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News Corporations and securities brief ~ KPMG may be nearing settlement with DOJ
Corporations and securities brief ~ KPMG may be nearing settlement with DOJ
James Murdock
August 22, 2005 07:30:00 pm

Leading Monday's corporations and securities law news, the Financial Times is reporting that the US Department of Justice is nearing a settlement with Big Four accounting firm KPMG . KPMG has been under investigation for its creation and...

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News Corporations and securities brief ~ NYSE may settle with Grasso for $25 million
Corporations and securities brief ~ NYSE may settle with Grasso for $25 million
James Murdock
August 17, 2005 05:45:00 pm

Leading Wednesday's corporations and securities law news, Newsweek is reporting that the New York Stock Exchange may settle with former CEO Richard Grasso for $25 million. The NYSE is attempting to recoup some of the $187 million...

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News Corporations and securities brief ~ JP Morgan settles with Enron
Corporations and securities brief ~ JP Morgan settles with Enron
James Murdock
August 16, 2005 07:31:00 pm

Leading Tuesday's corporations and securities law news, JP Morgan Chase has settled with Enron for the bank's role in the accounting fraud that lead to Enron's bankruptcy . In a Tuesday press release , JP...

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News Corporations and securities brief ~ NYSE fines Merrill Lynch for "operational lapses"
Corporations and securities brief ~ NYSE fines Merrill Lynch for "operational lapses"
James Murdock
August 15, 2005 07:06:00 pm

Leading Monday's corporations and securities law brief, the New York Stock Exchange says it has censured and fined Merrill Lynch for what it called "supervisory and operational lapses." In a press release, the NYSE indicated it has fined the...

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News Corporations and securities brief ~ Former HVB banker pleads guilty in tax shelter scheme
Corporations and securities brief ~ Former HVB banker pleads guilty in tax shelter scheme
James Murdock
August 11, 2005 07:34:00 pm

Leading Thursday's corporations and securities law brief, former HVB Group executive Domenick DeGiorgio has pleaded guilty to fraud and tax evasion for his role in creating and selling illegal tax shelters for HVB and its customers. Though...

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News Corporations and securities brief ~ Federal court suspends SEC mutual fund rule
Corporations and securities brief ~ Federal court suspends SEC mutual fund rule
James Murdock
August 10, 2005 11:33:00 pm

Leading Wednesday's corporation and securities law news, the US Court of Appeals for the District of Columbia Circuit has suspended controversial corporate governance rules for mutual funds promulgated by the Securities and Exchange Commission. The suspension will last until...

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News Corporations and securities brief ~ Berkshire Hathaway in SEC probe
Corporations and securities brief ~ Berkshire Hathaway in SEC probe
James Murdock
August 8, 2005 06:38:00 pm

Leading Monday's corporations and securities law brief, Warren Buffett company Berkshire Hathaway has revealed that the management company is being investigated by the SEC and the state of New York, among others. In a filing with...

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News Corporations and securities brief ~ CIBC pays Enron $250 million to settle suit
Corporations and securities brief ~ CIBC pays Enron $250 million to settle suit
James Murdock
August 5, 2005 04:06:00 pm

Leading Friday's corporations and securities law brief, the Canadian Imperial Bank of Commerce (CIBC) has agreed to pay Enron Corp. $250 million. The payment follows a a $2.4 billion settlement with Enron shareholders [JURIST...

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News Corporations and securities brief ~ FCC, DOJ approve Sprint-Nextel merger
Corporations and securities brief ~ FCC, DOJ approve Sprint-Nextel merger
James Murdock
August 4, 2005 05:29:00 pm

Leading Thursday's corporations and securities law news, the Sprint-Nextel merger has taken a large step towards final approval after the Federal Communications Commission and the US Justice Department ...

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News Corporations and securities brief ~ Cox sworn in as SEC chief
Corporations and securities brief ~ Cox sworn in as SEC chief
James Murdock
August 3, 2005 11:37:00 pm

Leading Wednesday's corporations and securities law news, Christopher Cox was sworn in as the chairman of the Securities and Exchange Commission . Cox, who became the 28th chairman of the SEC, took the oath of office...

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THIS DAY @ LAW

Gandhi sentenced for sedition after civil disobedience campaign

On March 18, 1922, a court in British-ruled India sentenced Mohandas Gandhi to six years in prison for sedition in connection with his civil disobedience campaign for Indian home rule. Read Gandhi's famous statement to the trial court. Gandhi served two years of his sentence and was then released.

Supreme Court requires states to provide counsel for indigent defendants

On March 18, 1963, the US Supreme Court in Gideon v. Wainwright held that the Constitution requires states to provide counsel for indigent criminal defendants. For a unanimous Court, Justice Hugo Black wrote, "Any person haled into court, who is too poor to hire a lawyer, cannot be assured a fair trial unless counsel is provided for him." Counsel had been required for indigent federal defendants since 1938.

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