Word: courting
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...issue of Lewis' honesty resurfaced this week when a judge in U.S. district court rejected a proposed settlement struck between Bank of America and the Securities and Exchange Commission (SEC) over Merrill bonuses. The SEC and Bank of America had earlier agreed that the bank would pay a $33 million penalty to settle an investigation into whether it misled shareholders about year-end payouts on the eve of a vote to approve the merger. As part of the proposed settlement, Bank of America neither admitted nor denied that it had done anything wrong...
...Judge Jed Rakoff, in striking down the settlement, said fining the company - and thus its shareholders - for a misdeed of management was misplaced. "This proposal to have the victims of the violation pay an additional penalty for their own victimization was enough to give the court pause," wrote Rakoff in his decision...
...percentage of 2007 graduates from each school who received employment as judicial clerks. Clerks are assigned to one judge or justice and are charged with reviewing briefs and conducting research for pending cases. The ranking system takes into account both the percentage of graduates employed as clerks in any court and the percentage of graduates employed as clerks in Article III courts, which include the U.S. Supreme Court, the 12 U.S. Courts of Appeals, and the 94 U.S. District Courts. “Clerkship is a terrific training opportunity and exposes a young lawyer to the inner workings...
...report could potentially carry legal consequences. It is scheduled to be discussed on Sept. 28 at the U.N. Human Rights Council, where member countries might seek to have the matter taken up by the Security Council - which can, if it chooses, refer the matter to the International Criminal Court at The Hague. Although political factors make such a course of action highly unlikely at the moment, Israel's foreign ministry is taking no chances. It is launching a diplomatic push focused on the veto-wielding five permanent Security Council members (Russia, China, Britain, France and the U.S.) to prevent...
...Although Israel is aware of having lost the Gaza battle in the court of international public opinion - and has warned officers involved in the operation of the danger of arrest in third countries while traveling in their private capacities - the operation enjoyed overwhelming domestic political support. And Israel's heavy-handed approach in what it called Operation Cast Lead, which inflicted heavy casualties and widespread damage to Gaza's infrastructure, has been embraced as a model of effectiveness by the Israeli military, because it is seen as having ensured that Israeli forces suffered hardly any casualties while operating against...