Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Alticor
UK Court Validates Amway Reforms
June 1st, 2008
A British court has dismissed all government claims against Amway (UK) Ltd., ending a lengthy dispute with a solid validation of the company's reformed business model. The ruling by Mr. Justice Norris of the High Court declared that the company could continue doing business under a series of reforms volunteered by the company over the past year. The judge did express his belief that Amway allowed "misrepresentations" of its business by Independent sales organizations in years past, and failed to act decisively against those misrepresentations. However, he then noted that he was satisfied that the "radical changes" introduced by...
Source: Pharma Investments, Ventures & Law Weekly (2008-06-01)
|
