Peter Henning, Wayne State University Law School: "Frank Quattrone, former star high tech investment banker at Credit Suisse First Boston (CSFB), was permanently barred from the securities industry and fined $30,000 by the NASD yesterday (Nov. 22). Quattrone was convicted this past March of obstruction of justice in connection with an e-mail he forwarded to [...]
In the matter of Viacom, Inc., Federal Communications Commission, ruling adopted November 9, 2004 and released November 23, 2004 . Read the full text of the FCC order here . Reported in JURIST's Paper Chase here.
Updating an earlier story on JURIST's Paper Chase, a federal judge late Tuesday denied the request of third-party candidates for a full recount of Ohio presidential ballots before the state had certified the election results. Judge James G. Carr in Toledo wrote that he sees no reason why the recount, to which the candidates are [...]
AP is reporting that media conglomerate Viacom has agreed to pay a record $3.5 million to settle FCC allegations of indecency on its radio and television stations. 6:15 PM ET – The complete FCC order is now available online. Read an FCC press release . Statements from the commissioners are available here. AP has more.
Larry Ribstein, University of Illinois College of Law: "This W$J overview of the Disney case puts the Eisner/Ovitz affair into perspective: a strong CEO rendered his board practically irrelevant. Left on his own, he fumbled badly. Shareholders suffered. There are many interesting aspects of this case, including the limits of judicial supervision under the business [...]
Malaysia's second-highest court has upheld a teacher's decision to expel three Muslim boys for wearing turbans to school. The ruling overturns an earlier ruling that any school's ban on turbans violated the right to freedom of religion. The Court of Appeal judge Gopal Sri Ram held courts have no place getting involved in disputes between [...]
Two third-party presidential candidates have filed a federal lawsuit in the US District Court in Toledo to force a recount in Ohio. The candidates are not interested in overturning President Bush's victory but instead are concerned with continuing reports of voter irregularities. Dan Trevas, spokesman for the Ohio Democratic Party, said the party intends to [...]
The EU has delayed a vote to take place later this week on a proposed law governing when patents can be obtained for technological developments after Poland expressed some reservation over whether to support the law. The law, known as the software patent directive, seeks to establish uniformity on patent laws across the EU, but [...]
The judge who will rule on whether to suspend an EU antitrust order against Microsoft pending its appeal has called a meeting between the parties for Thursday after two supporters of the EU case withdrew. Judge Bo Vesterdorf called the closed-door meeting to discuss "procedural matters," but sources suggested that the meeting would center on [...]
A retired judge appointed to handle the dispute of election results in the San Diego mayor's race said he will not order the count certain flawed write-in ballots and will not stop the results from being certified. In the election dispute, incumbent Mayor Dick Murphy leads city Councilwoman Donna Frye by 2,205 votes. However, Frye, [...]