Richard Posner, University of Chicago Law School:"One of the commonest objections to President Bush's proposal for reform of social security is that there is no need to act now because there is no "crisis." Yet the same people who say...
Search Results for: pensions
Corporations and securities brief ~ Putnam faces $100 million payout
Leading Wednesday's corporations and securities law news, Putnam Investments , the eighth-largest US mutual fund company, may have to increase the restitution it had agreed to pay investors as part of the massive securities fraud at the company....
Corporations & securities brief ~ Republicans scrutinize Lenovo's purchase of IBM PC unit
In Wednesday's corporations and securities law news, the agreement by Lenovo , China's largest computer supplier, to takeover IBM's PC division for $1.75 billion is in jeopardy of falling apart as congressional Republicans...
US Bankruptcy Judge Eugene Wedoff Friday approved a 90-day extension of the exclusivity period covering the bankruptcy reorganization plan of UAL Corporation, parent of United Airlines . During the exclusivity period, no other parties may submit...
Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Tuesday, Jan. 18.The Supreme Court will hear oral arguments in two cases today beginning at 10 AM ET. In the first case, Rompilla v....
Thousands of Russians, many of them pensioners, marched in several major cities Saturday continuing four days week of protests against the Putin government's repeal of a Soviet-era social benefits law and its replacement by a program of minimal monthly...
BREAKING NEWS ~ US bankruptcy judge nixes United deal with pilots
Reuters is reporting that a US bankruptcy judge has rejected a United Airlines labor deal with pilots which would have saved the struggling airline some $180M per year. The pilots union ratified the deal only yesterday by a vote...
Corporations & securities brief ~ SEC investigates Analog Devices
In Wednesday's corporations and securities law news, the SEC is investigating Analog Devices Inc. over stock option awards given to officers and directors over the past five years. The Boston Business Journal has more.In other news, the SEC has...
International brief ~ Chile offers reparations to Pinochet torture victims
Chilean President Ricardo Lagos announced Monday that the Chilean government will be offering lifelong pensions to individuals on a monthly basis that are almost equal to the minimum wage for the same period. The announcement follows the publication of...
Hislop et al. v. Attorney General of Canada, Court of Appeal for Ontario, November 26, 2004 . Read the full text of the ruling here ....