“Commercial Awareness Is Global.”
By Charles Wanguhu The caveat emptor rule dictates that an individual seeking to purchase land should ensure that he is dealing with the rightful owner. Therefore upon inspection of the register kept at the ministry of lands, an individual seeking to ensure the ownership of land would request the registrar for an official confirmation of search, the advantage of the
By: Ainsley Brown Philip Morris – yes that Philip Morris – the tobacco giant is set to sue the Irish government. And, why? The substance of Philip Morris’ claim is that the new Irish law that came into force on July 1 banning the display of cigarettes in stores is anti-competitive. As a public health measure the new law was
By: Ainsley Brown PricewaterhouseCoopers (PwC), the administrator for the European outfit of Lehman Brothers, has come up with a ‘Plan B’ to give out $17 billion to creditors. This after the High Court in England rejected a plan by PwC in August that would have freed up over $13 billion worth of assets. The court rejected the earlier plan because
By Charles Wanguhu In the current financial crisis the role of offshore havens have been placed in the spotlight and quite rightly so. The lack of transparency in their dealings has meant that these centres have not only been used for tax evasion, money laundering, but also as bases for special purpose entities. The role of British offshore havens has
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
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
By: Ainsley Brown Yes, you read right, Tim Hortons is back in Canada. I like most of you never knew it went anywhere. I know what you are thinking: Ainsley, you must either be playing a prank, or going crazy or were you just up late and tired and in desperate of a double double because I just brought some
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,
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
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