Reuters is reporting that Department of Homeland Security Secretary Tom Ridge has resigned. AP has more on the resignation, with quotes from Ridge and additional speculation on likely successors to the Homeland Security post....
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In Tuesday's corporations and securities law news, the SEC announced American International Group Inc. (AIG), the world's largest insurance company, has agreed to pay $126 million to settle charges it helped companies fraudulently inflate earnings. AIG will pay a...
A federal district judge has upheld the constitutionality of the Sarbanes-Oxley Act against a challenge by former HealthSouth CEO Richard Scrushy, the first executive charged under the act last year for his alleged oversight of a scheme to...
The UK High Court Tuesday lifted an injunction preventing a man from helping his scik wife travel to Switzerland for an assisted suicide. Family Division judge Justice Hedley lifted the temporary injunction, but ruled that police held discretion on...
The Quebec Court of Appeal Tuesday began hearing an appeal challenging the constitutionality of Canada's 1997 Tobacco Act. Lawyers for Canada's three largest tobacco companies told the court that the law, which bans tobacco sponsorship, restricts advertising and requires...
A spokesperson for opposition presidential candidate Viktor Yushchenko said Tuesday that Yushchenko is breaking off negotiations aimed at settling the political crisis that has arisen after Ukraine's presidential election. Current Prime Minister Viktor Yanukovych had offered to give Yushchenko...
The Securities and Exchange Commission Tuesday unveiled new rules that give more time to more than 2,000 public companies struggling to compile reports on their safeguards against fraud and bad financial reporting. Smaller companies are having trouble meeting the...
In a decision handed down Tuesday morning, the US Supreme Court ruled that the damages cap of $1,000 on recoveries under the Truth in Lending Act remained unchanged when Congress changed other TILA terms in 1995. The case is...
Russian President Vladimir Putin introduced legislation Tuesday to the state Duma that would set a maximum service age for judges and justices of the peace at 70 years old. The stated goal of the legislation is to create uniformity...
The New York-based Center for Constitutional Rights and four Iraqi citizens will file a criminal complaint in Germany Tuesday against Defense Secretary Donald Rumsfeld and seven other high-ranking US officials, seeking to hold the officials accountable for acts of...
