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Legal action means no April listing for Siemens' Osram

2013-03-15 13:58:00| Industrial Machines - Topix.net

Siemens is selling off Osram as part of a restructuring which includes shedding less profitable businesses and seeking 6 billion euros of savings.

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Train firms start legal action

2013-03-08 01:02:32| BBC News | Business | UK Edition

Four rail firms start legal proceedings after the government cancelled the Great Western rail franchise contest and then refused to pay compensation.

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Environmentalists Mull Legal Action Over Keystone XL Process

2013-03-07 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: After the Keystone XL oil pipeline cleared an important hurdle last week, critics of the project are searching for ways to force more of the delays that have dogged it for more than four years already. The State Department said Friday that TransCanada Corp's pipeline from the Alberta oil sands to Texas would not add to global greenhouse gas emissions because oil sands crude will make it to market whether or not the project is built. That interpretation neutralized a major argument that many...

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European Investment Bank considers legal action over hoax coal statement

2013-02-28 10:29:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The European Investment Bank (EIB) has said it is considering legal action after being targetted by a hoax email that falsely declared the bank would end investment in coal projects. The bank issued a statement yesterday confirming it had been victim of a hoax. "The EIB is aware that a fake press release on its energy policy has been issued today by a so-called Philippe Wallace who is neither an employee of the EIB nor is he working under the authority of the EIB," the statement read. "The...

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U.S. legal action sought over Shell drillship violations

2013-02-26 01:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. federal prosecutors have been asked to take legal action over safety and environmental violations discovered on one of two drillships Royal Dutch Shell used last year in Arctic waters off Alaska, officials said on Monday. The violations were discovered in November by Coast Guard inspectors on the Noble Discoverer, a drillship contracted from Noble Corp to work on Shell leases in the remote Chukchi Sea off northwestern Alaska. Coast Guard Chief Petty Officer Kip Wadlow said the Justice...

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