Banks to Sue Retailer for Data Theft A class action is being brought by banks whose credit cards are affected by mass theft of data from TJX, US parent of TK Maxx, claiming 'tens of millions of dollars' in damages, represents almost 300 banks 30.04.07 Eversheds, Consumer Credit, Data Protection

Tesco Offer for Co-Op Store Sent to CC The OFT has today referred the acquisition by Tesco of a former Co-op one-stop grocery store on Uxbridge Road, Slough, to the Competition Commission (CC), OFT originally sought to agree a remedy with Tesco, which has not proved possible 20.04.07 Guardian, OFT Press Release, Competition Law, Supermarkets

New Powers to Fight Counterfeiting Trading standards officers have new powers to tackle counterfeiting and piracy crime come into force today, test purchases, enter premises and inspect and seize goods and documents, IP Crime Group will coordinate through newly renamed UK Intellectual Property Office 10.04.07 IPO Press Release, Copyright, Counterfeit Goods, Gowers Review, Intellectual Property, Trading Standards

Freshfields Advises Cinven on Camaieu On 22 March 2007, the shareholders of Modamax, the holding company that controls French listed women's clothing retailer Camaieu, signed an agreement relating to the transfer of 100% of Modamax to Modacin Luxembourg, a holding company controlled by investment fund Cinven 02.04.07 Freshfields Press Release, Capital Markets, Private Equity

Directors Sue for Data Security Breach There is a toughening regulatory regime in the UK to punish security breaches, in the US shareholders are entering the arena, suing US parent of stores group TK Maxx following theft of customer data 30.03.07 Eversheds, Capital Markets, Corporate Governance, Data Protection, US Corporate Governance

Keep Open Covenants A keep open covenant requires a tenant to actively trade for the duration of its lease, but what is the landlord's remedy if the tenant ceases to trade? In other words, do keep open covenants really work? 24.03.07 Law Now, Commercial Property

Stonegate + Deans Inquiry The Competition Commission has provisionally concluded merger of Clifford Kent, parent company of Stonegate Farmers, and Deans Food through the creation of Noble Foods would reduce competition in key markets for eggs leading to higher prices 08.01.07 Competition Commission, Competition Law

Conusmer Code Approval Carpet Foundation has become first trade body within home furnishings sector to successfully secure OFT approval for its code of practice under the OFT's Consumer Codes Approval Scheme (CCAS) 03.01.07 OFT Press Release, Competition Law, Consumer Rights

Rise in Legal Age to Buy Tobacco Proposals to crack down on smoking amongst teenagers include increasing minimum legal age to purchase tobacco and imposing tougher sanctions on retailers who persist in selling cigarettes to under-age teens 02.01.07 DoH Press Release, Tobacco

Retailers Lose Price-Fixing Appeal Argos, Littlewoods, JJB Sports have lost appeal against OFT ruling on price fixing in toys, games, replica football kits, first Appeal Ct case under Competition Act 1998 20.10.06 Office of Fair Trading, Competition Law

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