High Court of Justice

Prime Minister announces appointment of new Associate Chief Justice of the Supreme Court of Nova Scotia

Retrieved on: 
Sunday, February 18, 2024

OTTAWA, ON, Feb. 18, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable R. Lester Jesudason, a judge of the Supreme Court of Nova Scotia (Family Division), as the new Associate Chief Justice of the Supreme Court of Nova Scotia (Family Division).

Key Points: 
  • OTTAWA, ON, Feb. 18, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable R. Lester Jesudason, a judge of the Supreme Court of Nova Scotia (Family Division), as the new Associate Chief Justice of the Supreme Court of Nova Scotia (Family Division).
  • Associate Chief Justice Jesudason replaces the Honourable Lawrence I. O'Neil, who elected to become a supernumerary judge effective October 22, 2023.
  • "I wish the Honourable R. Lester Jesudason every success as he takes on his new role as Associate Chief Justice of the Supreme Court of Nova Scotia in the Family Division.
  • Chief Justices and Associate Chief Justices are appointed by the Governor General on the advice of Cabinet and the recommendation of the Prime Minister.

Amarin Provides Preliminary Fourth Quarter 2023 Selected Financials and Outlines Key Priorities For 2024

Retrieved on: 
Wednesday, January 10, 2024

-- Amarin to Present at 42nd Annual J.P. Morgan Healthcare Conference on January 10, 2024 --

Key Points: 
  • Cash Position: Amarin ended 2023 with approximately $321 million in cash and investments, with positive cash flow of approximately $10 million for the full year.
  • “In 2023, our team focused and delivered on our priorities that advanced our strategy,” said Patrick Holt, President & CEO of Amarin.
  • Amarin delivered approximately 65% growth in the fourth quarter versus the third quarter 2023.
  • Amarin anticipates that these steps could be completed by the end of the second quarter of 2024, with share repurchases commencing shortly thereafter.

The Honorable Travis L. Francis Joins the Partnership for a Drug-Free New Jersey Board of Trustees

Retrieved on: 
Thursday, January 4, 2024

Millburn, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The Honorable Travis L. Francis has been named to the Partnership for a Drug-Free New Jersey (PDFNJ) Board of Trustees.

Key Points: 
  • Millburn, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The Honorable Travis L. Francis has been named to the Partnership for a Drug-Free New Jersey (PDFNJ) Board of Trustees.
  • “Judge Francis’ appointment represents a continuation of the strong legacy and commitment embodied by his colleague Mr. D’Angiolillo,” said Angelo Valente, Executive Director of PDFNJ.
  • ”I am honored to accept a position on the board of the Partnership for a Drug-Free New Jersey,” Francis said.
  • Since its inception, the Partnership has garnered 226 advertising and public relations awards from national, regional and statewide media organizations.

London-based International Arbitration Partner Maurice Kenton Joins Hunton Andrews Kurth in Continued Expansion of Firm’s Global Disputes Practice

Retrieved on: 
Thursday, October 5, 2023

Maurice Kenton, a prominent international arbitration and disputes lawyer with significant experience representing clients in the mining, oil and gas, power, telecommunications, infrastructure and insurance sectors, has joined Hunton Andrews Kurth LLP as a partner in London.

Key Points: 
  • Maurice Kenton, a prominent international arbitration and disputes lawyer with significant experience representing clients in the mining, oil and gas, power, telecommunications, infrastructure and insurance sectors, has joined Hunton Andrews Kurth LLP as a partner in London.
  • Arriving with Kenton is disputes Counsel Edward Hamilton, whose practice includes international commercial and investor-State disputes.
  • “We are pleased to welcome them to the firm.”
    Kenton, who will lead the firm’s international arbitration practice, is the latest addition to Hunton Andrews Kurth’s London-based team.
  • The firm recently announced the arrivals of his longtime colleagues, international arbitration Partner David Hesse and corporate Partner Phillip Mace.

Pinewood Asia Pacific welcomes UK Court decision to uphold case against Pendragon subsidiary

Retrieved on: 
Friday, October 13, 2023

LONDON, Oct. 13, 2023 /PRNewswire/ -- Pinewood Asia Pacific (Pinewood AP), an Asian-based technology supplier, welcomed on Friday a decision by a UK High Court judge to dismiss efforts by a Pendragon subsidiary to have the claim dismissed and the case will now go to court.

