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  • A decade of development

    first_img Relax Gaming chairman Patrik Österåker reflects on the changes within content development during the supplier’s first 10 years… AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter A decade of development 26th May 2020 | By Josephine Watson Casino & games Patrik Österåker co-founded Relax Gaming in 2010 and was instrumental to the start of its success story. Together with his business partner Jani Tekoniemi, Patrik formed the foundations of the company, initiating a legacy of technical excellence. Prior to this, Patrik’s extensive experience spans a background in software development in telecoms and a highly successful industry position at iGame Malta as a chief technology officerContent creators must be equally focused on both differentiation and quality if they are to succeed and survive in this most cut-throat of times, according to Patrik Österåker, chairman and co-founder of Relax Gaming.Österåker’s company is among the leading content and aggregation suppliers in the European online gaming sector and this year celebrates 10 years since its foundation. Over the course of the last decade it has established itself as an important partner for major operators such as Leo Vegas, Kindred and Playfortuna, as well as pioneering game studios like Fantasma Games and Big Time Gaming.Relax offers its own content and games from around 35 content partners – with the capacity to absorb many more – and Österåker is adamant that in a more mature market it takes even more for a game to impress decision-makers at aggregation services or B2C operators. The increasingly discerning player also has greater demands of game designers.“We have a market flooded with games,” said Österåker, who launched the company with Jani Tekoniemi in March 2010. “For a studio to make a breakthrough they need to establish quality, but also differentiation.“However, it’s a mistake to focus on one but not the other. You have to take in both. Is the differentiation because the game’s too off-beat or no good? Is the quality of the game high but exactly the same as hundreds of others?“I have seen lots of games over the years, but I am still occasionally wowed. The nature of the business is that there are quite a few misses before you have a hit. When we start working with a partner, we realise that it can take some time before they get the big hits.” Complexity of complianceMuch has changed in the 10 years since Relax Gaming was founded with an initial goal of becoming a leading technical provider of high-quality gaming solutions. Originally envisaged as a technology partner within a sector considered lagging behind many others in terms of innovation, Relax moved towards content creation and aggregation as it became more obvious that this was a growing area of potential which suited its capabilities.“Aggregation is essentially enabling access to games,” said Österåker, whose company has offices in Estonia, Malta, Sweden, Finland and Serbia.“There has been a huge influx of suppliers in the last five years, and even more so in the last two years.“Many of these newcomers hope for direct reach to operators and many now try that with their own platform. However, operators wish to limit the number of partners they have due to the headache of matters such as compliance and invoicing. That drives them towards the aggregator model, with larger companies such as ours being able to offer not only a large number of games but also a comprehensive compliance service across many markets.“Underestimating the challenge of compliance is a clear mistake that can bite operators and studios. Regulation in Europe is becoming more complex, which favours established content providers with the resources to ensure compliance, such as ourselves.”Relax has accomplished much in the years since 2010, but one of its greatest milestones came in 2015 when it built a new poker product from scratch for global gaming giant Kindred. With the stakes so high, it was the kind of project that can make or break a company.“That changed everything for us,” Österåker said. “For eight months it was pretty much the only thing our entire business was working on. We knew that it would be such an important deal for us, that it would completely change how we were viewed by the rest of the industry.“There were times when it was hard. Looking back, you think about the achievement, but for a long time there was so much pressure to succeed and satisfy the client.This built upon what Relax now identifies as one of its core promises – delivering on its promises through technical prowess: “When you complete a high-profile project like that you show that you are able to play with the big boys as a trusted supplier. That achievement made us both more confident and more ambitious.” Casino focusLooking ahead, Österåker sees the continued development of Relax’s casino offering as the most important area of focus, with a view to continue delivering aggregation with scale and sustainability.“We see ourselves as a multi-product house, but casino is where we are scaling up and ramping up game production,” he said. “Operators maybe just have a single supplier for poker and bingo, but there are many more opportunities in casino.“Five years ago, poker was our No.1 focus because that was where our expertise lay. You have to move with the market and make the right decisions.”Speaking of “the right decisions” Österåker is relieved that Relax’s choices over the last 10 years seem to have led it away from those verticals most impacted by the coronavirus pandemic. “We are so far untouched,” he said, although cautioning that no-one yet knows the wider, long-term impact on Relax, its partners and its competitors.He added: “We have an open mind to the future. It might be that we are interested in an IPO or some of the M&A developments that have been so prevalent in the industry in the last decade. However, it’s not something we are actively pursuing, and this is not a time for risk. This is a time to be grateful for the solid base we have established.”center_img Tags: Card Rooms and Poker Online Gambling Email Address Subscribe to the iGaming newsletter Topics: Casino & games Pokerlast_img read more

