Washington, D.C., March 6, 2009 (LAWFUEL) – The Securities and Exchange Commission today took action to help improve transparency in the multi-trillion dollar credit default swap market by approving conditional exemptions that will allow ICE US Trust LLC to operate as a central counterparty for clearing credit default swaps. “It is critical that we bring […]

March 6, 2009 (by Otto Smyth) According to reports sixteen passengers from a Celebrity Cruise ship were injured when a excursion bus ran off the road. The passengers were on the Celebrity Summit and were taken to a local Dominica Republic hospital where 11 of the passengers were admitted overnight. While they were kept overnight

LAWFUEL.COM – US Legal Announcements Daily – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced today that the Weill Medical College of Cornell University (“Weill Medical College”) has agreed to pay $2,606,751 to resolve civil charges that Weill Medical College defrauded the Government in connection with federal

LAWFUEL.COM – Legal Newswire – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that ARTUR SOLOMONYAN, 30, the leader of an international arms trafficking operation, was sentenced today to 22 years in prison for plotting to smuggle shoulder-fired surface-to-air missiles (“SAMs”), rocket-propelled grenades (“RPGs”), anti-tank guided missiles,

SANTA ANA, Calif., March 6 LAWFUEL.COM – The Legal Newswire Service — A former inmate in a California state prison who formed a domestic terrorist group that planned to attack United States military operations, “infidels,” and Israeli and Jewish facilities in the Los Angeles area was sentenced this morning to 16 years in federal prison.

LawFuel.com – Legal Newswire – March 6, 2009 Simpson Thacher corporate partner Alan Klein, as co-chair of the Innovations Committee of the Citizens Budget Commission , together with co-chair Walter Harris, presented the Commission’s annual Prize for Public Service Innovation on March 3, 2009 at the Commission’s annual dinner to Mayor Michael Bloomberg and New

Washington, D.C., March 6, 2009 (LAWFUEL) – The Securities and Exchange Commission announced today that Mark D. Cahn has been named a Deputy General Counsel in the SEC’s Office of the General Counsel, and he will join the agency staff next week. Mr. Cahn comes to the SEC from the Washington office of WilmerHale LLP,

Washington, D.C., March 6, 2009 (LAWFUEL) – The Securities and Exchange Commission announced today that Jeffrey P. Singdahlsen has been named the Associate General Counsel for Legal Policy in the agency’s Office of the General Counsel. Mr. Singdahlsen has rejoined the SEC staff after serving in a variety of positions in the Department of Justice,

Washington, D.C., March 6, 2009 (LAWFUEL) – The Securities and Exchange Commission will hold a roundtable on April 15 relating to its oversight of credit rating agencies. Discussion topics will include issues related to recent SEC rulemaking initiatives, such as conflicts of interest, competition, and transparency. In the fall of 2006, Congress passed the Credit

WASHINGTON (LAWFUEL) — Taxpayers are filing earlier and receiving larger refunds so far this year, according to early filing season statistics released today by the Internal Revenue Service. As of Feb. 27, 2009, the IRS had received 56 million individual tax returns, a slight increase over the previous year. And, the average individual refund was