BREAKING NEWS ~ CIBC settles with Enron investors for record $2.4 billion News
BREAKING NEWS ~ CIBC settles with Enron investors for record $2.4 billion

[JURIST] Canadian Imperial Bank of Commerce [official website] on Tuesday agreed to a $2.4 billion settlement over a class-action lawsuit with investors in collapsed energy giant Enron Corp. The settlement is the largest yet, beating the $2.2 billion settlement with JP Morgan Chase [JURIST report] and the $2 billion paid by Citigroup to Enron investors [JURIST report]. Reuters has more.

THIS DAY @ LAW

Republic of Ireland Act enters force

On April 18, 1949, the Republic of Ireland Act went into force, creating a republic in the state of Ireland. The Act repealed the Executive Authority Act, which had given governing authority in Ireland to the King of England.

Treason charges against poet Ezra Pound dropped

On April 18, 1958, treason charges against American poet Ezra Pound, first laid in 1943 in connection with his wartime broadcasts for the Italian Fascist government of Benito Mussolini, were dropped.

Read Jonas Doberman, The Treason Debate: Ezra Pound and his Rome Radio Broadcasts[PDF].

More This Day @ Law... ▸