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Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:53:17| Wireless - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

Tags: net due posts lower

 

Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:44:50| Telecom - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

Tags: net due posts lower

 
 

Court blasts Morrison Foerster for 'nonsensical' legal theories...

2015-04-30 14:18:11| Semiconductors - Topix.net

A California appeals court is criticizing "nonsensical" legal theories and litigation tactics that were "inconsiderate at best" in a case brought and then dropped by a client of Morrison & Foerster. The California Court of Appeal, Sixth Appellate District, ordered the client, Cypress Semiconductor Corp., to pay about $180,000 in attorney fees as the losing party in the trade secrets case, the Recorder reports.

Tags: legal court theories morrison

 

Appeals court rules for California in energy crisis claim

2015-04-30 06:33:12| Energy - Topix.net

A federal appeals court on Wednesday sided with California in its attempt to win hundreds of millions of dollars in refunds from energy sellers accused of overcharging utilities during the state's energy crisis more than a decade ago. The Federal Energy Regulatory Commission improperly dismissed the claim by California officials, a panel of the 9th U.S. Circuit Court of Appeals ruled.

Tags: rules california energy court

 

Maritime authorities report Iran seized Maersk's vessel after a court order

2015-04-30 01:00:00| Ship Technology

The Iranian Port and Maritime Organisation has said that Maersk Tigris container ship was arrested according to the Legal Court of Tehran over a longstanding commercial dispute.

Tags: order report court iran

 

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