Legal Press Release – Monthly Newsletter July 2010
Thursday, July 1, 2010
L-Attorney: Former PetroCapital Resources PLC Chairman Sued by Company Shareholder
VADUZ, Liechtenstein, May 31, 2010 – In the continuing story concerning the board room dispute at PetroCapital
Resources Plc, which has resulted in the resignation of the founder and most
of the board of that company, a notification to the PLUS market regulators
and a delisting of the shares of the company, a High Court claim was [...]
KluwerPatentLaw.com: New Premier Research Solution for IP Professionals
ALPHEN AAN DEN RIJN, Netherlands, June 1, 2010 – Professionals practicing patent law in Europe now have a one-stop
resource for their research needs. KluwerPatentLaw.com
(www.kluwerpatentlaw.com) from Kluwer Law International offers
authoritative analysis, case law, news and legislation combined with powerful
tools enabling patent attorneys and lawyers operating in Europe to easily
access premier information while dramatically cutting their [...]
Starhome Files Patent Infringement Lawsuit
ZURICH, June 2, 2010 – Starhome(R), the leading provider and acknowledged driving
force of roaming services for mobile network operators, today announced that
it has filed a patent infringement lawsuit against Roamware, Inc., AT&T
Mobility LLC and T-Mobile USA, Inc., in the United States District Court for
the District of Delaware.
Starhome's Complaint alleges infringement [...]
CPA Global’s State of the IP Industry Survey 2010
Intellectual Property Neglected as Organisations Continue to cut Legal Spend
ST HELIER, Jersey, June 2, 2010 -
– Concern over IP assets as budgets are cut
– But cost reductions have helped to streamline practices and processes
– Europe cited as a problem area for difficulties [...]
Fried Frank Expands Litigation Practice into the UK
Nick Cherryman and James Kitching to Join Fried Frank as Partners in London
LONDON, June 3, 2010 – Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Nick
Cherryman and James Kitching are joining the Firm's litigation practice as
partners based in the Firm's London office. These significant hires highlight
the expansion of the Firm's established litigation, [...]
Cascal N.V. Files in Dutch Court
Applies for Immediate Relief to Protect Interest of Minority Shareholders
LONDON, June 3, 2010 – Cascal N.V. (NYSE: HOO) (The Company) announced that it filed an
application with the Court of Appeals Amsterdam Enterprise Chamber (the
"Court") on June 2, 2010 requesting that the Court grant preliminary relief
in order to protect the interest of its minority shareholders. [...]
BP Shareholders File Lawsuit Over Gulf Oil Spill
Safety lapses, accidents and disasters not new to company, complaint says
NEW YORK, June 10, 2010 – Citing the company's history of safety lapses, cost cutting, and
workplace disasters, shareholders who purchased stock in BP have filed a
class-action lawsuit based on claims that the company mislead investors prior
to the Deepwater Horizon oil spill in the Gulf [...]
Amsterdam & Peroff: “Thailand Lacks Creditability to Investigate Bangkok Killings”
PARIS, June 10, 2010 – The panel established by the Thai authorities to investigate the violence
against protestors in Bangkok over the period March to May lacks impartiality
and independence, according to Robert Amsterdam of law firm Amsterdam &
Peroff, legal advisors to the United Front for Democracy against Dictatorship.
During meetings in Paris, [...]
TRACE Releases First Summary of Global Anti-Bribery Activity
Global Enforcement Report 2010 Is First of Planned Annual Releases
WASHINGTON, June 10, 2010 – The good news is enforcement of international anti-bribery laws is
increasing. The bad news is many countries have yet to leave the anti-bribery
enforcement starting line.
TRACE International released its first-ever summary of worldwide
anti-bribery activity today, and it is [...]
EU Law Says the EU Countries Must Vote to Protect Whales and Uphold the IWC Ban on Commercial Whaling
LONDON, June 10, 2010 – On Friday the 11th June, Environmental Ministers of EU-Member States meet
to discuss whether they can finally reach a common position over a highly
controversial proposal by the Chair of the International Whaling Commission
(IWC) which will be discussed and decided upon at the annual IWC Meeting that
takes place between the 21st [...]
