Category Archives: Law

Law Press Releases & News distributed via EuropaWire

Telefónica, CaixaBank and Banco Santander joint e-commerce venture cleared under EU Merger Regulation

16-8-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between the Spanish telecommunications operator Telefónica and two Spanish banks, CaixaBank, controlled by La Caixa–Caja de Ahorros, and Banco Santander. The … Read the full press release

EC invites comments from interested parties on German railway incumbent Deutsche Bahn commitments concerning its pricing system for traction current in Germany

16-8-2013 — /EuropaWire/ — The European Commission is inviting comments from interested parties on commitments offered by the German railway incumbent Deutsche Bahn (DB) regarding its pricing system for traction current in Germany. Traction current is electricity used to power locomotives. … Read the full press release

Central Bank of Malta released H1-2013 euro banknote counterfeiting data

15-8-2013 — /EuropaWire/ — In the first half of 2013, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 877 pieces. Consequently the overall quantity of counterfeits withdrawn from circulation from January to June 2013 … Read the full press release

Anti – money laundering agreement signed between Autorità di Informazione Finanziaria of Holy See/Vatican City State and Unità di Informazione Finanziaria per l’Italia

13-8-2013 — /EuropaWire/ — On the 26th of July 2013 Autorità di Informazione Finanziaria of Holy See/Vatican City State (AIF) and Unità di Informazione Finanziaria per l’Italia (UIF) signed a Memorandum of Understanding to allow reciprocal cooperation for the prevention of … Read the full press release

Rabobank’s outlook on EU beet sugar producers and cane refiners in the light of abolition of sugar quotas and minimum beet prices

12-8-2013 — /EuropaWire/ —  Recent reforms to the EU Common Agricultural Policy (CAP) included changes to the region’s sugar regulations, with a new sugar regime entering into force in 2017. With the abolition of sugar quotas and minimum beet prices, … Read the full press release

Update on the European Union most important on-going and forthcoming free trade agreements

02-8-2013 — /EuropaWire/ — Over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new … Read the full press release

France’s €571.9M restructuring aid granted to PSA Peugeot Citroën group has been approved by the European Commission

30-7-2013 — /EuropaWire/ — Following an in-depth investigation (see IP/13/392), the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market. In particular, the updated structuring plan will help to restore … Read the full press release

EU Court of Justice’s judgment in the cartel on elevator and escalator market case C-501/11 P

Luxembourg, 30-7-2013 — /EuropaWire/ — The Schindler group is one of the largest groups in the world supplying elevators and escalators. Its parent company is Schindler Holding, established in Switzerland. The Schindler group operates through national subsidiaries, which include Schindler Management AG … Read the full press release

The European Commission updates EU rules to complete the legal framework for Europe-wide patent protection

30-7-2013 — /EuropaWire/ — The European Commission has today proposed to complete the legal framework for Europe-wide patent protection by updating EU rules on the jurisdiction of courts and recognition of judgements (the so-called “Brussels I Regulation”). The changes will prepare … Read the full press release

US Federal Circuit Court invalidated patents asserted against Sandoz by Teva Pharmaceuticals in litigation over generic version of Copaxone

Princeton, New Jersey, 29-7-2013 — /EuropaWire/ — Sandoz announced today that the US Federal Circuit Court of Appeals has invalidated several patents asserted against the company by Teva Pharmaceuticals in litigation concerning a generic version of Copaxone® – one of the leading … Read the full press release

Technicolor acquired patents and patent applications from Sony Corporation covering broad range of technologies for smartphones and tablets

Paris (France), 29-7-2013 — /EuropaWire/ — Technicolor (Euronext Paris: TCH) today announced the signature of an intellectual property collaboration agreement with Sony Corporation (NYSE:SNE), which strengthens its strategic patent licensing initiative in the field of smartphones. Technicolor has acquired select patents … Read the full press release

National Bank of Greece announced Probank license revoked and bank’s assets and liabilities transferred

29-7-2013 — /EuropaWire/ — Probank, a small bank with a market share in the range of 1 per cent in terms of assets, has informed the Bank of Greece that it has not managed to raise the funds required for its … Read the full press release

Unilever’s Audit Committee invites leading accountancy firms to tender for its statutory audit contract

London/ Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that its Audit Committee will invite leading accountancy firms to tender for its statutory audit contract. PricewaterhouseCoopers’ appointment will expire upon completion of their audit of the accounts for the year ending … Read the full press release

Eesti Pank: Estonia issued cards involved in fradulent transactions were 0.002% of all EU card transactions

25-7-2013 — /EuropaWire/ — The report published last week by the European Central Bank on card fraud showed that card payments have become more secure due to technological advances and that the share of card transactions that are fraudulent has fallen … Read the full press release