  • Lafarge Zambia Plc 2002 Annual Report

    first_imgLafarge Zambia Plc (LACZ.zm) listed on the Lusaka Securities Exchange under the Building & Associated sector has released it’s 2002 annual report.For more information about Lafarge Zambia Plc (LACZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Lafarge Zambia Plc (LACZ.zm) company page on AfricanFinancials.Document: Lafarge Zambia Plc (LACZ.zm)  2002 annual report.Company ProfileLafarge Zambia manufactures and sells cement and aggregate products for the local building and construction industry in Zambia and for international export. Well-known brands in its product portfolio include: Mphamvu, a Portland limestone cement; Powerplus for heavy industrial construction, Supaset for making cement blocks, RoadCem to road construction, Powercrete for applications in the mining industry, and Wallcrete for masonry projects such as bricklaying, plasterwork and floor screeding. Aggregates produced by Lafarge Zambia are used in building projects, heavy construction, road construction, mining, and the production of concrete products. The company also produce a ready-mix concrete product, and supplies products used in rail and road infrastructure. Lafarge Zambia has 2 fully-integrated cement plants based in Ndola and Lusaka, with a total production capacity of 1.4 million tons per annum. Lafarge Zambia exports cement products to Tanzania, Burundi, Democratic Republic of Congo, Malawi, Namibia and Zimbabwe. Lafarge Zambia Plc is listed on the Lusaka Stock Exchangelast_img read more

  • Equity Bank Group Limited (EQTY.rw) Q12014 Presentation

    first_imgEquity Bank Group Limited (EQTY.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2014 presentation results for the first quarter.For more information about Equity Bank Group Limited (EQTY.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Group Limited (EQTY.rw) company page on AfricanFinancials.Document: Equity Bank Group Limited (EQTY.rw)  2014 presentation results for the first quarter.Company ProfileEquity Bank Group Limited is a leading financial institution based in Kenya which offers products and services to private individuals and small-to-medium enterprises, and the corporate banking market. It operates in six geographical markets; Kenya, Uganda, South Sudan, Rwanda, Tanzania and the Democratic Republic of Congo (DRC). The consumer division targets salaried customers or customers who receive regular remittances, such as a pension. The SME division provides financial solutions for working capital needs, property development and acquisition of assets. The corporate division targets large enterprises offering products and services that range from equity, mortgage and asset finance loans to trade finance, development loans and business loans. Formerly known as Equity Bank Limited, the commercial bank is a wholly-owned subsidiary of Equity Group Holdings Limited. Equity Bank Group Limited is listed on the Rwanda Stock Exchangelast_img read more

  • Forget Bitcoin! I think this FTSE 250 stock could be a better long-term buy

    first_img Jonathan Smith | Thursday, 6th February, 2020 | More on: GAW Simply click below to discover how you can take advantage of this. Jonathan Smith and The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” There has been a large amount of news coverage this week for Bitcoin as it reached a fresh high for 2020 at $9,745. Indeed, with some forecasters saying that the path is cleared to a move to $14,000 in the short term, this could present a huge profit if realised for some investors.As we have seen in previous years though, the high volatility of Bitcoin means that large profits can be wiped out very quickly with a sudden sell-off (often with no fundamental reason). Trying to accurately predict gains for the long term has proved almost impossible.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…From my point of view, I would much rather invest in a sound company that I believe has potential to grow for the long term, but without the extreme volatility of a commodity like Bitcoin.To this end, let’s look at one company with plenty of potential.Let’s play a gameIf you take a look at the share price over the past five years for Games Workshop (LSE: GAW), you’ll see a very strong performance. The business has gone from strength to strength, capitalising on a growing market in general. I wrote a piece flagging how an investment of £1,000 five years ago would now be worth over £12,000. In my opinion, this growth is sustainable and is supported by the financials of the business.While some criticise it for not having any debt on the balance sheet to fund growth, I think that the business is happy with growth through organic means and no debt is a great position to be in. A good example of this is growth in the third-party distribution arm of the business. The wholesale arm grew by 27% in the second half of last year, accounting for around half the firm’s income.In my opinion, it makes more sense to push growth through this channel and increase retained profits via cash than by raising funds in the debt market.Is the share price too expensive to buy now? A very good question as the P/E ratio stands at 32, which is high. Yet the business does not have a huge market capitalisation yet, and still sits in the FTSE 250 and I think it can easily grow further without reaching any glass ceilings. Even if you do think it looks a bit expensive, you can look to offset any short term pullback by a dividend that is starting to be paid. The lack of debt and solid revenue growth has meant an abundance of profits are starting to be distributed. In 2018, the dividend was 68p per share, and last year it rose to 100p. The actual yield sits at a modest 2.65%, but I expect this to grow as the dividend payout likely will be upped on performance again this year.Overall, flash-in-the-pan spikes (as we see at Bitcoin or like we have seen with Tesla this week) can provide short-term profits, but I much prefer to invest in more linear share price growth over several years, which is I like Games Workshop. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Forget Bitcoin! I think this FTSE 250 stock could be a better long-term buy Our 6 ‘Best Buys Now’ Shares See all posts by Jonathan Smith I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

