A Collaboration with the University of Pittsburgh
Legal news from Sunday, October 12, 2008
by Bernard Hibbitts

The US Federal Reserve Board Sunday approved a controversial merger between Wachovia bank and Wells Fargo that had prompted a legal challenge from jilted corporate suitor Citigroup. Encouraged by the Federal Deposit Insurance Corporation (FDIC), Citigroup agreed earlier this month to buy out Wachovia for $2.1 billion but was …

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by Bernard Hibbitts

A Kiev court Saturday blocked a decree by Ukrainian President Victor Yushchenko dissolving parliament and directing parliamentary elections in the wake of the collapse of the governing coalition. The Kiev District Court made the ruling against the elections in response to a lawsuit brought by Prime Minister Yulia Tymoshenko against Yushchenko and Ukraine's Central Election …

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