“Commercial Awareness Is Global.”
By: Ainsley Brown The world economic down turn has had many knock on effects, many of which unexpected. It seems that bad times has the uncanny effect of making the once unthinkable, unsayable and undoable all very much possible. The Swiss banking model can be best characterized with one word: Secrecy. This don’t ask don’t tell attitude is more than
By Charles Wanguhu The doctrine of Forum non conveniens offers a court the opportunity to decline, in the interest of justice, to exercise jurisdiction, where the suit is between aliens or nonresidents, or where for kindred reasons the litigation can more appropriately be conducted in a foreign tribunal. Placing the above in context, what is Kenya’s interest in a British
By Charles Wanguhu The above move by the Kenyan freedom fighters to sue the British government has elicited some very interesting responses from some readers of the times online paper: This is all about money and bashing the UK. Africa does not want to take responsibility for its current problems Also if this happened in the 50’s so why have
By: Ainsley Brown The world´s largest purchaser of hazelnuts and the maker of a very tasty treat, Ferrero Rocher, has been cleared in the English courts of a £20 million fraud. The suit was brought against the Italian chocolate company by the Bank of Tokyo Mitsubishi and others alleging that deceit, negligent misrepresentation and conspiracy for a deal involving the
By: Ainsley Brown McKenna v. Gammon Gold Inc. This is case that has the potential to redefine the very cozy relationship law firms have with their banker clients. No longer will bankers be given blanket coverage under conflict of interest rules to prevent law firms from being representatives in claims brought against them. The operative word here being potential, as
By: Ainsley Brown This is an update to Shareholders Fail in Human Rights Cases Against UK Government. The Northern Rock shareholder group, lead by the Hedge Funds SRM Global and RAB Capital, last week launched their appeal of the decision reach in the High Court about the UK government’s nationalization compensations scheme. The appeal comes in the form of judicial
By: Ainsley Brown The new plan by the Brazilian government, rolled out early this year, to combat deforestation shows great promise. However, it does also face great obstacles. It is easy to dismiss this latest scheme as at best fool hardy and at worst as going to have the opposite effect by encouraging deforestation. These are legitimate concerns given the
By Charles Wanguhu A report by the Economist Intelligence Unit indicates that protecting a firm’s reputation is the most important and difficult task facing corporations. With the development of global media and communication channels, managing reputational damage is seen as crucial with events undertaken in even the remotest areas affecting the international brand of a corporation. For Shell the stark
By: Ainsley Brown In Canada an Ontario Superior Court of Justice ruling (McKenna v. Gammon Gold Inc.) has the potential to go viral like the latest YouTube sensation and challenge what can only be called one of the most incestuous relationships in the commercial world. What am I talking about? Well I am referring to the relationship, the very close
This article is reproduces with the permission of the author and can be found on AccountancySA (South Africa´s leading Accountancy Journal). There is no doubt that the world we knew before the global economic meltdown will not return. The causes of the meltdown will not disappear, and lurking behind them is another set of even more fundamental issues facing humanity.