Monday, May 24, 2010

Legal Press Release – Weekly Newsletter for May 17-24, 2010

Monday, May 24, 2010


US District Court Hears Cascal’s Application for Temporary Restraining Order and Preliminary Injunction to Block Sembcorp From Proceeding With Proposed Tender Offer

Sembcorp Agrees Not to Take Action on Tender Offer Until Scheduled Court Hearing on May 19, 2010

LONDON, May 13, 2010 – Cascal N.V. (NYSE: HOO) (The Company) announced today that yesterday
afternoon the United States District Court for the Southern District of New
York heard its application for a temporary restraining order and preliminary
injunction to block [...]

Shutterstock Supports Launch of Stockphotorights.com

Founding partnership in educational site reflects commitment to fair and legal image usage

NEW YORK, May 17, 2010 – Shutterstock announced today that it is a founding partner in
Stockphotorights.com, an educational resource for image buyers backed by
several major stock photo agencies.
(Logo: photos.prnewswire.com/prnh/20080910/NYW066LOGO )
Stockphotorights.com was created to educate [...]

WorldCompliance Launches Industry-first FCPA Compliance Product

WorldCompliance launched a tool enabling organizations to easily detect corrupt Foreign Officials within their business networks and to comply with the Foreign Corrupt Practices Act (FCPA).

MIAMI, May 19, 2010 – Within the last two months, The United States Securities and Exchange
Commission has sent letters to companies abroad to discover potential
violations of the FCPA. The [...]

RapidShare Also Scores Trail-blazing Victory in US

Application for Temporary Injunction Against Leading File-hosting Company Rejected

CHAM, Switzerland, May 20, 2010 – Yet another company has failed in its attempt to discredit and
have the business model of the leading global one-click-filehost, RapidShare
AG, declared illegal.
On 18 May 2010, a US District Court threw out an application
for a temporary injunction [...]

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