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Telia balks at USD 1.4 bln settlement in Uzbekistan probe

2016-09-15 08:43:00| Telecompaper Headlines

(Telecompaper) Telia has received proposed settlement from US and Dutch authorities over investigations into its activities in Uzbekistan that would cost the company around USD 1.4 billion (SEK 12 billion). The company has been under investigation since the spring of 2014 over suspected bribery in obtaining its licence in Uzbekistan. Telia said it received new information from the authorities with proposals on a settlement. The information did not go into much detail, but suggests a total settlement amount of approximately USD 1.4 billion for all investigations. Telia chairman Marie Ehrling said in a statement that the company was prepared to take full responsibility for the "unethical and wrongful way" in which it entered the Uzbekistan market. However, "our initial reaction to the proposal is that the amount is very high", she said. The company will consider the information from the Dutch and US prosecutors before decide how to proceed in negotiations.

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Excerpts from Settlement Agreement Between DOJ and City of Portland (updated 9-9-16)

2016-09-09 21:50:44| PortlandOnline

Sections from Section IX and other paragraphs of a legal Settlement Agreement between the City of Portland and the U.S. Department of Justice regarding police response to people in mental health crisis; and interactions with Portlands diverse communities PDF Document, 274kbCategory: ONI Blog

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Excerpts from the Settlement Agreement Between DOJ and City of Portland

2016-09-06 21:25:10| PortlandOnline

Excerpts from the Settlement Agreement Between DOJ and City of Portland PDF Document, 60kbCategory: COCL/COAB

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Asos to pay GBP20m in trademark dispute settlement

2016-09-02 16:10:00| Daily apparel & textile news and comment - from just-style.com

Asos is to pay more than GBP20m (US$26.7m) to two European retailers over an alleged trademark infringement on their names following a six-year battle with the online fashion retailer. 

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Viacom boss set to depart following $72m settlement

2016-08-19 22:43:30| BBC News | Business | UK Edition

Viacom's chief executive is expected to leave following a fraught battle for control of the US media giant

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