Patent cases treble in a year as downturn bites July 30, 2012 THE NUMBER of patent disputes lodged in Britain has almost trebled over the last year, as firms desperately vie to protect their market share in a dismal economic climate, research released today shows. Law firm EMW says the High Court in London saw 183 patent and design cases last year, compared with 65 in 2010. [...]
What the other papers say this morning October 14, 2012 FINANCIAL TIMES Tories plot cash-for-seats offer Senior Conservatives are plotting an audacious “cash-for-seats” offer to Nick Clegg, where the Liberal Democrat leader would back a Conservative-friendly Commons boundary review in exchange for millions in state funding for his party. US woman takes on banks over Libor A pensioner whose home was repossessed is taking on [...]
What the other papers say this Morning October 9, 2012 FINANCIAL TIMES Channel Islands unite over deficits Guernsey and Jersey are setting aside centuries of rivalry to defeat a common foe: the budget deficit. Senior politicians on the two islands, which have struggled to balance their books since the onset of the financial crisis in 2008, are considering radical moves to combine public services, including [...]
What the other papers say this Morning October 9, 2012 FINANCIAL TIMES Channel Islands unite over deficits Guernsey and Jersey are setting aside centuries of rivalry to defeat a common foe: the budget deficit. Senior politicians on the two islands, which have struggled to balance their books since the onset of the financial crisis in 2008, are considering radical moves to combine public services, including [...]
Spyker sues GM for over $3bn on Saab bankruptcy August 7, 2012 Dutch sportscar maker Spyker NV is suing General Motors for more than $3bn (£1.92bn) on behalf of its subsidiary Saab, accusing the US automaker of deliberately bankrupting the Swedish group by blocking a deal with a Chinese investor. Saab Automobile, one of Sweden’s best-known brands, stopped production in May 2011 when it could no longer [...]
Fred Goodwin to be targeted by shareholders in legal battle September 3, 2012 FORMER RBS chief executive Fred Goodwin could be sued personally by a shareholder activist group if campaigners successfully raise enough money to launch their suit, it emerged yesterday. The RBoS Shareholders Action Group plans to begin legal proceedings in the next month, accusing RBS and several key bosses at the bank of misleading them about [...]
Apple on a high after court win August 27, 2012 US stocks were barely changed in light volume yesterday as investors waited for signs from central banks about stimulating the weak economy, though Apple’s shares hit a record high after a major court victory. Apple rose two per cent to $676.56 after the iPad maker won a $1bn judgment in a patent lawsuit against Samsung [...]
Californian jurors get to work in Apple and Samsung case August 23, 2012 Nine jurors began deliberating today in Apple’s high stakes patent lawsuit against Samsung Electronics, a process that could take several days due to the complex legal issues in play. The trial began late last month in a San Jose, California federal court, just miles from Apple’s headquarters in Cupertino. Apple accuses Samsung of copying the [...]
What the other papers say this morning October 4, 2012 FINANCIAL TIMES Morgan Stanley warns on Wall St pay Morgan Stanley is preparing to wield its axe again with more job cuts and smaller bonuses planned for next year as the investment bank attempts to boost shareholder returns. In the latest sign of the pressure Wall Street is under to cut costs and address high [...]
Eurozone takes heavy toll on BNY Mellon’s earnings outlook July 18, 2012 PROFITS slumped in the second quarter as BNY Mellon settled a pricey lawsuit and struggled with falling client activity thanks to the heightened Eurozone crisis. Rock bottom interest rates also hit earnings as the custodian was forced to waive money market fund fees, because returns were too low to levy a charge. Earnings came in [...]