Essilor to Appeal Against the BKA’s Decision on Anti-Cartel Rules
CHARENTON-LE-PONT, France, June 10, 2010 – Essilor was notified today by Germany's antitrust authority,
the BundesKartellAmt (BKA), that it was being fined for allegedly creating a
cartel with several optical retail store suppliers operating in the German
market. The fine levied on Essilor's two German subsidiaries, Essilor GmbH
and Rupp + Hubrach Optik GmbH, amounts to EUR50 million.
[...]
Magna Responds to OSC Notice of Hearing, Believes Shareholders Should be Permitted to Decide the Outcome of Proposed Transaction
AURORA, Canada, June 16, 2010 – Magna International Inc. (TSX: MG.A, NYSE: MGA) today responded to the
Ontario Securities Commission's June 15, 2010 announcement that it will
convene a hearing to determine whether it is in the public interest to
prevent Magna's proposed transaction to eliminate the company's dual class
share structure from proceeding. The hearing is scheduled [...]
Bavaria Fully Supports Arrested Dutch Women
LIESHOUT, The Netherlands, June 16, 2010 – Because Bavaria is unable to respond to all the questions from
the press on this issue, it would like to react with a written statement
concerning the arrest of two Dutch women this morning. Unfortunately, Bavaria
has been drawn into the furore surrounding the arrest of the two ladies, who
were [...]
Gammon Gold Announces Shutdown of the El Cubo Operations
HALIFAX, Canada, June 17, 2010 – Gammon Gold Inc. ("Gammon") (TSX:GAM and
NYSE:GRS): Gammon Gold announced today that due to continued illegal labour
disruptions at its El Cubo operation as well as the untenable financial
demands made by the union workforce, as reported on June 3, 2010, it has
terminated 397 union workers as of June 16, 2010 [...]
Gammon Gold Announces Shutdown of the El Cubo Operations
HALIFAX, Canada, June 17, 2010 – Gammon Gold Inc. ("Gammon") (TSX:GAM and
NYSE:GRS): Gammon Gold announced today that due to continued illegal labour
disruptions at its El Cubo operation as well as the untenable financial
demands made by the union workforce, as reported on June 3, 2010, it has
terminated 397 union workers as of June 16, 2010 [...]
L-attorney Files Formal Complaint With UK F.S.A Against Petrocapital Resources PLC
VADUZ, Liechtenstein, June 17, 2010 – L-attorney acting for a substantial shareholder group of the
oil and gas investment Firm Petrocapital Resources PLC, has filed an
exhaustive complaint with the F.S.A. in the UK today. The complaint is
primarily directed against Petrocapital's former and current directors
alleging potential misuse of company (investor) funds, breach of duty and
dissemination of [...]
Magna Responds to OSC Notice of Hearing, Believes Shareholders Should be Permitted to Decide the Outcome of Proposed Transaction
AURORA, Canada, June 16, 2010 – Magna International Inc. (TSX: MG.A, NYSE: MGA) today responded to the
Ontario Securities Commission's June 15, 2010 announcement that it will
convene a hearing to determine whether it is in the public interest to
prevent Magna's proposed transaction to eliminate the company's dual class
share structure from proceeding. The hearing is scheduled [...]
Bavaria Fully Supports Arrested Dutch Women
LIESHOUT, The Netherlands, June 16, 2010 – Because Bavaria is unable to respond to all the questions from
the press on this issue, it would like to react with a written statement
concerning the arrest of two Dutch women this morning. Unfortunately, Bavaria
has been drawn into the furore surrounding the arrest of the two ladies, who
were [...]
BP Shareholders File Lawsuit Over Gulf Oil Spill
Safety lapses, accidents and disasters not new to company, complaint says
NEW YORK, June 10, 2010 – Citing the company's history of safety lapses, cost cutting, and
workplace disasters, shareholders who purchased stock in BP have filed a
class-action lawsuit based on claims that the company mislead investors prior
to the Deepwater Horizon oil spill in the Gulf [...]
