Wednesday, April 24, 2013
The US Securities and Exchange Commission is considering a new rule requiring publicly traded
companies to disclose their campaign contributions. There is a great deal of opposition to requiring corporations to disclose political spending. The rule proposal will be released by the end of April.
Wednesday, April 17, 2013
The US Supreme Court decided Kiobel v. Royal Dutch Shell.
The victims sued Royal Dutch in US court for crimes such as torture, killings,
rape and crimes against humanities. They sought access to US Courts under the Alien Tort
Claims Act. The Court held that the statute does not apply extra-territorially.
This is an extraoridnarily limiting decision. The full extent of its limitation is not yet known.