In Friday's corporations and securities law news, Oracle will win its hostile takeover fight for PeopleSoft because it has support from a majority of PeopleSoft shareholders, according to sources close to the situation. The battle is nonetheless likely to...
In Thursday's corporations and securities law news, Enron Corp. has closed the $2 billion sale of its interest in three natural gas pipelines to CCE Holdings LLC, a joint venture of Southern Union Co. and GE Commercial Finance Energy...
Russian authorities Thursday arrested a manager at a key subsidiary of Yukos on charges of embezzling $766,000 which was disguised as charitable contributions. Also today, the Prosecutor General's office announced the issuance of an international arrest warrant for Yukos...
The Bush administration is planning an overhaul of the tax code with an eye toward drastically cutting or even eliminating outright taxes on savings and investment, according to Thursday's Washington Post. The plans are unlikely to include a flat...
The Illinois Supreme Court Thursday unanimously dismissed two lawsuits which accused gunmakers of knowingly allowing their weapons to fall into criminal hands. The two Illinois lawsuits, filed by the city of Chicago and victims of gun violence, had accused...
A Providence television reporter, Jim Taricani of NBC'sw WJAR-TV, was convicted of criminal contempt Thursday for refusing to reveal a source who gave him an FBI videotape showing a city official taking a bribe. Taricani, who faces up to...
In Wednesday's corporations and securities law news, federal officials are investigating former Enron Chairman Kenneth Lay's wife in connection with a $1.3 million Enron stock sale just days before the energy company went under. The couple's lawyer indicated the...
A British high court hearing became the first ordinary legal case to be filmed by TV cameras in the UK Tuesday. The court heard the appeal of former council leader Jim Speechley from a misconduct conviction. Footage from the...
New York Attorney General Eliot Spitzer, who launched an investigation into insurance companies including Marsh & McLennan, told the Senate Governmental Affairs Committee Tuesday that more criminal pleas related to bad practices are coming. Spitzer is urging Congress to...
A partial recount of the New Hampshire presidential vote sought by independent candidate Ralph Nader is set to start Thursday. The Nader campaign filed for the recount November 5, citing the inaccuracy of optical scan vote-counting machines. The request...
