Thursday, March 23, 2017
Tuesday, March 14, 2017
Friday, February 3, 2017
Orascom Holding proceeding to voluntary delisting EDRs from Egypt EGX
Orascom Holding is taking the necessary procedures to voluntary delist its EDRs from the Egyptian stock market EGX, following its board decision on the 26th of December 2016. Minority shareholders who have the right to object before the Swiss Takeover Board TOB within 5 days from the date of the publication of the decision. The extraordinary shareholders meeting has to approve but yet to decide on the date of its meeting.
Most probably this decision is to hedge against potential arbitrage that investors may seek due to recent huge devaluation in the Egyptian pound. Other reasons for similar cases may also be related to a corporate reorganisation or potential sale of shares or material assets at the holding or affiliate companies levels.
Labels:
corporate news,
Egypt,
Orascom,
Orascom Holding,
Samih,
Sawiris.,
Switzerland
Sunday, December 4, 2016
Dr. Elaraby the President of the ordinary arbitration division of CAS steps down
According to the press release issued today by the International Council of Arbitration for Sport (ICAS), the governing body of the Court of Arbitration for Sport (CAS), Dr. Nabil Elaraby steps down from the position of president of the ordinary arbitration division of CAS.
Sunday, 4 December 2016
Thursday, October 27, 2016
E-Corporate Lawyers: Swiss Law
E-Corporate Lawyers: Swiss Law: General Swiss Codes - Recueil Systématique du Droit Fédéral ch.ch (Les autorités Suisses en ligne) admin.ch (Recueil systématique du dro...
Thursday, June 16, 2016
"Walking and Texting" shall it be banned?!
Photo: Barcroft Media via The Telegraph
FastCompany: "Texting While Walking? In China, There’s A Lane For That!"
By Beth Brainard, special to the Daily News: " In London, the problem has grown to such proportions that padded
bumpers have been installed around the lampposts in certain parts of the
city. In the U.S., cities are taking various approaches. New York City
has chosen to lower the speed limits on some streets while Fort Lee, New
Jersey, has passed a law banning texting while walking.
A 2012 study from Stony Brook University in New York states that
those who text while walking are 60 percent more likely to veer off
their course than non-texters. Being engrossed in conversation on the
phone while walking has a similar effect.
Scientists studying mobile device use call the phenomenon
"inattentive blindness." They have found that the human brain has
evolved to only be able to adequately focus attention on one task at a
time. In other words, when you text or talk on the phone while walking,
you cannot pay full attention to both tasks.
Florida legislators are — finally — recognizing that distracted
driving is a problem, but they would be wise to broaden their debate to
include the increasingly dangerous problem of distracted walking."
by Kevin L Mabry on June 10, 2016:
"The US state of New Jersey may keep the inattentive among us from
walking into brick walls or plunging into manholes, daggnabit, even if
it has to throw us in jail or fine us to get the point across.The Associated Press reports that it’s going to do this – in theory, at least – by banning walking while texting.
A new measure recently introduced by New Jersey Assemblywoman Pamela Lampitt would ban distracted walking, forbidding pedestrians on public roads from using electronic communication devices unless those devices are hands-free.
The potential penalties for violating the ban: fines of up to $50, 15 days imprisonment, or both – the same penalties handed out to jaywalkers.
As one of the majority of people (53%, according to the Pew Research Center) who’s walked into something (I admit: it was a pole) while texting, my mind turns all cartoony at the notion of distracted walking.
Imagine putting a phone into the paws of Wile E. Coyote: he’d be texting the Road Runner about dinner plans all the way down to the inevitable “Splat!” at the bottom of the mesa.
Reality is a lot nastier than that, of course."
Friday, April 8, 2016
Help Syrian Refugees
Thursday, March 31, 2016
Tuesday, February 16, 2016
Thursday, February 11, 2016
Facebook makes a U-turn on nude art after Paris ruling
Gustav Courbet's L'Origine du Monde, 1866. Photo: Musée d'Orsay, Paris
As per the Art Newspapers, a judge at the Supreme Court in Paris has ruled that Facebook is accountable to French law after a teacher sued the website for banning an image that he had posted of Courbet’s The Origin of the World, 1886, which contravened its rules on nudity. The court ruled that the case comes under its jurisdiction and it is now due to be heard by a civil court in France on 21 May. Facebook’s lawyers had argued that all users agreed to use the courts in California for litigation when they joined the site. Our sister paper Le Journal des Arts said that the judge called this clause “abusive”, while the teacher’s lawyer noted that if it were enforced, none of France’s 22 million Facebook users would “have recourse to French legal jurisdiction in the event of a dispute”. In a seemingly related move, Facebook has issued new guidelines on nudity. “Photographs of paintings, sculptures and other art that depicts nude figures” will now be permitted. Facebook declined to say whether the move was prompted by the legal case.
As per the Art Newspapers, a judge at the Supreme Court in Paris has ruled that Facebook is accountable to French law after a teacher sued the website for banning an image that he had posted of Courbet’s The Origin of the World, 1886, which contravened its rules on nudity. The court ruled that the case comes under its jurisdiction and it is now due to be heard by a civil court in France on 21 May. Facebook’s lawyers had argued that all users agreed to use the courts in California for litigation when they joined the site. Our sister paper Le Journal des Arts said that the judge called this clause “abusive”, while the teacher’s lawyer noted that if it were enforced, none of France’s 22 million Facebook users would “have recourse to French legal jurisdiction in the event of a dispute”. In a seemingly related move, Facebook has issued new guidelines on nudity. “Photographs of paintings, sculptures and other art that depicts nude figures” will now be permitted. Facebook declined to say whether the move was prompted by the legal case.
Labels:
art,
Facebook,
nude,
Paris,
Supreme Court
Wednesday, February 10, 2016
Wednesday, January 6, 2016
JURIST - European Commission to review Poland media law
E-Corporate Lawyers are wondering if Egypt will ever have a real free media law on day!
JURIST - European Commission to review Poland media law
JURIST - European Commission to review Poland media law

