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Lenders advised to check contracts after Commerce Commission case
2016-04-17 06:11:57| Auto Dealers - Topix.net
Dealer Finance's settlement with the Commerce Commission over loan payments had promoted the Financial Services Federation to warn its members to check their own loan contracts. The Financial Services Federation has advised its 50-plus members to review their loan contracts after Christchurch-based Dealer Finance agreed to repay nearly 5000 over-charged borrowers.
Tags: check
case
commerce
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TCS to appeal in higher court after $940 mn fine in US trade secret case
2016-04-16 18:45:41| IT Services - Topix.net
Stating that there was no IP infringement in the Epic Systems case, India's largest software services firm Tata Consultancy Services today said it plans to "defend its position vigorously in appeals to higher courts". The Mumbai-based firm said it remains committed to protecting IP as well as its reputation and financial interests fully.
First reported case of Zika virus transmitted by anal sex
2016-04-16 10:19:05| Biotech - Topix.net
"Both vaginal and anal sex is an emerging mode of Zika virus infection that might contribute to more illness than was anticipated," said US Centers for Disease Control and Prevention researchers in their report. The CDC has suggested that both straight and LGBT couples use condoms after travelling to regions afflicted by Zika, which now includes 33 nations in the Americas.
Drug manufacturer must pay $125M in health care fraud case
2016-04-16 02:35:06| Biotech - Topix.net
" A federal judge in Boston has ordered the former pharmaceutical company Warner Chilcott to pay $125 million to resolve criminal and civil claims in a health care fraud case. U.S. District Judge F. Dennis Saylor IV imposed the sentence Friday, six months after the company pleaded guilty in connection with a scheme to illegally promote its drugs.
Wisconsin justices send lead paint case back to lower court
2016-04-15 22:09:36| Chemicals - Topix.net
Wisconsin's Supreme Court justices said Friday that they are deadlocked on whether lawmakers improperly barred attorneys from using a legal theory supporting dozens of lead paint poisoning lawsuits and have asked a lower court to make a decision. The high court said it came to a 3-3 impasse on whether the Legislature acted properly in banning lawyers in 2013 from using the risk contribution theory as the basis for all pending lead paint poisoning lawsuits.
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