Shareholders of Washington Mutual Inc will have a voice in the company's bankruptcy after a judge refused on Thursday to disband their committee, which Washington Mutual said would complicate the case.

The U.S. Trustee, who plays an oversight role in bankruptcy, appointed the committee earlier this month after being petitioned by 3,500 shareholders. The company immediately asked the court to disband it.

The committee will be able to speak with a unified voice and hire professionals, who would be paid by the company.

Washington Mutual has said since it filed for bankruptcy in 2008 that it is hopelessly insolvent, and therefore there is no need for an official committees of shareholders.

A man who authorities say had a cache of weapons and a map of an Army base in a New Jersey motel room is due in court on Friday.

Lloyd Woodson was arrested Monday after a convenience store clerk in Branchburg called police to report he was acting strangely.

Police say Woodson was wearing a bulletproof vest and carrying an assault rifle. Officers found weapons including a grenade launcher and a map of New York's Fort Drum in his motel room.

Woodson is charged with state and federal weapons violations.

Authorities have not said whether they think he was planning an attack. The FBI said Woodson has no known terrorist connections.

The New Hampshire Supreme Court on Thursday put a dent in the state budget by rejecting the state's claim to $110 million in surplus from a fund that underwrites medical malpractice insurance.

In a 3-2 decision, the court upheld policyholders' claim they had a constitutionally protected contractual right to the money. The court said the state could not change its law to apply retrospectively to contracts with policyholders.

"I'm disappointed. I thought it was going to be a close call to begin with," said Gov. John Lynch. "We'll manage through it."

Lynch said the decision means the state will have to find $45 million over the next 17 months. He was not specific on what he will do.

Republicans, who are in the minority in the Legislature, have repeatedly called the state's claim an attempt to "steal" money from doctors and health care providers.

A conservative legal foundation on Wednesday asked federal regulators to give a green light to corporations and unions to begin spending their treasuries to influence this year's congressional elections.

The James Madison Center for Free Speech asked the Federal Election Commission to formally throw out its rules that restrict corporate and union spending on politics, saying the step is needed to implement last week's Supreme Court decision that freed such groups to get more directly involved in election campaigns.

"This is an election year," said James Bopp, the center's attorney. "Speakers will want to exercise the First Amendment rights to political speech" outlined in last week's decision, he said, "so the FEC should adopt these regulations quickly."

Without a formal declaration by the FEC, Bopp said, advocacy groups will be hesitant to take full advantage of the new leeway the Supreme Court granted in last week's controversial 5-4 ruling, fearing they might be subject to enforcement action.

A former executive at the New Castle Funds LLC hedge fund pleaded guilty on Wednesday to an insider trading conspiracy that also ensnared Galleon fund founder Raj Rajaratnam, but he is not cooperating with the investigation.

The executive, Mark Kurland, 61, is the eighth person to plead guilty in Manhattan federal court in the probe of illegal trading involving the earnings forecasts and mergers and acquisitions of some of America's best-known companies.

At New Castle, Kurland was a colleague of Danielle Chiesi, 44, who was indicted along with Rajaratnam last month. Rajaratnam and Chiesi have pleaded not guilty to the charges. All three were arrested on October 16 last year.

U.S. prosecutors said that recorded telephone conversations between Rajaratnam and Chiesi revealed that Rajaratnam, Kurland, Chiesi and a cooperating witness received information directly or indirectly from insiders and provided it to each other for trading purposes.

The California Supreme Court on Thursday questioned the constitutionality of a provision of "Jessica's Law" that lets authorities indefinitely confine sexually violent predators.
It's the first of two decisions the court is expected to issue in the coming days over the legality of the law that was passed as Proposition 82 by 70 percent of voters in 2006.

The Supreme Court is scheduled to rule Monday on a separate legal challenge to a provision prohibiting released predators from living within 2,000 feet of a school or park.

On Thursday, the court dealt with the issue of whether sexually violent predators can be treated differently than other violent felons, who can only be held for defined terms in mental health facilities after prison.

In a 5-2 decision written by Justice Carlos Moreno, the Supreme Court offered suggestions about how government lawyers should approach the case.

Moreno said it could be that mental disorders make it likely that sexually violent predators will re-offend. Or, they could "pose a greater risk to a particularly vulnerable class of victims, such as children," Moreno noted.

Nonetheless, Moreno concluded the government had not produced any evidence to distinguish sexual predators from other violent offenders. California Deputy Attorney General Bradley A. Weinreb, who argued the case before the Supreme Court, didn't return a telephone call.

The wife of a former high-ranked Bush administration lawyer who was charged earlier this month with her attempted murder has brought a civil suit against him for $30 million.

As previously reported, John Michael Farren is accused of flying into a rage after his wife served him with divorce papers on January 6, beating her unconscious with a metal flashlight, and then attempting to strangle her. She fled to a neighbor's house with their seven-year-old and four-month-old after triggering an alarm which brought the police to arrest Mr. Farren.

In her affidavit, Mary Farren makes some unusual arguments for why she not only needs $30 million but needs it right now, prior to any judgment in her case and before her husband can use any of the couple's assets to post his $2 million bond.