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House lawmakers address the issue of executive pay
LAWMAKERS ARE ADDRESSING an issue that rankles company shareholders and the public-executive pay packages and perks-at a time when revelations of excess surface almost daily.A senior Democrat, Rep. Barney Frank of Massachusetts, wants Congress to give shareholders a greater say over executive compensation."There have clearly been abuses," Frank said at the start of a hearing by the House Financial Services Committee last week.Admissibility of Scientific Evidence: Foundational Requirements After 'Frye'
Arthur E. Brown and Bert L. Slonim of Kaye Scholer write that since the Court of Appeals' 2006 decision in 'Parker' there has been some confusion in the lower courts about how the two-part test should be applied. Recent cases have clarified the standard, holding that mere case reports or extrapolations from observational studies are insufficient, and requiring more rigorous studies to establish a reliable foundation for scientific evidence.European crisis tops 2011 in business
Europe took the financial world on a stomach-churning ride in 2011.The rising threat of default by heavily indebted European countries spread fear across financial markets and weighed on economies worldwide. As the year came to a close, banks and investors nervously watched Europe's political and financial leaders scramble to prevent the 17-nation eurozone from breaking apart.Is global warming an actionable tort?
Plaintiffs in some cases have been granted standing, but they may face difficulties as these cases mature.Using his natural resources experience
Profile: Richard Gordon, general counsel, Time Oil Co.Anadarko tells BP it won't help pay for oil spill
NEW YORK AP - Anadarko Petroleum Corp. says it won't help BP pay for the worst oil spill in U.S. history.The Houston company, which owns 25 percent of BP's blown-out well in the Gulf of Mexico, said Friday it has refused to send the $272 million contribution that BP requested in June.As part owner, Anadarko was on the hook to help pay to corral and clean up the spill.FTC Settles Case Over 'Scam' Virus Ads
The Federal Trade Commission sued Jesta Digital LLC in U.S. District Court for the District of Columbia, charging the company with violating the FTC Act. The case immediately settled, with Jesta agreeing to pay $1.2 million to the FTC and issue refunds to "a large number" of consumers.Trending Stories
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