Cavalier and Norman Ellison Cleared to Form Joint Venture – New Zealand Business

LAWFUEL – New Zealand Legal Announcements – The Commerce Commission has cleared Cavalier Corporation Limited and Norman Ellison Holdings Limited to form a joint venture company that will acquire the carpet businesses of Norman Ellison Holdings Limited and its subsidiaries.

Commission Chair Paula Rebstock said that the Commission was satisfied that the proposed acquisition would not have, or would not be likely to have, the effect of substantially lessening competition in any of the relevant markets.

Cavalier is listed on the New Zealand Stock Exchange. Based in Auckland, Cavalier manufactures and distributes broadloom carpets to domestic and export markets.

Norman Ellison is a privately owned and operated yarn and carpet manufacturer with tufting machinery and a yarn spinning plant located in Auckland. Norman Ellison manufactures a range of carpets marketed under the Norman Ellison carpets brand in New Zealand and Australia.

In considering the application, the Commission’s role is to determine whether the acquisition has the effect of substantially lessening competition in a market.

A public version of the written decision will be available as soon as practicable on the Commission’s website, www.comcom.govt.nz, under Public Registers. http://www.comcom.govt.nz/PublicRegisters/mergersacquisitions-clearances.aspx


President Bush says America’s new top law enforcement official will bring clear purpose and resolve to the Justice Department. Mr. Bush attended the ceremonial swearing-in of Attorney General Michael Mukasey.

Mukasey

President Bush says America’s new top law enforcement official will bring clear purpose and resolve to the Justice Department. VOA White House Correspondent Scott Stearns reports, Mr. Bush attended the ceremonial swearing-in of Attorney General Michael Mukasey.

Supreme Court Chief Justice John Roberts administered the ceremonial swearing-in at the Justice Department’s Great Hall. While Mukasey has been in the job since Friday, this was his first chance to speak publicly with his new staff.

“We do law, but the result is justice,” said Mr. Mukasey. “And that is why our ultimate client – the people of this country – can and do rest secure in the knowledge that our unswerving allegiance is to the law and the Constitution, and that the result of faithful performance of our duty is justice.”

Mukasey pledged to help the Justice Department continue to protect the freedom and security of Americans by guaranteeing civil rights and liberties through what he says is the neutral and even-handed application of the Constitution.

Mukasey replaces former Attorney General Alberto Gonzales who stepped down during Congressional investigations into the Bush Administration’s warrantless surveillance program as well as his role in the firing of federal prosecutors, some of whom say they were sacked for political reasons.

Mukasey’s Senate confirmation was slowed by his refusal to answer questions about an interrogation technique called waterboarding, that many consider to be torture.

Mukasey told lawmakers that he personally considers waterboarding repugnant but could not say whether it is torture as he had not been briefed on classified information because he was still a private citizen.

Now that he is Attorney General, White House Spokeswoman Dana Perino says she does not know if Mukasey has been briefed on interrogation techniques. She says the president will leave it up to Mukasey to decide whether to make clear the Justice Department’s opinion of waterboarding as some in Congress are demanding.

At the ceremonial swearing-in, President Bush says the attorney general is vital to detecting, preventing, and disrupting terrorist attacks and must make certain that American intelligence and law enforcement work together.

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