^
+ Follow CLIFFORD CHANCE Tag
CLIFFORD CHANCE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 11220
                    [Title] => Microsoft relieved of U$1.5B payout in online music suit
                    [Summary] => 

SAN FRANCISCO, Aug 6, 2007 (AFP) - A US judge ruled Monday that Microsoft doesn't have to pay Alcatel-Lucent 1.5 billion dollars, overturning a jury verdict that promised to shake up the digital music industry.

US Senior District Court Judge Rudi Brewster sided with Microsoft in its appeal of a verdict in a lawsuit filed against the US software giant by the French firm.
Brewster issued a written ruling "in favor of Microsoft and against Lucent ... terminating the case," according to court documents.

[DatePublished] => 2007-08-07 09:35:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [1] => Array ( [ArticleID] => 349221 [Title] => NGO securitizes microcredit [Summary] => BRAC, the world’s largest national non-government organizations (NGOs) with over five million borrowers and 100,000 employees, has closed world’s first micro-credit securitization structured by RSA Capital, Citigroup, FMO and KfW.

This groundbreaking transaction, denominated in Bangladesh taka (BDT), will provide an aggregate of BDT 12.6 billion ($180 million) of financing for BRAC over a period of six years.

Under the program, BDT one billion ($15 million) will be disbursed every six months to BRAC, with a maturity of one year.
[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
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