Mediaset, Vivendi head to court after talks to end three-year dispute fail

MILAN/PARIS (Reuters) – Italian broadcaster Mediaset (MS.MI) and French media group Vivendi (VIV.PA) headed to court on Friday after overnight talks to end their three-year legal dispute failed to reach an agreement, sources close to the matter said. FILE PHOTO: The Vivendi logo is pictured in Paris, March 10, 2016. Continue Reading

U.S. Supreme Court to review SEC’s power to recover ill-gotten gains

WASHINGTON (Reuters) – The U.S. Supreme Court on Friday agreed to hear a challenge to the ability of the Securities and Exchange Commission to recover ill-gotten profits obtained through misconduct in a case from California that could weaken the agency’s enforcement power. FILE PHOTO: The exterior of the U.S. Supreme Continue Reading

U.S. effort to disqualify Huawei’s lead lawyer goes to court

(Reuters) – A former U.S. Justice Department official who now represents Huawei Technologies is expected in Brooklyn federal court on Wednesday to defend his right to represent the Chinese company against U.S. charges of bank fraud and sanctions violations. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen Continue Reading

U.S. court rules against Maduro bid to oust opposition-backed Citgo board

HOUSTON (Reuters) – The board of Citgo Petroleum appointed by Venezuela’s congress chief was properly seated, a U.S. court ruled, dealing a blow to contested Venezuelan President Nicolas Maduro’s efforts to retake control of the Texas-based refiner. FILE PHOTO: The Citgo Petroleum Corporation headquarters are pictured in Houston, Texas, U.S., Continue Reading

Swiss supreme court gives green light to UBS client data transfer to France

LAUSANNE, Switzerland (Reuters) – Switzerland’s supreme court on Friday voted in favor of handing over historical data on over 40,000 UBS clients to French authorities in a landmark ruling. Three of the five judges voted in favor of overthrowing the lower court’s ruling that had stopped the data transfer. The Continue Reading

American Airlines asks court to end ‘devastating’ slowdown by unions

FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019. Photo taken May 10, 2019. American Airlines/Handout via REUTERS (Reuters) – American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics’ Continue Reading

New York court dismisses whistleblower’s libel suit against UBS

FILE PHOTO: The logo of Swiss bank UBS at an office building in Zurich July 27, 2015. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank Continue Reading