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...tainted company for $600 million in a government auction in April. If the fraud money reappears as assets in the name of the company, its good news for Tech Mahindra, which paid a huge sum for Satyam and its liabilities, says Suresh Talwar, partner at Mumbai-based law firm Talwar Thakore & Associates, Satyam's corporate counsel until 2006. It could be a bonanza for shareholders, too, in the form of dividends or bonus shares, he says. Judging by the scale of the fraud and India's lethargic judicial system, any windfall could still be a long...
...commissioners are ... people who have a historical vendetta against the South Korean government," says Shin Ji Ho, a lawmaker in the conservative Grand National Party (GNP), who helped the victims file the complaint. In 2005, Shin was part of a group of 13 conservative lawmakers who drafted a law that combined many earlier truth commissions into the one now. Critics charged this as a move to limit the investigations. Shin adds that the mandate should not be renewed when it expires in April...
...episode is the control exercised by local governments generally over the police, especially in deciding key appointments. Four police officers are under investigation for their possible involvement in the Maguindanao killings. Interior Secretary Ronaldo Puno told a news conference that there appeared to be a "total misuse of our law enforcement in the area." Until the central government gets a grip on Maguindanao and the wider south, such misuse and the concomitant lawlessness will tragically persist...
...When a statute admits two constructions, one of which requires a decision on a hard question of constitutional law, it has long been our practice to prefer the alternative," Kozinski wrote in the January order. "The discussion above illustrates the constitutional thicket into which the discriminatory construction drags us. I therefore construe the Federal Employee Health Benefits Act to permit the coverage of same-sex spouses." (See more about gay rights...
...week demanded that the executive branch reverse course, and gave the Administration 30 days to enroll Golinski's wife as her health-insurance beneficiary. He made clear that if it doesn't, he's ready to use the powers of his court to enforce his decree. University of California law professor Rory Little, a former Justice Department prosecutor and chief of appeals, called the order a "bombshell." "This is like exposing the tip of a huge iceberg that nobody knew even existed," he told TIME. "It's a fascinating question: Do the courts even have the power to do this...