Recent Updates
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Venezuela threatens U.S. over Exxon fight
Legal World 02/10/2008President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.Exxon Mobil has gone after the assets of state oil c...
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Egypt Court Upholds Christian Conversion
Legal World 02/09/2008Egypt's highest civil court ruled Saturday that 12 Coptic Christians who had converted to Islam could return to their old faith, ending a yearlong legal battle over the predominantly Muslim state's tolerance for conversion.The court overturned an Apr...
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Court Orders French Trader to Be Jailed
Legal World 02/08/2008A French trader was ordered to be jailed Friday while investigations continue into the billions in losses he allegedly caused at Societe Generale bank.A probe into the case broadened as well, with police taking into custody a brokerage employee who r...
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Russian court refuses to release sick oil boss
Legal World 02/07/2008A Russian court refused bail on Wednesday to a jailed oil executive who is gravely ill with AIDS, the latest ruling in a case that has put Russia in breach of an order from the European Court of Human Rights. Vasily Alexanian, 36, has said he will di...
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Russian Court Keeps Sick Ex-Yukos Exec Jailed
Legal World 02/06/2008A Russian court suspended the trial of an ailing former executive of the dismantled oil giant Yukos on Wednesday but refused to release him from jail to be treated for AIDS-related cancer and tuberculosis.Lawyers for Vasily Aleksanian, a former lawye...
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Judge rejects Navy request for sonar training exemption
Legal World 02/05/2008Russia's Supreme Court on Tuesday threw out an appeal by Kremlin critic Mikhail Kasyanov against his disqualification from next month's presidential election.Election chiefs said last month Kasyanov could not run because signatures he submitted in su...
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Korean Big Law Firm Under Tax Audit
Legal World 02/04/2008The Korean National Tax Service has launched an audit of the country's largest law firm, Kim & Chang, over tips that the firm may have avoided paying taxes, tax officials said Monday. NTS officials played down the probe, but some industry sources...
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China Upholds Death for Ant Fraudster
Legal World 02/03/2008A court in northeastern China upheld a death sentence Monday against a businessman accused of bilking investors in a would-be ant-breeding scheme, state media reported.The Liaoning Provincial Higher People's Court turned down an appeal from Wang Zhen...
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Record profits prompt calls for windfall tax against Shell
Legal World 01/31/2008Calls for a windfall tax on oil companies have been reignited after Royal Dutch Shell posted record UK company profits of almost £14 billion.The Unite union said profits in the industry were "obscene" and urged the Government to take action, especial...
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EU Court: Downloaders Can Stay Private
Legal World 01/29/2008[##_1L|1157132117.gif|width="115" height="75" alt=""|_##]Record labels and film studios cannot demand that telecom companies hand over the names and addresses of people suspected of breaking European copyright rules by swapping illegal downloads, the...
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European Court condemns France over gay adoption
Legal World 01/24/2008[##_1L|1291690836.gif|width="115" height="75" alt=""|_##]The European Court of Human Rights has ruled that France discriminated against a lesbian woman by preventing her from adopting a child. The nursery school teacher, 45, has lived with the same f...
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Fed rushes to the rescue, Europe tries to reassure
Legal World 01/22/2008A shock U.S. interest rate cut failed to halt a stock market rout on Tuesday as fears of a U.S. recession forced policymakers in Europe and Japan to issue rapid reassurances about the health of their economies.The Federal Reserve cut its key interest...