Search Results for: EU Court
Record award for former Yukos investors after tribunal finds “political motivation” for Russia’s actions
July 31st, 2014
An arbitral tribunal sitting in The Hague has unanimously held that the Russian Federation breached its international obligations under the Energy Charter Treaty when it liquidated and part-nationalised the former Yukos Oil Company in 2007. The Permanent Court of ...
New York Governor involved in BNP deal to get $1 billion more for NY state fund
July 31st, 2014
Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo intervened to ensure the state government got a much bigger ...
Russians worry over the growing sanctions from the West
July 31st, 2014
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
GM sued over deaths, injuries linked to ignition switch
July 30th, 2014
General Motors (GM.N) was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches. The lawsuit was filed ...
Lords committee against the right to be forgotten
July 30th, 2014
The House of Lords expressed its opposition to the ‘right to be forgotten’ describing it as ‘unworkable, unreasonable and wrong in principle’, enforcing in this way the government’s opinion against the EU privacy protection laws. The principle, also referred ...
Prosecutors, defense spar over $150 billion forfeiture for Madoff aides
July 30th, 2014
Four months after five former Bernard Madoff aides were convicted of helping conceal his massive Ponzi scheme, their lawyers and U.S. prosecutors are still fighting over the trial’s key question: What did they know, and when did they know ...
Suspension of trading in a financial instrument
July 29th, 2014
The Financial Suspension and Market Authority has published an announcement informing that trading in Ageas, on Euronext Brussels is suspended from 29/07/2014 at 11:48 AM due to the decision of the court of justice of Amsterdam. Source: fsma
Trial of GSK-linked investigators is for August 8
July 29th, 2014
The public trial of a foreign couple linked to GlaxoSmithKline Plc (GSK) is set for Aug. 8, a Shanghai court said on Tuesday. Earlier this month, Chinese prosecutors accused British investigator Peter Humphrey and his American wife Yu Yingzeng ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Venezuelan Officers involved in Colombian Cocaine Traffic
July 29th, 2014
The head of Venezuelan military intelligence was involved on the payroll of a Colombian drug lord, invested his own money in drug shipments and personally coordinated the shipment of thousands of kilograms of cocaine, according to prosecutors in Miami ...
