Log In | Subscribe | | |

ChiefOfficers.Net

Saying that it could not reach agreement with its consortium partners over a strategy to move SAAB from mass market to premium brand, Koenigsegg has told both GM and the consortium that it's not going ahead with the deal announced in June.

CoNet Section: 

A stark press announcement from Volkswagen Group Malaysia says that VW Cars Sdn Bhd is no longer an authorised dealer for the marque which is just beginning to introduce models to the Malaysian market that have been hankered over for some time but not available through authorised channels.

CoNet Section: 

Whilst major motor manufacturers are struggling, specialist sportscar manufacturer Lotus is expanding its R&D and production facilities. And it has full order books.

CoNet Section: 

Five foreign subsidiaries of Thermon Manufacturing Company, a San Marcos, Texas-based firm, have agreed to pay a total of USD176,000 in combined civil penalties.

CoNet Section: 

Lotus Engineering is using the recession to develop and launch a range of new ecology and economy-friendly products. The latest, its Range Extender Engines comes just as oil prices climb above USD70 per barrel.

CoNet Section: 

A US judge has removed one of the USA's largest law firms, Sonnenschein, Nath & Rosenthal, from representing First American Title Insurance Company in a class action suit. The firm, its partners and all other lawyers at the firm are injuncted against acting for the company in the litigation which raises questions about the migration of teams of lawyers and - perhaps even more importantly - what constitutes conflict.

CoNet Section: 

The Law Society of Singapore has announced a shake up in the training regime and measures to help those returning to practice and foreign lawyers seeking transfer in a bid to become a regional centre for law.

CoNet Section: 

When a court in Texas found in favour of a small Toronto based software company against Microsoft, the success was shared by the owners of the company - owners which include a specialist VC fund that buys into companies engaged in litigation.

CoNet Section: 

A Texas court has awarded Canadian software company i4i almost USD300 million in damages, interest and costs - and injuncted Microsoft from the continued use of aspects of XML in its WORD product range.

CoNet Section: 

Pages

 


 

hahagotcha