With Reuters
Thursday, September 09, 2010         09:25 EDT
Ely Razin, Esq., Editor In Chief
 
LEGAL


31 August 03:00
Research In Motion will give India access to secure BlackBerry data beginning September 1, a government source said, leading New Delhi to put off a decision on whether to shut down the smartphone...
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26 August 00:15
A recent distribution MOU involving a Turkish software developer stretches “globalization” to its limits…
More Precedent

18 August 00:15
Beware those companies with a new twist on a familiar product in the UK; you may be inadvertently breaching the…
Precedent Watch

17 August 00:30
The BlackBerry controversy has exposed an internet trap for unwary companies and lawyers alike. Governmental threats to giants like Google, Yahoo and RIM impact…
Precedent Watch

16 August 01:30
The contract is inked, the funds are dispersed, and the deal closed – now who is bearing the post-closing risks? The importance of this risk-allocation has grown, thanks to...
Precedent Watch

11 August 06:47
Technology licensing firm Wi-Lan Inc said it has settled all patent litigation with telecoms equipment maker UTStarcom Inc...
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11 August 02:00
Research In Motion has agreed to hand over user codes that would let Saudi authorities monitor its BlackBerry Messenger, as it seeks to stop the kingdom from silencing the service...
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11 August 01:30
The world's newest energy player, Israel, has burst onto the world stage leveraging both clean tech brains and hydrocarbon brawn.  Houston's Noble Energy and Ormat Technologies of Nevada, meanwhile...
Precedent Watch

09 August 12:00
BlackBerry maker Research In Motion is facing demands for access to its encrypted data in some of its fastest-growing markets…
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09 August 02:18
Kuwait has no intention of stopping BlackBerry services for the time being but is talking to the device's manufacturer about moral and security concerns...
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05 August 01:00
The makers of the BlackBerry smartphone held last-ditch talks with Saudi Arabia to avert a threatened cut-off of a key service, while India took a tough line with the Canadian company...
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04 August 07:49
Google is set to allow advertisers in Europe to use rivals' trademarks when bidding for online ads in a move that will prevent big brand owners from controlling which ads appear during users' searches...
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04 August 03:00
Recent litigation swirling around IP ownership and employment agreements is putting the “con” in contract. From the Facebook ownership dispute to MGA and Mattel’s Bratz litigation, high stakes litigation battles are unfolding…
Precedent Watch

04 August 02:10
Saudi Arabia on Tuesday ordered at least one Research In Motion's BlackBerry smartphone service to be blocked as of Friday, becoming the latest government to threaten to curb the device on security grounds...
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02 August 02:00
IP dramas worthy of Hollywood show U.S. courts to have assumed a central role on China's integration into world markets and exchanges. While alleged IP infringement isn't news, handling them in the U.S. is, and is fraught with risk...
Precedent Watch

23 July 00:15
Faced with overwhelming telecom competition, M&A provides a welcome respite. In their corner of VOIP, YMax Corp. and Israel’s VocalTec Communications Ltd. are...
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22 July 15:28
A federal appeals court said Mattel Inc was wrongly granted ownership of the popular Bratz dolls, a decision that could lead to a new trial over control of the estimated $1 billion franchise...
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21 July 23:10
U.S. lawmakers called for tough new measures to punish China for its failure to stop widespread piracy and counterfeiting of U.S. goods ranging from music CDs to manufactured products…
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21 July 22:00
U.S. mobile phone maker Motorola Inc sued former employees and rival Huawei Technologies Co and Lemko Corp, alleging they conspired to steal trade secrets...
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16 July 02:15
A newly hatched Malaysian IPO demonstrates the lure of iconic American brands, yet in a decidedly un-American style offering...
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15 July 11:03
Discovery Communications Inc accused Amazon.com Inc of infringing patents covering electronic book delivery and security with its Kindle e-book reader and said the Internet retailer should be forced to pay royalties...
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14 July 02:30
Major pharmaceutical deals, like those involving Teva and Pfizer, are unfolding under the twin pressures of healthcare reform in the U.S. and downward price pressure on...
Precedent Watch


