DIRS.INFO The most relevant business & tech news

☆ Cuba wins ruling in UK court battle with creditors over unpaid loans
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 4 (Reuters) - The Cuban government won a ruling on Tuesday that London's High Court has no jurisdiction to hear a lawsuit brought by a creditor over unpaid loans, though the case can continue against Cuba's former central bank. Havana argued at a hearing in January that the High Court had no jurisdiction to hear the case brought by CRF, a Cayman Island-registered company. Judge Sara Cockerill ruled on Tuesday that the High Court had no jurisdiction to hear the case against Cuba, but did in relation to the case against BNC. The case will be keenly watched by other creditors who have struggled to recoup around $7 billion of sovereign debt from Cuba. Charters added: "BNC was the central bank of Cuba and remains responsible for managing these unpaid Cuban debts.

☆ Prince Harry back in UK court for battle with Daily Mail publisher
▼ + stars: | 2023-03-30 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

LONDON, March 30 (Reuters) - Britain's Prince Harry returned to the High Court in London on Thursday where his lawyer was fighting an attempt by a newspaper publisher to throw out his and other high-profile figures' lawsuit which alleged widespread unlawful acts by journalists. Harry, the singer Elton John and five other high-profile people are suing publisher Associated Newspapers, alleging they were the victims of phone-hacking and other serious privacy breaches by journalists from the Daily Mail and Mail on Sunday or private investigators working on their behalf. The publisher's lawyer Adrian Beltrami told the court on Wednesday the claims were rejected "in their entirety". The judge, Matthew Nicklin, is not expected to rule for some weeks on whether the case should proceed to trial. During an exchange with Sherborne, he suggested that if it did, it would be a "massive trial" which would last a "substantial period of time".

These included hacking mobile phone messages, bugging calls, getting private information such as medical records by deception or "blagging", and "commissioning the breaking and entry into private property", their lawyer David Sherborne said. Harry, who flew in from his California home, sat just feet away from reporters, watching intently and taking notes. Elton John, Furnish, Frost and another claimant, Doreen Lawrence, mother of Black teenager Stephen Lawrence who was murdered in a 1993 racist attack, were also in court on Monday. Harry hugged Lawrence at the end of the day's hearing and chatted to her and Furnish, and gave a thumbs up to crowds outside as he left court. [1/8] Britain's Prince Harry, Duke of Sussex, arrives at the High Court in London, Britain March 27, 2023.

☆ Prince Harry lawsuit against newspaper publisher set for May trial
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 8 (Reuters) - Britain's Prince Harry's lawsuit against the publisher of the Daily Mirror newspaper over allegations of phone hacking will go to trial in May, a judge at London's High Court ruled on Wednesday. Harry, the Duke of Sussex, is one of several public figures whose lawsuits against Mirror Group Newspapers (MGN) will be considered at the trial. David Sherborne, a lawyer representing Harry and the other claimants, earlier told the court that Harry would be "the only witness" relied upon in his case – raising the prospect of the prince entering the witness box to give evidence. The wave of litigation follows the collapse of Harry and his wife Meghan's relationship with Britain's media since their marriage in 2018. Harry has since – in his memoir "Spare" and accompanying TV interviews – also accused other royals of leaking stories about him and his wife Meghan to tabloid newspapers.

The SEC in 2016 warned companies that non-GAAP measures that replace GAAP-based methods with individually tailored disclosure could violate its rules. That is up from 11 companies in letters released in January and February 2022. The SEC has long expressed concerns about companies placing too much emphasis on their non-GAAP disclosures compared with GAAP disclosures. Changing how certain non-GAAP measures are calculated can be embarrassing and even costly for companies, accountants said. Graham Holdings said it isn’t violating SEC guidance because it didn’t substitute an alternative recognition or measurement method for the related adjustments.

Search resuls for: "David Sher"

5 mentions found