Siegelman, Scrushy Convictions to Be Reviewed
The Supreme Court on Tuesday ordered a new review of the convictions in the government corruption case against Don Siegelman, a former Alabama governor, and Richard Scrushy, a former chief executive of...
View ArticleSmartphone Patent Suits Challenge Big Makers
NTP, a patent-holding company best known for prying a settlement of more than $600 million from the maker of the BlackBerry, is suing the other big names in the smartphone industry: Apple, Google,...
View ArticleStricter Rules on Lawsuits Are Good for Management
Two Supreme Court decisions making it tougher to pursue lawsuits may have begun to bear fruit for corporations fighting investor claims or employee litigation, Bloomberg News reported.
View ArticleEnd of an Era of White-Collar Prosecutions?
The end of the cases of Jeffrey Skilling and Joseph Nacchio should largely bring to a close an era of corporate prosecutions attending the accounting problems that spread through a number of companies...
View ArticleWith Facebook, Debate Renews Over I.P.O. Regulation
Despite complaints from critics, regulation for public companies in the United States is in some cases lighter than it was before Sarbanes-Oxley was enacted.
View ArticleThe Curious Case of Sokol’s Departure
Warren E. Buffett’s letter and his assertions about no decision being made about a takeover can be viewed as a nice, and likely deliberate, defense for David Sokol.
View ArticleWhen a Legal Victory Isn’t a Victory
The convictions of Conrad Black and Jeffrey Skilling have been upheld by the "harmless error" doctrine. That could affect Raj Rajaratnam's expected appeal.
View ArticleHigh Court Spotlight on Right to ‘Credit Bid’
The crucial question for the Supreme Court is whether a bankruptcy sale without credit bidding can ever give the lender the “indubitable equivalent” of its secured claim.
View ArticleSupreme Court Rejects Former Enron Chief’s Latest Appeal
The Supreme Court declined to hear the latest appeal by Jeffrey Skilling, the former chief executive of Enron serving a 24-year sentence in a federal prison for his role in the energy company's collapse.
View ArticlePursuing Foreign Fraud Claims on American Soil
A Securities and Exchange Commission report on whether investors should be able to pursue fraud claims on foreign securities that take place outside the United States may face a hostile reception in...
View ArticleHigh Court Upholds Ability to ‘Credit Bid’
The Supreme Court has finally righted a bankruptcy muddle created by the appeals courts.
View ArticleIn Goldman Programmer Case, a Way Around Double Jeopardy
There is a significant loophole in the double jeopardy clause -- known as the "dual sovereignty" doctrine -- that permits different governments to pursue the same case.
View ArticlePorsche Wins Dismissal of Hedge Fund ‘Short Squeeze’ Lawsuit
A New York State appeals court dismissed a lawsuit brought by hedge funds against Porsche on Thursday, handing the German automaker a big victory in the long-running legal battle over its attempted...
View ArticleFor S.E.C., a Setback in Bid for More Time in Fraud Cases
A Supreme Court decision involving a statute of limitations rule may mean the S.E.C. will need to seek legislation from Congress that would give the agency more time to complete investigations.
View ArticleLawyers for Enron’s Skilling Are Trying to Reduce His 24-Year Prison Sentence
Jeffrey K. Skilling, the former Enron chief executive, could be released from prison early under a possible agreement with the government, according to a notice on the Justice Department's Web site.
View Article
