YPC Weekly Newsletter

2002


THE RA COURT OF CASSATION STARTED REVIEWING THE DECISION ON THE SUIT OF HSBC-ARMENIA VERSUS “GOLOS ARMENII” AND “YERKIR” NEWSPAPERS

 On April 5 the Chamber of Civil and Commercial Cases of the RA Court of Cassation started the review of the decision of the RA Commercial Court on the suit of HSBC-Armenia bank versus “Golos Armenii” and “Yerkir” newspapers. The publications challenged the decision of the Commercial Court of March 4 with the supreme judicial authority of the country. As it has already been reported, the court had satisfied the suit of HSBC-Armenia bank and required the editions to refute the information disseminated on October 29, 2001 by “Noyan Tapan” news agency and published by them the next day (see YPC Weekly Newsletter, March 2-8, 2002). According to “Noyan Tapan” piece, Ruben Hakobian, the author of the fonts, accused the bank of computer piracy and filed a suit against it (see details in YPC Weekly Newsletter, March 16-22, 2002 and February 9-15, 2002).

During the hearings at the RA Court of Cassation the HSBC-Armenia bank accepted the offer of the attorney of the newspapers of reaching an agreement. The court determined the timeframe for the parties to discuss the issue and appointed the next session on April 19.