Canadian Exports Up

By: Ainsley Brown Canadian exports made a sharp jump in September, according to Statistics Canada, cutting the trade deficit in half. The 3.5% upswing is a good sign of the continued recovery in the Canadian economy. Related Posts:Canada, A Third Party In WTO Panel On Chinese Raw Materials Export RestrictionsRussian Central Bank Buys Canadian DollarsResearch In Motion Faces Potential US

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Credit Suisse Brazilian Insider Trading Case Settled

By: Ainsley Brown Credit Suisse has agreed to settle allegations of insider trading in Brazil for R$19.2 million. The fine is the second largest, after the Banco Safra case of 2007, levied on a company by the Securities and Exchange Commission of Brazil – Commissão de Valores Mobiliários (CVM). The offer to settle is substantially more than Credit Suisse’s original

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L’Oreal Fines Going Dark Very Lovely

By: Ainsley Brown The cosmetics giant, L’Oreal, seeks to expand in the largely untapped African market – or I should say African markets, as the continent is made up of many individual national and regional markets. I must say that I find this a very interesting business strategy by a global titian. There is also, I must admit a touch

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Lehman Brothers’ Europe Administrator Has A “Plan B” For Creditors

By: Ainsley Brown PricewaterhouseCoopers (PwC), the administrator for the European outfit of Lehman Brothers, has come up with a ‘Plan B’ to give out $17 billion to creditors. This after the High Court in England rejected a plan by PwC in August that would have freed up over $13 billion worth of assets. The court rejected the earlier plan because

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Leicester Tigers To Float Debt

By: Ainsley Brown Yes that right, I am referring to the English Rugby team – the Leicester Tigers. Sorry but I just had to do this, being a rugby fan and all, I will make any excuse to write on the subject. The Leicester Tigers, the current Guinness Premiership – the English Rugby Union’s top competition – it would seem are planning  to

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Litigation With a “Twist:” Anheuser Sues Brick Over Lime Beer

By: Ainsley Brown Anheuser-Busch, along with Labatt Brewing Co – both companies are owned by Anheuser-Busch Inbev NV – have filed suit against Brick Brewing Co claiming that Brick is violating its intellectual property. The dispute centers on the use of the colour green and limes on the labels of Brick’s Red Baron Lime Beer.  Anheuser, the maker of Budweiser,

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Today Is Judgment Day For Airbus State Aid Row

By: Ainsley Brown Is the aid given to Airbus by the governments of Germany, the UK and France in violation of the World Trade Organization’s (WTO) subsidies agreement? The answer to this question is expected to be known by the parties today when the WTO is expected to hand down its confidential ruling to the parties. Confidential rulings are part

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The IP Battle Between Two Drug Titans Heats Up

By: Ainsley Brown The Swiss pharmaceutical giant Novartis has launched suit in the English High Court against Glaxo Smith Kline (GSK) claiming that GSK has violated its intellectual property. This new action is far from being the opening salvos of this drug war; the two have already locked horns over the same matter. GSK last year sued Novartis in both

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“Secrets“ about the US credit card business

By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. I´m not sure whether the following are really “secrets”. Very likely they are not. But they are definitely not commonly known – even to US-Americans, who use, on average, about 8 credit cards per person. Especially the Germans always wonder about the problems the US-Americans have with credit cards and how it is possible

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