Exxon Mobil v. Saudi Basic Industries, Supreme Court of the United States, March 30, 2005 [ruling that the Rooker-Feldman doctrine, which prevents lower federal courts from sitting in direct review of state court decisions, is confined to cases brought by...
Search Results for: Delaware
A federal appeals court has ruled that a controversial law requiring prisoners, parolees, and others on probation to submit DNA samples to an FBI DNA identification database in constitutional. Judge Jane R. Roth, for the US Third...
Corporations and securities brief ~ Spitzer expands AIG probe
Leading Monday's corporations and securities law news, the Financial Times is reporting that New York Attorney General Eliot Spitzer has expanded his inquiry into the corporate governance and accounting practices at American International Group (AIG)...
Tokaji [Ohio State]: Ohio: Certification, Recount and Contest
Dan Tokaji, Moritz College of Law, Ohio State University:"Ohio Secretary of State Ken Blackwell has certified that President Bush won the state by about 119,000 votes, even as third-party candidates and independent groups continue to question the result. The New...
Tokaji [Ohio State]: Recounts, Contests, and the Electoral College
Dan Tokaji, Moritz College of Law, Ohio State University:"There's been continuing attention devoted to the Ohio recount and contest efforts in recent days. The latest developments include the Kerry campaign's reported intent formally to join the recount litigation, and Rev....
Judge schedules additional hearing in PeopleSoft case, delaying decision
A Delaware Chancery Court judge Wednesday ordered an additional hearing in Oracle's case against PeopleSoft, delaying a decision on whether to remove PeopleSoft's anti-takeover provisions in the event of a merger with Oracle. The case was previously argued before...
Ribstein [Illinois]: Disney and the Problem of Corporate Governance
Larry Ribstein, University of Illinois College of Law:"This W$J overview of the Disney case puts the Eisner/Ovitz affair into perspective: a strong CEO rendered his board practically irrelevant. Left on his own, he fumbled badly. Shareholders suffered.There are many interesting...
Larry Ribstein, University of Illinois College of Law:"The Disney trial on the hiring and firing of Ovitz continued yesterday with Eisner's direct testimony. As previewed here, Eisner will have to draw a fine line between justifying hiring Ovitz, and justifying...
PeopleSoft shareholders, Oracle ask judge to order lifting of "poison pill" provisions
A group of dissident PeopleSoft shareholders have asked a Delaware judge to order PeopleSoft's board to negotiate with Oracle, the rival software maker trying to acquire PeopleSoft, according to a Tuesday Wall Street Journal report. The shareholders have asked...
The most complicated bit of governmental machinery which the modern world has to exhibit is that which is employed in the selection of the chief executive officer...for the United States...It is almost marvelous that any people should have preserved political...