“Commercial Awareness Is Global.”
By: Ainsley Brown Wachovia bank has agreed to pay $160 million to US authorities in order to settle charges brought against it. The bank was accused by the US Justice Department and banking regulators of not having sufficient controls in place to prevent Mexican drug cartels from laundering millions of dollars through the bank using exchange houses –casas de cambio
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 North Gauteng High Court ruled
By: Ainsley Brown This forms part of the Middle Passage Law Series on Law Is Cool. American International Group, better know by its acronym AIG, it seems these days can rarely catch a break. It just seems negative news follows negative news for this company. This time the negative news for this too big to fail company – deeply wounded
By: Ainsley Brown I was sent this video by my cousin Kia and I thought it worthwhile to share it here on Commercial Law International. It is a lecture given by Phillip K. Howard, the author of The Death of Common Sense, and founder of the not-for-profit Common Good. As taken from its website: “Common Good is a non-profit, non-partisan
By: Ainsley Brown The stage was for a very interesting court battle in Australia pitting advisor against former client; at stake the fees that the advisor could charge. While the case remains interesting the deep probing spotlight that it promised on investment banking fees alas may not materialize. JP Morgan Chase, the investment bank is suing its former client Consolidated
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
First posted on Law is Cool on Jan 9, 2010. This is a blog post by current University of Western Ontario third year law student and Law is Cool blogger, John Magyar that I just had to share. It is a perfect illustraion of why here at Commercial Law International we say that: Commercial Awareness Is Global. The story featured in the post is
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 in 2008 as part of
By: Ainsley Brown Under a British Columbian Court of Appeal ruling Canada’s Most Reliable Network has gotten the boot – well the ad at least. Rogers Communications Inc., the Canadian telephone, internet and cable company, that advertised as Canada’s Most Reliable Network has been told by the B.C. Court of Appeal that it has to drop the Most in its
By: Ainsley Brown Imagine being told that you could no long buy a BlackBerry or being told that the services of the one you already own will be restricted, just imagine. Think it can’t happen; well think again for this has now entered the range of possibility in the United States. The Canadian company, Research In Motion Ltd (RIM), the