The UN General Assembly voted Wednesday to ask the International Court of Justice (ICJ) for a non-binding advisory opinion on the legality of the unilaterally-proclaimed independence of Kosovo . Seventy-seven member states voted for a resolution that was introduced by Serbia last month, while six voted against and 74 abstained. The states voting against were [...]

READ MORE ▸

The Appeals Chamber of the International Criminal Tribunal for the former Yugoslavia (ICTY) Wednesday affirmed the 2007 conviction of Milan Martic on 16 counts of crimes against humanity and violations of laws and customs of war, including persecutions, murder, torture, deportation, attacks on civilians, and wanton destruction of civilian areas. The Appeals Chamber reversed Martic's [...]

READ MORE ▸

Citigroup Inc., Wachovia Corp. and Wells Fargo & Co. announced Wednesday that they had extended an agreement to freeze litigation activity through 8 AM Friday. According to Citigroup, the agreement provides for 1. A standstill of all formal litigation activity effective immediately;2. Ceas any formal discovery activities, and3. Cooperat in good faith to agree among [...]

READ MORE ▸

The US Supreme Court heard oral arguments Wednesday in three cases, including Winter, et al. v. Natural Resources Defense Council, Inc., et al. , 07-1239, in which the Court will review a Ninth Circuit ruling rejecting the Bush administration's attempt to exempt the US Navy from environmental laws so that the Navy could continue using [...]

READ MORE ▸

The United Nations will not open an investigation into the assassination of former Pakistani Prime Minister Benazir Bhutto , UN Secretary-General Ban Ki-Moon told reporters Tuesday. Pakistani President Asif Ali Zardari , who is Bhutto's widower, has repeatedly called for the UN to conduct an inquiry similar to the ongoing investigation into the 2005 assassination [...]

READ MORE ▸

The US Securities and Exchange Commission (SEC) said Tuesday that it has begun an agency review of US financial accounting procedures, including "mark-to-market" rules, pursuant to the recently-passed $700 billion financial rescue bill . The SEC statement coincided with the testimony Tuesday of current and former executives of insurance giant American International Group (AIG) before [...]

READ MORE ▸