Wednesday, May 27, 2015
'Ugly' potential fallout from Supreme Court health care case
A likely reason: Twenty-six of the 34 states that would be most affected by the ruling have Republican governors, and 22 of the 24 GOP Senate seats up in 2016 are in those states.
Obama's law offers subsidized private insurance to people without access to it on the job. In the court case, opponents of the law argue that its literal wording allows the federal government to subsidize coverage only in states that set up their own health insurance markets.
Most states have not done so, because of the intense partisanship over "Obamacare" and in some cases because of technical problems. Instead, they rely on the federal HealthCare.gov website.
If the court invalidates the subsidies in those states, an estimated 8 million people could lose coverage. The results would be "ugly," said Sandy Praeger, a former Kansas insurance commissioner.
Wednesday, May 20, 2015
Swiss Bank UBS Pleading Guilty To Wire Fraud
Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market manipulation.
The bank said Wednesday that under the deal with U.S. authorities it will be granted conditional immunity from prosecution in a Department of Justice probe on the manipulation of foreign exchange rates. UBS AG said it was the first to report to the DOJ potential misconduct by banks in forex markets.
It will however pay a $342 million fine to the Federal Reserve.
It will separately pay a $203 million fine to the DOJ for manipulating a key market interest rate called the London Interbank Offered Rate.
The bank said "the conduct of a small number of employees was unacceptable and we have taken appropriate disciplinary actions."
Monday, May 18, 2015
High court won't hear appeal over Walker campaign probe
The justices on Monday let stand an appeals court ruling that said Wisconsin Club for Growth and its director, Eric O'Keefe, must resolve their claims in state courts.
No one has been charged as a result of the investigation which has sought documents and testimony about possible violation of state campaign finance laws.
The investigation is on hold while a separate legal challenge is pending before the Wisconsin Supreme Court.
The club and O'Keefe argued that the investigation was a violation of their First Amendment rights and an attempt to criminalize political speech.
Friday, April 17, 2015
New York Adoption Attorneys – Rosin Steinhagen Mendel
Friday, April 10, 2015
Charlotte Employment Attorney - Strianese Law
Friday, April 3, 2015
Playwright David Adjmi wins New York infringement court case
Loretta A. Preska, chief judge of the U.S. District Court for the Southern District of New York, ruled Tuesday that David Adjmi, whose play "3C" had a run at Rattlestick Playwrights Theatre in 2012, is protected under the doctrine of fair use.
"The play is a highly transformative parody of the television series that, although it appropriates a substantial amount of 'Three's Company,' is a drastic departure from the original that poses little risk to the market for the original," the judge wrote, noting that copyright law "is designed to foster creativity."
Adjmi had the backing of many theater community heavyweights, including Jon Robin Baitz, Stephen Sondheim, Tony Kushner, John Guare and Terrence McNally.
The play is about two girls — one a tomboy, the other a sexy ditz — and a guy who spontaneously become roommates in a rundown Santa Monica apartment after a wild party.
They clash with a dislikable landlord who makes offensive, homophobic jokes. The playwright is exploring the idea of a culture avoiding difficult issues and problems by retreating into sex and drugs.
Thursday, February 19, 2015
Spain court sentences man to 10 years for Codex theft
In a ruling Wednesday, the court in A Coruna city convicted Jose Manuel Fernandez Castineiras of theft and money laundering.
Authorities found the richly-decorated Codex, which went missing in 2011, in his garage.
During the January trial, Castineiras, who is in his 60s, insisted he couldn't remember confessing to the theft.
Authorities who searched his home in 2012 also found other valuable religious works and recovered more than 1 million euros ($1.1 million).
Tens of thousands make the pilgrimage to Santiago each year.