“Secrets“ about the US credit card business

By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. I´m not sure whether the following are really “secrets”. Very likely they are not. But they are definitely not commonly known – even to US-Americans, who use, on average, about 8 credit cards per person. Especially the Germans always wonder about the problems the US-Americans have with credit cards and how it is possible

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Liechtenstein And The UK Enter Tax Info Sharing Agreement

By: Ainsley Brown It has been reported in the Times that ¨up to 5, 000 British investors have an estimated £3 billion stashed away in secret accounts in Liechtenstein. It is a good thing then, well good from the perspective of HM Revenue & Customs (HMRC), that Liechtenstein and the UK Government have reached an agreement on the sharing of

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Independence Day: Jamaica

Happy Independence Day to Jamaica and all Jamaicans at home or abroad. Related Posts:Privy Council In Bank Ruling Wraps Jamaican Judiciary On the Knuckles, Part ISummit Of The Americas Kicks Off TodayRussian Central Bank Buys Canadian DollarsNew Bob Marley Brand “House of Marley,” Heirs Take Steps To Protect Father’s LegacyResearch In Motion Faces Potential US International Trade Commission Investigation

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The not so ethical investments

By Charles Wanguhu Financial institutions offering Ethical investment in practice exclude companies with interests in armaments, oppressive regimes, nuclear power, tobacco, vivisection, gambling, alcohol and pornography. Environmental (and ethical) investments also aim to invest in companies with positive effects on the environment. Characteristics of such companies include but are not limited to: socially responsible, environmentally conscious companies, and equal opportunity

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August 1: A Day Of Remembrance

By: Ainsley Brown This is part of the Middle Passage Law Series on Law is Cool. Why am I wearing all black today? Am I in mourning? No, not exactly. Then why? Well it is August 1: Emancipation Day. I am wearing black today not to so much mourn but to remember. To remember that it was today 175 years

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Northern Rock: the Final Chapter …Well Maybe

By: Ainsley Brown The shareholders of Northern Rock, lead by hedge funds SRM Global and RAB Capital, have lost their judicial review appeal at the Court of Appeal this week. This ruling should end the saga of the shareholders´ attempting to use human rights law in order to gain – to their mind – just compensation from the nationalization of

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Litigation…..A New Investment Vehicle?

By: Ainsley Brown It is unquestionable that litigation is big business for lawyers, especially in complex commercial matters. The billable hours that can be racked up can be astonishing – and unlike popular belief is not largely due to an over inflation in the billing procedures of lawyers, though no doubt this can be an issue for some at times

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