Tausi Insider

Canada’s top court on Friday denied plastics company Nova Chemicals’ appeal of a C$645-million ($482-million) payment awarded to the Dow Chemical Co in a patent infringement case. The Supreme Court of Canada upheld a ruling by a lower court that had awarded the amount to the Dow Inc unit, calculated based on profits Nova made due to the patent breach. Nova disputed those calculations in its appeal of that ruling. https://www.tausiinsider.com/supreme-court-upholds-dows-record-645-million-patent-infringement-award/?feed_id=334663&_unique_id=6483a3977843f

Online retailer Amazon.com may be deemed responsible for advertising of counterfeit Christian Louboutin shoes which found its way to its platform, Europe’s top court said in a preliminary ruling on Thursday. The EU court said it was now up to two national courts to decide whether this was indeed the case. Louboutin brought cases against Amazon AMZN-Q in a Belgian and a Luxembourg court in 2019, saying the retailer regularly displayed advertisements for red-soled shoes put on the market without Louboutin’s consent. Louboutin’s signature red sole is registered as a trademark within the EU. Both courts had sought the guidance of the Luxembourg-based Court of Justice of the European Union (CJEU). In its ruling on Thursday, the EU court said Amazon, as an online sales platform, may be considered responsible for the intellectual property breaches involved in the advertisements of counterfeit products that feature Louboutin’s trademarked red sole. The court said the presentation of the adve...

Operating and conducting your affairs in private is a fundamental human right – even for businesses. the globe and mail/iStockPhoto / Getty Images Martin Kenney is managing partner of Martin Kenney & Co., an investigative litigation practice based in the British Virgin Islands, specializing in global asset recovery. Across Europe, countries have been switching off public access to what are known as beneficial ownership registers, in response to a ruling from the continent’s top court, the European Court of Justice (ECJ). It’s a move that transparency campaigners are decrying , but which, after a 30-year background in battling economic criminals, I believe is a victory for common sense and the right to privacy. Other jurisdictions should take heed of the decision. Since 2018, a patchwork of systems, which we refer to as ultimate beneficial owner (UBO) registers, have been operating across the European Union. These registers list the names of people who ultimately own a company, an...

Google has filed a legal challenge in India’s Supreme Court to block a ruling by the country’s antitrust watchdog that will force the U.S. company to change how it markets its Android platform, court records showed on Saturday. The Competition Commission of India (CCI) in October fined the Alphabet Inc unit $161 million for exploiting its dominant position in the market for Android, which powers 97% of smartphones in India and is a key growth region for the U.S. giant. The challenge comes after Google suffered a setback on Wednesday when an appeals tribunal rejected its request to block the antitrust ruling. The company argued that implementation of the CCI’s directives will hurt its long-standing business model and consumer interests. Supreme Court records show Google filed a challenge against the tribunal ruling on Saturday. A hearing date is yet to be fixed. Reuters was first to report on Thursday about Google’s planned strategy. Sources earlier this week told Reuters that Google ...