The Walt Disney Co. shareholder derivative lawsuit filed in May by nephew of founder Walt Disney and Disney shareholder Roy Disney was dropped Friday evening after the two sides came to agreement. Roy Disney and business partner Stanley Gold sued the company in May , claiming that the selection of new CEO Robert Iger as [...]

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Imad Achab Kanouni, a French citizen once held in the American detention facility at Guantanamo Bay was released from French custody Friday. Top French anti-terrorism judge Jean-Louis Bruguiere ordered Kanouni's release from French detention, where he had been held for a year after being returned to French custody. Kanouni had been apprehended by Pakistani police [...]

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Carhart v. Gonzales, US Eighth Circuit Court of Appeals, July 8, 2005 . Excerpt: Because the Act does not contain a health exception, it is unconstitutional. We therefore do not reach the district court's conclusion of the Act imposing an undue burden on a woman's right to have an abortion. Read the full text of [...]

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Leading Friday's corporations and securities law news, Big Four accounting firm Deloitte is under investigation by federal regulators. Bloomberg News is reporting that the Public Company Accounting Oversight Board accidentally released a private document to the media alleging that Deloitte's work for Navistar did not comply with established accounting standards. The board was established as [...]

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Leading Friday's states brief, the Nebraska Supreme Court upheld a lower court decision today that found the state's Department of Natural Resources cannot regulate groundwater unless the legislature confers such authority. Judge John Wright, writing for the majority, stated "The department has no common-law duty to regulate the use of groundwater in order to protect" [...]

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