08 September 13:17
California regulators are seeking fines of up to $9.9 billion from a unit of health insurer UnitedHealth Group Inc, citing mismanaged medical claims, failure to pay doctors and other lapses...
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07 September 17:35
Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril"...
Reuters News

06 September 00:05
While bankruptcies have moved off of the front pages, they are still proceeding. U.S. chemical concern Tronox, Inc., has filed a plan to exit Chapter 11 by the end of November...
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02 September 22:00
Australian iron ore miner Fortescue Metals and its CEO have been sued by the company's third-largest shareholder to stop it from raising funds, citing a breach of a 2006 funding deal...
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01 September 12:40
Allergan Inc has agreed to plead guilty and pay $600 million to resolve a federal probe of its marketing practices for the injectable wrinkle smoother Botox, the company and...
Reuters News

01 September 10:42
A federal judge approved the creation of a $150 million fund for Bank of America Corp shareholders as part of a settlement with the Securities and Exchange Commission over the bank's 2009 acquisition of Merrill Lynch...
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01 September 06:00
Abu Dhabi National Energy Co's (TAQA) former chief executive has sued the company in a U.S. court, alleging he was forced out last year for trying to stop...
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31 August 17:00
In Anwar v. Fairfield Greenwich Limited, 1:09-cv-00118 (VM) (THK), Judge Victor Marrero of the Southern District of New York adopted a novel view of the effect of...
Precedent Watch - Guest Author

31 August 00:30
Northern Trust Corp said it has been granted a license by the China Banking Regulatory Commission, which would allow it to set up a banking branch in Beijing...
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27 August 00:30
Going-private might seem like a life of luxury for a company, allowing it to leave behind worries surrounding public share prices or reporting requirements. But getting there can be a hair-raising legal journey…
Precedent Watch

27 August 00:15
Water treatment systems company Sionix Corp recently settled approximately $520,000 in claims with distressed investor Ascendiant Capital Group...
More Precedent

26 August 03:48
Dubai World is prepared to sell prized assets including previously ringfenced ports firm DP World in a bid to raise as much as $19.4 billion to repay creditors, a document obtained by Reuters showed...
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26 August 01:00
Though Canadian companies are no stranger to the world of alternative dispute resolution, and arbitration in particular, views continue to vary as to…
Precedent Watch

25 August 16:03
Blackstone Group LP urged a federal appeals court not to revive an investor lawsuit accusing it of hiding bad investments before raising $4.7 billion in its 2007 initial public offering...
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25 August 15:19
Even as UBS launches a global campaign to revive its banged-up brand, the Swiss bank's U.S. brokerage faces another costly and embarrassing wave of regulatory actions...
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25 August 08:30
A big high-frequency trading firm faces possible civil charges by regulators after its computer ran amok and sparked a frenzied $1 surge in oil prices in February...
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24 August 07:16
A run-down court building that also houses the local casino in this Amazon jungle town is the unlikely venue for the largest environmental damages lawsuit ever tried...
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24 August 06:00
The Dodd-Frank Act will require investment advisers to adhere to new standards, including eligibility for investing in certain products...
Precedent Watch

24 August 02:36
A legal showdown between Lehman Brothers and Barclays Plc resumed with a Barclays executive testifying in court that a Barclays pact to buy parts of bankrupt Lehman was the...
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23 August 01:00
The EU has used its full arsenal of powers to clamp down on the telecommunications sector, as it sees national governments helpless in the face of international telecommunication profiteering…
Precedent Watch

22 August 09:47
Royal Dutch Shell<RDSa.L> and German chemicals maker BASF<BASF.DE> plan to appeal a first instance Brazilian court ruling on health injuries related to pollution at a former pesticide plant...
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19 August 18:00
The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check...
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19 August 00:30
While Canada is a long, long way from matching the U.S. when it comes to securities class action claims, 2010 is proving to be a pivotal year in the development of such litigation...
Precedent Watch

