Lehman Brothers’ Europe Administrator Has A “Plan B” For Creditors

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

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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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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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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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“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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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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Vulture, Tigers And Lions: New African Development Bank Legal Support Facility Set Ambitious Goals.

By: Ainsley Brown The African Development Bank (AfDB) has engineered a legal support wing charged with the responsibility of evening out the imbalance in legal expertise that many African nations face when negotiating complex commercial transactions. It will also serve as a necessary firewall for these nations by providing top notch legal advocacy when facing litigation, especially from vulture funds.

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