Category Archives: Law

Law Press Releases & News distributed via EuropaWire

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