18 August 23:30
A federal judge refused to dismiss an investor lawsuit against Fairfield Greenwich Group, a hedge fund firm accused of funneling money to the now-imprisoned Bernard Madoff for his...
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18 August 14:36
A U.S. judge approved giant British bank Barclays Plc's $298 million settlement of charges that it had violated U.S. trade sanctions, a day after he criticized the agreement as a...
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18 August 12:45
SEC said it charged State of New Jersey for fraudulent municipal bond offerings and that New Jersey has agreed to settle the case without admitting or denying the SEC's findings...
Reuters News

18 August 09:40
A New York judge has combined two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc and put the case on hold pending progress on resolving it and 16 related federal lawsuits...
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18 August 00:15
Beware those companies with a new twist on a familiar product in the UK; you may be inadvertently breaching the…
Precedent Watch

18 August 00:05
A recent niche finance IPO could be a shot in the arm for the plaintiffs’ bar. Imperial Holdings, Inc. (“Imperial”), a specialty finance company founded in...
More Precedent

17 August 15:45
The U.S. Securities and Exchange Commission is conducting a formal investigation into possible insider trading by certain past and current officers and...
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16 August 21:19
South Korean earphone and headset maker Cresyn said on Tuesday it had not given any improper commissions to an Apple global supply manager charged with accepting kickbacks from Asian companies...
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16 August 01:00
Despite the PRC State Council’s reaffirmation of its continued support for foreign direct investment, the terms of a recent FCPA settlement between the SEC and General Electric has some U.S. investors pausing to cross their legal Ts and dot their due diligence Is…
Precedent Watch

13 August 15:30
Alabama is suing BP Plc, Transocean and Halliburton for "catastrophic harm" caused by the Gulf of Mexico oil spill, the state's attorney general said...
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13 August 02:30
Oracle Corp sued Google Inc, alleging patent and copyright infringement in the development of the popular Android smartphone software...
Reuters News

12 August 11:00
Lehman Brothers says hedge fund company Och-Ziff Capital Management Group is stonewalling its efforts to subpoena information related to Lehman's collapse and...
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12 August 02:30
Liberty Media Corp. has turned to the courts to grease the skids for a proposed “split−off.” Liberty, a multi-faceted conglomerate with more than $16 billion in assets, has filed…
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11 August 06:00
Atrium European Real Estate is suing its founder, Austrian coffee roasting heir Julius Meinl V, and his bank for over 2 billion euros ($2.6 billion) in damages...
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11 August 02:30
BP may be suffering a contract blowout from the oil spill in the Gulf of Mexico. The oil giant’s contractual arrangements broadly indemnify the owner of the Deepwater Horizon –Transocean Ltd – for liabilities related to…
More Precedent

11 August 02:30
Solvency opinions are on the tip of many a tongue, thanks to the Tribune Co. and its just released bankruptcy examiner’s report. With leveraged transactions beginning to revive…
Precedent Watch

10 August 18:02
The U.S. Commerce Department is analyzing a court ruling that strikes at its ability to simultaneously apply two sets of import duties on goods from China, a department official said...
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10 August 17:15
A federal appeals court allowed Verizon Communications Inc to correct an in-house lawyer's drafting error in a pension plan that could have cost the...
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10 August 13:00
Florida Attorney General Bill McCollum said he is suing the world's biggest makers of liquid crystal display screens for engaging in a "conspiracy at the highest level" to fix prices...
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10 August 01:45
Wells Fargo & Co said new U.S. financial regulation to limit overdraft fees would reduce its fee revenue by about $500 million in the second half of this year...
Reuters News

09 August 03:57
AstraZeneca has agreed to pay $198 million (124 million pounds) to settle some 17,500 U.S. personal injury claims related to its schizophrenia and bipolar disorder drug Seroquel...
Reuters News

09 August 02:30
Golden shares may once have been a prerequisite of privatisations in Europe, but they appear to be fool’s gold now, as seen by Portugal Telecom’s recent clash with the European Union…
Precedent Watch

06 August 12:38
New York Attorney General Andrew Cuomo filed an antitrust case against Hitachi, Toshiba and other makers of LCD screens, claiming that they conspired to fix prices for a decade...
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06 August 00:30
The Supreme Court’s ruling in Morrison v. National Australia Bank recently rendered an entire category of securities class actions, those known as “F-cubed”, extinct...
Precedent Watch

