Policy & Public Interest
Hong Kong Arbitration Society Launches a Brand-New AI Online Arbitration System to Resolve Disputes During the Pandemic
HONG KONG, Feb. 25, 2022 /PRNewswire/ -- Hong Kong Arbitration Society (HKAS) has recently launched an updated arbitration platform with new interfaces which are of simplified and more user-friendly designs. Users can first click and learn more about the procedure and fees of arbitration on the f...
CHINA EVERGRANDE GROUP: International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group
International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group BERLIN, Feb. 23, 2022 /PRNewswire/ -- For months, China Evergrande Group has been teetering on the brink of insolvency. On several occasions,China's second-largest real estate develop...
SSEK Law Firm Represents Another Bankoh Customer in Six-Figure Northstar Financial Services (Bermuda) Claim
HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Another investor in Japan has filed a FINRA arbitration claim against Bankoh Investment Services over her Northstar Financial Services (Bermuda) losses. This time, the claimant is a small business owner who lives in Tokyo but had accounts in the U.S. with ...
Ericsson: Update: Iraq media inquiries
STOCKHOLM, Feb. 16, 2022 /PRNewswire/ -- In the past week, Ericsson (NASDAQ: ERIC), has continued to receive detailed media inquiries from Swedish and international news outlets. Their interest pertains to information detailed in a 2019 internal investigation by the company, on conduct inIraq. ...
Ericsson: Comment regarding recent media inquiries
STOCKHOLM, Feb. 8, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has received questions from media regarding past compliance related matters inIraq. It appears media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees' sa...
UNFCU Clients Pursue Six-Figure Northstar Financial Services (Bermuda) Claim Against Raymond James & Copper Financial
NEW YORK, Feb. 1, 2022 /PRNewswire/ -- Three investors have filed a FINRA arbitration claim against Raymond James Financial Services and Copper Financial (fka Community America Financial Solutions, LLC). These investors suffered losses inNorthstar Financial Services (Bermuda) products, alleging ...
Electrolux charges MUSD 85 to Q4 2021 result after arbitration in U.S. tariff case
STOCKHOLM, Jan. 27, 2022 /PRNewswire/ -- Electrolux will charge MUSD 85 (MSEK 727) to earnings in the fourth quarter of 2021 after an appeals panel upheld a U.S. Department of Commerce (DOC) decision regarding tariffs on washing machines imported into the U.S. fromMexico in 2016/2017. As previo...
The Royal Gazette Interviews SSEK Law Firm and Japanese Investor Who Suffered Northstar Financial Services (Bermuda) Losses
HOUSTON, Texas, Jan. 4, 2022 /PRNewswire/ -- A Japanese investor and her securities attorney were interviewed by The Royal Gazette about the losses she and her husband suffered from investing in Northstar Financial Services (Bermuda ). This is a now-defunct offshore entity that is currently in liq...
Stylus Media Press Release for Walid Giahmi
GENEVA, Dec. 17, 2021 /PRNewswire/ -- Businessman Walid Giahmi has welcomed the dismissal earlier this month of the Libyan Investment Authority's most recent case against him. His Honour Judge Pelling QC sitting as a judge of the High Court, the said the LIA had "no real prospect of success" of ...
Wilson Sonsini Elects 23 New Partners
- Wilson Sonsini's partner-elect class includes one non-binary person, eight women, and 14 men from the firm's corporate, litigation, intellectual property, regulatory, and technology transactions practices- - Firm's 2022 class of 23 partner-elects matches the largest group promoted since 1999- ...
Afiniti Announces Larry Babbio as Chair, Establishes Special Committee To Conduct Investigation
WASHINGTON, Nov. 22, 2021 /PRNewswire/ -- The Board of Directors of Afiniti Ltd. ("Afiniti") has namedLarry Babbio as Chair of the Board of Afiniti, effective immediately. Mr. Babbio has served as a Director of Afiniti's Board since 2016. The former Vice Chair and President of Verizon Communicati...
Chemours Files Second Lawsuit Against AGC, Inc. for Infringement of HFO-1234yf Patent
WILMINGTON, Del., Nov. 22, 2021 /PRNewswire/ -- On November 12, 2021, The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials and Chemical Solutions,announced tha...
Law Offices of Gary R. Carlin APC Files International Class Action Against Datto
LONG BEACH, Calif., Nov. 18, 2021 /PRNewswire/ -- A class action filed in US
District Court for the Central District ofCalifornia, on October 27, 2021
alleges that Datto purposefully, willfully, and knowingly committed consumer
fraud and violated multiple consumer protection laws.
DMSA study: EVERGRANDE - 10 Billion US-Dollar in losses for Asia-Funds
BERLIN, Nov. 17, 2021 /PRNewswire/ -- The Evergrande default and the China real estate crisis are currently causing around10 billion US dollars in losses at the ten largest pension and investment funds specializing inAsia, with the largest Evergrande bond exposure of around1.2 billion US dollars....
Lingshan County Further Improves Service Enterprises and Continuously Optimizes Business Environment
LINGSHAN, China, Nov. 11, 2021 /PRNewswire/ -- In recent years, Lingshan County, Qinzhou City,Guangxi has implemented a series of measures, such as "cross-provincial application + package service", "one-stop services", "reduce process, time and cost" and "construction commencement upon land acqui...
Update on Deferred Prosecution Agreement
STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has received correspondence from the DOJ stating that it has determined that Ericsson breached its...
CGTN: Yellow River: A Chinese tale of ecological protection, high-quality development
BEIJING, Oct. 22, 2021 /PRNewswire/ -- Deemed China's "Mother River" and "the cradle of Chinese civilization," the Yellow River basin has seen remarkable improvements in its ecological environment over the last few years as the Chinese government attaches increasing importance to the conservation...
Choirock's "Mecard" Confirms Its Victory by Winning U.S. Federal Appeal Case Against Spin Master
SEOUL, South Korea and WASHINGTON, Oct. 19, 2021 /PRNewswire/ -- The toy brand Mecard, which is developed with proprietary and patented technology owned by Korean toy-content company Choirock Contents Company Co., Ltd. (CEO: Jong-il Choi), prevailed on an appeal case filed by Spin Master, Ltd., a...
Gara Group Files Lawsuit Against Holista Colltech, Ltd., an Australia Limited Company, iGalen International, Inc. and Dr. Rajendran Manickavsagar
MIAMI, Oct. 18, 2021 /PRNewswire/ -- On October 13, 2021, Gara Group Inc., the industry's leading development firm that provides white-glove solutions to companies in the direct sales industry, filed a counterclaim in the Circuit Court in and forBroward County, Florida against Holista Colltech, L...
Seoul Semiconductor Files Filament LED Patent Lawsuit against Feit Electric's Distributor for Infringement of 16 LED Patents
ANSAN, South Korea, Oct. 15, 2021 /PRNewswire/ -- Seoul Semiconductor Co., Ltd.
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