Tag: business law news

Activision fell on concern that the UK may oppose the Microsoft deal

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Rich Polk/Getty Images EntertainmentUpdate 7:50pm: Updates shares, adds Microsoft comment to NYT on UK antitrust review. Activision (NASDAQ:ATVI) fell almost 5% on a report that Microsoft’s legal team (NASDAQ:MSFT) is said to expect that the UK’s antitrust authority may oppose its $69 billion videogame megadeal, according to a New York Times reports on Saturday, which cited four people familiar with the matter. The NYT updated its story later on Monday to include that Microsoft (MSFT) said it believes it has a strong case in the UK and it has not “predetermined,” nor been advised by its lawyers that the…Continue Reading

Case Update: Dwyer v Fredbar in the Court of Appeal

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In our previous article about post-termination restrictive covenants we discussed the High Court case of Dwyer (UK Franchising) Limited v Fredbar Limited [2021] EWHC 1218 as an example of covenants being found unreasonable and therefore unenforceable. Since then, the Claimant has appealed the judgment and the Court of Appeal has once again found in favor of the Defendant. So what does this mean for those trying to enforce, or avoid, restrictive covenants? The Facts The facts of the case are set out in our previous article (link above). However, in short, the Claimant (Dwyer) is the franchisor of ‘Drain Doctor’,…Continue Reading

Case Update: Dwyer v Fredbar in the Court of Appeal

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In our previous article about post-termination restrictive covenants we discussed the High Court case of Dwyer (UK Franchising) Limited v Fredbar Limited [2021] EWHC 1218 as an example of covenants being found unreasonable and therefore unenforceable. Since then, the Claimant has appealed the judgment and the Court of Appeal has once again found in favor of the Defendant. So what does this mean for those trying to enforce, or avoid, restrictive covenants? The Facts The facts of the case are set out in our previous article (link above). However, in short, the Claimant (Dwyer) is the franchisor of ‘Drain Doctor’,…Continue Reading

DHS Released a Notice on the Addition of Entities to the UFLPA Entity List

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On August 4, 2022, the US Department of Homeland Security (DHS), as the Chair of the Forced Labor Enforcement Task Force (FLETF), formally published the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. The Entity list is a consolidated register of the four lists required to be developed and maintained pursuant to Section 2(d)(2)(B) of the UFLPA. DHS also released details on seeking changes to the UFLPA Entity List, including requests for removal from the list. For our previous blog entries on the UFLPA and its implementation, see posts here, here, here, here, here and here. UFLPA requires the Commissioner…Continue Reading

List of 102 Legal Loans Registered at OJK, Update January 2023

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KOMPAS.com – The public continues to be encouraged to use online loan services (pinjol) legally and registered with the Financial Services Authority (OJK). The reason is that currently there are still various illegal loans that can be detrimental to society. Therefore, before using online loan services, it is always necessary to regularly check the list of legal loans on the official OJK website. As usual, OJK will periodically release a list of legal loans that have obtained OJK permits and are legal as of January 2023.Reporting from the official website ojk.go.id there is the latest information regarding the termination…Continue Reading

Manitoba politicians set to pass a host of new laws before heading into election – Winnipeg

Manitoba politicians are working to pass many bills into law by Thursday — the last scheduled sitting before the summer break and the provincial election slated for Oct. 3.Aside from its recently passed budget legislation, the Progressive Conservative government is also set to give First Nations communities more power to enforce laws and collect unpaid fines. Other bills that have passed in recent days or are about to pass include one that would make it easier for victims of sue people who share intimate images without consent. Several bills from opposition parties are also set to be approved in…Continue Reading

Biden, McCarthy reach 2-year US debt limit deal to avert crisis

WASHINGTON — President Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and resolve a looming crisis ahead of a June 5 deadline, the House speakers said. The deal would avert a catastrophic US default, but it also risks angering both Democratic and Republican sides with the concessions made to reach it. Negotiators agreed to some Republican demands for enhanced work requirements on recipients of food stamps that had sparked an uproar from House Democrats as a nonstarter.…Continue Reading

FoxNews v. Dominion: How badly could the Dominion suit hurt Fox News?

Updates: Fox News and Dominion Voting Systems reached a settlement on Tuesday just as the trial was starting. read the latest here. Our earlier story is below.The high-stakes legal battle between Fox News and Dominion Voting Systemsset to kick off in court on Tuesday, poses serious risks for the media company should it lose the defamation case. Most legal experts think Dominion is in a strong position to win, citing the breadth of evidence that has emerged in deposits and court filings, as well as a series of judicial decisions to date that found Fox News statements were false.…Continue Reading