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Leaning on the wrong people

Asia Pacific private equity seems to be coming out in a litigious rash. In Australia and New Zealand, units of Japanese beverages giant Asahi Group, Asahi Holdings Australia and Independent Liquor New Zealand, have reportedly brought suits in the Australian Federal Court against leading regional buyout firms Pacific Equity Partners and Unitas Capital over the sale of local brewing asset Independent Liquor, alleging misrepresentation of the earnings of the asset when it was sold in 2011.

asahi asia australia australian capital court equity federal group holdings japanese misrepresentation pacific partners unitas zealand

Found more than 1 month ago on channel Asia Asset Management

United Kingdom: Clarification On The Time Limit For Bringing A Jurisdiction Appeal In Respect Of A GAFTA Award - Clyde & Co

The Commercial Court has confirmed, in the case of PEC Limited v Asia Golden Rice Co Ltd [2012] that the 28 day time limit for bringing a jurisdiction challenge under section 67 of the Arbitration Act 1996 (the "Act") runs from the date of the first tier GAFTA award.

act appeal arbitration asia clarification clyde court gafta jurisdiction kingdom limited pec rice section united

Found more than 1 month ago on channel Mondaq

United States: Products Liability Defendants Must Plead Highly Reckless Conduct As An Affirmative Defense - Duane Morris LLP

On November 26, 2012, the Supreme Court of Pennsylvania handed down a decision in Reott v. Asia Trend, Inc., et al., Nos 27-30 WAP 2011, slip op. (Pa. Nov. 26, 2012), that changes the way defendants in product liability actions must plead and prove an affirmative defense of highly reckless conduct as the sole or superseding cause of plaintiff's injury.

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Found more than 1 month ago on channel Mondaq

United States: "PARIS" Is Misdescriptive Of Goods Designed In Miami And Manufactured In Asia - McDermott Will & Emery

The U.S. Court of Appeals for the Federal Circuit upheld the ruling of the Trademark Trial and Appeal Board (TTAB) refusing to register the mark "JPK PARIS 75".

appeal appeals asia circuit court emery federal jpk mcdermott miami misdescriptive paris states ttab united

Found more than 1 month ago on channel Mondaq

Australia: Guarantees – The Effectiveness of Suspension Of Rights Clauses - Mondaq Asia

The effectiveness of suspension of rights clauses in guarantees was considered recently by the Supreme Court of NSW.

asia australia court effectiveness mondaq nsw supreme suspension

Found more than 1 month ago on channel Mondaq