FACEBOOK PRIVACY CAMPAIGNER HAS COSTS LIMITED – The Irish Times reports that privacy campaigner Max Schrems will have to pay no more than €10,000 in legal costs should he lose his legal action arising from the mass transfer of data by Facebook Ireland to the US intelligence services, a High Court judge has ruled.
In what is known as a “protection costs order”, Mr Justice Gerard Hogan applied a €10,000 limit to costs of the Austria-based law student’s legal challenge to the Data Protection Commissioner’s refusal to deal with his complaint over the data transfer issue.
In the context of other rulings made on costs issues in similar cases brought over important constitutional issues, the judge said he was unlikely to make a costs order against Mr Schrems in any event.
Rather than give a protective costs order for €55,000, as sought by the Data Commissioner in recognition of the amount Mr Schrems has obtained through a fund-raising campaign, the judge said he would limit it to €10,000.
DUBLIN BUSINESSES URGED TO CUT UNEMPLOYMENT - Arnotts, The Westbury Hotel and Clerys are among the big businesses being urged to hire new recruits from the Live Register, according to The Irish Independent.
Tánaiste Joan Burton and her officials addressed more than 100 firms from around the capital on the grants and supports available - up to €10,000 - if an employee is taken off the dole queue.
The social protection minister said thousands of skilled and educated men and women are out of work and ready to be matched with potential employers.
"The Government is committed to strengthening the domestic economy and job creation remains our top priority, but with a renewed emphasis on making work pay for ordinary workers," Ms Burton told members of Dublin City Business Improvement District.
TIME WARNER REJECTS MURDOCH’S $80bn BID – The Financial Times reports that Time Warner has rejected an $80bn bid from Rupert Murdoch’s 21st Century Fox, setting up a stand-off between two of the biggest names in television and film at a time when content companies have become dwarfed by the cable and satellite groups that carry their programming.
Mr Murdoch has pulled off many audacious deals over the past half century, but the media mogul saved his biggest bid until well into his ninth decade.
The cash and stock offer, worth around $86 a share based on Tuesday’s closing price, would add HBO, Turner and Warner Bros to his empire and united media brands from Batman to Fox News host Bill O’Reilly.
The offer was made in early June at a private lunch in Time Warner’s Manhattan headquarters attended by Chase Carey, Mr Murdoch’s top lieutenant, and Jeff Bewkes, Time Warner’s chairman and chief executive.
When Mr Carey made the offer, Mr Bewkes abruptly ended the lunch to consult his board, said a person familiar with the situation.
COILLTE PENSION DEFICIT ROW SETTLED – The Irish Examiner reports that an action over a €23m deficit in the pension scheme of State forestry body Coillte Teoranta, affecting 2,000 people, has been settled at the commercial court on undisclosed terms.
The case was listed for hearing on Tuesday but talks continued between the sides throughout the day after which Ms Justice Mary Finlay Geoghegan was asked to adjourn the matter yesterday to allow for final documents to be signed.
The judge was told by Brian O’Moore SC, for the scheme trustees, the case was finally settled and could be struck out with no order. No details of the settlement were disclosed.
Last month, after being told there was still no legally binding agreement in place to tackle the deficit, Mr Justice Peter Kelly said he was listing the action to proceed to hearing.
On that occasion, Mr O’Moore said the matter had dragged on for half a decade but, since the court proceedings were taken last March, progress was achieved.
The court was previously told the agreement on addressing the deficit required approval of two government ministers — for public expenditure and reform and for agriculture.