05 August 13:19
Chevron Corp urged a federal appeals court not to force it into Ecuador's courts to defend a $27.4 billion lawsuit alleging its oilfields polluted the Amazon rainforest and sickened thousands of Ecuadorians...
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05 August 01:00
UK regulators are coming down hard on unscrupulous directors of insolvent companies in England and Wales, using the full remit of their powers to disqualify more…
Precedent Watch

04 August 12:30
U.S. securities regulators charged a former business director and third-party agent for Innospec Inc with bribing Iraqi officials in the United Nations' Oil for Food program...
Reuters News

04 August 10:37
Intel Corp has agreed to stop using threats and bundled prices to hamper competition, settling charges that it illegally abused its market dominance in microprocessors...
Reuters News

04 August 03:00
Recent litigation swirling around IP ownership and employment agreements is putting the “con” in contract. From the Facebook ownership dispute to MGA and Mattel’s Bratz litigation, high stakes litigation battles are unfolding…
Precedent Watch

03 August 14:01
Donald Trump and the promoters of his Trump SoHo hotel-condominium were sued by buyers who accused them of fraudulently touting out-sized sales figures to encourage them to buy units and...
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03 August 11:10
Gildan Activewear said it had settled a securities class action lawsuit filed in 2008 relating to the clothing maker's earnings guidance in April that year...
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02 August 15:49
U.S. securities regulators are investigating whether people may have illegally profited from trading on nonpublic information at BP Plc in the weeks and months following...
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02 August 12:48
Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books...
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02 August 10:43
A U.S. judge refused to dismiss the state of Virginia's challenge to President Barack Obama's landmark healthcare law, a setback that will force his administration...
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02 August 03:00
The FSA’s enforcement abilities just took a big step forward, having received judicial confirmation of the widest possible remit in its prosecution powers…
More Precedent

02 August 02:00
IP dramas worthy of Hollywood show U.S. courts to have assumed a central role on China's integration into world markets and exchanges. While alleged IP infringement isn't news, handling them in the U.S. is, and is fraught with risk...
Precedent Watch

30 July 02:30
Disclosure law has just found its new sheriff, and he's waving a big gun at Bank of America/Merrill, notably going it alone rather than being boxed into others' class actions…
More Precedent

29 July 16:30
The Justice Department said it sued Oracle Corp, alleging it defrauded the federal government on a software contract in effect from 1998 to 2006 that...
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29 July 15:26
Citigroup Inc will pay $75 million to settle charges that it failed to disclose to investors $40 billion in subprime exposure in 2007, the Securities and Exchange Commission said...
Reuters News

29 July 11:56
More than 2,000 miles from the Gulf of Mexico shoreline, lawyers were set to argue before a judicial panel on how hundreds of spill-related lawsuits against BP Plc should be merged...
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29 July 03:00
The legal side effects of financial reform legislation are already creeping into the market. While many of the changes envisioned under Dodd-Frank will take place years into the future, one of its immediate effects is…
Precedent Watch

28 July 13:59
A New York judge put two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc on hold until progress is made on 16 other lawsuits related to a...
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28 July 09:17
It's a case that has left Warren Buffett's Dairy Queen business cold...
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28 July 03:00
Subprime chickens are still coming home to roost for hedge funds like Highland Capital Management and one-time fund operator Carlyle Group, which have been the targets of recent lawsuits…
Precedent Watch

28 July 00:31
Dubai's pledge to cover gaps in Dubai World's debt repayment plan has become a sticking point for lenders, some of whom want state guarantees to fall under British -- not local -- law...
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26 July 13:37
The U.S. Securities and Exchange Commission said Goldman Sachs Group Inc will be allowed to continue to issue securities after settling civil fraud charges earlier this month...
Reuters News

26 July 11:07
Billionaire Carl Icahn accused Canadian-headquartered Hollywood studio Lions Gate Entertainment Corp of using "scorched-earth" tactics to thwart his takeover bid for the company, and pledged legal action...
Reuters News

26 July 02:30
Dancing the M&A two-step is all the rage these days. And acquirers have a way of ensuring that they come out on top – via “top-up” options…
Precedent Watch

