluntarily recognize the unions without court pressure. Vermont also recognizes civil unions, but did so only after a lawsuit was brought by same-sex couples. An Act Concerning Marriage Equality was passed 27-9; it gives same-sex couples many [...]

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