Amsterdam & Peroff: “Thailand Lacks Creditability to Investigate Bangkok Killings”
PARIS, June 10, 2010 – The panel established by the Thai authorities to investigate the violence
against protestors in Bangkok over the period March to May lacks impartiality
and independence, according to Robert Amsterdam of law firm Amsterdam &
Peroff, legal advisors to the United Front for Democracy against Dictatorship.
During meetings in Paris, [...]
TRACE Releases First Summary of Global Anti-Bribery Activity
Global Enforcement Report 2010 Is First of Planned Annual Releases
WASHINGTON, June 10, 2010 – The good news is enforcement of international anti-bribery laws is
increasing. The bad news is many countries have yet to leave the anti-bribery
enforcement starting line.
TRACE International released its first-ever summary of worldwide
anti-bribery activity today, and it is [...]
EU Law Says the EU Countries Must Vote to Protect Whales and Uphold the IWC Ban on Commercial Whaling
LONDON, June 10, 2010 – On Friday the 11th June, Environmental Ministers of EU-Member States meet
to discuss whether they can finally reach a common position over a highly
controversial proposal by the Chair of the International Whaling Commission
(IWC) which will be discussed and decided upon at the annual IWC Meeting that
takes place between the 21st [...]
Essilor to Appeal Against the BKA’s Decision on Anti-Cartel Rules
CHARENTON-LE-PONT, France, June 10, 2010 – Essilor was notified today by Germany's antitrust authority,
the BundesKartellAmt (BKA), that it was being fined for allegedly creating a
cartel with several optical retail store suppliers operating in the German
market. The fine levied on Essilor's two German subsidiaries, Essilor GmbH
and Rupp + Hubrach Optik GmbH, amounts to EUR50 million.
[...]
ACAMS AML/CTF Conference Returns to Europe with Record-Breaking Numbers
AML experts, regulators and government officials representing over 40 countries gather in Amsterdam to combat financial crime
AMSTERDAM, June 10, 2010 – More than 300 AML/CTF professionals from some 40 countries attended the
6th Annual AML/CTF Conference, Europe (www.amleurope.org) hosted by
the Association of Certified Anti-Money Laundering Specialists (ACAMS) this
week in Amsterdam, The Netherlands. Event organisers confirm [...]
SNR Denton Combination Unanimously Approved
US-based Sonnenschein Nath & Rosenthal and UK-based Denton Wilde Sapte partnerships vote to combine and create an elite client- and quality-focused firm
NEW YORK and LONDON, June 9, 2010 – The partnerships of Sonnenschein Nath & Rosenthal LLP (SNR) and Denton
Wilde Sapte LLP (Denton) today voted in favor of combining to form SNR
Denton. Launching on [...]
QVT Applauds Court Decision Against InterOil
Is Concerned with Conditional Agreement between InterOil and West Face
OSLO, Norway, June 8, 2010 – In response to the recent Asker and Baerum court decision against
InterOil Exploration and Production ASA and in favor of Norsk Tillitsmann,
QVT Financial LP issued the following statement:
QVT Financial LP ("QVT") is extremely satisfied with the [...]
Statement From Martin Coward, Co-founder and Former Director of IKOS
LONDON, June 4, 2010 – Martin Coward, Co-founder and former Director of IKOS, today issued the
following statement regarding his resignation from the company:
"Since my departure from IKOS in December 2009 I have refrained from
commenting in detail either to my former clients or to the media. Last week,
however, an open court [...]
Fried Frank Expands Litigation Practice into the UK
Nick Cherryman and James Kitching to Join Fried Frank as Partners in London
LONDON, June 3, 2010 – Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Nick
Cherryman and James Kitching are joining the Firm's litigation practice as
partners based in the Firm's London office. These significant hires highlight
the expansion of the Firm's established litigation, [...]
INTUNIV(TM) – Shire Files Suit Against Anchen Pharmaceuticals, Inc. and Anchen, Inc.
DUBLIN and PHILADELPHIA, June 3, 2010 – Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty
biopharmaceutical company, announces that its subsidiary Shire LLC has filed
a lawsuit in the U.S. District Court for the District of Delaware against
Anchen Pharmaceuticals, Inc. and Anchen, Inc. (collectively "Anchen") for the
infringement of U.S. Patent Nos. 5,854,290 (the '290 patent), [...]