  • US diabetes charity raises $50,000 online

     13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis US diabetes charity raises $50,000 online The Juvenile Diabetes Foundation in New York has raised over $50,000 in online donations from 230 donors since it started accepting donations via its Web site in December.The Juvenile Diabetes Foundation in New York has raised over $50,000 in online donations from 230 donors since it started accepting donations via its Web site in December.Read Michael Bush’s Online Donations Exceed Expectations at Diabetes Group at dmnews.com Advertisement Howard Lake | 27 January 2000 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. read more

  • ACI Worldwide bring more new jobs to Limerick

    first_imgNewsBreaking newsBusinessACI Worldwide bring more new jobs to LimerickBy Staff Reporter – October 17, 2016 748 WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Email Limerick Ladies National Football League opener to be streamed live Facebook Limerick’s National Camogie League double header to be streamed live WhatsApp Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Twittercenter_img Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” RELATED ARTICLESMORE FROM AUTHOR Advertisement Print TAGSACI WorldwidefeaturedIDAlimerick ACI Worldwide are establishing a dedicated data centre in Limerick ACI Worldwide are establishing a dedicated data centre in Limerick50 more new jobs have been announced for Limerick as ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, announce the opening of its new European data centre.Located in Limerick, this state-of-the-art facility delivers the utmost in reliability, security and data privacy, further expanding world-class payments solution capabilities and capacity for European customers, comprising some of largest merchants, intermediaries and financial institutions, including the two biggest banks in Ireland.In order to accommodate growing EMEA demand, the new fully redundant data centre was built and launched in record time, and meets the most stringent security and compliance standards. Moreover, it further leverages ACI’s product investments to make its Universal Payments solutions available to European companies through ACI’s private cloud.Sign up for the weekly Limerick Post newsletter Sign Up The facility also brings job growth to the region. In partnership with IDA Ireland, ACI will add 50 new hires, on top of the current team of nearly 100. The company has had a presence in Limerick for ten years, cultivating strong talent as part of its long-standing internship program and collaboration with the University of Limerick.To commemorate the data centre opening, ACI today welcomed senior dignitaries from across the country to visit the facility. Minister for Jobs, Enterprise and Innovation Mary Mitchell O Connor T.D. warmly welcomed the investment by ACI. “This new project, involving the construction of a new data centre in Limerick, is exactly the type of value added project we are pursuing. Hosting a data centre is a commitment for the long-term, given the scale of the capital investment involved. Ireland has attracted data centres from virtually all the major players over recent years and this is testament to Ireland and our agencies involved. ACI’s commitment is a great vote of confidence in both the infrastructure and skills available in the region. I wish ACI and its team continued success.”The Minister for Finance Michael Noonan T.D. said: “I’m delighted to see ACI cementing its presence in the Limerick region with the addition of this data centre. A further 50 jobs and increased physical infrastructure is testament to ACI’s confidence in Limerick and its highly skilled workforce. As Minister for Finance, I have championed electronic payments and have overseen a move in Ireland toward more efficient and convenient uses of electronic payments. I am a firm believer in the work that ACI is doing and I am grateful to see that they are a firm believer in the people of Limerick and the broader region.”Also speaking at the event, Minister for Employment and Small Business Pat Breen T.D. commented: “This is another very welcome announcement for the region and follows on from other recent significant announcements for Limerick. All jobs created have a positive knock on effect on the wider region. It is important that we continue to pursue opportunities for investment and job creation across all rural Ireland. Once again this investment is a testament to the skilled workforce and the attractiveness of the region. I wish the team at ACI every success for the future.”IDA CEO Martin Shanahan said: “It is great to see this company, which has been extremely successful in Ireland and across Europe, continue to grow and develop its operations here in Limerick. Supporting established companies like ACI is a key focus for IDA. The addition of this new data centre confirms ACI’s ongoing commitment to the region, and its continued growth presents further employment opportunities for the great pool of talent in Limerick and the wider region. I wish ACI continued success here.”“We are very excited about our new European data centre and the tremendous overall opportunities for ACI in the region, which is testament to our great team and our powerful Universal Payments offerings,” said Phil Heasley, president and CEO, ACI Worldwide. “As more organizations embrace private cloud solutions to gain a competitive edge, they’re turning to ACI; our dedicated cloud payments offerings provide the security, privacy and reliability that customers need and expect from mission-critical payment solutions.”ACI provides world-class electronic payments, banking, and fraud protection solutions and services to more than 4,600 financial institutions, retailers, and billers around the world through a private cloud, processing more than 35 million transactions per day.About ACI WorldwideACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries as well as thousands of global merchants rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software and SaaS-based solutions, we deliver real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide. Previous articleMan to be charged over fatal Limerick assaultNext articleMunster mourns a fallen hero Staff Reporterhttp://www.limerickpost.ie Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img read more