23 July 00:30
Over-leverage in LBOs is proving to be a real sticking point yet again, this time amidst exits from Chapter 11. As the three-way dance between Extended Stay, the U.S. trustee and creditors have found...
Precedent Watch

22 July 12:24
The trustee overseeing liquidation of Bernard Madoff's investment firm demanded more than $3.6 billion in damages in an expanded lawsuit against a hedge fund firm and individuals whom he said...
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22 July 10:44
New York has filed two lawsuits over Bank of America Corp's takeover of Merrill Lynch & Co and Merrill's subprime mortgage exposure, believing it can recover more by suing on its own than...
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22 July 03:00
The oil and gas exploration and drilling industry faces a legal landscape being rapidly transformed by a yet-to-be determined number of lawsuits and several legislative proposals on the congressional fast track…
Precedent Watch

22 July 00:30
For all the drama of high seas brigandage, many of the risks and costs go unpublicized. Wherever there’s insurance, litigation follows…
Precedent Watch

21 July 22:00
U.S. mobile phone maker Motorola Inc sued former employees and rival Huawei Technologies Co and Lemko Corp, alleging they conspired to steal trade secrets...
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21 July 12:25
President Barack Obama signed into law the most comprehensive financial regulatory overhaul since the Great Depression and vowed there will be no more taxpayer-funded bailouts for Wall Street...
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20 July 17:40
Facebook may continue business as usual while it fights a New York man's claim he has a contract with founder Mark Zuckerberg that entitles him to 84 percent ownership of...
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20 July 13:45
The Securities and Exchange Commission is in the midst of more probes stemming from the financial crisis, its chairman said, a week after Goldman Sachs settled fraud charges for...
Reuters News

20 July 08:00
A panel of capital markets regulator Securities and Exchange Board of India set the stage for overhauling the corporate takeover code, potentially making deals more...
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20 July 07:29
Goldman Sachs executive Fabrice Tourre denied fraud and other accusations by U.S. regulators for his role in marketing a subprime mortgage product and asked a court to dismiss the case...
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16 July 17:45
The landmark financial reform legislation awaiting President Barack Obama's signature will take years to implement, with hundreds of new rules to be written and...
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16 July 01:30
The U.S. Senate approved legislation to overhaul the financial system and usher in new rules for Wall Street, sending it to President Barack Obama to sign into law...
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15 July 15:15
Legislation that could bar BP from getting new offshore oil leases in the United States passed another hurdle in Congress on Thursday while a separate bill to boost safety requirements for...
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15 July 08:11
GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the "substantial majority" of claims relating to its controversial diabetes pill Avandia...
Reuters News

13 July 05:06
U.S. investment bank Goldman Sachs Group Inc is likely to ask for more time to respond to the fraud lawsuit filed on April 16 by the U.S. Securities regulator, the New York Post reported, citing sources...
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09 July 13:15
Goldman Sachs Group Inc was sued by Liberty Mutual Insurance Co for fraudulently misleading it into buying preferred stock of mortgage financier Fannie Mae that would become "virtually worthless"...
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09 July 02:00
Soaring fees lead to roaring fee fights, thanks to the insidious effects of the weak economy. Though still the exception, fees are the subject of courtroom focus in both...
Precedent Watch

08 July 01:00
BP boss Tony Hayward met officials from an Abu Dhabi state investment fund, the latest stop on a global quest for money to ward off takeovers and help pay the huge costs of the worst oil spill in U.S. history...
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07 July 02:11
British Airways will be able to guarantee all of its flights should there be any new strike action, the company's Chief Executive Willie Walsh said in an interview...
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05 July 02:00
Just when companies welcomed a sign that the SEC might be backing down on its backdating pursuit, the hammer of the plaintiffs’ bar has struck a blow for corporate transparency…
Precedent Watch


