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District Court Grants Motion to Dismiss for Lack of Standing on the Eve of Trial

2015-04-08 10:37:59| Telecom - Topix.net

Plaintiff Labyrinth Optical Technologies LLC filed a patent infringement action against Defendant Alcatel-Lucent USA, Inc. , alleging that Lucent infringes U.S. Patent No. 8,103,173 .

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Court to Pronounce Verdict in Satyam Case on April 9

2015-04-08 09:22:25| IT Services - Topix.net

A special court here trying the multi-crore accounting fraud in erstwhile Satyam Computer Services Ltd will pronounce its judgement in the CBI- probed case tomorrow. During the last hearing on March 9, Special Judge BVLN Chakravarthi said, "On April 9, the judgement will be pronounced.

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Court Finds In Favor Of Harbinger On $50 Million Claim Involving...

2015-04-07 19:08:18| Food - Topix.net

In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.

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Court Finds In Favor Of Harbinger On $50 Million Claim Involving...

2015-04-07 19:04:43| Agriculture - Topix.net

In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.

Tags: million court claim favor

 

Kerala's High Court agrees with spirits ban

2015-04-07 17:30:00| Daily beverage news and comment - from just-drinks.com

The High Court in the Indian state of Kerala has upheld a ban on bars and hotels serving spirits.

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