Month: October 2015
International Bar Association: Judicial Integrity Initiative – Participate in the Survey
David W. Rivkin, the president of the International Bar Association (IBA), calls the Judicial Integrity Initiative (JII) is one of the most important initiatives as IBA President. Here is from his email inviting your participation in this initiative:
“The first part of the initiative focuses on a survey to understand how and when judicial corruption arises. From the results of the survey, we will be able to consider and to implement various activities using the strength of the IBA to combat judicial corruption. Read More
Sports Law: Federal Supreme Court Finds German Olympic Sports Confederation Liable for Failure to Nominate Athlete for Olympic Games
Charles Friedek, the former triple jumper who was world champion in 1999, had sued the German Olympic Sports Confederation (Deutscher Olympischer Sportbund, DOSB) on the basis that DOSB wrongly failed to nominate him for the 2008 Olympic Games in Beijing. The German Federal Supreme Court (Bundesgerichtshof) has today confirmed the first instance judgment that had held DOSB liable for damages in principle. Friedek is claiming lost revenue, made up of foregone appearance fees, price monies and sponsorship deals. Read More
Greek Debt Crises Reaches Federal Supreme Court
German investors in Greek government bonds have sued the Hellenic Republic in German courts over losses suffered as a result of the restructuring of their bonds. The Greek debt restructuring which triggered this litigation took place in March 2012. Greek bonds were exchanged for new bonds with lower principal, lower interest rates and longer maturity, resulting in a haircut for investors. A large majority of investors accepted the swap, but some investors did not, and went to court. Read More