08 September 13:17
California regulators are seeking fines of up to $9.9 billion from a unit of health insurer UnitedHealth Group Inc, citing mismanaged medical claims, failure to pay doctors and other lapses...
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08 September 06:41
German gambling restrictions breach European Union law, Europe's highest court said, giving a rare victory to companies seeking to break domestic monopolies in a lucrative industry...
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08 September 03:55
Libya's government denied it had any investments in foreign oil companies, in an apparent rebuff to the country's top energy official who had said buying shares in BP would be a good deal...
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07 September 04:49
The United Arab Emirates' central bank has frozen four Iranian bank accounts cited in a United Nations Security Council blacklist after uncovering their presence in the UAE banking system...
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06 September 22:00
Addressing a central complaint of foreign businesses, Vice President Xi Jinping said that China will treat overseas suppliers fairly when they bid for public procurement contracts...
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06 September 04:15
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund estimated to be the world's largest, named Ted Chu from U.S. automaker General Motors as its chief economist...
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05 September 21:46
China plans to relax rules to allow smaller fund houses to launch overseas investment products, the Securities Times reported on Monday, citing an unnamed source...
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01 September 02:30
Proxy access is here, and corporations will soon need to make more room on their ballots. And as the icing on the proxy access cake, the new rules will be here in just sixty short days…
Precedent Watch

30 August 04:19
Troubled conglomerate Dubai World has begun talks with small creditors, not included in the coordination committee of banks on its restructuring plan, to avoid any lawsuits...
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30 August 02:30
As the world’s derivatives markets race to take over global competitors, the potential impact of Dodd-Frank looms large...
Precedent Watch

26 August 02:37
The fate of BlackBerry's encrypted email and messaging services in India will be decided in last-ditch talks starting between the smart phone's maker and security agencies ahead of...
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26 August 02:29
Iran has increased production of crude from its Hengam offshore oilfield to 10,000 barrels per day (bpd)...
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24 August 02:36
A legal showdown between Lehman Brothers and Barclays Plc resumed with a Barclays executive testifying in court that a Barclays pact to buy parts of bankrupt Lehman was the...
More Headlines

24 August 00:30
For some public companies, the looming specter of Iranian sanctions policy lends an understandable nervousness to otherwise routine filings...
Precedent Watch

23 August 01:00
The EU has used its full arsenal of powers to clamp down on the telecommunications sector, as it sees national governments helpless in the face of international telecommunication profiteering…
Precedent Watch

20 August 01:00
Money flowing out of China in the form of outbound investment has been popping up in record amounts in the form of international listings, overseas acquisitions and…
Precedent Watch

19 August 20:41
State-run Korea National Oil Corp plans to go to shareholders of UK oil explorer Dana Petroleum with a 1,800 pence per share offer worth $2.6 billion, after Dana's management rejected its bid proposal...
More Headlines

18 August 12:45
SEC said it charged State of New Jersey for fraudulent municipal bond offerings and that New Jersey has agreed to settle the case without admitting or denying the SEC's findings...
Reuters News

17 August 00:30
The BlackBerry controversy has exposed an internet trap for unwary companies and lawyers alike. Governmental threats to giants like Google, Yahoo and RIM impact…
Precedent Watch

16 August 21:19
South Korean earphone and headset maker Cresyn said on Tuesday it had not given any improper commissions to an Apple global supply manager charged with accepting kickbacks from Asian companies...
More Headlines

16 August 12:53
The Muslim fasting month of Ramadan may be delaying the start of talks between the Algerian government and Egypt's Orascom Telecom to buy the mobile firm's Djezzy unit...
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12 August 02:22
India may temporarily shut down BlackBerry services if security concerns are not addressed in a meeting on Thursday, sources said, a sign the Canadian firm's tussle with authorities around the world is far from over...
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11 August 12:35
Saudi Arabia plans to build schools, hospitals, housing and other infrastructure projects as part of a five-year plan budgeted at $385 billion...
More Headlines

11 August 01:30
The world's newest energy player, Israel, has burst onto the world stage leveraging both clean tech brains and hydrocarbon brawn.  Houston's Noble Energy and Ormat Technologies of Nevada, meanwhile...
Precedent Watch

10 August 18:02
The U.S. Commerce Department is analyzing a court ruling that strikes at its ability to simultaneously apply two sets of import duties on goods from China, a department official said...
More Headlines

