Responding to a Brazilian complaint that US subsidies to cotton farmers are driving down world prices and hurting the cotton market, the appeals court of the World Trade Organization Thursday upheld the previous findings of trade judges that the US subsidies broke trade rules. The ruling by the WTO Appellate Body means that the US [...]

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Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Friday, March 4. The US Senate convenes at 9:30 AM ET today, and it will consider S. 256 , the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Watch a live webcast of proceedings. The US House is not [...]

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US Bankruptcy Judge Letitia Clark ruled Thursday that she will not reinstate Russian oil company Yukos' bankruptcy filing, which she dismissed last week for lack of jurisdiction in the United States. Late last week, Yukos filed a motion asking Judge Clark to reconsider her analysis of Section 1112(b) of the US bankruptcy code, saying there [...]

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Leading Thursday's corporations and securities law news, the SEC announced Putnam Investments has been ordered to pay an additional $43 million in fines as part of its punishment for an improper trading scandal. The announcement came after an independent consultant found the trading scandals cost investors in Putnam funds $4.4 million. Read the SEC press [...]

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