Professors Call for Saudi Appraisal Rights Along with Other Companies Act Reforms

We have previously covered (thanks to a guest post) that Saudi Arabia does not have appraisal rights, though its Companies Law provides for a number of other shareholder rights. Is it time for a change?

Professors Alhasani and Hassan of Prince Sultan University say “yes.” In a comprehensive paper in the International Journal for Scientific Research, the two professors call for the Saudi Companies Law to add explicit appraisal rights, along with a number of other suggested changes. Get the … Read the rest

Government counters call to halt consideration of race in U.S. Military Academy admissions

Government counters call to halt consideration of race in U.S. Military Academy admissions

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The U.S. Military Academy on Tuesday urged the Supreme Court to stay out of a dispute over the use of race in the school’s admissions policy. Telling the justices that a group of students opposed to the consideration of race in college admissions was seeking to block “policies that military leaders have long deemed essential to ensuring the effectiveness of the Nation’s military,” the academy asked the court to turn down the group’s request for an order that would … Read the rest

Republicans call ethics hearing a double-standard; Democrats call for a standard

Republicans call ethics hearing a double-standard; Democrats call for a standard

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On the same day that Congress approved legislation to improve the justices’ financial disclosure transparency, a House panel was caught up in a political scuffle over legislative proposals for broader Supreme Court reform, including a binding code of ethics.

At the hearing on Wednesday, Democrats on the House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet raised concerns over apparent ethical lapses by the justices and the court’s legitimacy. Chair Hank Johnson, D-Ga., opened by pointing to the … Read the rest