Leading Wednesday's corporations and securities law news, Fannie Mae's federal regulator, Office of Federal Housing Enterprise Oversight (OFHEO) , has found additional problems with the company's accounting practices. The OFHEO has raised concerns with the company's securities and loan accounting, consolidations, accounting for commitments and practices to smooth certain income and expense accounts. Fannie Mae [...]

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Lord Falconer , the Lord Chancellor of the United Kingdom and the nation's highest legal officer, issued a written statement Wednesday that he was satisfied that the Marriage Act of 1949 allowed for the Royal Family to have civil ceremony weddings. Some doubt had been raised by BBC's Panorama program that the Royal Family was [...]

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An Iranian official has said that Iran's nuclear program does not violate international law and that Iran is merely exercising its internationally recognized right to produce nuclear material. Iranian Foreign Minister Kamal Kharrazi said that Iran was following all of the requirements of the International Atomic Energy Agency in producing its nuclear material and that [...]

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The International Criminal Court announced Tuesday that it will hold a hearing to discuss what action the Prosecutor's Office will be taking in light of its investigation of the abuses committed in the Democratic Republic of the Congo. The DRC government referred the case to the Office of the Prosecutor for investigation. Chief Prosecutor Luis [...]

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A California public interest group filed a lawsuit Tuesday seeking to invalidate the California Institute for Regenerative Medicine (CIRM) , the $3 billion stem cell research funding institution authorized by California voters last November. The suit filed by Californians for Public Accountability and Ethical Science alleges that provisions in Proposition 71 that exempt CIRM members [...]

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Britain's House of Commons will vote Wednesday on legislation that will allow the UK to place terror suspects under house arrest without trial. Under the Prevention on Terrorism Bill , which was published Tuesday , terror suspects may be ordered under house arrest by Home Secretary Charles Clarke , but they are entitled to an [...]

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Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Wednesday, Feb. 23. The US Supreme Court is scheduled to hear oral arguments in two cases beginning at 10 AM ET today. In the first case, Orff v. United States , 03-1566, the Court will review a circuit split on [...]

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