Schillings Announces Details Of The Protecting Reputations In Sports Conference

Schillings, one of the UK’s top law firms dedicated to protecting the reputations of international corporations, brands and celebrities, has announced the full conference programme for its upcoming forum in protecting reputations in sports at the Paramount Club, Centre Point in London on 31st March.

The half day Schillings conference will bring together leading experts in the industry. The keynote address will be delivered by the former international rugby star Kenny Logan, winner of more than 70 caps for his country. The speaker panel will debate issues facing sports brands and sporting professionals from a public relations, media and legal perspective.

The sports industry is a sophisticated and competitive marketplace. Correctly balancing the needs of the corporate sponsor, with those of the sporting team and the players and personalities involved, can provide a winning formula. However, in reality this balance is hard to achieve and even harder to maintain in an increasingly celebrity obsessed society.

Attendees at this event will:

– Gain a complete insight into the reputation management issues facing the sports industry
– Find out how the glare of the celebrity spotlight and the pressure of sponsorship can affect a sports personality’s performance
– Understand the importance of brand value and realise the commercial potential of brands
– Examine the new threats of unscrupulous marketers and the increasing cases of false endorsements in the sports world
– Discover how to use the law and PR to protect brands from a media threat
– Network with the industries’ leading figures over a networking lunch and drinks reception

The Schillings conference programme will open with a networking lunch followed by presentations covering brand value from both individual and corporate perspectives, before moving on to the realities and practicalities of a media crisis. The conference will then conclude with a panel discussion and drinks reception.

Representing Shillings will be the Conference Chairman and Schillings Partner, John Kelly, and Schillings Associate, Matthew Himsworth.

John Kelly heads up the Sports practice at Schillings as a litigation lawyer who represents high profile brands and individuals in the entertainment and sports world. As well as advising premiership and international football clubs and agents he also provides sports stars with advice on contract and commercial dispute resolution, sponsorship deals as well as general media management matters.

Matthew Himsworth is a lawyer who specialises in reputation management on behalf of corporate brands and public figures. Matt has extensive experience in dealing with the media in both pre- and post-publication matters. His sports practice includes clients such as Lance Armstrong, the Professional Rugby Players Associations, WMG and Premiership football.

Other speakers include Tim Luckett, Managing Director at Hill & Knowlton and Phil Hall, CEO of PHA Media

About Schillings:
Schillings is one of Britain’s top law firms dedicated to safeguarding the reputations of international corporations, brands, celebrities and high-profile business people. The firm’s track-record in defamation, privacy and copyright cases, as well as dispute resolution is second to none. Defamation, privacy and copyright are at the heart of the firm’s work, prompting The Independent newspaper to call Schillings a “spectacularly efficient media law firm.” Schillings clients include supermodel Naomi Campbell, actress Nicole Kidman, seven times Tour de France winner Lance Armstrong, premiership footballer Wayne Rooney, Harry Potter author JK Rowling, pharmaceuticals maker GlaxoSmithKline, steel maker Arcelor Mittal, the Harrods Group and the London Stock Exchange.

Via EPR Network
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WestLB Apologies And Pays Undisclosed Amount to Balli Group

Bloomberg Markets has carried an article confirming that WestLB paid undisclosed damages and issued a letter of apology to Vahid Alaghband and Balli Group plc.

Former WestLB CEO Alexander Stuhlmann told Vahid Alaghband the bank regretted the hardships to him and Balli.

“You have always acted professionally and honourably in your dealings with WestLB,” Stuhlmann said in a letter that Alaghband received in November. “From our point of view, there are no obstacles to establishing business relations with your group.”

The ‘Alaghband’s Nightmare Ends’ article states that in November 2008, WestLB offered an undisclosed financial settlement and agreed to withdraw allegations of credit fraud levelled at Balli Group in connection with its takeover of Kloeckner & Co AG in 2001. The WestLB allegations led to the arrest and investigative custody of Alaghband in 2003 by German authorities. He was released after 11 months without charge.

Bloomberg states that Vahid Alaghband, Chairman of Balli Group Plc, had to wait seven years to close the book on his failed takeover of German steel trader Kloeckner & Co. and to try to put the acquisition that cost him 11 months in jail behind him.

Balli Steel, Alaghband’s London-based steel trading company, bought Kloeckner for 1.1 billion euros ($1.42 billion) in 2001.

Alaghband’s partner in the deal, WestLB AG, Germany’s third-biggest state-owned bank, filed a criminal complaint accusing Alaghband of fraud. He was jailed in Zurich in 2003 and then transferred to Duisburg where Kloeckner was based. In May 2003, while he was behind bars and couldn’t repay a €212.5 million loan, WestLB bought Kloeckner. BLOOMBERG MARKETS reported on the ordeal in “The Long Nightmare of Vahid Alaghband” (May 2005).

Following the reconciliation at the end of 2008, a joint statement was issued which said, “Kloeckner & Co Beteiligungs GmbH and the Balli Group of Companies are pleased to announce that they have reached an amicable settlement to the disputes with WestLB AG which arose from the sale of Kloeckner & Co AG to Balli by E.ON in 2001.”

Balli is delighted that the seven year saga of misunderstandings and legal proceedings involving German trade unions, central and regional German state politicians, a plethora of international banking, investment and accounting consultants, and steel-trading tycoons – has now been settled and put to rest.

Vahid Alaghband, Chairman of Balli Group, commented: “We are pleased with the outcome of this case, from which many lessons were learnt. This settlement is proof yet again of the wisdom that most business litigations launched on grounds of receiving justice and litigating on issues of principal eventually become a means for reaching the inevitable pragmatic peace. We believe that the financial settlement is a good one for us and avoids the need for the continuation of a costly multi-jurisdictional litigation by us. Most importantly for us as a family business with a long tradition of trading over three generations, we feel that the WestLB admission has finally set the record straight and confirms our contention throughout that we have always acted honourably and professionally in our dealings with our counterparts.”

Case number: Landgericht Düsseldorf Gz.: 40 O 61 /05

About Balli Holdings
Balli Holdings, established in 1982 is a private, multi-national corporation, headquartered in London, with offices around the world. Headed by Vahid, Hassan and Nasser Alaghband, Balli operates a number of affiliated companies specialising in commodity trading, industrial, real estate and private equity with operations in over 20 countries. Balli’s acquisition from utility company E.ON in 2000 of Germany’s Kloeckner Steel Trade GmbH led, in 2001, to Balli’s offer – with the financial backing of Credit Suisse and WestLB – for “senior” company Kloeckner & Co AG. Goldman Sachs had acted as M&A adviser Balli on the deal.

Via EPR Network
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