Turkey: Affiliation Reports In A Corporate Group - Erdem & Erdem Law
The Turkish Commercial Code No. 6102 introduces provisions on group companies on the basis of the concept of dominance between companies.
affiliation
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dominance
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group
provisions
turkey
turkish
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Martha Stewart to Testify in Trial Over Her Brand
NEW YORK — Eight years after Martha Stewart was released from prison for lying about a stock trade, the home diva is now facing another legal mess that may not be easy to clean up. Stewart, 71, is scheduled to take the stand in New York State Supreme Court Tuesday. She is at the center of a bitter legal battle between two of the nation’s largest retailers — Macy’s Inc. and J.C. Penney Co. Macy’s sued the media and merchandising company Stewart founded for breaching an exclusive contract when she signed a deal with Penney in December 2011 to open shops at most of its stores this spring. Macy’s, which has sold Martha Stewart products including towels and pots since 2007, is trying to block Penney from selling those products. The trial is clearly more than a vanilla contract dispute. It’s a courtroom drama that’s unfolding about disloyalty and greed. Testimony has portrayed Stewart as someone who turned her back on her good friend and Macy’s CEO Terry Lundgren so she could ...
agency
allegations
beanstalk
business
ceo
court
division
group
lundgren
macy
martha
michael
nation
omnimedia
penney
reputation
stewart
supreme
terry
york
Game Over? Why Video-Game-Console Sales Are Plummeting
At a quick glance, it looks like it could be “game over” for the video-game-console business. Sales of consoles in the U.S. dropped 21% in 2012 to just over $4 billion, and figures from manufacturers of the three top systems were lackluster over the crucial holiday season. When announcing its quarterly earnings last month, Microsoft said its Xbox-division revenue dropped 29%. At Sony, lower PlayStation 3 and PSP sales were responsible for a 15% drop in revenue for its video-game division. Nintendo’s next-gen console Wii U also failed to generate as much interest as originally predicted. Last month, the company said it had sold only about 3 million consoles and that it would sell a million more through March, a sharp drop from the 5.5 million it initially anticipated selling. There’s less demand for the physical games these days too. According to research company NPD Group, game sales fell from a little over $11 billion in 2011 to less than $9 billion last year. Retailer GameStop ...
billion
business
crowdfunded
division
gamestop
group
idc
journal
lewis
mcgowan
microsoft
million
needham
nintendo
npd
playstation
psp
sean
sony
street
version
video
wall
ward
wii
xbox
xbox-division
Game Over? Why Video Game Console Sales Are Plummeting
At a quick glance, it looks like it could be “game over” for the video game console business. Sales of consoles in the U.S. dropped 21% in 2012 to just over $4 billion, and the figures from the manufacturers of the three top systems were lackluster over the crucial holiday season. When announcing its quarterly earnings last month, Microsoft said its Xbox division revenue dropped 29%. At Sony, lower PlayStation 3 and PSP sales were responsible for a 15% drop in revenue for its video game division. Nintendo’s next-gen console Wii U also failed to generate as much interest as originally predicted. Last month, the company said it had sold only about 3 million consoles and that it would sell a million more through March, a sharp drop from the 5.5 million it initially anticipated selling. There’s less demand for the physical games these days, too. According to research company NPD Group, games sales fell from a little over $11 billion in 2011 to less than $9 billion last year. Retailer ...
billion
business
crowdfunded
division
gamestop
group
idc
journal
lewis
mcgowan
microsoft
million
needham
nintendo
npd
playstation
psp
sean
sony
street
version
video
wall
ward
wii
xbox
United States: It Ain't Over 'Till The Fat Lady Sings - Party's Contractual Obligations Continue In Agreement To Negotiate - Sheppard Mullin Richter & Hampton
In IDT Corp. v Tyco Group, S.A.R.L., 2012 NY Slip Op 09190 (1st Dept. Dec. 27, 2012) the Appellate Division held that if you sign a binding agreement that includes an obligation to negotiate, the obligation to negotiate is not extinguished even if the parties sue for other breaches of that agreement.
agreement
appellate
corp
dec
dept
division
group
hampton
idt
lady
mullin richter
obligations
sheppard
sings
states
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