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Electrocentrale Bucuresti (ELCEN), the largest producer of termic energy in Romania, has signed a EUR 170 million joint venture agreement with Marubeni Corporation on July 29 to build a gas heating plant of approximately 250 MW in Fantanele, Romania. 

In what Shearman & Sterling calls "an historic arbitral award,” on July 18, 2014, an Arbitral Tribunal sitting in The Hague held unanimously that the Russian Federation had breached its international obligations under the Energy Charter Treaty by destroying Yukos Oil Company and appropriating its assets.


On July 24, 2014, Bayerische Landesbank (BayernLB) issued a press release announcing that it is set to sell its Hungarian subsidiary bank, Magyar Kereskedelmi Bank (MKB), to the Hungarian government. BayernLB is being advised by Lakatos, Koves & Partners.

A court in Guam has personal jurisdiction over Russian national Roman Seleznev who was arrested in the Maldives and brought to the US to stand trial in cash register systems hacking case, according to the memorandum filed by prosecutors with the court and obtained by RAPSI.

"Microsoft Store Front" by COLLINS: - Own work

The Krasnoyarsk Region Commercial Court has ordered Kansky Commercial Bank to pay RUB 597,700 (USD 16,773) to Microsoft Corporation for the illegal use of the company’s software, the court told RAPSI on Wednesday.

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