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

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

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The UK’s First Corporate Manslaughter Case Postponed Until October

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

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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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