Policy & Public Interest
John Lau takes legal action against Heath Zarin, EV Cornerstone
Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ -- Mr. John Lau Shek Yau ("John Lau or Mr. Lau"), founder of Cargo Services Group as well as JL Enterprises, began legal dispute an...
Elliott Expresses Disappointment at Republic of Korea's Decision to Challenge Award in Corruption Case
WEST PALM BEACH, Fla., July 18, 2023 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today issued the following statement: Elliott is disappointed by the Republic of Korea's ("ROK") decision to commence a legal proceeding inLondon to set aside the Award of approximately US $108.5...
Precedential US Federal Court Decision Hands SNIPR Biome a win in patent appeal over Rockefeller University for CRISPR-Cas microbial gene editing
* Five contested patents held by SNIPR remain in place * Precedential ruling means that SNIPR's patent portfolio will not be subject to any further interference and will not be judged by the old first-to-invent standard COPENHAGEN, Denmark, July 17, 2023 /PRNewswire/ -- SNIPR Biome ApS, the ...
AMEC PREVAILS IN SECOND INSTANCE OF TRADE SECRET LAWSUIT FILED AGAINST LAM RESEARCH CORPORATION
SHANGHAI, July 11, 2023 /PRNewswire/ -- Advanced Micro-Fabrication Equipment Inc.China (AMEC) announced today that it has prevailed in the second instance of a trade secret misappropriation lawsuit it filed inChina against Lam Research Corp. ofFremont, California (Lam). In its decision of June 3...
Quinn Emanuel launches new AT1 bondholder website
LONDON, July 5, 2023 /PRNewswire/ -- Quinn Emanuel Urquhart & Sullivan, the
world's largest litigation only international law firm, has launched a new
websiteat1action.com
International Investors May Be Able To Pursue Northstar (Bermuda) Losses From Broker-Dealers
Japanese Retirees File Seven-Figure Broker Fraud Lawsuit Against Bankoh Investment Services HOUSTON, June 28, 2023 /PRNewswire/ -- If you are non-US citizen whose broker-dealer sold you annuity and annuity-like investments inNorthstar Financial Services (Bermuda), there is still time to explore ...
Elliott Issues Statement Regarding Successful Outcome of Republic of Korea Arbitration Case
Elliott Awarded Approximately US $108.5 Million Victory for Elliott Shows Harm Done to Investors by Corrupt Relationships between Government Officials, Chaebol Precedent-Setting Decision Should Help Future Investors in Korea WEST PALM BEACH, Fla., June 21, 2023 /PRNewswire/ -- Elliott Investment...
CCTV+: Xi dedicated to people-oriented governance in political career
BEIJING, June 19, 2023 /PRNewswire/ -- Storyline: Chinese President Xi Jinping has been dedicated to the cause of making people's life better in his political career so far. With a determination to do good things for people, Xi's political career started in 1982 in northChina's Hebei Province w...
Electrolux Group sets provision mainly relating to French antitrust case
STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximatelySEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules inFrance between 2009 and 2014. A minor part of the provision relates to settlement of another legal...
U.S. District Court dismisses securities claim against Ericsson
STOCKHOLM, May 25, 2023 /PRNewswire/ -- Yesterday, the U.S. District Court for the Eastern District ofNew York dismissed with prejudice the securities litigation against Ericsson (NASDAQ: ERIC) brought by certain shareholders. In its ruling, the court rejected in full the plaintiff's claims that ...
New Lawsuit: Revival of Ultra-Luxury Supercar Brand De Tomaso Undone by Fraudulent Scheme
Boies Schiller Represents Carmaker's Former Executive in Litigation Targeting Hong Kong Financier NEW YORK, May 25, 2023 /PRNewswire/ -- A new lawsuit filed today in New York federal court against defendants De Tomaso Automobili Holdings N.A. LLC, its majority shareholder, Sung-Fung "Norman" Ch...
Landmark Victory: KPM Analytics Prevails in Trade Secret Misappropriation Trial
WESTBOROUGH, Mass., May 20, 2023 /PRNewswire/ -- KPM Analytics, a global leader in scientific instrumentation and machinery, focused primarily on analyzing critical quality parameters in the food and agricultural industries, is gratified to announce a resounding victory in a recent jury trial con...
Magēmā Technology LLC and Rigby Refining LLC Settle Dispute with Wood Group USA
HOUSTON, May 15, 2023 /PRNewswire/ -- Magēmā Technology LLC and Rigby Refining LLC announce: "Magēmā and Rigby Refining have entered into a settlement agreement with Wood GroupUSA to resolve the claims asserted in Rigby Refining, LLC and Magēmā Technology LLC v. Wood GroupUSA, Inc. v. Marea Energ...
Cyient executive acquitted in US DoJ case
HYDERABAD, India, May 3, 2023 /PRNewswire/ -- Cyient, a global Engineering and Technology solutions company, today announced that a case brought by the US DoJ against a Cyient executive on grounds of violation of Sherman act for alleged 'No-Poach' agreement, has been dismissed mid-trial by a fede...
The Law Office of D. Gill Sperlein: Elon Musk to pay critic Randeep Hothi to settle defamation lawsuit
SAN FRANCISCO, May 2, 2023 /PRNewswire/ -- Tesla CEO Elon Musk has settled a defamation case brought against him by Randeep Hothi, an outspoken critic and independent researcher who published original investigative work casting doubts on many of Tesla's claims about its technological capabilities...
U.S. Court of Appeals for the Federal Circuit Affirms Dismissal of Lawsuit Initiated by SAS Institute against Altair (World Programming) for Alleged Copyright Infringement
Altair SLC – alternative SAS language environment – available for companies to embrace modern computing and open-source concepts while leveraging decades of investment they've put into the SAS language TROY, Mich., April 13, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computat...
Aquavit Awarded 10M in Damages on Intellectual Property Against Counterfeiters
NEW YORK, March 23, 2023 /PRNewswire/ -- Aquavit Pharmaceuticals, Inc. ("Aquavit") today received a final award in the amount of$10,088,380.72 from the United States District Court for the Southern District of New York. The Honorable Valerie Caproni adopted the Report & Recommendation (R&R) o...
CGTN:A look at China's democracy: What is the essence?
BEIJING, March 20, 2023 /PRNewswire/ -- Carrying his fellow villagers' hopes and expectations, Long Xianwen of the Miao ethnic group, headed toBeijing from his remote village in centralChina's Hunan Province in early March, to discuss social and economic development with Chinese leaders and the n...
Firmenich confirms anti-trust probes into fragrances sector
GENEVA, March 8, 2023 /PRNewswire/ -- Firmenich, the world's largest privately owned perfume and taste company confirms that onMarch 7th, 2023, certain competition authorities commenced an industry wide investigation into the fragrances sector. As part thereof, unannounced inspections were carrie...
U.S. Department of Justice Resolves 2019 Deferred Prosecution Agreement Breaches with Ericsson
STOCKHOLM, March 3, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that it has reached a resolution with the U.S. Department of Justice (DOJ) regarding non-criminal breaches of its 2019 Deferred Prosecution Agreement (DPA). Under the agreement, and as provided for by the DPA, LM Er...
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