Anti-Corruption & Fraud – Industry News

Spain targets political parties with new anti-corruption law, Posted on Reuters (Reuters) – Spain’s government proposed a law on Friday to control more tightly the financial activities of political parties, after corruption scandals in recent years involving both left and right. The law will ban legal and corporate entities from making donations to parties, and banks…

International Trade Compliance – Industry News

 US could block MoD sell-off plans over security fears, By Toby Helm and Peter Beaumont, Posted on The Guardian  Secrets of shared military technology could be jeopardised by privatisation of equipment repair and maintenance arm. The US could block plans by the British government to privatise theMinistry of Defence‘s equipment repair and maintenance arm because of fears over the…

Pharma and Biotech Patent Litigation

The Chinese People’s Court shifts the burden of proof to the defendant in a known-compound preparing process patent infringement case By Dr. Stephen ZOU* Due to lack of discovery procedure, in China, it is very difficult for the patentee to enforce a process patent, especially a process patent for a known product. In Ashland Licensing and…

Pharma and Biotech Patent Litigation

The Chinese Supreme People’s Court expressly opines how to construe a close-ended claim, By Dr. Stephen ZOU* In the [2012] Civil Retrial No. 10, the Chinese Supreme People’s Court (hereinafter “SPC”) delivers its opinion regarding how to construe a close-ended claim. The patent at issue claims a freeze-dried powder injection, consisting of ATP and magnesium chloride…

The current scenario of mailbox patents in Brazil

  Overview An Opinion drafted by the Brazilian Patent and Trademark Office (BPTO) legal department regarding the patent term for pharmaceutical products or chemical products for agriculture filed between January 1st, 1995 and May 14th, 1997, the so called “mailbox” patents, was published in the official patent gazette on September 10th, 2013. On September 11th,…

Energy & Mining – Weekly Industry News

Stellar Diamonds signs Baoulé diamond pipe JV agreement, By Leandi Kolver, Posted on Mining Weekly JOHANNESBURG (miningweekly.com) – Aim-listed Stellar Diamonds has signed a joint venture (JV) agreement with Guinea-based Société Tassiliman, through which it secured the option to acquire up to a 100% interest in the 5 ha diamondiferous Baoulé pipe, in Guinea. Located in the former…

Anti-Corruption & Fraud – Industry News

Why Corruption In Spain Is Soaring, by Harrison Jacobs, Posted on Business Insider Australia Corruption is rising faster in Spain than anywhere except for civil-war-torn Syria, according to Transparency International’s 2013 Corruption Perceptions Index (CPI), published on Tuesday. Spain dropped 10 places to 40 out of 177 in the corruption rankings. Anne Koch, Transparency International’s director for Europe…

Financial Services – Weekly Industry News

Russian, Italian state funds agree investment deal-official, Posted on Reuters Nov 25 (Reuters) – Russia’s state-backed private equity investment fund and Italy’s strategic state investment fund have agreed an investment deal of up to 1 billion euros ($1.35 billion), a senior Italian official said on Monday. [Read More…]   B2B: Transfer Pricing — First Practical…

Online Gaming – Industry News

Online gambling issues persist into second week of web betting in N.J., By Ryan Hutchins/The Star-Ledger , Posted on NJ.com Atlantic City – More than a week after online gambling began in New Jersey, casinos and their partners are still struggling to verify the location of people who want to play on the new websites. Steve Callender, the…

Anti-Corruption & Fraud – Weekly Industry News

Comment: Australia must strike a higher note on anti-corruption, by Fleur Johns and David Hertzberg, Posted on SBS Australia’s anti-corruption legislative framework is meek compared to the US and the UK, with concerning implications for our global business dealings and diplomatic relations. Renewed claims before the Victorian Supreme Court that Leighton Holdings engaged in corrupt practices, allegedly…

Energy & Mining – Industry News

SEMAFO Sells Its Interest in the Samira Hill Mine in Niger, Posted on Market Watch MONTREAL, QUEBEC, Dec 02, 2013 (Marketwired via COMTEX) — SEMAFO Inc. CA:SMF -1.61% (omx:SMF) today announced the closing of the sale of its 80% interest in Societe des Mines du Liptako S.A. (“SML”) to Societe de Patrimoine des Mines du Niger S.A.(“SOPAMIN”). African GeoMin…