Search Results for: EU Court
Russia’s Gazprom Suing Ukraine’s Naftogaz for $24 Billion in Gas Price Feud
May 6th, 2015
Russian energy giant Gazprom is suing Ukraine’s state gas company Naftogaz for nearly $24 billion amid a long-running gas pricing dispute between the two countries, according to a report published on the Naftogaz website. Ukraine is suing for a similarly massive sum: Prime Minister Arseniy ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
Europe to Pull Trigger on Google Antitrust Charges
April 15th, 2015
Case would be EU’s biggest competition battle since pursuit of Microsoft a decade ago Europe’s antitrust regulator plans to file formal charges against Google Inc.for violating antitrust laws, a person familiar with the matter said Tuesday, stepping up a five-year investigation ...
Cairn India takes Indian authorities to court over $3.3 bln tax demand
April 7th, 2015
Cairn India Ltd, India’s largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007. The company, a unit of London-listed Vedanta Resources ...
EU Lays Groundwork for Antitrust Charges Against Google
April 2nd, 2015
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
MF Global Trustee Seeks Court Permission to Repay Creditors
March 26th, 2015
MF Global Inc. wants court approval to pay $461 million owed to its creditors, the second such payment now that it has paid back most of its customers. In a Wednesday filing with the U.S. Bankruptcy Court in New ...
Latham & Watkins wins “European Corporate Deal of the Year”
March 19th, 2015
Firm works on “a landmark deal in the European healthcare sector last year” that was “particularly complex”. Latham & Watkins has won “European Corporate Deal of the Year” atThe Lawyer’s 2015 European Awards. The firm “stood out” for its work advising ...
EU Parliament votes for capping of interchange fees
March 11th, 2015
The European Parliament has voted for a regulation to cap interchange fees for consumer debit and credit card payments. The regulation was drafted by the European Commission and is intended to reduce fees for the usage of card payments. Both European ...
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...