Court asked to delay fund director rule
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WASHINGTON -- The US Chamber of Commerce filed an emergency motion yesterday seeking a court order to block the Securities and Exchange Commission from requiring that 75 percent of mutual fund directors, including the chairman, be independent of the fund company.
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A Moscow court on Tuesday delayed a  hearing into a $22.5 billion lawsuit by Russia&#39;s federal  customs service against Bank of New York to November after the  plaintiffs asked the Foreign Ministry to intervene.
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The staff of the U.S. Securities and Exchange Commission is considering recommending a civil injunction and/or administrative proceedings against Citigroup Asset Management, Citicorp Trust Bank, former asset management unit Chief Executive Thomas Jones and three other people, Citigroup  said on Friday.
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The judge presiding over a massive pension suit against IBM, which could cost the company more than &#36;6.5 billion, agreed Friday to a short delay while settlement talks continue.
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Federal election officials have asked a judge to stay a ruling striking down several government regulations on political fund raising, arguing that rules interpreting the nation's campaign finance law are crucial as the election approaches.
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The U.S. Congress asked the  Securities and Exchange Commission on Saturday to send  lawmakers a report justifying a new rule forcing mutual fund  boards to have independent chairmen.
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A federal judge has delayed for a  week a decision on proposed bankruptcy financing for Trump  Hotels & Casino Resorts Inc. DJTCQ.OB, giving shareholders  time to review the company's finances.
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A federal judge has delayed for a  week a decision on proposed bankruptcy financing for Trump  Hotels & Casino Resorts Inc. DJTCQ.OB so that shareholders  can review the company's finances.
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A Delaware Chancery Court judge ruled on Friday Caremark Rx Inc.  must delay a shareholder vote on its planned acquisition by CVS Corp.  until at least 20 days after it provides more details on the transaction.
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WASHINGTON (CBS.MW) -- The US Chamber of Commerce filed a lawsuit Thursday against the Securities and Exchange Commission, seeking to overturn a rule requiring mutual funds&#39; boards of directors to have independent chairs.
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A federal appeals court ordered a lower court yesterday to reconsider whether a lawsuit against underwriters including Citigroup and Morgan Stanley can proceed as a class action.
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The judge presiding over a massive pension suit against IBM, which could cost the company more than $6.5 billion, agreed Friday to a delay while settlement talks continue.
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A Delaware Chancery Court judge  ruled on Friday that Caremark Rx Inc.  must delay a  shareholder vote on its planned acquisition by CVS Corp.   until at least 20 days after it provides more details  on the transaction.
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A crucial legal ruling in Oracle's takeover bid for Peoplesoft is delayed after a judge says he needs to hear more evidence.
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HOUSTON A judge in Houston has delayed the March trial of five former executives from Enron&#39;s defunct broadband unit. US District Judge Vanessa Gilmore granted the month-long postponement because a lawyer
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The Bush administration on Friday asked a federal judge to delay enforcing her order for a halt to the government's warrantless communications surveillance program.
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WASHINGTON Sept. 20, 2004 - A judge has struck down several government rules on campaign fund raising, ordering tougher restrictions on big political money in the long term while creating uncertainty about