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Legal news from Friday, August 22, 2008
by Devin Montgomery

A Russian court on Friday rejected an application for parole made by former Russian oil executive Mikhail Khodorkovsky, who applied for early release from Krasnokamensk penal colony in July. Khodorkovsky headed the now-bankrupt OAO Yukos Oil Co. and was sent to prison by the Russian government in 2005 to serve …

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by Devin Montgomery

Prosecutors before the Extraordinary Chambers in the Courts of Cambodia (ECCC) on Thursday appealed the indictment of former Khmer Rouge prison chief Kaing Guek Eav, also known as "Duch," saying it should have included additional charges. The court had issued a closing order earlier this month to officially …

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by Devin Montgomery

JURIST] The US Court of Appeals for the Second Circuit ruled Thursday that lawyers' fees may be included in restitution awards granted to corporate fraud victims. The Second Circuit affirmed the lower court's decision to order Joseph Amato and John Fasciana to pay $12.8 million in restitution, including over $3 million in lawyers' fees, to their …

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by Steve Czajkowski

Three of the largest brokerage firms in the US reached a settlement with the New York Attorney General's office and securities regulators representing 48 states on Thursday, agreeing to pay $10 billion to investors who purchased auction rate securities. The agreement is the result of an effort to settle claims that Merrill Lynch, Goldman Sachs, …

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by Devin Montgomery

The US Court of Appeals for the Third Circuit ruled Thursday that a Pennsylvania law imposing reporting and curriculum review requirements on parents who home school their children does not violate federal freedom of religion protections. The case was brought by six families who had argued that Act 169, the state law requiring the …

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by Steve Czajkowski

The International Criminal Tribunal for the former Yugoslavia (ICTY) assigned a new panel of judges Thursday to the upcoming war crimes trial of former Bosnian Serb leader Radovan Karadzic. The changes come following Karadzic's recent request, in which he argued that presiding Judge Alphons Orie and other judges …

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