  • TxDOT traffic alerts for June 13 to 15, 2019

    first_imgLocal News TxDOT logo Texas Department of Transportation traffic alerts for June 13 to 15, 2019. >> ECTOR COUNTY: Contractor will be seal coating the state portion of West 16th Street (FM 3472 from FM 1936 to West Loop 338 Friday and Saturday, weather permitting. Please avoid area. Expect loose rock and wet material. Please obey flaggers and warning signs. >> MIDLAND COUNTY: Contractor will be seal coating RM 1357 in the southeast portion of the county from FM 1379 to the Glasscock County line. Please avoid area. Expect loose rock and wet material. Please obey flaggers and warning signs. >> PECOS COUNTY: Crews will need a lane closure to work on FM 11 south of the Pecos River n Thursday 6-13. Please obey flaggers and slow down in work zone. >> REEVES COUNTY: Crews will need a lane closure to work on FM 2903 about nine miles south of Toyah on Thursday 6-13. Please obey flaggers and slow down in work zone. Please follow pilot car safely. By Digital AIM Web Support – February 24, 2021 WhatsApp WhatsApp Twitter Pinterest TxDOT traffic alerts for June 13 to 15, 2019center_img Facebook Facebook Pinterest TAGS  Twitter Previous articleDr. Daniel Cepero Memorial Track and Field meet : Day 2Next articleZion Williamson leads Pelicans past Pistons, 128-118 Digital AIM Web Supportlast_img read more

  • Five CLAT Aspirants Move SC Against Jharkhand HC Order Dismissing The Petition Challenging NLAT 2020 [Read Petition]