Cascal N.V. Files in Dutch Court
Applies for Immediate Relief to Protect Interest of Minority Shareholders
LONDON, June 3, 2010 – Cascal N.V. (NYSE: HOO) (The Company) announced that it filed an
application with the Court of Appeals Amsterdam Enterprise Chamber (the
"Court") on June 2, 2010 requesting that the Court grant preliminary relief
in order to protect the interest of its minority shareholders. [...]
Cadwalader Broadens Reach in China by Adding Prominent Partner
Leading Corporate and Financial Law Practitioner Rocky T. Lee Joins Beijing Office
NEW YORK, June 3, 2010 – Cadwalader, Wickersham & Taft LLP, one of the world's most prominent law
firms, has significantly broadened its reach in China with the addition of
Rocky Lee, a lawyer widely recognized as among Asia's top private equity and
venture capital advisors.
[...]
Starhome Files Patent Infringement Lawsuit
ZURICH, June 2, 2010 – Starhome(R), the leading provider and acknowledged driving
force of roaming services for mobile network operators, today announced that
it has filed a patent infringement lawsuit against Roamware, Inc., AT&T
Mobility LLC and T-Mobile USA, Inc., in the United States District Court for
the District of Delaware.
Starhome's Complaint alleges infringement [...]
CPA Global’s State of the IP Industry Survey 2010
Intellectual Property Neglected as Organisations Continue to cut Legal Spend
ST HELIER, Jersey, June 2, 2010 -
– Concern over IP assets as budgets are cut
– But cost reductions have helped to streamline practices and processes
– Europe cited as a problem area for difficulties [...]
KluwerPatentLaw.com: New Premier Research Solution for IP Professionals
ALPHEN AAN DEN RIJN, Netherlands, June 1, 2010 – Professionals practicing patent law in Europe now have a one-stop
resource for their research needs. KluwerPatentLaw.com
(www.kluwerpatentlaw.com) from Kluwer Law International offers
authoritative analysis, case law, news and legislation combined with powerful
tools enabling patent attorneys and lawyers operating in Europe to easily
access premier information while dramatically cutting their [...]
Experts From Pinsent Masons Respond to Today’s Emergency Budget
LONDON, June 22, 2010 – Experts from international law firm Pinsent Masons comment on the
Chancellor's Emergency Budget delivered today 22 June 2010:
VAT Rise to 20%
Ian Hyde, tax partner at Pinsent Masons comments:
"The increase in rate will be a blow for retailers who [...]
Plaintiffs Prevail in Challenge to Deep Water Drilling Moratorium
NEW ORLEANS, June 22, 2010 – Hornbeck Offshore Services, the Chouest Entities, and the Bollinger
Entities have prevailed in their challenge to the federal government
moratorium on deep water drilling. The Plaintiffs brought their challenge
based on their belief that the moratorium is not consistent with the law, and
they appreciate that Judge Martin Feldman not only gave [...]
Litigation in the DRC Dismissed; El Nino Files $850,000 Counter Action Against Georges Kavvadias and GCP Group Ltd. for Breach of Agreement
VANCOUVER, June 24, 2010 – TSX.V: ELN
FSE: E7Q
El Nino Ventures Inc. ("ELN", "El Nino"
or the "Company") (TSX.V: ELN; FSE: E7Q) announced today that it has received
notice that the previously announced claims commenced in the Democratic
Republic of the Congo, (DRC) were dismissed by the Tribunal of Commerce [...]
Coutot-Roehrig is Forging Ahead With its International Development and Opening a Subsidiary in Switzerland
PARIS, June 28, 2010 – This Company, which specialises in locating heirs, is now offering its
services to Swiss bankers.
The global leader in genealogy, Coutot-Roehrig focuses mainly on locating
heirs upon lawyer request to assist in estate settlement proceedings.
For the past few years, the Company has developed its [...]