CEP President Marc Cerón travelled to Brussels over discussions in the field of probation with the European Commission

25-7-2013 — /EuropaWire/ — The European Commission is keen to hear what is happening in the field of probation from CEP, for this reason President Marc Cerón travelled to Brussels to meet with Mr. Telmo Baltazar. He is Member of the … Read the full press release

New EU lobbying report reveals MEPs code of conduct failing to prevent potential conflicts of interest

23-7-2013 — /EuropaWire/ — The new code of conduct for MEPs is failing to prevent potential conflicts of interest in a number of specific cases, finds a new report released today. The research conducted by Friends of the Earth Europe, Corporate Europe Observatory, … Read the full press release

Netherlands largest insurance company Achmea and National Federation of Christian Trade Unions to cooperate on personal legal assistance services and non-life insurance

Zeist, 23-7-2013 — /EuropaWire/ — The CNV (National Federation of Christian Trade Unions in the Netherlands) and Achmea, the largest insurance company of the Netherlands, recently signed a declaration of intent to cooperate on providing personal legal assistance services and … Read the full press release

FATF President Vladimir Nechaev keynote address at the 16th Annual Meeting of the Asia Pacific Group on Money Laundering in Shanghai, China

Shanghai, 22-7-2013 — /EuropaWire/ — Distinguished Co-Chairs, delegates and colleagues, It is a great pleasure for me to be here with you in Shanghai for the 16th APG Annual Meeting. At the outset, I would like to thank APG for giving me … Read the full press release

European Data Protection Supervisor (EDPS) finds EC’s smart borders proposal costly, unproven and intrusive

22-7-2013 — /EuropaWire/ — There is no clear evidence that the Commission Proposals to create a smart border system for the external borders of the EU will fulfil the aims that it has set out, said the European Data Protection Supervisor (EDPS) today. Following the … Read the full press release

SCM Group and SMART Group transferred blocks of shares in five assets to Metinvest B.V., the parent company of steel and mining group of companies

22-7-2013 — /EuropaWire/ — Metinvest B.V., the parent company of an international vertically integrated steel and mining group of companies (jointly referred to as “Metinvest” or “Metinvest Group”), today announced that as part of ongoing business restructuring, SCM Group, as envisaged … Read the full press release

The European Commission announced it cleared the acquisition of US based MEI Group by Crane Co. subject to divestments in Canada and Germany

19-7-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of MEI Group by Crane Co., both of the United States. MEI and Crane both manufacture various unattended payment systems. The clearance is conditional … Read the full press release

ECTAA welcomes EU Vice President Reding’s long awaited proposal for a revision of the Package Travel Directive

19-7-2013 — /europawire.eu/ — Since 2009 the European Commission has been working on the revision of the Package Travel Directive. This legislation is no longer adapted to the market of today and the wide-spread use of the internet. There are now … Read the full press release

ETNO commissioned study of The Boston Consulting Group details how EU telecom regulation reform could deliver €750 Billion in GDP growth and 5.5 Million Jobs

Telecoms Regulation Reform Could Deliver EU Countries up to €750 Billion in GDP growth and 5.5 Million Jobs BRUSSELS, 19-7-2013 — /europawire.eu/ — With significant reform of the current patchwork system of regulations governing telecommunications in the European Union there could … Read the full press release

FrieslandCampina to reduce Friso products range prices in China

19-7-2013 — /europawire.eu/ — FrieslandCampina Trading (Shanghai) Co., Ltd. announces today it is fully cooperating with the Price Supervision and Anti-Monopoly Bureau under China’s National Development and Reform Commission (NDRC) as part of an anti-trust investigation. FrieslandCampina supports the NDRC’s objective … Read the full press release

Saint-Gobain issued update on the Verallia North America acquisition following complaint filed by the US Federal Trade Commission

19-7-2013 — /europawire.eu/ — On January 17, 2013, Compagnie de Saint-Gobain has accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around €1,275 million), representing 6.5 times 2012 EBITDA (around $261 million). The … Read the full press release

Greece referred to European Court of Justice for failure to recover incompatible aid

18-7-2013 — /europawire.eu/ — The European Commission has referred Greece to the European Court of Justice (ECJ) for failing to comply with two distinct Commission decisions that ordered Greece to recover incompatible state aid from three Greek casinos (see IP/11/635) and from … Read the full press release

The Praha 1 District Court judgment in favour of Komerční banka over mortgage loan administration bank fees case