    first_imgTop StoriesFive CLAT Aspirants Move SC Against Jharkhand HC Order Dismissing The Petition Challenging NLAT 2020 [Read Petition] LIVELAW NEWS NETWORK13 Sep 2020 11:31 PMShare This – xFive CLAT aspirants has approached the Supreme Court challenging the Jharkhand High Court Judgment which dismissed their petition challenging the NLSIU’s decision to hold a separate Admission Test -NLAT2020 According to the petitioners the entire purpose of CLAT would be frustrated by the holding of a separate NLAT by NLSIU as is sought to be done for the current academic year. Moreso,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginFive CLAT aspirants has approached the Supreme Court challenging the Jharkhand High Court Judgment which dismissed their petition challenging the NLSIU’s decision to hold a separate Admission Test -NLAT2020 According to the petitioners the entire purpose of CLAT would be frustrated by the holding of a separate NLAT by NLSIU as is sought to be done for the current academic year. Moreso, in the current scenario, where during the Covid-19 pandemic, aspirants would have to expose themselves to further risk by appearing for multiple examinations.The NLAT was conceived to be a home-based proctored online examination wherein candidates were to attempt the examination using a computer device at their respective location. Petitioners submitted that a home proctored admission test may not be able to curb the menace of cheating thereby jeopardizing the entire admission process as was recently witnessed in a home proctored exam by a leading private university in the country. In view of the demands of many students to have test centres across the country due to non-availability of adequate resources to appear in a home proctored test, NLSIU made certain arrangements for the same. However, it is submitted that the arrangements were inadequate and prejudicial to the interest of students in the current circumstances. The Petitioners also submitted that the conduct of the NLAT on 12.09.2020 also left a lot to be desired, for the following reasons: 1. multiple issues related to verification, login, and facial recognition through their webcams. 2. complaints regarding not being able to take simulation exams. 3. great difficulty in contacting physical test centres for registration. 4. test centres in only 40 cities in the country (centres only in 20 States & 3 UTs, leaving 8 states and 5 UTs without any test centre). 5. less time being given than scheduled time of 45 minutes. 6. automatic submission of test paper much before scheduled time. 7. arbitrary warnings being given to the candidates. 8. inadequate infrastructure at test centres. 9. unresponsive helpline number. 10. various complaints made to NLSIU regarding use of unfair means by candidates. “NLSIU ought not to be permitted to change the rules of the game midway. The Petitioners had registered for CLAT as far back as in January 2020 on the understanding that the same would govern admission to 23 National Law Schools all over the country, including the NLSIU”.High Court Judgment “The present matter has pan India ramifications and petitioners have failed to make out a strong ground so as to invoke the extraordinary writ jurisdiction of this Court which is otherwise plenary in nature, it would not be appropriate for this Court to interfere with the notice dated 03.09.2020 issued by NLSIU, Bengaluru”, Jharkhand High Court said while dismissing the Writ petition challenging the decision of National Law School of India University (NLSIU), Bangalore, to hold a separate admission test called the National Law Aptitude Test (NLAT).A Single Bench of Justice Rajesh Shankar had reserved the Orders on Thursday (10th September) on the petitions filed by 5 law aspirants from Jharkhand who challenged the decision of the NLSIU to hold a separate admission test and sought the quashing of the notice dated 03.09.2020 issued by NLSIU declaring that a separate examination for admission to its Five Years B.A, LL.B. (Hons.) degree programme will be held on 12.09.2020.The Court acknowledged the fact that due to the outbreak of COVID-19, the CLAT 2020 was not conducted on the scheduled date and was shifted from time to time and presently the said examination is scheduled to be held on 28.09.2020.In the meantime, the Court noted, on 03.09.2020 the NLSIU, Bengaluru came up with a notice informing inter alia that the NLSIU Bengaluru would be conducting a separate examination on 12.09.2020 for admission to its five years B.A. LL.B. (Hons) degree programme.To get the information regarding the Arguments put forth in the Jharkhand High Court on Thursday (10th September), please refer to this article.Court’s OrderThe Court took note of the fact that the examination of National Law Aptitude Test (NLAT) 2020 is scheduled to be held on Saturday (12.09.2020) and the students from all over the country will appear in the said examination and thus, the primary question before this court is as to whether in the present facts and situation, would it be appropriate for this court, keeping in view the future prospects of thousands of students, to pass any direction which may have ramifications all over the country.While relying on the Judgments of the Apex Court in the Cases of Narendra Kumar Maheshwari v. Union of India & Others 1990 Supp SCC 440, Chhavi Mehrotra v. Director General, Health Services 1995 Supp (3) SCC 434 and Union of India & Ors. Vs. R. Thiyagarajan 2020 SCC Online SC 349, the High Court concluded that there cannot be a straitjacket formula to deal with the cases affecting an all-India issue or having ramifications all over the country.In this context, the Court noted,”The High Courts themselves should introduce a certain amount of discipline having regard to the principles of comity of courts administering the same general laws applicable all over the country in respect of granting interim orders which will have repercussion or effect beyond the jurisdiction of the particular courts. Such an exercise will be a useful contribution in evolving good conventions in the federal judicial system.”The Court further remarked,”It is not justified for a High Court to pass any order which has pan India repercussions. The reason behind it is that when the same issue is raised in different High Courts, there might be a possibility of different views coming up which would create an impossible situation for the implementing agency to comply with all the orders.”While relying on the Judgment of the Apex Court in the Case of Kusum Ingots & Alloys Ltd. Vs. Union of India & Another, reported in (2004) 6 SCC 254, the High Court said that even if a small part of the cause of action arises within the territorial jurisdiction of the High Court, the same by itself may not be considered to be a determinative factor compelling the High Court to decide the matter on merit. The Court, in appropriate cases, may refuse to exercise its discretionary jurisdiction by invoking the doctrine of forum convenience.Further, the Court observed,”Most of the grounds taken by the petitioners in challenging the impugned notice dated 03.09.2020 issued by NLSIU, Bengaluru to conduct NLAT, 2020 are substantially based on the terms and conditions of the bylaws agreed amongst all the participating NLUs forming the CLAT Consortium, the secretariat of which is located at Bengaluru itself.”The Court also took into account the fact that the petitioners-students have also based their contentions on the alleged violation of different terms and conditions of the bylaws by NLSIU Bengaluru which is also located in the State of Karnataka.To this, the Bench said,”In my view, it primarily seems to be an inter se dispute between CLAT consortium and NLSIU Bengaluru and this court has no territorial jurisdiction to adjudicate the same.”The Court also took into account the fact that a similar writ petition was pending before the Apex Court.It may be noted that the said petition was filed before the Hon’ble Supreme Court by a former Vice-Chancellor of NLSIU, Bengaluru, challenging the decision of NLSIU, Bengaluru to conduct a separate Law Entrance Examination i.e. NLAT, 2020.On Friday (11th September), the Bench headed by Justice Ashok Bhushan allowed the National Law School of India to conduct the Admission Test-NLAT2020 as per the schedule tomorrow.However, the Bench restrained the Administration from declaring the results and making Admissions.The present petition has been filed through by advocates Shubham Gautam, Baibhaw Gahlaut through the chambers of Kush Chaturvedi, AOR Aditya Shekhar, Adv. Priyashree Sharma, Adv.Click Here To Download Petition[Read Petition]Next Storylast_img read more

