Mayweather ends Pacquiao feud September 26, 2012 BOXING: The lawsuit filed by Manny Pacquiao against Floyd Mayweather has now been settled, with Mayweather apologising, leading to renewed hope that the two could yet reach an agreement to fight.
German court dismisses two VW law suits against Porsche September 19, 2012 A GERMAN regional court has stopped two investor lawsuits against Porsche, sending a discouraging signal to claimants still seeking just over €4bn (£3.2bn) in damages. Presiding judge Stefan Puhle at the court in Braunschweig read out the decision yesterday without giving reasons. Some German and US investors say that throughout 2008 Porsche camouflaged its plans [...]
German court dismisses two VW law suits against Porsche September 19, 2012 A GERMAN regional court has stopped two investor lawsuits against Porsche, sending a discouraging signal to claimants still seeking just over €4bn (£3.2bn) in damages. Presiding judge Stefan Puhle at the court in Braunschweig read out the decision yesterday without giving reasons. Some German and US investors say that throughout 2008 Porsche camouflaged its plans [...]
Samsung sues over iPhone 5 in latest clash October 2, 2012 SAMSUNG yesterday said it had launched legal proceedings in the US over the iPhone 5, claiming Apple has used the Korean firm’s own technology. In the latest in a string of lawsuits around the globe between the two technology giants, Samsung claims the latest iPhone model infringes on patents regarding sending music and video files [...]
iPad mini sales break records as Apple’s competition heightens November 5, 2012 APPLE sold 3m iPads in the first three days that the new iPad mini and fourth-generation model went on sale, the technology giant revealed yesterday. This figure was double the sales of the previous iPad launch in March, and chief executive Tim Cook said the company was already “practically sold out of iPad minis”. “We’re [...]
EU faces lawsuit from Deutsche Boerse over deal March 19, 2012 DEUTSCHE Boerse plans to sue the European Commission for blocking its $9bn (£5bn) merger with NYSE Euronext, to recoup merger costs and keep the door open for future deals in the derivative markets. The European Commission’s antitrust authorities blocked the tie-in last month, saying it would have led to a near-monopoly in European financial derivatives [...]
EU faces lawsuit from Deutsche Boerse over deal March 19, 2012 DEUTSCHE Boerse plans to sue the European Commission for blocking its $9bn (£5bn) merger with NYSE Euronext, to recoup merger costs and keep the door open for future deals in the derivative markets. The European Commission’s antitrust authorities blocked the tie-in last month, saying it would have led to a near-monopoly in European financial derivatives [...]
Tchenguiz SFO claims may rise after blunders November 4, 2012 THE SERIOUS Fraud Office (SFO) could face costs of hundreds of millions of pounds if lawsuits from Robert and Vincent Tchenguiz are successful, following the SFO’s botched investigation into the brothers stemming from the collapse of Icelandic bank Kaupthing in 2008. Vincent Tchenguiz had previously indicated he would look to sue the SFO for £100m. [...]
Retailers and card companies gear up for new clash on fees October 14, 2012 VISA, Mastercard and a group of retailers plan to ask a judge this week to approve a landmark settlement of a lawsuit over credit card fees, setting the stage for a battle with Wal-Mart and hundreds of other merchants who say it is a bad deal. Announced in July, the $7.2bn (£4.5bn) settlement is intended [...]
Debt holders lining up for lawsuit over risk warning March 12, 2012 INVESTORS who claim banks failed to warn them of the risks involved in buying Greek debt are to try and sue the government and banks involved, it was announced yesterday. Lawyers in Germany representing 110 investors have formed a class action group. Most of the investors involved spent between €100,000 (£84,116) and €500,000 on Greek [...]