10 August 12:42
A joint venture of private Turkish companies Is-Kaya Insaat and MMEKA Machinery made top bids totalling nearly $5 billion for rights to operate two Turkish power grids...
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10 August 02:30
All the talk of a wind energy-filled future may appear to be little more than hot air, with key legislation diminished and then delayed. But private innovators like Google have stepped in where the government fears to tread…
Precedent Watch

09 August 12:00
BlackBerry maker Research In Motion is facing demands for access to its encrypted data in some of its fastest-growing markets…
More Headlines

09 August 02:18
Kuwait has no intention of stopping BlackBerry services for the time being but is talking to the device's manufacturer about moral and security concerns...
More Headlines

08 August 02:00
Reports of a sukuk demise may be premature as two sizeable offerings this summer from Malaysia and Abu Dhabi attest…
More Precedent

07 August 22:24
The Saudi telecom regulator told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by certain services available on Research In Motion's BlackBerry smartphones...
More Headlines

05 August 01:00
The makers of the BlackBerry smartphone held last-ditch talks with Saudi Arabia to avert a threatened cut-off of a key service, while India took a tough line with the Canadian company...
More Headlines

05 August 00:10
Swiss investors unveiled Algeria's first Western-style shopping mall on Wednesday, a 70-million-euro project that marks the first major foray by foreigners into the energy exporters' untapped retail market...
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04 August 02:10
Saudi Arabia on Tuesday ordered at least one Research In Motion's BlackBerry smartphone service to be blocked as of Friday, becoming the latest government to threaten to curb the device on security grounds...
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04 August 02:00
Egypt could triple its trade with South American trade bloc Mercosur over the next few years as it pushes to secure food supplies...
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04 August 01:00
India's security establishment has taken a hard-line view on Research In Motion's stance that it does not possess a "master key" to intercept data traffic on BlackBerry and...
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04 August 01:00
The EU’s sweeping sanctions against Iran have left some western companies in the lurch, but business with Iran still appears to be largely unchanged throughout the Asia Pacific region…
Precedent Watch

03 August 02:39
Sanctions against Iran have done nothing to dent a boom in its stock market, as investors bet on a continued rise in company stocks which have been undervalued for years...
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03 August 02:18
Orascom Telecom's Algerian unit has been blocked from importing new mobile phone equipment due to an ongoing dispute with the Algerian government...
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03 August 01:49
The Iraqi Oil Ministry expects strong demand at an auction for three gas fields it plans to develop, a senior oil official said, despite the lack of a new government nearly five months after an election...
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03 August 01:12
Research in Motion has agreed to allow Indian security agencies to monitor its BlackBerry services, The Economic Times newspaper reported, after pressure from governments worried about national security...
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02 August 12:48
Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books...
More Headlines

02 August 10:43
A U.S. judge refused to dismiss the state of Virginia's challenge to President Barack Obama's landmark healthcare law, a setback that will force his administration...
More Headlines

02 August 00:55
Saudi Arabia's telecoms regulator has ordered local operators to freeze the Messenger function for BlackBerry users this month...
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01 August 02:53
The United Arab Emirates will suspend use of Blackberry services in October, citing concerns about security risks...
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30 July 02:30
Disclosure law has just found its new sheriff, and he's waving a big gun at Bank of America/Merrill, notably going it alone rather than being boxed into others' class actions…
More Precedent

29 July 11:56
More than 2,000 miles from the Gulf of Mexico shoreline, lawyers were set to argue before a judicial panel on how hundreds of spill-related lawsuits against BP Plc should be merged...
More Headlines

28 July 01:00
Contrary to other industries’ credit woes, Israel’s cash-laden Radvision has announced an offer to repurchase nearly a million of its shares representing 5% of the company’s voting power…
More Precedent

26 July 01:30
Much of the US$55 billion in outbound investment, invested in the first half of 2010 by Chinese entities, can be credited to agile corporate counsel. Navigating through the maze of China’s outbound investment laws, these lawyers…
Precedent Watch

