Word: legality
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...Robert Zoellick, are expected to participate in the launch, as well as the chief executives of the three companies that have made it technically possible: Amadeus, Sabre and Travelport/Galileo, who run the reservation and ticketing systems for most of the world's airlines. Barring any last-minute technical or legal hitches, the scheme will roll out in late January in the U.S. and several European countries, including Britain, Germany, Spain and Switzerland. (See pictures of Africa's AIDS crisis...
...only allowed to bring civil cases. So even if Lewis is found liable on proxy statements, there is no possibility of jail time. The SEC can bar individuals from being officers of public companies, which would put an end to Lewis' Bank of America career, but legal experts say a ban in a proxy case would be unusual. The size of any fine would be determined by how important the information withheld was deemed to be. Still, even a relatively minor misstatement or omission can lead to a finding of liability...
...Primis clerked for Judge J. Michael Luttig on the U.S. Court of Appeals, 4th Circuit, before taking a clerkship for U.S. Supreme Court Justice Clarence Thomas. Primis noted that clerking is a once-in-a-lifetime experience that can “distinguish and advance one’s legal career.” According to the rankings, 41.4 percent of 2007 Yale Law School graduates were employed in judicial clerkships, with 37.0 percent of the class clerking in Article III courts. In contrast, 20.6 percent of the Harvard Law Class of 2007 worked in judicial clerkships, with 18.2 percent...
Exactly 222 years after the U.S. Constitution was signed, David H. Souter ’61—who stepped down from the Supreme Court this June—joined a panel of legal-minded Harvard professors yesterday in celebrating the nation’s founding document with a lively debate about its relevance.Souter has garnered a reputation for steering clear of the public limelight, preferring instead to retire to Weare, N.H., to the small farmhouse that was home to his parents and grandparents.But on the anniversary of the 1787 signing of the Constitution (and his 70th birthday), Souter, sporting...
...Unlike the charges by the various human rights groups, the U.N. 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...