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April 15, 2007
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Court Says U.S. Oversight of Power Industry Was Lax
Tue, 19 Dec 2006 23:33:23 EDT | New York Times
The court ruled that in trying to increase competition in the power industry, national energy officials abdicated their responsibility to ensure fair electricity markets.
Judge Sends Katrina Flooding Lawsuit Back to State Court
Wed, 27 Dec 2006 23:36:29 EDT | New York Times
A federal judge sent back to state court a lawsuit demanding that insurers pay flood damages to thousands of Hurricane Katrina victims.
World Business Briefing: China: Pfizer Wins Patent Ruling
Thu, 28 Dec 2006 23:21:01 EDT | New York Times
A Chinese court has upheld the validity of the drug maker Pfizer?s patent for Viagra, ordering two companies to stop sales of generic versions of the erectile dysfunction treatment and pay compensation for trademark infringements, a court official said. The Beijing No. 1 Intermediate People?s Court ordered the Beijing Health New Concept Pharmacy Company to stop sales of blue pills similar to Viagra, according to a court official. The court also told the Lianhuan Pharmaceutical Company to stop making the pills and to pay Pfizer 300,000 yuan ($38,400) in damages. Pfizer sued Lianhuan and Beijing Health New Concept in September 2005. In June, the same court sided with Pfizer in overturning a 2004 decision by China?s patent review board in ruling against local drug makers keen to sell generic Viagra in China.
Saddam Hussein Granted U.S. Court Hearing on Bid to Block Transfer to Iraq
| newslookup.com
Web Portal Fined for Movie Piracy
Fri, 29 Dec 2006 22:50:44 EDT | New York Times
A Beijing court has ordered the popular Chinese Web portal Sohu.com to pay $140,000 in damages for distributing Hollywood movies online without permission.
World Business Briefings: Both Sides Claim Victory in Austrian Court?s Phone Ruling
Tue, 09 Jan 2007 23:17:30 EDT | New York Times
Vivendi and Deutsche Telekom both claimed victory in their long-running dispute over ownership of the Polish mobile network P.T.C. Vivendi said a Dec. 18 decision by Austria?s top court overturned an arbitration panel ruling that had sought to annul the agreement underpinning Vivendi?s earlier joint venture with Elektrim of Poland. Beginning in 1999, Vivendi invested a total of more than 2 billion euros ($2.6 billion) in the venture with Elektrim, which was set up to control P.T.C. through a 51 percent stake. In a statement, Vivendi said the court ruling had ?definitively and unambiguously? sided with its demand that Deutsche Telekom return either the cash or the shares Vivendi originally bought in P.T.C. Deutsche Telekom claims to own 97 percent of P.T.C., and a spokesman rejected Vivendi?s interpretation of the ruling, saying the top Austrian court had found in his company?s favor. Both companies? statements were issued after court offices in Vienna closed for the day.
Correction: Along Broadway, Jettisoned Cornices Are Being Rebuilt
Fri, 12 Jan 2007 14:16:54 EDT | New York Times
The Streetscapes column last Sunday, about cornices on buildings on Broadway between 81st and 100th Streets, misstated the date for the construction of Haroldon Court, a building by Rouse & Goldstone at 90th Street. It was built in 1922, not 1912.
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