Search Results for: finance

Merck woes deepen as federal appeals court nixes drug patent

January 28, 2005 04:17:00 PM

The US Court of Appeals for the Federal Circuit ruled Friday that the patent for the once-a-week version of Fosamax , the second best selling drug produced by Merck & Co. , is...

January 27, 2005 12:33:00 PM

Leading Thursday's corporations and securities brief,The trial of two former Parmalat auditors, Maurizio Bianchi and Lorenzo Penca, who both worked for auditing firm Grant Thornton, began today in Milan, Italy. This is the first trial since the...

January 27, 2005 11:51:00 AM

Reuters is reporting that Riggs Bank has pleaded guilty to money laundering charges and agreed to pay $16 million. The charges stem from the bank's handling of finances for diplomats and foreign officials, including former Chilean dictator...

January 24, 2005 02:15:00 PM

Israel has reportedly begun seizing land in east Jerusalem land owned by Palestinians in the West Bank under a law passed in 1950. The land has been transferred to the Custodian of Absentee Property [UN Secretariat working paper with...

January 24, 2005 10:35:00 AM

A leading candidate on the Shiite Muslim ticket for this week's elections in Iraq has said that he fears the landmark poll could be tarnished by fraud and abuse. Iraqi Finance Minister Adel Abdel Mahdi indicated that...

January 21, 2005 03:32:00 PM

US Bankruptcy Judge Eugene Wedoff Friday approved a 90-day extension of the exclusivity period covering the bankruptcy reorganization plan of UAL Corporation, parent of United Airlines . During the exclusivity period, no other parties may submit...

January 20, 2005 03:12:00 PM

Chile's Supreme Court said Thursday that a judge who has been investigating allegations of tax fraud against former dictator Augusto Pinochet can begin an international search for secret bank accounts belonging to Pinochet. Judge...

January 14, 2005 01:02:00 PM

The United States has announced that it will withhold $10 million in aid to Serbia and Montenegro due to Belgrade's lack of cooperation with the UN-backed International Criminal Tribunal of the former Yugoslavia ....

January 13, 2005 05:48:00 PM

Following up on JURIST report from earlier today, US Bankruptcy Judge Stephen Mitchell has now approved a deal between US Airways and the federal Air Transportation Stabilization Board , extending the government's financing of the troubled...

January 13, 2005 10:06:00 AM

Leading Thursday's corporations and securities law news, the SEC is considering a combined settlement with several brokerage firms in its probe of the $204 billion auction-rate bond market. The SEC's investigation has uncovered several potential violations related...

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THIS DAY @ LAW

Supreme Court ruled corporations due equal protection rights

On May 10, 1886, the US Supreme Court ruled in Santa Clara County v. Southern Pacific Railroad Company that corporations were "persons" within the terms of the Fourteenth Amendment, and therefore were due rights of equal protection under state law.

Nelson Mandela became first black president of South Africa

On May 10, 1994, Nelson Mandela was inaugurated as the first black President of South Africa. Before becoming President, Mandela was an anti-Apartheid leader in segregated South Africa. He served twenty-seven years in prison before his release in 1990, after which he was elected president of the country. Mandela was awarded the Nobel Peace Prize in 1993.

Read a biography of Nelson Mandela from the Nobel Foundation.