Piracy Kenyan Courts Forum non conveniens?

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

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Northern Rock: The Latest Chapter

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

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PartyGaming Betting on a Return To The Lucrative US Market

By: Ainsley Brown The online casino operator famous for its online poker – PartyPoker – ended its protracted battle with US authorities and agreed to pay a $105 million fine. In 2006 US law makers made internet gambling illegal – something about crossing state lines and international boundaries – cutting deep into the earnings of PartyGaming and other online gambling

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Yet Another Chapter In The Northern Rock Saga.

By: Ainsley Brown The troubled – nationalized – UK mortgage lender is back in the news yet again. I guess the headline should have been: Northern Rock, The Never Ending Story. However, the good news this time is that it’s not about shareholders trying to use the Human Rights Act to bring a case against the government for compensation. No,

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Obama Administration Toxic Asset Plan: I Just Don’t Get It.

By: Ainsley Brown I must say that I consider myself a relatively intelligent person – though admittedly not an economic guy – I believe myself able to grasp practically any concept once explained. And the Obama toxic asset plan, I just don’t get it. Please do not read this as either a general criticism of the President or the specific

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Cayman Islands and Nordic Counties Agree To Share Information On Taxes

By: Ainsley Brown The between tax evasion and legitimate tax planning is a fine one indeed. This line is now set to get even thinner. How? Before I get into the specifics of this a little background is in order. The issues of cross-border taxation are as old as commerce itself, as are the issues of tax evasion and tax

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Is tax the new area of concern for Corporate Social Responsibility?

By Charles Wanguhu In early 90’s Nike suffered a huge backlash from the revelations of child labour in use in its factories abroad there was a drive to ensure that clothing was environmentally sound. In early 2000 a push for carbon footprint labelling ensured that the consumer was conscious of the effect of their consumption habits on the climate. In

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