Commercial Law International

“Commercial Awareness Is Global.”

The fascinating method behind the “Nigeria Connection Spam”

Everyone knows these emails and has already received such emails themselves: A man or a woman, often with Asian, English or African-sounding name, and often an employee of an important-sounding foreign bank, has discovered a large sum of money in an account of the bank. The money does not belong to anyone and therefore the…

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The reform of the Rechtsanwaltsvergütungsgesetz has been put into force on August 1st, 2013

By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. On August 1st, 2013, the RVG (“Rechtsanwaltsvergütungsgesetz” = German Attorney Remuneration Law) has been put into force. The RVG exists since July 1st, 2004 and superseded the Bundesrechtsanwaltgebührenordnung (German Federal Code of Lawyers’ Fees = BRAGO). Most attorneys do their statement of fees on the basis of the regulations of…

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Internet is “essential” for modern life, according to a German court

“The Internet plays a very important role today and affects the private life of an individual in very decisive ways.”

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The German Federal Constitutional Court and the European Stability Mechanism

By: Carsten Lexa The German Federal Constitutional Court in Karlsruhe dismissed motions on Wednesday that sought to block the Euro Zone’s permanent bailout fund, the European Stability Mechanism, or ESM. The ESM is designed to handle bailouts and work in tandem with the European Central Bank to buy the bonds of countries, such as Italy…

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Insurance against piracy for shipowners in Germany

By: Carsten Lexa, LL.M. A group of German insurers will help shipowners in cases of war risks. For the first time, shipowners in Germany can get insurance against war risks. Shipowners will be able to insure their cargo ships against the consequences of martial conflict and pirate attacks. Normally, German shipowners insure their cargo ships…

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New Incoterms 2010

By: Carsten Lexa, LL.M. The Incoterms (“International Commercial Terms”)  are a series of international sales terms, published by the International Chamber of Commerce (ICC) and widely used in international commercial transactions.  These sales terms that govern delivery duties, transportation duties, duties regarding customs clearance and regarding transfer of risk have been revised. They will be published officially…

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Earth Day

From us here at Commercial Law International: Have a Happy Earth Day. Let’s all work together for a prosperous and sustainable future. Related Posts:When may development be considered a dirty word?Innovation may just be the solutionGreenTech War: Japan, China, Lithium, Batteries and BoliviaNew Brazilian Plan To Combat Deforestation Shows Promise.

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Interconnectivity of Continents

By Charles Wanguhu Well with Ash rising over European skies causing all kinds of travel chaos, it is quite suprising and hard to fathom the impact of one volcano is having on the continent of europe and over its neighbours. At the Jomo Kenyatta International Airport in Nairobi a stink has engulfed the main cargo centre…

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White Zimbabwean Farmers To Get Justice In South Africa

By: Ainsley Brown Four white farmers who had their farms unlawfully seized under the regime of President Robert Mugabe are to seek by all accounts gain compensation in South Africa. A South African court has ruled recently that the farmers have the right to seek out and seize Zimbabwean government property in South Africa. The…

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EU and Vietnam Open Formal Trade Talks

By: Ainsley Brown The European Union (EU) and Vietnam have now officially stated free trade talks after Karel De Gucht, the EU Trade Commissioner, met with the Vietnamese Prime Minister, Nguyen Tan Dung in Hanoi. The talks come after the successful conclusion of the 2 year in the making deal signed with South Korea in…

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