26 July 01:05
The BlackBerry, made by Canada's Research In Motion, is open to misuse that poses security risks to the United Arab Emirates, which said on Sunday it would seek to safeguard its consumers and laws...
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26 July 01:00
Bahrain plans to privatise national carrier Gulf Air as soon as possible encouraged by positive results in its restructuring...
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25 July 12:03
Vodafone Qatar and Qatar Telecom on Saturday both welcomed a ruling by regulators in a dispute over Virgin Mobile's entry to the local market, but there were signs the battle may have further to run...
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22 July 03:00
The oil and gas exploration and drilling industry faces a legal landscape being rapidly transformed by a yet-to-be determined number of lawsuits and several legislative proposals on the congressional fast track…
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22 July 02:18
Struggling state firm Dubai World is ready to use a special tribunal to force rebel lenders into line on plans to delay repayment of $14.4 billion in debts...
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22 July 00:30
For all the drama of high seas brigandage, many of the risks and costs go unpublicized. Wherever there’s insurance, litigation follows…
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21 July 23:10
U.S. lawmakers called for tough new measures to punish China for its failure to stop widespread piracy and counterfeiting of U.S. goods ranging from music CDs to manufactured products…
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21 July 12:35
Algeria is considering tightening its rules on how the price is set when the state buys a foreign-owned firm, a step which could cost Egypt's Orascom Telecom billions of dollars...
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21 July 00:30
U.S. and Chinese media companies have at least thing in common – no it’s not their love of kung fu movies. Companies on both sides of the Pacific are restructuring…
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19 July 05:02
Abu Dhabi and U.S.-based United Technologies plan an $800 million military aircraft maintenance and repair joint venture based in the United Arab Emirates to service the UAE and other countries...
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18 July 00:30
In a move which signals Dubai’s recognition of fund management as a core business, the emirate has amended its regulatory regime to ease burdens on…
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16 July 02:30
A recently enacted tax disclosure law from China is threatening to take the world by storm, even shaking public markets in the U.S., Hong Kong, Canada and Bermuda…
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16 July 02:15
A newly hatched Malaysian IPO demonstrates the lure of iconic American brands, yet in a decidedly un-American style offering...
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16 July 01:30
The U.S. Senate approved legislation to overhaul the financial system and usher in new rules for Wall Street, sending it to President Barack Obama to sign into law...
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15 July 00:00
Pirate attacks globally declined by nearly a fifth in the first half of 2010 from the same period last year due to a strong naval presence in the Gulf of Aden…
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14 July 12:55
Iran's government has sold an 18 percent stake in Iran Khodro, the Middle East's biggest carmaker, for the equivalent of about $430 million...
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14 July 02:30
Major pharmaceutical deals, like those involving Teva and Pfizer, are unfolding under the twin pressures of healthcare reform in the U.S. and downward price pressure on...
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11 July 14:33
Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening the energy exporter's trend towards economic nationalism...
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11 July 08:29
Troubled state conglomerate Dubai World has invited creditors to a July 22 meeting to offer details on its multi-billion dollar debt restructuring, the first session to include all lenders since December 2009...
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08 July 05:28
The European Court of Justice ruled that Portugal's golden share in Portugal Telecom was illegal, opening the way up to a possible conclusion of PT's sale of its Brazilian Vivo unit to Spain's Telefonica...
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08 July 02:29
The global aerospace and defense industry is in slowdown mode but Middle Eastern countries are bucking the trend thanks to heavy investments in the sector and a growing wealthy population...
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08 July 01:45
On a rocky volcanic outcrop set in the deep and treacherous waters of a vital strait linking Europe to Asia, Yemen's coastguard is building a base to help secure one of the world's busiest waterways...
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05 July 11:09
Iranian officials accused Germany, Britain and the United Arab Emirates on Monday of refusing to refuel Iranian passenger planes in response to tougher U.S. sanctions over its nuclear programme...
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02 July 08:23
Washington's refusal to let Jordan exploit its own uranium deposits to make nuclear fuel has held up nuclear cooperation talks and the two sides are a long way from any deal...
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30 June 13:31
Algeria's government has submitted to parliament a draft law that will allow it to set price controls on all consumer goods and services as part of a campaign to curb inflation...
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30 June 06:50
Egypt is likely to remain an Islamic finance laggard, hit by bad press from corruption scandals and a government keen to buttress its secular credentials and stymie Islamists ahead of elections next year...
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