All Legal articles – Page 6
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News briefsHanesBrands receives $20.5 million insurance compensation for 2022 ransomware attack
HanesBrands Inc. has received $20.5 million in insurance compensation for the 2022 ransomware attack that cost the company around $100 million in global sales. The apparel manufacturer disclosed the insurance payout in its third-quarter regulatory filing with the U.S. Securities and Exchange Commission (SEC), as the payment represents compensation for ...
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ArticleFESI welcomes EU Council’s latest steps towards gender equality in sports
The Federation of the European Sporting Goods Industry (FESI) has welcomed the steps taken by the European Council in recognizing the importance of gender equality in sport, calling it a “significant stride” towards the implementation of the recommendations set forth in FESI’s StrongHer manifesto. FESI commended the Council for its ...
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News briefsNorwegian Supreme Court rejects appeal: Rottefella wins patent dispute
Source: Rottefella Torstein Myklebostad, CEO of Rottefella After Rottefella was victorious last summer in a patent lawsuit against Amer Sports and its Salomon and Atomic brands, the Norwegian Supreme Court has now rejected Amer’s appeal, bringing the long-standing patent dispute over an adjustable cross-country ski binding system ...
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News briefsIOC president meets with UN secretary-general
The president of the International Olympic Committee (IOC), Thomas Bach, met with the United Nations (UN) secretary-general António Guterres on Nov. 20 before presenting the Olympic Truce draft resolution to the UN. The two leaders discussed the current issues in the world’s geopolitical situation, and both stressed the contribution of ...
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ArticleFrance announces physical activity and sport as 2024’s “Grande Cause Nationale”
Each year since 1977, the French Prime Minister has awarded the official label “Grande Cause Nationale” (great national cause) to a public interest campaign implemented by an organization or a group of associations, which will receive assistance and publicity throughout the year. The theme changes every year. For the first ...
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News briefsFrench business network Medef appoints a co-President for its Paris 2024 committee
Medef (Mouvement des Entreprises de France), the leading network of entrepreneurs in the country, has appointed Fabien Gilot as co-president of the organization’s committee for the Paris 2024 Olympics. Gilot will join forces with Dominique Carlac’h, who was already at the committee’s helm and will now share responsibilities with him. ...
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News briefsPower outage costs TGL a stroke
TGL, the new golf league we reported on about a week ago, finds itself in the rough. The league was set to make its debut this coming January with some serious pros in on its six teams, but a power outage has collapsed an air-supported dome on its playing grounds, ...
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News briefsPilar Alegría will head sports in Spain’s new cabinet
Spain’s Prime Minister Pedro Sanchez announced on Nov. 21 his new cabinet, which includes a reshuffling of some portfolios. Pilar Alegría, who has been at the helm of the Ministry for Education and Vocational Training since 2021, will continue heading the education system but has now gained an additional sports ...
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News briefsBSI voice support for sustainable EU supply chain laws
The German Sporting Goods Association (BSI) has voiced its support for the ambitious EU supply chain law, the EU Corporate Sustainability Due Diligence Directive (CSDDD), advocating for more impact-oriented sustainability legislation. “As an industry, we are open to appropriate, ambitious and impact-oriented sustainability legislation and advocate binding sustainability standards at ...
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News briefsTiger Woods team rounds out the TGL six
Tiger Woods will be fielding a golf team come January, according to Front Office Sports. Along with David Blitzer, who has stakes in a variety of professional sports clubs in the US and Europe, Woods is founding a franchise – the last of six – in the new TGL league, ...
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News briefsPadel players association complains to the FIP
The Professional Padel Association (PPA) has taken issue with the manner in which the International Padel Federation (FIP) is handling its tournaments. In a press release on its website, the PPA alleges “irregularities” in player draws and in the allotment of points and prize money. For instance, in the recent ...
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News briefsBSI officially voices support for ECHA’s planned PFAS ban
The Federal Association of the German Sporting Goods Industry (BSI) has officially voiced its support for the European Chemicals Agency (ECHA)’s planned ban on PFAS. Since February 2023, the ECHA has had a proposal on the restriction of the use of perfluorinated and polyfluorinated alkyl substances (PFAS), a group that ...
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News briefsAnother prospective Olympic host throws its beret into the ring
France has bid to host the Winter Olympics in 2030, as many outlets are reporting. As with the recent bid from Switzerland, the host is no single city but, instead, a group of regions coordinating their efforts and presenting a single project. The regions in question are Auvergne-Rhône-Alpes and Sud/Provence-Alpes-Côte ...
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News briefsNike sues New Balance, Skechers over Flyknit patent infringement
Nike has filed federal lawsuits in the US against New Balance and Skechers, accusing both companies of misusing the patented Flyknit technology – a patented technology allowing it to make high-performance uppers with reduced materials and waste – for their running, soccer and basketball shoes. The lawsuit against New Balance ...
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News briefsIOC approves Olympic Charter amendments that strengthen its human rights commitments
The International Olympic Committee (IOC) has announced that the 141st Session in Mumbai has approved changes to the Olympic Charter, the document that contains the fundamental principles of Olympism as well as the rules and bylaws adopted by the IOC. Additional wording has been included in the “Fundamental Principles of ...
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News briefsSaudi Arabia sole bidder for 2034 World Cup after Australia pulls out
Saudi Arabia has emerged as the sole bidder to host the men’s 2034 FIFA World Cup following Australia’s decision not to bid for that edition of the tournament. FIFA had set Oct. 31, 2023, as the deadline for federations in Oceania and Asia to formally declare interest in hosting the ...
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News briefsSports Minister: Russian market’s dependence on imported athletic apparel is nearly absolute
Russian dependence on imported athletic apparel and sports nutrition remains close to 90 percent, Oleg Matsisin, the Russian Sports Minister, said during a meeting with Russian President Putin. Russian analogs of athletic apparel good enough for high-level performances are available in limited quantities. There is only a limited range of ...
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News briefsCollaboration between Amazon and luxury brands leads to guilty plea from international counterfeiter
Information and evidence provided by Amazon’s Counterfeit Crimes Unit (CCU) and other luxury brands, including the Prada Group, to Chinese law enforcement has led to a counterfeit seller’s guilty plea to crimes related to the sale of counterfeit luxury products. Amazon has described the collaboration as “a unique and landmark ...
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News briefsLIV Golf appoints COO
Source: LIV Golf Lawrence J. Burian Following a “competitive international recruiting process,” LIV Golf has announced the appointment of Lawrence J. Burian as Chief Operating Officer (COO). In this role, he will oversee a large range of responsibilities, including corporate development and strategy, investor relations, human resources, ...
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News briefsEU takes steps to block products made by forced labor
The European Parliament is proposing a new legislation framework to investigate the use of forced labor in companies’ supply chains. If it is proven that a company has used forced labor, all import and export of the related goods would be halted at the European Union (EU)’s borders. Companies would ...