Litigation in the DRC Dismissed; El Nino Files $850,000 Counter Action Against Georges Kavvadias and GCP Group Ltd. for Breach of Agreement
VANCOUVER, June 24, 2010 – TSX.V: ELN
FSE: E7Q
El Nino Ventures Inc. ("ELN", "El Nino"
or the "Company") (TSX.V: ELN; FSE: E7Q) announced today that it has received
notice that the previously announced claims commenced in the Democratic
Republic of the Congo, (DRC) were dismissed by the Tribunal of Commerce [...]
Stroz Friedberg Promotes Seth Berman and Erin Nealy Cox to Executive Management
NEW YORK, June 23, 2010 – Stroz Friedberg (www.strozfriedberg.com), a world leader in
digital forensics, electronic discovery, cyber-crime response, and
investigations, is proud to announce the promotions of Seth P. Berman
(
www.strozfriedberg.com/professionals/xprProfessionalDetails1.aspx?xpST=ProfessionalDetail&professional=20
) and Erin Nealy Cox (
www.strozfriedberg.com/professionals/xprProfessionalDetails1.aspx?xpST=ProfessionalDetail&professional=117
) to the position of Executive Managing Director and their appointment to the
firm's Executive Management Group, which sets strategy and [...]
Experts From Pinsent Masons Respond to Today’s Emergency Budget
LONDON, June 22, 2010 – Experts from international law firm Pinsent Masons comment on the
Chancellor's Emergency Budget delivered today 22 June 2010:
VAT Rise to 20%
Ian Hyde, tax partner at Pinsent Masons comments:
"The increase in rate will be a blow for retailers who [...]
Plaintiffs Prevail in Challenge to Deep Water Drilling Moratorium
NEW ORLEANS, June 22, 2010 – Hornbeck Offshore Services, the Chouest Entities, and the Bollinger
Entities have prevailed in their challenge to the federal government
moratorium on deep water drilling. The Plaintiffs brought their challenge
based on their belief that the moratorium is not consistent with the law, and
they appreciate that Judge Martin Feldman not only gave [...]
L-Attorney: Former PetroCapital Resources PLC Chairman Sued by Company Shareholder
VADUZ, Liechtenstein, May 31, 2010 – In the continuing story concerning the board room dispute at PetroCapital
Resources Plc, which has resulted in the resignation of the founder and most
of the board of that company, a notification to the PLUS market regulators
and a delisting of the shares of the company, a High Court claim was [...]
Shire Receives LIALDA(R) Paragraph IV Notice Letter From Zydus Pharmaceuticals
DUBLIN, May 28, 2010 – Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty
biopharmaceutical company, announces that it has received a Paragraph IV
Notice Letter today from Zydus Pharmaceuticals USA, Inc. ("Zydus") advising
of the filing of an Abbreviated New Drug Application ("ANDA") for a generic
version of Shire's 1.2g mesalamine delayed release tablets, LIALDA(R).
[...]
PetroCapital Resources PLC Shareholder Axel von Schubert Sues Former Company Chairman Shareholder
LONDON, May 27, 2010 – In the continuing story concerning the board room dispute at PetroCapital
Resources Plc, which has resulted in the resignation of the founder and most
of the board of that company, a notification to the PLUS market regulators
and a delisting of the shares of the company, a High Court claim was filed
today [...]
First Personal Injury Calls for More GP Checks
MANCHESTER, England, May 26, 2010 – First Personal Injury's team of personal injury claims (
www.firstpersonalinjury.co.uk/) solicitors has called for more GP
accountability following the recent compensation payout to the family of a
man killed by an overdose. David Gray was administered an accidental overdose
of a painkilling drug by a GP in 2008. His family have recently [...]
Getty Petroleum Marketing Inc. Seeks to Arbitrate Contract Dispute with Ethanol Producer
EAST MEADOW, New York, June 29, 2010 – Getty Petroleum Marketing Inc. (Getty) announced today the filing of a
Demand for Arbitration before the American Arbitration Association against
Bionol Clearfield, LLC (Bionol), an ethanol producer in Pennsylvania. Getty
entered into a five-year contract to purchase ethanol from Bionol; however, a
dispute has arisen regarding the ethanol purchase price. [...]