Prague, 18-7-2013 — /europawire.eu/ — The Praha 1 District Court delivered yesterday its judgment in favour of Komerční banka in the case of a client demanding refund of the bank fees charged for mortgage loan administration. Within a short span of time, this … Read the full press release

Michelin announces it will license free of charge any of its patents that would overlap with the adoption of RFID standards

18-7-2013 — /europawire.eu/ — Reliable identification of tires with embedded RFID1 technology already has shown how it can improve tire tracking throughout its life cycle. Michelin group has been an internationally recognized leader for creating and fostering harmonized international standards for Tire RFID1. … Read the full press release

FBI’s Next Generation Identification system integrated by Lockheed Martin incorporates Morpho’s latest algorithms to process and match latent finger and palm prints

Alexandria, Va., 18-7-2013 — /europawire.eu/ — FBI’s Next Generation Identification (NGI) system improvements that became operational in May include a threefold increase in latent fingerprint search accuracy and create the first nationwide palm print identification system thanks to biometric technology developed by Morpho … Read the full press release

Support granted by Latvia to Latvian Mortgage and Land Bank found in line with EU state aid rules

17-7-2013 — /europawire.eu/ — The European Commission has found support granted by Latvia for the transformation of the Latvian Mortgage and Land Bank (MLB) to be in line with EU state aid rules. In particular, the sale of MLB’s commercial assets … Read the full press release

EC to investigate public cable infrastructures transfer to French private telecom Numéricâble

17-7-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to verify whether the transfer of public cable infrastructure between 2003 and 2006 by several French municipalities to the French Telecom operator Numéricâble was in line with EU state … Read the full press release

UK government opened consultation on the Banking Reform Bill secondary legislation

The government opened its consultation on the Banking Reform Bill secondary legislation today. 17-7-2013 — /europawire.eu/ — This is the latest step in the government’s plan to create a stronger and safer banking sector. The Banking Reform Bill will fundamentally reform the … Read the full press release

EC’s proposal to ban the use of the posing an acute risk to Europe’s honey bee population Fipronil insecticide backed by Member State experts

16-7-2013 — /europawire.eu/ — A Commission proposal to restrict the use of Fipronil, an insecticide which has recently been identified as posing an acute risk to Europe’s honey bee population, was backed by Member State experts meeting today in the Standing … Read the full press release

EU Court of Justice’s Advocate General Jääskinen issued opinion in Case C-262/12 Vent de Colère and Others

The financial burden arising from the obligation to purchase the electricity generated by wind turbines at more than the market price applies to all electricity consumers in France 16-7-2013 — /europawire.eu/ — According to EU law, as interpreted by the Court … Read the full press release

EU Ombudsman concludes EC did not exceed its powers by hosting photo exhibition on same-sex couples

16-7-2013 — /europawire.eu/ — According to the European Ombudsman, P. Nikiforos Diamandouros, the European Commission did not exceed its powers by hosting a photo exhibition on same-sex couples. He advised the Commission, however, to make it clearer in future exhibitions that it does … Read the full press release

European Central Bank card fraud report reveals declining trend since 2007

16-7-2013 — /europawire.eu/ — Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central … Read the full press release

VINCI appeals the Administrative Tribunal’s decisions to revoke building permits of University of Paris VII (Diderot) buildings

Rueil-Malmaison,  16-7-2013 — /europawire.eu/ — On 2 July, the Paris Administrative Tribunal revoked the building permits of two of the four University of Paris VII (Diderot) buildings built by VINCI under a partnership agreement. As a partner of the public authorities, … Read the full press release

Europe’s largest home improvement retailer Kingfisher plc confirmed French tax case settled in Kingfisher’s favour

16-7-2013 — /europawire.eu/ — Kingfisher plc, Europe’s largest home improvement retailer, today confirms that the Conseil d’Etat, France’s ultimate court, has considered an outstanding tax case dating back to 2003 and found in Kingfisher’s favour. There is no impact on Kingfisher’s … Read the full press release

UK CAA informed by EASA for the suspension of pilot training approval of Euro American School of Aviation in Florida

16-7-2013 — /europawire.eu/ — The UK Civil Aviation Authority (CAA) has been informed by the European Aviation Safety Agency (EASA) that it suspended the pilot training approval of Euro American School of Aviation, based in Florida, (UK/FTO-226) on the 19 April … Read the full press release

DB Schenker inaugurates its own Laos legal entity Schenker (Lao) Sole Co., Ltd.

Berlin/Essen/Vientiane, 15-7-2013 — /europawire.eu/ — DB Schenker has established its own legal entity in Laos and will now operate under the name of Schenker (Lao) Sole Co., Ltd., to better serve its customers across the region. Although present in the country … Read the full press release