Owners ‘as impotent as a room full of eunuchs’ October 25, 2010 CLUB owners were labelled “as impotent as a room of eunuchs” yesterday as MPs urged the government to step in and take control away from “incapable” bodies such as the Football Association and the Premier League. Politicians from all three major parties called for action from sports minister Hugh Robertson, who is holding a consultation [...]
Lord Grabiner QC steals show with a match-winning cameo October 13, 2010 IT WASN’T quite Athens 2005, but Liverpool’s High Court victory represented an exhilarating comeback of sorts. And the match-winner this week was not Steven Gerrard but the more scholarly, if less athletic, figure of Lord Grabiner QC. The legal heavyweight, reputed to be the second highest paid barrister in the land, merely watched from the [...]
Virgin will not compete with rival Eurostar October 25, 2010 VIRGIN Trains has denied suggestions it may launch rival services against Eurostar on the new high-speed line from London to continental Europe. Eurotunnel last week reportedly said Virgin was among those companies who could start running trains from the capital to European cities such as Paris, Brussels and Cologne. German state railway Deutsche Bahn (DB) [...]
Virgin will not compete with rival Eurostar October 25, 2010 VIRGIN Trains has denied suggestions it may launch rival services against Eurostar on the new high-speed line from London to continental Europe. Eurotunnel last week reportedly said Virgin was among those companies who could start running trains from the capital to European cities such as Paris, Brussels and Cologne. German state railway Deutsche Bahn (DB) [...]
Damages claim will be very difficult, warn legal experts October 13, 2010 TOM HICKS and George Gillett turned to US courts after Mr Justice Floyd’s emphatic verdict in the High Court gave them virtually no chance of appeal and only a slim hope of pursuing a claim for damages, sports law experts told City A.M. The judge’s verdict that the Liverpool owners were not entitled to sack [...]
BSkyB braces for crunch EU sports ruling October 3, 2010 BSKYB is braced for a high court hearing this week that could change the football rights landscape. A pub landlady has taken a case to the European Court of Justice claiming Sky is breaching European free-trade rules with the way it sells its commercial Sky Sports packages. Portsmouth-based Karen Murphy was fined after an enforcement [...]
Goldman’s Blankfein to testify at insider trading trial March 23, 2011 Lloyd Blankfein, chief executive of Goldman Sachs, is to testify as a government witness at the trial of hedge fund manager Raj Rajaratnam today, intensifying the focus on the biggest insider trading case in decades. Blankfein is expected to tell Manhattan federal court jurors about a former Goldman board member who has been accused by [...]
Goldman’s Blankfein to testify at insider trading trial March 23, 2011 Lloyd Blankfein, chief executive of Goldman Sachs, is to testify as a government witness at the trial of hedge fund manager Raj Rajaratnam today, intensifying the focus on the biggest insider trading case in decades. Blankfein is expected to tell Manhattan federal court jurors about a former Goldman board member who has been accused by [...]
BAA to sell two airports after losing court ruling October 13, 2010 AIRPORT operator BAA is set to take its battle with the Competition Commission to the Supreme Court, after the regulator won a High Court ruling forcing it to sell off two more airports to satisfy competition concerns in the industry. BAA’s Spanish owner Ferrovial will now have to sell off Stansted and either Glasgow or [...]
Trichet’s words could lead to volatility June 7, 2011 FOREX.COM KATHLEEN BROOKS The markets have been embracing the euro with gusto this week. Partly this is a response to the weak US labour market data for May, but it is also due to expectations that the ECB will signal a rate rise in July when it meets on Thursday. The hawkish rhetoric from ECB [...]