Legal Press Release – Weekly Newsletter for March 22-29, 2010
Monday, March 29, 2010
Law Firms Sharpen Up as Recession Cuts Legal Sector to Size
LONDON, March 22, 2010 -
– Recession accelerates change in legal sector by 10 years
– Inefficient sector now puts value and efficiency first
– Hourly rate billing gives way to value billing
– Clients hold power in legal supply relationships
[...]
A Global Standard for Compliance and Ethics Programs? Analysis of OECD Anti-Corruption Recommendations Suggests Legal Harmony May Yet Come. Companies Need to Begin Preparing.
MINNEAPOLIS, March 24, 2010 – Companies may not be aware of it yet, but they should implement strict
internal controls as well as institute ethics and compliance programs to help
fight against bribery in international business deals. Beginning in March
2010, the Organization for Economic Cooperation and Development (OECD)
Working Group on Bribery, which is made up of [...]
TrendChip Technologies Supports Billion Electric in Patent Litigation Against Lantiq
HSINCHU, Taiwan, March 24, 2010 – xDSL CPE chipset leader TrendChip Technologies released an official
statement on March 23 to state that it totally disagrees with the
infringement complaint filed by Lantiq in Germany against Billion Electric
for the alleged infringement of its patent rights by using TrendChip's
chipset, and it will fully assist Billion Electric in fighting [...]
A Global Standard for Compliance and Ethics Programs? Analysis of OECD Anti-Corruption Recommendations Suggests Legal Harmony May Yet Come. Companies Need to Begin Preparing.
MINNEAPOLIS, March 24, 2010 – Companies may not be aware of it yet, but they should implement strict
internal controls as well as institute ethics and compliance programs to help
fight against bribery in international business deals. Beginning in March
2010, the Organization for Economic Cooperation and Development (OECD)
Working Group on Bribery, which is made up of [...]
TrendChip Technologies Supports Billion Electric in Patent Litigation Against Lantiq
HSINCHU, Taiwan, March 24, 2010 – xDSL CPE chipset leader TrendChip Technologies released an official
statement on March 23 to state that it totally disagrees with the
infringement complaint filed by Lantiq in Germany against Billion Electric
for the alleged infringement of its patent rights by using TrendChip's
chipset, and it will fully assist Billion Electric in fighting [...]
Law Firms Sharpen Up as Recession Cuts Legal Sector to Size
LONDON, March 22, 2010 -
– Recession accelerates change in legal sector by 10 years
– Inefficient sector now puts value and efficiency first
– Hourly rate billing gives way to value billing
– Clients hold power in legal supply relationships
[...]
QVT Financial Files Lawsuits Against Galatasaray Sportif and Its Board of Directors to Prevent Coercive Tender by Galatasaray Futbol and Subsequent Merger
ISTANBUL, LONDON and NEW YORK, March 18, 2010 – — Petitions Turkish Regulator to Suspend Coercive Tender Offer and
Protect Minority Shareholders –
QVT Financial LP ("QVT") announced today that QVT Fund LP, its flagship
fund, has filed petitions for an injunction against Galatasaray Sportif Sinai
ve Ticari Yatirimlar A.S. ("Sportif"), as well as [...]
Tullett Prebon Wins Unlawful Conspiracy Claim Against BGC, Shaun Lynn and Tony Verrier
Tullett Prebon plc v BGC Brokers LP and BGC Brokers GP Limited ("BGC"), Anthony Neil Verrier ("Tony Verrier"), Shaun Carl Edgar Lynn ("Shaun Lynn"), and others.
LONDON, NEW YORK, HONG KONG and SINGAPORE, March 18, 2010 -
– Mr Justice Jack held that:
– There was a conspiracy between [...]
Greenberg Traurig Maher Advises on US$330 Million Sale of ApaTech Limited to Baxter International
LONDON, March 18, 2010 – Greenberg Traurig Maher LLP represented the private equity sellers and
senior management of ApaTech Limited, a private equity-backed, UK-based
orthobiologic products company, in its sale to global health care company
Baxter International Inc. The transaction closed on 12 March and, as a
result, Baxter acquired all of the outstanding equity of ApaTech for [...]
Everseal Mailers Ltd’s Sister Company Compulsorily Wound-Up
LONDON, March 18, 2010 – Everseal Mailers Ltd's sister company Evrite Ltd was compulsorily
wound-up in the High Court on 17th March 2010 as a result of its failure to
pay a GBP 25,000 debt owed to the supplier of Everseal Mailers' tape seal
product. Evrite had imported this product on behalf of Everseal Mailers Ltd.
[...]
Europe’s Highest Court Rules Roma School Segregation by Language Illegal
BUDAPEST, Hungary, NEW YORK, STRASBOURG, France and ZAGREB, Croatia, March 16, 2010 – The Grand Chamber of the European Court of Human Rights held today in the
case Orsus and Others v. Croatia that the segregation of Romani children into
separate classes based on language is unlawful discrimination, violating the
European Convention on Human Rights.
[...]
