Commercial Law International

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CIBC Loses Age Discrimination Case In The UK

By: Ainsley Brown It would seem that yet another Canadian bank has received a wrap on the knuckles in the UK. The latest bank to be disciplined: Canadian Imperial Bank of Commerce (CIBC), who lost an employment age discrimination case. The case was brought by a 42 year old London based banker who was made redundant…

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Commerzbank sued for millions by former Dresdner Kleinwort traders

By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. A group of 72 former Dresdner Kleinwort traders have sued the new owner of Dresdner Bank AG, Commerzbank AG, claiming it reneged around 34 million Euros of guaranteed bonus payments. The traders argued that their bonusses were guaranteed before Commerzbank Bank´s 5 billion Euros takeover of Dresdner Bank and…

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New Flat Rate ADR Service Launched In Toronto

By: Ainsley Brown For a $6, 000 flat rate companies and individuals that agree can now have their disputes resolved within a 2 and half month – now that is both cheap and speedy. The new services launched by ADR Chambers Inc. looks to resolve business disputes an expeditious and cost-effective manner. By agreeing to…

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