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Disney, Others Get Sanctions In Phone Patent Suit

Law360, New York (November 26, 2008) -- A federal judge has turned a patent infringement suit brought by Triune Star Inc. over cell phone cameras on its head, calling Triune's complaint frivolous and granting sanctions to defendants Pantech & Curitel Communications Inc., LG Electronics and the Walt Disney Co.'s mobile phone division.

Sanctions Upheld Against Lawyer for Informing Client About Trade Secrets

Twelve years into a trade secrets dispute between an animal vaccine manufacturer and a former employee, lawyers for the manufacturer attempted to submit a document under seal that contained the purported secrets.

Sanctions Upheld Against Lawyer for Informing Client About Trade Secrets

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Symonds escapes sanctions

ANDREW Symonds' international career will continue after Cricket Australia cleared him of any wrong doing in a widely-reported bar fight.

US Imposes Banking Sanctions on Iran

The U.S. Treasury has moved to further restrict Iran's access to the U.S. financial system, by banning certain money transfers.

Swan urges banks to pass on cuts as inflation turnaround sanctions move

Australian inflation is slowing much faster than earlier thought while manufacturing activity hit record lows in November, strengthening the case for a steep cut in interest rates this week, forcing Treasurer Wayne Swan to urge lenders to play their part to help boost economy by passing on the cut.

Court sides with Navy in sonar-whales case

WASHINGTON (CNN) -- The Supreme Court on Wednesday lifted sanctions placed on the Navy over its underwater sonar testing, a setback for environmental groups that claimed the warfare technology was harming whales and other marine mammals.

U.N. Rules Against Cuba Embargo, Again

Cuba's warm sunsets have been chilled by the Cold War breeze of strict economic sanctions for nearly 50 years now: The American embargo policy that started with President John F. Kennedy has outlasted nine American presidents, and even Fidel Castro's rule.

U.S. urges vigilance against Iranian banks in Dubai

ImageABU DHABI (Reuters) - Iranian banks are operating in the Gulf financial hub of Dubai despite U.N. sanctions and authorities should keep a close eye on them, a U.S. official involved in tracking suspicious financial activity said on Wednesday.

'Harsh punishment can curb slow over-rate menace'

Cricket Australia CEO James Sutherland has advocated introduction of harder punishments for slow over-rate in Test cricket, saying the current system lacks sanctions and remedies to curb the menace.

Concerns About ACTA In EU, Canada

Elektroschock writes "An EU document on the Anti-Counterfeiting Treaty was leaked. The main purpose of the trade agreement is to impose the European enforcement measures for IPR infringements on the US and emerging economies, widen the enforcement measures to include criminal sanctions for patent infringements, and introduce internet content filtering measures. Civil society groups such as the FFII criticize the ACTA process because negotiation documents are not made publicly available by the governments. The EU document ('fact sheet') from the EU Trade Commissioner explicitly mentions: 'Internet distribution and information technology — e.g. mechanisms available in EU E-commerce Directive of 2000, such as a definition of the responsibility of internet service providers regarding IP infringing content.

Citigroup Global Markets Fined $300,000 for Failing to Supervise Commissions Charged to Customers on Stock and Option Trades

WASHINGTON (Business Wire) -- The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Citigroup Global Markets, Inc. of New York $300,000 for failing to reasonably supervise the commissions its brokers charged on stock and option trades. Although not part of the formal sanctions, the firm has offered to reimburse affected customers.

Cricket Australia chief recommends harsher penalties

SYDNEY (Agencies): Cricket Australia (CA) has suggested a more stringent system of punishment for slow over-rates and the authorities are likely to discuss the issue which might include penalties like docking of championship or rankings points. CA chief executive James Sutherland said the game lacked the necessary sanctions to prevent teams falling behind in their allocated overs, like the scenario in Nagpur last week when Ricky Ponting's side blew a golden opportunity to save the series by bowling part-timers in order to make up a nine-over shortfall. ''Umpires certainly have that responsibility out on the ground, but they have a responsibility to communicate (about slow over rates). They don't necessarily have a remedy or a stick in their hand to deal with that,'' Sutherland was quoted as saying by The Age today.

NYCL Responds To RIAA Accusations

NewYorkCountryLawyer writes "You may recall that when the RIAA decided to run away with its tail between its legs in the long running Brooklyn case against a home health aide who has never used a computer, UMG v. Lindor, it decided to take some parting shots at the defendant and NewYorkCountryLawyer, asking for 'discovery sanctions,' and blaming them for its inability to prove its case. Today NYCL gave them his response, accusing the RIAA lawyers of persistent misstatements of fact (PDF) throughout their motion papers, and of flouting the rules and misstating the law (PDF). Although the RIAA's motion papers took a number of shots at NYCL's copyright law blog, 'Recording Industry vs. The People,' NYCL confined his response on that subject to a single footnote.

Vodafone Seeking To Postpone India's 3G Auction

Vodafone (NYSE: VOD), which operates as Vodafone Essar in India, is seeking to postpone the country’s 3G auctions, currently scheduled for December. The reason? The global financial crisis, reports the Economic Times. In a communication sent to India’s Department of Telecom (DoT)Emerging markets director Neil Gough said, “Mobilising financial commitments in the current environment is proving to be an extended process. Borrowers could expect the process to take three months from the beginning to end (some banks are currently taking in excess of one month to obtain their credit sanctions) with no guarantee of success. In this environment, we suggest that the department provides a very minimum of one-month’s notice of the specific date of the auction and preferably longer.

Former Fannie Mae Compliance Lead to Speak at Banking Litigation Conference in January

Former Fannie Mae Compliance Lead to Speak at Banking Litigation Conference in January WASHINGTON, Nov. 24 /PRNewswire/ -- Mealey's Litigation Conferences is pleased to announce that former Fannie Mae compliance lead Megan Kraai has agreed to join the faculty of the Mealey's conference -- The FDIC & the Banking Crisis: Litigation Challenges Past, Present & Future. This fully accredited program is being held at the Westin Grand in Washington, D.C., Jan. 15-16, 2009. Kraai is now partner with DLA Piper in its litigation and regulatory practice group. While with Fannie Mae, Kraai created, implemented and led a risk-based compliance program; developed company-wide policies; developed the company's corporate privacy program; started the company's first OFAC program for compliance with US trade sanctions regulations; and developed and delivered

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