Korean court favors Medytox in botox patent suit against Daewoong
Feb 12, 2023 19:33 pm UTC| Health Law Science Economy Business
The Seoul Central District Court had ruled that Medytoxs patents for botulinum toxin (botox) strains and manufacturing process were stolen by Daewoong Pharmaceutical in developing Nabota. Thus, the court prohibited...
Kona EV owners lose compensation lawsuit vs Hyundai for battery fires
Feb 09, 2023 23:48 pm UTC| Economy Business Nature Law
The Seoul Central District Court has favored Hyundai against 173 Kona EV owners seeking compensation for their vehicles deteriorating reputation and devaluation due to fires caused by battery issues. Hyundai voluntarily...
Carlsberg to buy out partner in India and Nepal for breaches of shareholders’ agreement
Feb 09, 2023 23:47 pm UTC| Economy Business Law
Danish brewer Carlsberg Group is buying out the 33 percent shareholding in Carlsberg South Asia Pte Ltd (CSAPL) of its partner in India and Nepal, CSAPL Holdings Pte Ltd (CSAPLH), for $744 million. Carlsberg has had...
Coca-Cola to face lawsuit for portraying Minute Maid juices as healthy
Feb 08, 2023 23:27 pm UTC| Law Health Economy Business
The Coca-Cola Company is the target of a proposed class suit alleging that it deceptively portrays Minute Maid juice as a healthy alternative to fresh fruit despite the drinks containing high amounts of sugar, which...
Japan legalizes beer, cigarette sales at self-checkout registers
Feb 08, 2023 23:09 pm UTC| Law Economy Business Health
Convenience stores in Japan can start selling alcohol and tobacco products through self-checkout registers immediately, as long as theyre set up for compliance with the required regulations. Under Japanese law, a person...
Bacardi acquires majority interest in D’Usse Cognac following legal battle with Jay-Z
Feb 08, 2023 22:51 pm UTC| Law Economy Business
Bacardi subsidiary Empire Investments has now bought out the majority of SCLiquors stake in DUsse, leaving the spirits giant with 75.01 percent of the business. Jay-Zs company SCLiquor and a subsidiary of Bacardi...
Hermes pursues jury nod for trademark violation vs 'MetaBirkins' NFT creator
Feb 07, 2023 23:23 pm UTC| Law Technology Economy Business
French fashion house Hermes International SCA urged a US jury to find that Mason Rothschild, a creator of NFTs dubbed MetaBirkins, violated its trademark for Birkin bags, Rothschild lawyers argued that the MetaBirkins...
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