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Court slashes damages to be paid by ex-trader Kerviel

2016-09-23 14:38:09| BBC News | Business | UK Edition

A French appeals court has slashed the amount that rogue trader Jerome Kerviel has to pay his former employer Societe Generale to 1m.

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Kentucky high court says governor illegally cut university budgets

2016-09-22 16:56:00| American School & University

Supreme Court decision says Gov. Matt Bevin exceeded his authority when he ordered a 2 percent cut in state universities' budgets. read more

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Aberthaw power station breached emissions limit, rules EU court

2016-09-21 13:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A coal-burning power station in Wales repeatedly violated pollution controls for nitrogen oxide emissions, the European court of justice (ECJ) in Luxembourg has ruled. It ordered the UK to pay the European commissions legal costs after ruling that Aberthaw power station, near Barry in the Vale of Glamorgan, should not have been allowed to exceed specially negotiated pollution limits. The decision prompted calls from Greenpeace and Friends of the Earth for the power station to be shut permanently...

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EU court rules against Britain over power plant emissions

2016-09-21 12:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain failed to respect European Union limits on nitrogen oxide emissions from a coal-fired power plant in Wales, the European Court of Justice said on Wednesday. The European Commission launched an inquiry in May 2012 into the environmental credentials of the Aberthaw plant and took Britain to court in March 2015. Britain can now expect a fine and will have to pay the Commission's legal costs. EU member states were required to reduce emissions from large combustion plants by the start of 2008,...

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EU court bypasses European Commission on termination rates

2016-09-15 16:29:00| Telecompaper Headlines

(Telecompaper) A national court can set rates for mobile and fixed termination, according to a ruling by the EU Court of Justice in a case brought by Dutch operators against the national regulator ACM. The court must take account of the recommendations from the European Commission on termination, but can vary from these based on the specific circumstances of the local market. The opinion follows a case brought by the Dutch operators against the ACM's decision of August 2013 setting new termination rates. The Dutch corporate appeals court suspended the ACM's decision and set higher rates. The Dutch judge can now issue a final ruling in the case, which disputed whether the Bulric or Bulric Plus methods should be used for determining rates. The ACM aims to issue its own decision within the month, now that the long-running case has a definitive answer.

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