Law

Companies in a Bid to Alter the U.S. Health Bill

Companies in a Bid to Alter the U.S. Health Bill

Health insurers, generic drugmakers and medical device companies are in a bid to win minute but crucial changes as Democratic leaders in Congress declare the final overhaul of the nation's healthcare system.

It is speculated that such firms want to reduce massive taxes that would come up with healthcare reform funds of tens of billions of dollars over the next 10 years to fund the healthcare reforms. However, pharmaceutical and biotech companies stand against such minor tweaking after undergoing deals with lawmakers.

Human Rights Tribunal favors ‘family-member carers’ in the payment -discrimination case

Human-Rights-Review-TribunalThe Human Rights Review Tribunal recently gave a landmark ruling against the government, saying that the Ministry of Health had clearly discriminated against the parents who look after their severely disabled adult children.

Unpaid fines annoy lobby groups

Unpaid fines annoy lobby groups

Raising fingers on the NZ judicial system, a lobby group of victims of crimes said that the development in which New Zealand Courts cancelled $95 millions in fines in the previous fiscal indicates the crumbling position of judiciary, meant for protecting the rights of citizens.

Fortescue Group of Australia Cleared of Fraud Charges by Court

Fortescue Group of Australia Cleared of Fraud Charges by Court

On Wednesday, Federal Court Justice John Gilmour cleared one of the richest men in Australia of all charges of fraud that were raised when allegations were made that he had misled investors about deals that his giant iron ore business had managed to sign with a Chinese firm in 2004, a news which had sent his company's shares soaring almost overnight.

SFO Investigates $ 18mn Fraud by Senior Investment Adviser

Stephen Gerard Veralko

Stephen Gerard Veralko, 51, former Senior Investment adviser with ASB, was found to have misappropriated funds to the tune of nearly $18 Million.

NZ set for amended copyright law

NZ set for amended copyright law

Government is coming down heavily on offenders of copyright act and expected to come up with three notice approach besides imposing fine under the revised norms of Section 92A for infringing the law.

Launching a cabinet paper on the proposed steps being taken by the government, Minister of Commerce Simon Power said that the new copyright legislation would be introduced in the parliament during early next year, which has been prepared by making some amendments in Section 92A of the copyright act 1994.

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