Leading Monday's corporations and securities law news, insurance giant American International Group (AIG) announced it has received subpoenas from New York Attorney General Eliot Spitzer and the SEC "relating to investigations of nontraditional insurance products and certain assumed reinsurance transactions and AIG's accounting for such transactions." AIG said it will cooperate with the probe. Spitzer, [...]

Amnesty International has issued a Valentine's Day warning that "conflict diamonds," gems whose sale finances war, terrorism, and human rights abuses, are still being imported into the US due to loopholes in Customs procedures. The 2003 Clean Diamond Trade Act prohibits most imports that do not comply with the Kimberly Process Certification Scheme, but Amnesty [...]

The Pentagon announced on Monday that it is investigating eight additional Air Force contracts to determine if they were a product of illegal influence or manipulation by Darleen Druyun. Druyun, a former Air Force official, was convicted last year of giving preferential treatment to Boeing on a tanker lease deal. After leaving the Air Force, [...]

British legal experts on the BBC news program Panorama have warned that a civil marriage between Prince Charles and Camilla Parker Bowles might not be allowed under existing legislation. The 1836 Marriage Act, which permitted marriages outside the church, contained an exemption for the royal family. Experts are divided on whether the 1949 Marriage Act, [...]

Alleging negligence over their failure to provide warning of the impending disaster, Austrian and German victims of the December tsunami in Asia will file suit in the US against the National Oceanic and Atmospheric Association (NOAA) in Washington and the tsunami warning center in Hawaii, a lawyer for the group said Monday. A yet-to-be announced [...]

The Council of Europe , the continent's top human rights watchdog, has rejected overtures by Moscow to stop monitoring Russian compliance with the Council's code of ethics, citing the nation's continued lack of respect for human rights. COE Secretary General Terry Davis, beginning a three-day visit to Russia Monday , said in particular that Russia [...]

Judges of the UN International Criminal Tribunal for the Former Yugolsavia told former Yugoslav President Slobodan Milosevic Monday to move more quickly in conducting his defense against charges of genocide and war crimes. Milosevic has asserted his right to represent himself, and thus conducts the questioning of witnesses he calls, but he has had several [...]

A former weapons inspector and senior employee of Australia's Defense Intelligence Organisation said Monday in a television interview that the Australian government has been covering up its involvement in the interrogation of prisoners in Iraq. Rod Barton said that he had been personally involved in the interrogation of a suspect at the US Camp Cropper, [...]

Moroccan officials announced Sunday that six Moroccan peacekeepers currently serving with the UN force in the Democratic Republic of the Congo have been arrested on charges of sex abuse. The chief of Moroccan peacekeepers in the DRC and his assistant were also relieved of command. The arrests mark the first official charges brought against UN [...]

A UN ad hoc committee on human cloning meets Monday to begin consideration of an alternative approach to regulation that would focus on national lawmaking rather than on an overarching international regulatory structure. Attempts to frame a comprehensive international treaty failed in November after the United States attempted to expand the proposed instrument to ban [...]