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South Korean court sentences Samsung heir to 5 years prison
Headline News |
2017/08/25 00:17
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A South Korean court sentenced the billionaire chief of Samsung to five years in prison for crimes that helped topple the country’s president, a stunning downfall that could freeze up decision making at a global electronics powerhouse long run like a monarchy.
The Seoul Central District Court said Friday that Lee Jae-yong, 49, was guilty of offering bribes to Park Geun-hye when she was South Korea’s president, and to Park’s close friend, to get government support for efforts to cement his control over the Samsung empire. The revelations that led to Lee’s arrest in February fed public outrage which contributed to Park’s removal.
A panel of three judges also found Lee guilty of embezzling Samsung funds, hiding assets overseas, concealing profit from criminal acts and perjury. Prosecutors had sought a 12-year prison term.
The court said Lee and Samsung executives who advised him caused “a big negative effect” to South Korean society and its economy.
“The essence of the case is unethical collusion between political power and capital,” the court said in a statement. It led the public to fundamentally question the public nature of the president’s work and to have “mistrust in the morality of the Samsung group,” it said.
The families who control South Korea’s big conglomerates, known as chaebol, were lionized a generation ago for helping to turn South Korea into a manufacturing powerhouse put public tolerance for double standards that put them above the law has been rapidly diminishing.
Analysts said the verdict will not immediately have an impact on Samsung’s business operations, which are overseen by three chief executives. The company has successfully weathered past crises that include two recalls of Galaxy Note 7 smartphones prone to catch fire and Lee’s arrest. It is set to report its highest-ever earnings this year.
But long-term business decisions, such as finding future growth areas and identifying companies for acquisitions, may have to be put on hold.
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Kentucky governor, attorney general clash before high court
Headline News |
2017/08/17 08:48
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Kentucky's Democratic attorney general warned the state's highest court on Friday that the accreditation of the state's public colleges and universities would be at risk if they don't take his side against the Republican governor.
But an attorney for Republican Gov. Matt Bevin called Andy Beshear's argument "poppycock." He told the justices they should dismiss Beshear's lawsuit and vacate a lower court's judgment that the governor broke the law when he abolished the University of Louisville's board and replaced its trustees with an executive order last year.
What was supposed to have been a 30-minute hearing stretched more than an hour in a courtroom packed with political aides from both parties as two of Kentucky's top politicians faced off before the Supreme Court for the second time in a year.
Ultimately, Bevin got his wish for a new board at the university after the legislature convened and the Republican majority approved his choices under a new law. That's why a ruling from the Kentucky Supreme Court in this case likely won't affect the new board.
But Beshear is asking the court to declare Bevin's original order illegal and to prevent him from doing it again. If he's successful, it would be his second legal victory against Bevin and would be likely fodder for a potential campaign for governor in 2019.
If Bevin wins, it would bolster the governor's argument that Beshear has wasted time filing frivolous lawsuits against him.
Bevin replaced the board because he said the university needed a "fresh start" after a series of scandals and because the board violated state law by not having proportionate representation of racial minorities and political parties.
In issuing his executive order, Bevin relied on a state law, KRS 12.028 , that lets the governor make temporary changes when the legislature is not in session. The legislature then reviews those changes when they reconvene. If they don't act on them, the changes expire.
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Supreme Court Justice Sotomayor to speak in Tuscaloosa
Headline News |
2017/08/16 08:48
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U.S. Supreme Court Associate Justice Sonia Sotomayor will speak at the University of Alabama law school next month.
Sotomayor will participate in a discussion with dean Mark Brandon and U.S. District Judge Harold Albritton III on Sept. 12. Brandon says in a statement the school is honored to have her.
Former President Barack Obama appointed Sotomayor to the court in 2009. The New York native served on federal district and circuit courts before that.
Alabama isn’t an Ivy League university, but it has had a lot of success in luring Supreme Court justices to speak at its law school. Eleven justices have spoken in Tuscaloosa since a lecture series began in 1996. |
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German court sends ECB challenge to European court
Headline News |
2017/08/14 10:42
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Germany's top court has declined to hear a series of challenges to the European Central Bank's bond-buying stimulus program, referring them instead to the European Court of Justice.
The dpa news agency reports Tuesday that those against the program claimed it constituted illegal budget financing and that Germany's central bank should not be participating.
The Federal Constitutional Court ruled that because the challenge was about European Union regulations, it was up to the European court to decide.
The ECB's 2.28 trillion euro ($2.7 trillion) bond-purchasing program is only due to run through 2017, raising the question of whether the case can be heard before the program has already ended.
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Court raises chances of diesel bans in German city
Headline News |
2017/07/29 10:41
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A court opened the door on Friday for possible bans on older diesel cars in the German city of Stuttgart, a major auto industry center, upholding a complaint by an environmental group.
The city's administrative court ordered the state government in Baden-Wuerttemberg to rework a plan to improve the air quality in Stuttgart, saying that it wouldn't bring improvements sufficiently fast, news agency dpa reported.
The state has been trying to avoid unpopular bans on diesel cars thanks to automakers' pledges to retrofit vehicles. But judge Wolfgang Kern said that a year-round ban would the most effective way of keeping to permitted nitrogen dioxide levels, which Stuttgart often exceeds.
The Environmental Action Germany group challenged a clean air plan for Stuttgart that is due to take effect in January.
Friday's ruling leaves open whether, when and how diesel models might be banned. But it increases pressure on German politicians at a time when diesel is under intense scrutiny.
The industry is currently looking for a way out of persistent troubles over excessive diesel emissions, and the government is hosting a meeting with auto bosses next week to discuss ways to reduce them. |
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Court: Violence law unfair to gay South Carolina couples
Headline News |
2017/07/23 10:41
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People in same-sex relationships in South Carolina should get the same legal protections against domestic violence as heterosexual couples, the state's highest court ruled Wednesday, deeming a portion of the state's domestic violence law unconstitutional.
The court was asked to weigh in after a woman tried to get a protective order against her former fiancée, also a woman, and was denied.
Current law defines "household members" as a spouse, former spouse, people with a child in common, or men and women who are or have lived together. It does not include unmarried same-sex couples.
Acting Justice Costa Pleicones, who wrote the majority opinion, said during oral arguments in March 2016 that he felt the law was "pretty clearly unconstitutional in its discriminatory impact upon same-sex couples."
In his opinion, Pleicones pointed out lawmakers have over the years addressed the definition of "household members" as covered under domestic violence protections in 1994, amending the language from "persons" living together to "male and female." In 2015, during a massive overhaul of South Carolina's criminal domestic violence law, legislators made changes including increasing penalties for offenders but left the gender-based definition intact.
The U.S. Constitution's Equal Protection Clause, the court wrote, states, "No state shall ... deny any person within its jurisdiction the equal protection of the laws," such as a benefit offered to one class of person but not others.
"In this case, we cannot find a reasonable basis for providing protection to one set of domestic violence victims - unmarried, cohabiting or formerly cohabiting, opposite-sex couples - while denying it to others," the court wrote.
Other states have addressed this issue since the U.S. Supreme Court's 2015 decision legalizing gay marriage nationwide. The Ohio Supreme Court in 2016 adopted the use of gender-neutral references in family court cases. California and Massachusetts proactively changed language in their laws. |
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