The Florida Fourth District Court of Appeal on Wednesday overturned a $1.58 billion 2005 jury verdict awarded to billionaire financier and Revlon chairman Ron Perelman , finding that the plaintiffs failed to prove compensatory damages. Coleman Parent Holdings, Inc., of which Perelman held a controlling interest, sued Morgan Stanley after Morgan Stanley advised Coleman on [...]

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A Nigerian senate committee indicted President Olusegun Obasanjo and Vice President Atiku Abubakar Wednesday on corruption charges for diverting public money to private interests. In February, a senate panel indicted Abubakar on corruption charges for the alleged diversion of $145 million dollars of public money belonging to the Petroleum Technology Development Fund (PTDF) to his [...]

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The upper house of the Jordanian parliament on Wednesday approved a bill that imposes stiff fines for journalists who defame any religion protected under the country's constitution – i.e. Islam, Christianity or Judaism – or "offending the prophets" by writing or cartoons. The upper house dropped a controversial provision, approved by the lower house earlier [...]

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Ecuador swore in 21 replacement legislators on Tuesday night, thus establishing a quorum for future legislative sessions after the Supreme Electoral Tribunal dismissed 57 of 100 lawmakers in early March. The controversy began when Ecuador's unicameral Congress and President Rafael Correa submitted to the tribunal differing versions of a referendum on amending the constitution . [...]

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A Russian judge has ordered imprisoned former Yukos CEO Mikhail Khodorkovsky moved to a detention center in Moscow during an investigation into new embezzlement and money laundering charges , according to one of Khodorkovsky's defense lawyers. The court rejected the demands of prosecutors who wanted to conduct the investigation at the Siberian penal colony in [...]

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Detainees held in secret prisons operated by the US Central Intelligence Agency (CIA) throughout the globe were subject to abuse and sleep deprivation, according to a confidential report prepared by the International Committee of the Red Cross (ICRC) . In interviews with former detainees, the ICRC reports that it learned that terror suspects were forced [...]

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Pakistani Supreme Court Chief Justice Iftikhar Muhammad Chaudhry is accused of misusing his influence to get his son jobs and promotions, according to details released for the first time Wednesday. Pakistani President Pervez Musharraf suspended Chaudhry on March 9, but no details of the charges were made public at that time. According to the charge [...]

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