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Delta, Northwest are close to merger
Mergers & Acquisitions |
2008/02/20 05:30
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Delta Air Lines and Northwest Airlines are close to a deal that would create the world's largest carrier and could jump-start what is expected to be the biggest airline consolidation wave in decades. The long-awaited pact between Delta, the nation's third-largest airline, and No. 5 Northwest could come as early as today, following an agreement by the airlines' pilots unions for a common contract. The marriage - pending regulatory approval - would create a new and expanded Delta with a fleet of 1,115 planes and 85,000 employees. It would fly more than 130 million passengers annually to more than 1,100 cities. The combination would bring together two airlines that each emerged from bankruptcy only a year ago. While the deal could mean higher fares for some passengers in some markets, widespread or prolonged increases are less likely, because the two airlines have fewer routes that overlap, analysts said. Also, the combined airline could face increased competition from low-cost carriers looking to move into markets left behind by the combined carrier. "The impact on fares will be neutral," said Terry Trippler, an aviation consultant who runs TripplerTravel.com, a travel advice Web site. "I can't find too many places where these two airlines combining would create a monopoly." A deal could still be delayed or even scuttled, particularly if pilots don't come to an agreement on meshing their seniority lists and other issues. Delta and Northwest don't want to repeat the expensive labor issues that have stymied the merger of US Airways and America West. If a deal is struck, the new airline would retain the Delta name and base its headquarters in Atlanta, where Delta has its largest airport hub. In hope of winning political support in Minneapolis, Northwest's hometown, the combined airline is likely to keep major operations there, including maintaining Minneapolis-St. Paul International Airport as a second hub. The deal is expected to encounter significant scrutiny from regulators. Analysts believe the next combination could involve United Airlines, the nation's fourth-largest airline, and No. 6 Continental Airlines. "The orchestra is playing and the dance is beginning, so you better pick a partner or you'll lose out," Trippler said. The prospective Delta-Northwest deal marks the latest attempt at a merger in an industry that has seen a number of failed deals in recent years, including last year's hostile bid for Delta by US Airways and an attempt by United and Continental to tie the knot in 2001. One investor group estimated that the Delta-Northwest merger could result in cost savings of $1.5 billion a year. The airlines together posted more than $31 billion in revenue last year.
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Luxembourg parliament adopts euthanasia law
International |
2008/02/20 03:34
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Luxembourg parliament adopted a law late on Tuesday to legalize euthanasia and assisted suicide, adding the Grand Duchy to a small group of countries that allow the terminally ill to end their lives. The law, expected to come into force towards the summer, was passed by 30 votes to 26. Luxembourg's media said it was a symbolic defeat for Prime Minister Jean-Claude Juncker whose Christian Social Party opposed it. "The Christian Social Party and the Catholic church were against the euthanasia law, calling it murder but we said no, it's just another way to go," said Jean Huss, a member of parliament of the Green Party and co-sponsor of the bill. Huss said he expected that the legislative process needed for the law to come into force would take a few more months and would most likely be implemented towards the summer. The Netherlands became the first country to permit assisted deaths for the terminally ill in April 2002. Opponents there had drawn parallels with Nazi Germany, where authorities killed thousands of disabled children and mentally ill adults. Huss said fears that old people would be pressured to commit suicide were groundless, given the checks and balances built into the law. Euthanasia would be allowed for the terminally ill and those with incurable diseases or conditions, only when they asked to die repeatedly and with the consent of two doctors and a panel of experts.
