Search results for: court

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  • 25 June 2015

    The Hague District Court has ruled yesterday that the State must take more action to reduce the greenhouse gas emissions in the Netherlands. According to the ruling, the State has to undertake measures which will lead to Dutch emissions in the year 2020 to be at least 25% lower than those in 1990, compared to […]

  • 25 June 2015
    Business & Finance

    Tony Gibson, CEO of Ports of Auckland, today said that the company will not appeal the recent High Court decision which revoked resource consent for the Bledisloe wharf extensions. “While the decision causes us some problems with consenting and our ability to accommodate more and longer ships, we feel that appealing this case would not […]

  • 5 September 2014
    Business & Finance

    Halliburton has announced that the United States District Court for the Eastern District of Louisiana ruled that Halliburton was negligent in its conduct related to the April 20, 2010 Macondo well incident in the Gulf of Mexico. The Court allocated 3 percent of the fault to Halliburton with the remaining fault allocated to other parties involved. […]

  • 13 November 2018
    Business & Finance

    The procurement process has been halted and the matter is presently before the courts.

  • 16 December 2014

    Three suspected Somali pirates have been acquitted by the Seychelles Court of Appeal with the court ordering  pirates’ repatriation, Seychelles News Agency reports. The ruling overturned a previous decision by the nation’s Supreme Court due to lack of evidence to prove the said individuals were indeed pirates. Two of the three men were appealing against […]

  • 6 January 2017

    London-based E&P company Panoro Energy has won a court case related to a payment claim by an advisory firm regarding a success fee on the sale of assets in Brazil. Euro-Latin Capital SA (ELC), an M&A advisory firm, sued Panoro with a claim of $2.4 million, based on an alleged right to a success fee on […]

  • 15 July 2020
    Authorities & Government, Business & Finance, Rules & Regulation

    The UK High Court ruled on Monday, July 13, that the widow, whose husband lost his life while dismantling a supertanker in Bangladesh in 2018, can pursue a negligence claim against Maran (UK) Limited, a British company involved in the ship’s sale. The court said that Maran (UK) arguably owed a duty of care to […]

  • 4 July 2017
    Business & Finance

    The Seoul Bankruptcy Court decided on Monday to early finalize the receivership process of South Korea’s STX Offshore & Shipbuilding. According to the latest decision from the bankruptcy court, STX has made considerable progress in its economic recovery as it has adhered to the debt payment schedule proposed under its rescue plan. What is more, the shipyard has […]

  • 30 November 2015
    Authorities & Government, Business & Finance

    The UK Supreme Court has approved E.ON’s application to appeal against a ruling in favour of MT Højgaard from April 2015 regarding the Robin Rigg offshore wind farm dispute. E.ON will now bring the case to the Supreme Court, and MT Højgaard said it does not expect a final decision to be made before 2016. “As a consequence of the […]

  • 21 July 2017
    Business & Finance

    South Korea’s STX Offshore & Shipbuilding has won an order for four 50,000 deadweight tonnage (DWT) midsize tankers as it steps up its efforts to business recovery.  The order, worth USD 140 million, has been placed by a Greek owner Oceangold Tankers, according to Asiasis. The newbuild tankers, priced at USD 35 million a piece, are scheduled […]

  • 30 November 2015
    Authorities & Government, Business & Finance

    The UK Supreme Court has approved E.ON’s application to appeal against a ruling in favour of MT Højgaard from April 2015 regarding the Robin Rigg offshore wind farm dispute. E.ON will now bring the case to the Supreme Court, and MT Højgaard said it does not expect a final decision to be made before 2016. “As a consequence of the […]

  • 5 October 2012
    Business & Finance

    Washington Department of Ecology Director Ted Sturdevant issued the following statement on a state Supreme Court ruling upholding a voter-approved funding source for environmental protection and cleanups in Washington state. Sturdevant said: “We are pleased that the Supreme Court has upheld a law that Washington voters passed more than two decades ago to make sure […]

  • 22 December 2010

    The Swedish Environmental Court of Appeal says yes to Ports of Stockholm’s application to build a new container port at Norvikudden in Nynäshamn. The Environmental Court of aÁppeal says the case has been focusing a lot on the need for a new port and if the site is the best possible, but the Court says […]

  • 20 November 2015
    Authorities & Government

    The Supreme Court in London will withdraw the ruling in favour of MT Højgaard from 5 November, when it rejected an application from E.ON to allow an appeal against the ruling in an old dispute regarding the Robin Rigg offshore wind farm. MT Højgaard said the Supreme Court will further evaluate E.ON’s application for an appeal, which could mean that that the dispute […]

  • 14 February 2008

    NASDAQ listed TOP Ships has clinched a settlement with lead plaintiffs in a class action filed against the company and some of its directors and officers in a New York court. Confirming the development the company said it is filing for the court’s approval and if the court grants preliminary consent, notice will then be […]

  • 1 April 2019
    Authorities & Government

    The European Court of Justice has annulled the Commission’s decision that feed-in tariffs, as provided by the German 2012 renewables law EEG, constitute state aid. The World Wind Energy Association explains that the European Commission pressured Germany and other governments to wrongly notify feed-in legislation as state aid, which caused feed-in legislation to be substituted […]

  • 29 December 2015
    Business & Finance

    The Supreme Court of Finland has today upheld the judgment rendered by the Helsinki Court of Appeal on 29 November 2011 and dismissed all claims presented against Finnish shipping company Finnlines Plc by Mutual Pension Insurance Company Ilmarinen. In its action Ilmarinen had objected to the decision of Finnlines’ Annual General Meeting held on 20 May […]

  • 26 July 2013

    Reference is made to Sembcorp Marine’s announcement dated 29 June 2012 relating to an appeal filed by the Company to the Court of Appeal pertaining to the High Court’s decision on the Company’s claims against PPL Holdings in Suit 351/2010/H. The Court of Appeal has today released its decision in favour of Sembcorp Marine. In […]

  • 22 December 2017
    Business & Finance

    CGG informed that the US Bankruptcy Court has recognized the ruling of the Commercial Court of Paris approving the company’s safeguard plan. The US Bankruptcy Court’s order gives full force and effect to the French Court’s approval ruling and prohibits CGG’s creditors from taking any action inconsistent with the safeguard plan in the United States, the company […]

  • 2 May 2016
    Business & Finance

    The judgement of the Spanish Supreme Court made in January 2016 in the Prestige oil spill case has raised fundamental questions as to whether it was reached in a fair trial, the International Chamber of Shipping (ICS) said. The Supreme Court’s judgement was reached after just one day, without hearing any new evidence and in the […]

  • 21 December 2015
    Business & Finance

    The Helsinki District Court has rejected the temporary court order against Finnlines Plc’s subsidiary Finnsteve Oy Ab (Finnsteve) which was requested by the Port of Helsinki Ltd, Finnlines said. The Port of Helsinki requested a right to force Finnsteve to empty certain areas in the Vuosaari harbour, which Finnsteve claims are essential to its business and […]

  • 31 July 2014
    Business & Finance

    In the dispute between Hamburg shipping company E.R. Schiffahrt and investment firm MPC Flottenfonds III, the Higher Regional Court of Hamburg (Oberlandesgericht Hamburg – OLG) ruled in favour of E.R. Schiffahrt on July 25, 2014.   The purpose of the interim injunction proceedings was to secure the funds arising from the sales proceeds for the […]