Quebecor claims rights over sale of embattled Just For Laughs comedy festival

first_imgAdvertisement Quebecor (TSX;QBR.B) filed a request for an injunction in Quebec Superior Court on Wednesday demanding its 2012 partnership deal with the comedy festival be respected. MONTREAL — Media giant Quebecor Inc. is claiming the embattled Montreal-based Just For Laughs company cannot be sold without its consent. Facebook Advertisement Advertisement The sale has been entrusted to RBC Capital Markets, which is the target of Quebecor’s lawsuit. Gilbert Rozon, founder and majority shareholder of Just For Laughs, announced he was selling the company after becoming the subject of numerous allegations last year of sexual harassment and abuse. It claims the agreement gives it a right of first refusal regarding the sale of the company. The president of Just For Laughs, Guylaine Lalonde, said in a statement the company will contest Quebecor’s legal move, which it described as “clearly ill-founded.”She said the sale process is proceeding as normal. Quebecor says it has the right to buy the festival and that if it rejects the asking price, Just for Laughs cannot be sold to a third party for less. Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Quebecor claims to have injected more than $45 million into various partnerships and sponsorships in Just For Laughs since it signed the 2012 agreement. Twitterlast_img read more

9 CBI officers get medal in excellence from MHA

first_imgNew Delhi: Nine CBI officers have been given medal for excellence in investigation, a first for the agency, for 2018 by the Union Home Ministry, officials said on Thursday.This award has been given to a total of 101 police officers from across the country, including nine from the Central Bureau of Investigation for the first time after being instituted by the ministry, they said. The winners from the CBI include Deputy Superintendents of Police — Velladurai Navaraju, Seema Pahuja, Roshan Lal Yadav, Ramavtar Yadav, Rajesh Kumar, K Pradeep Kumar and Inspectors Chandrakant Vithal Pujari, Girish Kumar Pradhan and Raman Kumar Shukla, they said. “The objective for institution of the medals for police investigators is to promote high professionalism standards of investigation of crime in the State Police and Central Investigating Agencies in the country and to recognise such excellence in investigation by investigating officers of the Police organisations,” a CBI spokesperson said.last_img read more

Purity of Indian democracy too sacred EC monitoring use of social media

first_imgNew Delhi: IT Minister Ravi Shankar Prasad Wednesday sounded a warning to social media companies not to allow their platforms to be abused to influence elections, and said the Election Commission is maintaining vigil on the issue. Stating that the purity of Indian democracy is “too sacred”, the minister said while the use of social media for campaigning was okay, platforms should ensure that the data is not abused under any cimcumstances. Also Read – Uddhav bats for ‘Sena CM’ Asked if the IT ministry was monitoring the situation, he said the Election Commission (EC) is already monitoring it and also has the power to take action. Prasad said, “the Election Commission is already monitoring it (situation). Let them monitor it…They held a meeting…it is only appropriate and desirable that the EC must monitor, co-ordinate and lay the ground rule for working of social media during elections. “On my side, I can only make this observation that the purity of Indian democracy is too sacred, and social media please ensure that the data is not abused to influence election. If someone wants to use social media for campaigning I have no problem.” Also Read – Farooq demands unconditional release of all detainees in J&K The comments come a day after the social media intermediaries and the internet and mobile association Tuesday told the Election Commission that they would shortly come up with a draft ‘code of ethics’ for the industry as part of a mechanism to prevent abuse of social media platforms during the Lok Sabha elections beginning April 11. Representatives of the Internet and Mobile Association of India (IAMAI) and social media platforms such as Facebook, Twitter and TikTok had been called by the poll panel to discuss the issue of evolving mechanism to prevent abuse on social media platforms. The EC also wanted to ensure that elections are insulated from outside influence. A statement issued by the EC had said the meeting also discussed evolving a ‘notification’ mechanism by social media platforms for acting upon the violations of Section 126 of Representation of the People Act, 1951, and preventing misuse of these platforms. Section 126 of the Act prohibits advertising and campaigning on TV and other electronic media during the silent period, which is 48 hours before the end of polling. With ensuing general elections, the Indian government had warned social media platforms of strong action if any attempt was made to influence the country’s electoral process through undesirable means. Over the past few months, social media players and tech firms such as Facebook, Twitter and Google have promised to infuse more transparency into political advertisements on their platforms, and have since announced a slew of measures as part of election integrity efforts.last_img read more