CORPORATIONS
JURIST legal news archive...




US imposes new sanctions on 30 groups with ties to Iran
August 30, 2014
US National Security Council spokesperson Caitlin Hayden announced on Friday that the White House is placing new sanctions on over 30 organizations and individuals with ties to Iran. The sanctions come as the US continues to negotiate with Iran regarding the future of the country's controversial nuc....... [more]

Germany publishes new draft cybersecurity law
August 30, 2014
The German Federal Ministry of the Interior on Friday published its revised proposal for a new IT security law. The draft law seeks to protect the privacy of German citizens and improve the IT security of companies operating in the country by imposing new minimum security requirements on telecommuni....... [more]

Federal judge denies Apple request to ban Samsung phones, tablets
August 28, 2014
Judge Lucy Koh of the US District Court for the Northern District of California on Wednesday denied a request by Apple for a permanent injunction barring Samsung Electronics from selling products that infringe on Apple's patents. The Cupertino based tech company had sought to ban the sale of certain....... [more]

Japan court finds Fukushima power plant operator liable for woman's suicide
August 26, 2014
The district court in Fukushima, Japan, ruled Tuesday that a woman's family may be compensated for her death after determining that her depression and suicide were caused by the March 2011 nuclear meltdown of a nearby power plant. The family of chicken farmers lived in their mortgaged home in Yamaki....... [more]

India supreme court rules coal mining licenses illegal
August 25, 2014
The Supreme Court of India ruled Monday that all coal mining licenses awarded between 1993 and 2010 are illegal. The court found that the licenses failed to comply with the Mines and Minerals (Development and Regulation) Act of 1957; Section 3(3)(a)(iii) of the Coal Mines (Nationalisation) Act of 1....... [more]

Bank of America reaches $16.65 billion settlement with DOJ
August 21, 2014
The US Department of Justice (DOJ) on Thursday announced a $16.65 billion settlement with Bank of America (BOA) to settle claims that it sold precarious mortgage-backed securities to investors. Of the $16.65 billion, $9.65 billion will be split among federal and state entities while the remaining $7....... [more]

Mexico environmental agency sues copper mining company over spill
August 20, 2014
The Mexican Attorney General for Environmental Protection (PROFEPA) on Monday filed a criminal complaint against copper mining companies Buena Vista del Cobre, SA de CV and Minera Mexico following a massive acid spill on August 6 near the US border with Mexico. The spill has affected drinking water....... [more]

Federal judge approves final settlement in Wells Fargo investment case
August 19, 2014
A judge for the US District Court for the District of Minnesota on Monday approved a settlement for $62.5 million between Wells Fargo & Co and large institutional clients who lost money in an investment program known as securities lending. US District Judge Donovan Frank also awarded attorneys f....... [more]

Euro investors appeal ruling in Argentina debt case
August 16, 2014
Holders of Argentina's euro-denominated bonds filed a notice of appeal Friday of a US District Court for the Southern District of New York's ruling barring the country from making interest payments on the notes until first paying $1.5 billion to a group of hedge funds. Also on Friday the court grant....... [more]

Federal judge rejects settlement in tech company hiring case
August 10, 2014
A judge for the US District Court for the Northern District of California on Friday rejected a bid by Adobe Systems Inc., Apple, Google and Intel to settle ongoing antitrust litigation brought by employees in the technology industry. The corporations filed a motion in June requesting the leave of th....... [more]

Apple, Samsung agree to forgo international patent lawsuits
August 8, 2014
Apple and Samsung on Wednesday agreed to drop all patent infringement lawsuits in courts outside of the US. The move will result in the abandonment of litigation in nine countries, including South Korea, Japan, Australia, the Netherlands, Germany, France, Italy, Spain and Great Britain. The two comp....... [more]




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