Statement Regarding Eugene Gourevitch in Light of Italy Tax Scandal
There Follows a Statement From Marc A. Agnifilo With Regards to his Client Mr. Eugene Gourevitch:
LONDON, March 16, 2010 – I, along with Italian counsel based in Rome, represent Eugene Gourevitch
in connection with a pending investigation of tax evasion and related
offenses being conducted by authorities in Rome. Upon hearing of this
investigation, Mr. Gourevitch, a [...]
Gibson Dunn Adds Antitrust Partner Andres Font Galarza in Brussels
BRUSSELS, March 12, 2010 – Gibson, Dunn & Crutcher LLP is pleased to announce that Andres Font
Galarza has joined the firm as a partner in the Brussels office. Galarza, a
former senior official in the European Commission's Directorate General for
Competition who joins the firm from Mayer Brown, is particularly known for
his merger expertise and his [...]
Unite Statement on BA Dispute
LONDON, March 12, 2010 – Unite Assistant General Secretary and lead negotiator with British
Airways Len McCluskey said today (Friday):
"The talks we have been conducting with British Airways over the entire
course of this year reached a conclusion this week.
"Regrettably, management turned down a remarkable offer from the [...]
Unite Comment on Trial Today of BA Cabin Crew Strikebreaker
LONDON, March 11, 2010 – Commenting on the court appearance of a BA employee alleged to be
involved in a terror plot, and who had volunteered to work as cabin crew in
the event of any strike, Len McCluskey, assistant general secretary said:
"Today's charges illustrate absolutely the serious dangers of recruiting
a strike-breaking [...]
Appeals Court (Again) Affirms i4i Victory
TORONTO, March 10, 2010 – Today, a panel for the United States Court of Appeals for the Federal
Circuit issued a revised opinion in i4i v. Microsoft which affirms the August
11, 2009 Final Judgment by The Honorable Judge Leonard Davis that ruled in
favor of i4i and found that Microsoft had wilfully infringed i4i's U.S.
Patent No. [...]
Dmatek Changes its Name to Attenti
TEL AVIV, Israel, March 9, 2010 – Attenti ("The Company"), launches today as one of the largest
and fastest growing providers of remote people monitoring solutions globally.
(Logo: www.newscom.com/cgi-bin/prnh/20100309/381942 )
Attenti, formerly known as Dmatek, provides the technology to
monitor over 50,000 individuals daily around the globe, in the [...]
Chinmax Defends its Distribution Rights to Biosite Triage Products, Filing Suit in China against Subsidiary of Inverness Medical Innovations
SHANGHAI, March 8, 2010 – On January 28, 2010, Chinmax Medical Systems, Inc., a leading distributor
of clinical diagnostics in China, filed a civil complaint in the People's
Court of Yangpu District, Shanghai against Inverness Medical Beijing Co.
Ltd., a subsidiary of Inverness Medical Innovations, Inc. (NYSE: IMA).
According to the complaint, Chinmax is [...]
FONDATION FRANZ WEBER: Trial Against the Slaughter of Whales and Dolphins – The United Animal Nations Demand Immediate Stop of Whaling and Dolphin Killing
MONTREUX, Switzerland, March 8, 2010 – Indication: The verdict can be downloaded free of charge under:
www.presseportal.ch/de/pm/100019151/?langid=2
The United Animal Nations (UAN) is not going to rest with the Geneva
International Court of Justice for Animal Rights' sentence of February 22,
2010. Today, its secretary general, Franz Weber, delivered the verdict to the
guilty fisheries [...]
MoneySolve Warns Consumers Against Illegal Lenders
MANCHESTER, England, March 8, 2010 – Debt advice specialists at MoneySolve have set out to warn consumers
about the dangers of borrowing money from loan sharks.
An estimated 100,000 families borrowed money over the festive season
alone from unlicensed lenders and MoneySolve's experts believe most are
driven to illegal lenders by desperation, noting that:
[...]
District Court Upholds FDA’s Grant of 5-Year Market Exclusivity to VYVANSE(R)
PHILADELPHIA, March 4, 2010 – Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty
biopharmaceutical company, announces that the United States District Court
for the District of Columbia ("Court"), following extensive briefing by the
parties and an oral hearing, has upheld the decision of the U.S. Food and
Drug Administration ("FDA") to grant 5-year New Chemical Entity ("NCE")
exclusivity [...]
Statement from Cipriani Family
Cipriani (Grosvenor Street) Ltd. Files for Administration in the UK to Protect Assets; Service Will Continue as Usual at the Renowned London Restaurant
NEW YORK, March 2, 2010 – Cipriani (Grosvenor Street) Ltd., a successful enterprise free of any
debt outside the liabilities resulting from the Orient-Express Hotel
litigation, is filing for administration to protect its assets. [...]
/C O R R E C T I O N – Orient Express Hotels Ltd/
LONDON, March 2, 2010 – In the news release, "Hotel Cipriani SRL and Cipriani (Grosvenor Street)
Ltd" issued on 2 Mar 2010 19:46 GMT, by Orient Express Hotels Ltd NYSE:OEH
over PR Newswire, we are advised by a representative of the company that
the first paragraph, should read – Hotel Cipriani (part of Orient-Express
Hotels Ltd (NYSE:OEH, htttp://www.orient-express.com)) [...]