  • DA moving forward with Manafort case after Trump pardon

    first_imgFull Name* Manhattan district attorney Cy Vance, Paul Manafort, and President Donald Trump (Getty)Manhattan’s district attorney is moving forward with his effort to prosecute Paul Manafort on mortgage fraud charges after President Donald Trump pardoned his former campaign chairman Wednesday. The case is likely to test a law New York passed last year to close the “double jeopardy loophole” for presidential pardons.District Attorney Cy Vance’s office said it is continuing its attempt to appeal a ruling from last December in which a New York judge threw out its fraud charges against Manafort.Judge Maxwell Wiley ruled that the prosecutor couldn’t bring those charges against Manafort, who at the time was serving a 7 ½-year prison sentence after being convicted in federal court in 2017 on charges relating to his business dealings. This October, an appellate court upheld that ruling.Trump granted clemency to Manafort, citing “blatant prosecutorial overreach” in the case, but Vance’s office said it is not letting Manafort off the hook.“This action underscores the urgent need to hold Mr. Manafort accountable for his crimes against the people of New York as alleged in our indictment, and we will continue to pursue our appellate remedies,” Vance spokesperson Danny Frost said in a statement.Manafort’s defense attorney could not be immediately reached for comment.The former campaign chairman had been released from prison in May because of coronavirus concerns.Vance filed a 16-count indictment against Manafort in March 2019 that included allegations he deceived banks in order to get a loan on Soho condominium at 29 Howard Street in Manhattan.The charges came on the same day a federal judge increased Manafort’s prison sentence and were largely seen as a hedge in case Trump issued a pardon.In October of last year, New York state Democrats passed a law to close the “double jeopardy loophole,” to allow the state to prosecute people for state crimes after they have received presidential pardons, but it’s not clear how that will affect Manafort now.Dmitriy Shakhnevich, a constitutional law professor at the John Jay College of Criminal Justice, said that if prosecutors move forward with a case against Manafort, it’s likely the state’s new law will be called into question.“It will be challenged for sure if there’s any state prosecution under this law,” he said.Contact Rich Bockmann Email Address* Share via Shortlink Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Tagscyrus vanceDonald TrumpPaul Manafortlast_img read more

  • Bees Fall To Rainiers To Kick Off Extended Road Trip

    first_imgAugust 20, 2019 /Sports News – Local Bees Fall To Rainiers To Kick Off Extended Road Trip Tags: PCL/Salt Lake Bees/Tacoma Rainiers Written by FacebookTwitterLinkedInEmail(Tacoma, WA) — The Rainiers scored five runs in the second inning to beat the Bees 8-3 in Tacoma.Jared Walsh went 2-for-3 with an RBI and pitched the ninth inning, striking out two while not allowing a hit. Parker Bridwell gave up six runs on five hits and four walks over three innings to fall to 6-and-6.Salt Lake, which fell to 55-and-73, will continue its 11-game road trip tonight as they take on Tacoma again. Robert Lovelllast_img read more