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Beaumont man pleads guilty to Rita fraud
Court Watch |
2008/02/20 01:38
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A Beaumont man has pleaded guilty to making a false statement to FEMA in seeking disaster relief after Hurricane Rita. Wilyum Henderson, 50, entered the plea Tuesday in federal court in Beaumont. The U.S. Attorney's Office said Henderson filed a fake claim with the Federal Emergency Management Agency for disaster housing and individual assistance for losses from the hurricane that hit the Gulf Coast in 2005. He received $2,000 in assistance. Henderson could be sentenced to up to five years in prison and fined up to $250,000. A sentencing date hasn't been set. |
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Court Rejects Maine Restrictions On Tobacco Shipping
Breaking Legal News |
2008/02/20 01:37
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The U.S. Supreme Court Wednesday unanimously rejected provisions of a Maine law that restricts the shipment of tobacco products in the state. "Despite the importance of the public health objective, we cannot agree with Maine that the federal law creates an exemption," Justice Stephen Breyer wrote in the court's majority opinion. "The act says nothing about a public health exception." The ruling determines that federal trucking laws bar state regulation of tobacco shipments, despite Maine's concern that tobacco products might be shipped to minors. The state law, passed by Maine in 2003, required shippers such as United Parcel Service Inc. (UPS) to follow special handling procedures when delivering cigarettes or other tobacco products with the aim of keeping tobacco from being shipped illegally to minors. The industry challenged the provisions, arguing they were onerous, increased costs and ran afoul of the federal limit on state shipping regulations. Major shipping companies, including UPS and FedEx Corp. (FDX), already have voluntarily agreed not to ship cigarettes in a settlement with New York over tobacco restrictions enacted in that state. In previous legal action, the Maine law was struck down by a federal trial court. The 1st U.S. Circuit Court of Appeals in Boston affirmed lower-court rulings that held federal shipping laws pre-empted the Maine law. The Supreme Court's opinion affirms the appeals court holding. |
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Court orders whistle-blower site offline in U.S.
Court Watch |
2008/02/19 09:11
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A California district court has shut down a controversial Web site in the U.S. that allows whistle-blowers to post corporate and government documents online anonymously. A site known as Wikileaks.org has been taken offline in the U.S. due to a court order from the U.S. District Court in San Francisco. However, the site remains online in other countries, including Belgium and Germany. The order in the U.S. came after a Swiss bank, the Julius Baer Group, filed a complaint earlier this month against the site and San Mateo, Calif.-based Dynadot LLC, Wikileaks' domain name registry, for posting several hundred of the bank's documents. Some of those documents allegedly reveal that the Julius Baer Group was involved in offshore money laundering and tax evasion in the Cayman Islands for customers in several countries, including the U.S. The court ordered that "Dynadot shall immediately clear and remove all DNS-hosting records for the wikileaks.org domain name," according to court documents. It also said that Dynadot should prevent the domain name from resolving to the wikileaks.org Web site, or any other Web site or server other than a blank park page until further notice. A spokesman for the Julius Baer Group could not be reached for comment Monday. According to its Web site, the purpose of Wikileaks, founded in 2006, is to develop "an uncensorable system for untraceable mass document leaking and public analysis." Wikileaks has been plagued by controversy since its inception, coming under fire from institutions whose confidential documents have been posted on the site and from critics who have questioned the motives of the site's founders. Still, others have praised the site for supporting the free dissemination of information. Wikileaks posted a press statement on its site about the U.S. order, calling it "clearly unconstitutional" and said it "exceeds its jurisdiction."
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High Court to Consider Suppression Case
Breaking Legal News |
2008/02/19 09:09
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The Supreme Court agreed Tuesday to consider whether evidence must be suppressed when authorities base an arrest on incorrect information from police files. The Coffee County, Ala., sheriff's department took Bennie Dean Herring into custody after being told by another county he was wanted for failing to appear in court on a felony charge. In a subsequent search, the sheriff's department found methamphetamine in Herring's pockets and an unloaded gun under the front seat of his truck. It turned out that the warrant for Herring's arrest had been recalled five months earlier. Herring was sentenced to 27 months in prison after a jury convicted him on federal drug and gun charges. Courts have ruled that as a deterrent to police misconduct, the fruits of an unlawful search and seizure may be excluded from evidence. The 11th U.S. Circuit Court of Appeals in Atlanta said that suppressing evidence in Herring's case would be unlikely to deter sloppy record keeping. The cost of suppressing the evidence, the appeals court said, would fall on the county that arrested Herring, not on the county that was negligent in its record keeping. |
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Court Allows Montana Suit Vs. Wyoming
Law Center |
2008/02/19 09:09
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The Supreme Court on Tuesday allowed Montana to file a lawsuit against Wyoming over water rights in two rivers that flow through both states. Montana wants the court to rule that Wyoming is using too much water from the Tongue and Powder Rivers, while Montana residents are not getting enough water in some dry years. Disputes between states often are decided by the Supreme Court. The disagreement is over the Yellowstone River Compact, an agreement the states and North Dakota signed in 1950 spelling out how to share water. Montana argues the compact should require Wyoming to limit water use — including from groundwater pumping. Montana argues that coal-bed methane production in Wyoming, which requires pumping huge quantities of groundwater, makes the situation worse. Wyoming says in response that Montana has failed to show it has been harmed by Wyoming's water use, which is in line with the 1950 agreement. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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