Key Points: 
  • LONDON, Oct. 13, 2023 /PRNewswire/ -- Pinewood Asia Pacific (Pinewood AP), an Asian-based technology supplier, welcomed on Friday a decision by a UK High Court judge to dismiss efforts by a Pendragon subsidiary to have the claim dismissed and the case will now go to court.
  • Pinewood AP alleges contract breaches by Pendragon subsidiary Pinewood Technologies PLC  in their reseller agreement, resulting in Pinewood AP being unable to fulfil contracts it had devoted time and resources into building.
  • The case revolves around an alleged breach of contract between Pinewood Technologies PLC and their reseller in Asia, Pinewood Technologies Asia Pacific Limited (Pinewood AP).
  • Upon the failure of Pinewood AP to fulfil all their contracts in Asia, Pinewood UK then approached the customers of Pinewood AP and subsequently won numerous contracts from Pinewood AP.

Seladore Legal LLP: Jailed Russian businessman, Ziyavudin Magomedov files US$14 billion claim in the English High Court against TPG, DP World, Transneft, Rosatom and others, alleging Russian state-led conspiracy

Retrieved on: 
Wednesday, September 27, 2023

Simultaneously, he is fighting concerted efforts by prosecutors and business rivals to confiscate his estimated multibillion-dollar business empire.

Key Points: 
  • Simultaneously, he is fighting concerted efforts by prosecutors and business rivals to confiscate his estimated multibillion-dollar business empire.
  • Mr Magomedov co-owned the vital NCSP port in Novorossiysk which handles Russia's oil and grain exports from the Black Sea.
  • The legal claim conservatively estimates the value of the claimants' interest in FESCO at $8.8 billion, and their interest in NCSP at $5.0 billion.
  • The combined claim of $13.8 billion it is the largest ever claim brought in the English High Court outside the collective redress regime.

Mishcon de Reya LLP: Individuals and entities behind the fraudulent cryptocurrency OneCoin face UK lawsuit brought by investors

Retrieved on: 
Monday, September 25, 2023

OneCoin was launched in 2014 as a cryptocurrency to rival Bitcoin and promised investors significant returns on their investment.

Key Points: 
  • OneCoin was launched in 2014 as a cryptocurrency to rival Bitcoin and promised investors significant returns on their investment.
  • In fact, OneCoin was not a legitimate cryptocurrency at all, and was operated as a Ponzi scheme which defrauded investors around the world.
  • The aim is to recover for investors the losses they suffered at the hands of those who perpetrated the fraud.
  • Rhymal Persad, Partner at Mishcon de Reya, said;
    “The fraudulent OneCoin scheme concocted by Ruja Ignatova and others greatly impacted the lives of its victims who ranged from sophisticated to lay investors.

Abcam plc Statement on Dr. Jonathan Milner’s Announcement

Retrieved on: 
Thursday, September 14, 2023

Abcam plc (Nasdaq: ABCM) (“Abcam” or the “Company”), notes today’s announcement by Dr. Jonathan Milner.

Key Points: 
  • Abcam plc (Nasdaq: ABCM) (“Abcam” or the “Company”), notes today’s announcement by Dr. Jonathan Milner.
  • All bidders were given access to the same financial information, consistent with the information the Company has made public.
  • After receiving offers from multiple bidders, Danaher’s all cash offer of $24.00 was the highest and best price.
  • Abcam is not a company subject to regulation under the City Code on Takeovers and Mergers (the “UK Takeover Code”), therefore no dealing disclosures are required to be made under Rule 8 of the UK Takeover Code by shareholders of Abcam or Danaher.

InterDigital Announces Financial Results for Second Quarter 2023

Retrieved on: 
Thursday, August 3, 2023

WILMINGTON, Del., Aug. 03, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2023.

Key Points: 
  • WILMINGTON, Del., Aug. 03, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2023.
  • "This was another strong quarter for the business where we added to our recent momentum," commented Liren Chen, President and CEO, InterDigital.
  • Second Quarter 2023 Financial Highlights, as compared to Second Quarter 2022:
    Total revenue was $101.6 million.
  • During second quarter 2023, we repurchased $42.5 million, or 0.5 million shares, under our share repurchase program.

Lenovo Declared "Overall Winner" in InterDigital FRAND Case

Retrieved on: 
Tuesday, June 27, 2023

Lenovo today announced that the UK High Court has declared Lenovo undoubtedly the overall winner in ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents.

Key Points: 
  • Lenovo today announced that the UK High Court has declared Lenovo undoubtedly the overall winner in ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents.
  • The Court is requiring InterDigital to pay the bulk of Lenovo's legal costs for the FRAND (Fair, Reasonable and Non-discriminatory) case.
  • Today’s judgment further reinforces Lenovo’s continued commitment as a willing licensee and validates the license rate Lenovo advocated for in litigation.
  • We are pleased that the UK Court's judgment facilitates the proliferation of affordable innovation to customers around the world.”
    Lenovo’s earlier comments on the FRAND case can be found in this statement .