On June 24, 2004, the Commission filed an insider trading case in the United States District Court for the Central District of California against J. Thomas Talbot (“Talbot”), a businessman in Orange County, California, and a former Director of Fidelity National Financial Inc. (“Fidelity”), a public company traded on the New York Stock Exchange. The […]

Washington, D.C., June 23, 2004 – LAWFUEL – The Securities and Exchange Commission today filed a complaint in federal court in Los Angeles charging Gemstar-TV Guide International, Inc. with improperly reporting its highly touted interactive program guide licensing and advertising revenues in its financial statements from 1999 through 2002. Gemstar agreed to settle the case

DEA’s Caribbean Initiative Culminates in the Arrests of Key Members of Cobos-Munoz and Maycock/Smith Drug Organizations WASHINGTON, D.C., June 23, 2004 – LAWFUEL – Attorney General John Ashcroft, DEA Administrator Karen Tandy and ONDCP Director John Walters today announced the indictment and arrest of Colombian drug trafficker Elias Cobos-Munoz, the reputed head of one of

Taiwan, 22 June 2004 – LAWFUEL – Baker & McKenzie recently advised Fubon on the first REIT in Taiwan with the launch estimated to occur in Mid August 2004. The REIT is structured with two office buildings and one service apartment with a value of NT$6 billion and will be listed on the Taiwan Stock

23 June 2004, – LAWFUEL – International law firm Allen & Overy advised joint lead managers Bank Austria Creditanstalt and UBS Investment Bank on the rights issue by Wienerberger AG. The rights consisted of a public offering in Austria, an offering to institutional investors outside Austria and the United States in reliance on Regulation S,

JUNE 23, 2004 1. Amendments to Short Sale Regulation – Regulation SHO The Securities and Exchange Commission will consider whether to adopt new Regulation SHO under the Securities Exchange Act of 1934. Regulation SHO, which would provide a new regulatory framework governing short selling of securities, would include the following. Rule 202(T), which would establish

23 June 2004, LONDON – LAWFUEL – Lovells has advised Sir David Barclay and Sir Frederick Barclay on their successful bid for The Telegraph Group, which includes The Daily Telegraph, The Sunday Telegraph and The Spectator. The transaction was signed on 22 June 2004. This brings to an end one of the most hotly contested

NEW YORK, June 23, 2004 – LAWFUEL – According to PricewaterhouseCoopers’ Dispute Analysis & Investigations Services, there has been a 25 percent increase in international arbitration cases in the last five years, a trend that PricewaterhouseCoopers anticipates will continue over the next decade, with a significant number of these cases occurring in South America. PricewaterhouseCoopers

PHOENIX, June 22, 2004 – LAWFUEL – iBIZ Technology Corp. (OTC Bulletin Board: IBZT), an innovative manufacturer and distributor of accessories for personal digital assistants (PDAs) and other handheld devices, announced today it filed a suit in Tel Aviv, Israel against Pangea Investments GmbH, Enterprise Capital AG, Enterprise Capital AG Israel Ltd., Mr. Sam (Shlomo)

June 23, 2004 – LAWFUEL – Deputy Secretary of Homeland Security James Loy called on the National Cargo Security Council (NCSC) to continue “to work together as partners” and maintain “unprecedented levels of vigilance” in the ongoing war against terrorism. Adm. Loy addressed attendees last week at the 2004 Annual Conference and Exhibition of NCSC,