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LimeWire loses copyright case in fight with labels
Legal Business |
2010/05/17 09:03
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| File-sharing software company LimeWire has lost a long-running court battle to the major recording companies. A judge with the U.S. District Court in New York ruled this week that the company and its chairman, Mark Gorton, were liable for inducing copyright infringement.pThe decision in the case, which began in 2006, doesn't mean the site will shut down right away. The record labels and LimeWire are to meet with Judge Kimba Wood on June 1 to determine the next steps, such as a possible deal to work together going forward and a potential award for damages./ppRecording Industry Association of America Chairman Mitch Bainwol said in a statement Wednesday that the ruling was an extraordinary victory against one of the largest remaining file-sharing services in the United States./ppThe RIAA said more than 200 million copies of LimeWire's file-sharing software have been downloaded so far, including 340,000 in the last week alone./ppThe ruling could pave the way for a deal, similar to the way Napster was sued out of existence in 2000 but was reborn and is now under the ownership of Best Buy Inc. with licensing deals with all the major recording companies./p |
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Manchester law firm advises on Midlands care home deals
Legal Business |
2010/05/10 09:08
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JMW Solicitors has advised a care operator on its recent acquisition of two homes.
A team from the Manchester law firm, led by corporate partner Scott Sands and solicitor Vicky Protano, advised Central England Healthcare Ltd on its acquisition of The Old Vicarage in Stoke-on-Trent from private owners Mr and Mrs Kilby. The Old Vicarage is registered to provide nursing care for 45 service users and is rated excellent by the Care Quality Commission.
Richard Wolff, partner and head of corporate recovery and insolvency advised the same Midlands-based operator on its purchase, from the administrators, of Eversleigh Nursing Home in Wolverhampton. Registered to provide nursing care for 84 service users, this is the company’s largest acquisition.
Chris King, corporate partner at JMW advised Central England Healthcare in relation to the refinancing of the group and in relation to the financing of the two acquisitions.
Sands said: “It’s pleasing to see a company that can see real opportunities for growth even when the economic climate is still somewhat uncertain.” |
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Strict new Neb. abortion law faces long legal road
Legal Business |
2010/04/19 07:32
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| pIt's been called a groundbreaking law, but a measure approved in Nebraska last week that changes the rationale for abortion bans probably won't go into effect anytime soon — if ever./ppInstead, abortion opponents are hoping it will become the most important case on abortion to reach the U.S. Supreme Court in recent memory. Even they acknowledge the ban on abortions at and after 20 weeks of pregnancy won't see the light of day unless the high court rules that it is constitutional./ppMary Spaulding Balch, legislative director for National Right to Life, said a court injunction will likely prevent the implementation of the law. The measure passed last week by Nebraska's nonpartisan Legislature and signed into law by Republican Gov. Dave Heineman is scheduled to take effect in October./ppLower courts have no precedent to support the law, which bases the new restrictions on the assertion that fetuses feel pain./p |
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Lindquist Vennum law firm ousts partner for misconduct
Legal Business |
2010/04/09 09:24
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| pMichael S. Margulies, a prominent Twin Cities real estate lawyer and recently resigned member of the St. Paul Planning Commission, was forced to withdraw as partner of Minneapolis law firm Lindquist amp; Vennum after the firm claimed he engaged in professional misconduct. /ppThe firm's investigation uncovered the fact that (Margulies) had misappropriated significant sums from a limited number of clients and from the firm, said Daryle Uphoff, managing partner of Lindquist amp; Vennum, in a written statement. /ppThe statement came Friday, the same day Margulies, 56, of St. Paul, and his personal company, Triad Services, were sued in Ramsey County District Court by a real estate development company for which he had worked as an attorney, secretary and treasurer. /ppIn the lawsuit, CMB Minnetonka LLC alleged that Margulies made numerous illicit withdrawals from CMB's bank account and line of credit at Highland Bank and used the money — $1.5 million or more — for his own purposes. /ppSpecifically, the suit claims Margulies spent the money to overhaul the historic mansion at 516 Summit Ave. in St. Paul that he owned with his former wife. /ppIt's a matter of somebody getting way out of line with the authority they were given as a lawyer, said Douglas Elsass, attorney for CMB. /p |
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BeBevCo Has New Legal Counsel
Legal Business |
2010/04/09 05:43
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| pBeBevCo announced today they have hired a new legal team: McMullen Associates LLC from Charlotte, North Carolina. McMullen Associates LLC is a Securities and Corporate Law Firm that specializes in Securities Regulation, Corporate Law, Mergers and Acquisitions, Corporate Finance, Business Law, Private Placement Memorandums, Exchange Listings, Franchising, as well as all general securities law practice and corporate law matters. After a five-hour meeting that included four of our staff and five of theirs, it was by far the most educational as well as convincing that McMullen Associates team of experts will get the job by helping us develop short and long term strategies to move BeBevCo along a path to the Bulletin boards and then on to the AMEX, said CEO Brian Weber. /ppAbout BeBevCo - BeBevCo (Bebida Beverages Company) develops, manufactures and markets several beverages including Koma Unwind Chillaxation Drink ™, Koma Unwind Sugar-free Chillaxation Drink ™ and Koma Unwind Chillaxation Shot™ as well as Potencia Energy Drink and Potencia BLAST energy shot, Piranha Water. /p |
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