Commercial Law International

Creditors Of Lehman Brothers’ European Division Will Just Have to Wait A Bit Longer To Recovery Their Money

August 24, 2009 Ainsley Brown Leave a comment

By: Ainsley Brown The English High Court has scuttled a plan for quick payouts to creditors by the administrator’s of Lehman Brothers’ European arm. PricewaterhouseCoopers (PwC), the administrator is now carefully studying the judgment and weighing it options i.e. should it appeal or not. In either case Lehman Brothers’ creditors face delays in recovering their assets. The ruling affects some

Bankruptcy/Insolvency/Restructuring, Litigation

The UK’s First Corporate Manslaughter Case Postponed Until October

August 19, 2009 Ainsley Brown One comment

By: Ainsley Brown The first prosecution under the UK’s Corporate Manslaughter and Corporate Homicide Act 2007 has been adjourned until October. The Act seeks to make convictions of companies with respect to deaths at the workplace much easier. Under English law a corporation as a juridical person is capable of both committing and being convicted of crimes. However, as an

Crime, Litigation

“Secrets“ about the US credit card business

August 13, 2009 Carsten Lexa 2 comments

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

Banking, Capital Markets, Commercial, Commercial Awareness, Contracts, Economy

Liechtenstein And The UK Enter Tax Info Sharing Agreement

August 11, 2009 Ainsley Brown Leave a comment

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

Asset Management, Banking, Brand Management, G-8/G-20, Government Policy, Tax, Treaty

No More OECD Tax Black List?

August 8, 2009 Ainsley Brown One comment

By: Ainsley Brown There are no more countries left on the Organization of Economic Cooperation and Development’s (OECD) Tax haven black list. Does this mean that the black list is no more? No, not exactly. The OECD has removed Andorra, Liechtenstein and Monaco from its black list of non-compliant tax havens. The three countries were the last remaining on the

Asset Management, Banking, Commercial Awareness, Tax

Independence Day: Jamaica

August 6, 2009 Ainsley Brown 2 comments

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

Uncategorized

The not so ethical investments

August 5, 2009 Ainsley Brown 2 comments

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

Capital Markets, Corporate Social Responsibility, Ethics, Investment

August 1: A Day Of Remembrance

August 1, 2009 Ainsley Brown One comment

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

Commercial Awareness, Diversity, Ethics, Government Policy, Human Rights, Labour, Public Policy, Trade, Travel/Tourism

Northern Rock: the Final Chapter …Well Maybe

July 31, 2009 Ainsley Brown Leave a comment

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

Banking, Government Policy, Human Rights, Litigation

2015 Rugby World Cup Goes To England

July 29, 2009 Ainsley Brown Leave a comment

By: Ainsley Brown This is a follow up to Rugby World Cup: England 2015? The largest rugby competition is going home back to England where the sweet sweet game began – so says the International Rugby Board (IRB). If you cannot tell already well let me confess or should I say profess my love for this game. I am more

Brand Management, Commercial Awareness, Marketing/PR, Sports

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