US Lawmakers Call For Delay In Internet Gambling Law

By: Ainsley Brown How do you enforce a law that doesn’t make clear what is to be enforced? Well, this is the dilemma facing US regulators, namely the Department of Justice,  the Federal Reserve and Treasury Department, when the internet gambling law comes into force on December 1. The Unlawful Internet Gambling Enforcement Act of 2006, part of the Security and Accountability For Every Port Act of

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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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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 should not be affected by

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Telstra To Be Broken Up

By: Ainsley Brown The Australian telecommunications group Telstra is to be broken up in a move to spur competiotion. The telecommunications giant, according to Australia’s Communications Minister, Stephen Conroy, would be forced to separate its retail and wholesale arms if it does not do so voluntarily. The government  – a 12% part owner – for its part hopes Telstra will

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Lehman Brothers’ European Arm Set To File $100 Billion Claim Against Parent

By: Ainsley Brown PricewaterhouseCoopers (PwC), the administrator of the now defunct bank’s European arm is set to file a claim against the parent bank in US bankruptcy court. PwC has until September 22 – the deadline set by the court – to file its claim. The claim surrounds some $100 billion in pledges made by the parent bank before it

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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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Indian Newsprint Industry Thriving

By: Ainsley Brown The Indian newsprint industry is thriving despite the general global trend for decline in this industry and the global recession. It could even be said that part of the industries success could even be attributed to the global recession itself. So what’s behind the success? There are four interrelated reasons for the industry’s tremendous success in India. The

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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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