The US credit card business – Credit CARD Act 2009

By: Carsten Lexa On August 13th, 2009, I wrote an article here on Commercial Law International about the “secrets” of the US credit card business and about how the existing rules make it hard for customers to pay off their credit card debt. On November 3rd, 2009, I wrote in a the second article about a Goverment proposal regarding new legislation for

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The UK Supreme Court Rules Government’s Terrorist Asset Freezing Powers Illegal

By: Ainsley Brown While terrorism, terror financing and constitutional principles such as the rule of law and Parliamentary supremacy are not the usual subjects covered here at Commercial Law International, this seeming break from tradition is in fact not such a stretch. As our moniker indicates Commercial Awareness is Global – it is important to note and as will soon

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The US credit card business – reloaded

By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. On August 13th, 2009, I wrote an article here on Commercial Law International about the “secrets” of the US credit card business and about how the existing rules make it hard for customers to pay off their credit card dept. Now, a new Goverment proposal tries to help customers to reduce their credit card

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Vulture, Tigers And Lions: New African Development Bank Legal Support Facility Set Ambitious Goals.

By: Ainsley Brown The African Development Bank (AfDB) has engineered a legal support wing charged with the responsibility of evening out the imbalance in legal expertise that many African nations face when negotiating complex commercial transactions. It will also serve as a necessary firewall for these nations by providing top notch legal advocacy when facing litigation, especially from vulture funds.

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US: Stimulus Watch, Senate Moves

By: Ainsley Brown The US Senate has passed its version of the American Recovery and Reinvestment Bill – very good news – as the President comtinuses to use the bully pulpit to sell the stimulus package to the American people. Now begins the tough negotiations to reconcile the Senate and the House of Representatives versions of the Bill. Related Posts:‘Buy

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