Allianz Global Investors, the fund management unit of Europe’s largest insurer Allianz SE, criticized investment banks for share sales it deemed “mishandled” and threatened to stop participating in so-called block sales, according to a letter obtained by Bloomberg News.
New Jersey Senate President Stephen Sweeney plans to block Governor Chris Christie’s choice of Anne Murray Patterson for the state Supreme Court, replacing John E. Wallace Jr., the court’s only black member.
Governor Chris Christie ’s decision not to reappoint New Jersey Supreme Court Justice John Wallace may force the state’s highest court to assign a temporary judge to fill a vacancy for the first time since the 1970s.
The New Jersey Supreme Court, already embroiled in a battle with Governor Chris Christie over its membership, heard arguments today on whether the governor unlawfully cut $1 billion in school aid during a budget crisis.
John Wallace’s 29-yard field goal with less than two minutes remaining gave the University of Louisville a 20-17 win against Rutgers University and a probable Bowl Championship Series bid, the Cardinals’ first since 2007.
New Jersey Supreme Court Justice Roberto Rivera-Soto , who said he wouldn’t render any rulings amid a standoff over an empty seat on the court, decided not to seek reappointment when his term expires in September.
More than 100 bankers claim Commerzbank AG broke a pledge by Dresdner Bank, which it bought in 2009, to set aside about $516 million for bonuses and are asking a U.K. court this week to order that they be paid.