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The United States is not among the 78 countries subject to the new International Criminal Court, but the first prosecutor tapped for the court has spent a lot of time in the United States recently. Luis Moreno Ocampo, 50, is currently a visiting professor of Latin American studies at Harvard University and previously taught at Stanford University. But the Buenos Aires-based attorney’s credentials for the post come from his days as a prosecutor of Argentine military figures for human rights violations during the “dirty war” in the 1980s. Moreno Ocampo has worked on anti-corruption issues for the World Bank and the United Nations and in several Latin American countries. He starts his new job in June. … Chicago-based U.S. Bankruptcy Judge John Squires crowned U.S. Steel Corp. the winner in a bid for rival National Steel Corp. The deal he approved is worth $1.05 billion, about $850 million in cash and $200 million in debt. U.S. Steel beat out a higher bid by securing a labor agreement with the steelworkers union. … The U.S. Supreme Court brings an end to far more cases by rejecting appeals than by ruling on them, as the City of San Diego and AOL Time Warner learned the hard way on Monday. The Court declined to review a First Amendment case where a lower court had found San Diego was wrong to sell, for $106,000, a 43-foot cross and surrounding public land for a private memorial. The Supreme Court also opted not to disturb a $450 million verdict, including $257 million in punitive damages, against Time-Warner Entertainment Co. In 1998 a jury had found the company should pay $197 million in compensatory damages and $257 million in punitives for purposely mismanaging the amusement park Six Flags Over Georgia so the company could buy it on the cheap. The cert denial comes two weeks after the Supreme Court set limits on the size of punitive damages. – From the editors of American Lawyer Media Related links: Buenos Aires Lawyer Elected ICC Prosecutor U.S. Steel Receives Bankruptcy Court Approval for Purchase of National Steel Assets Supreme Court Turns Back Six Flags Appeal

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