“Commercial Awareness Is Global.”
US Chicken Being Dumped, Says China
By: Ainsley Brown
The seemingly endless trade rows between the United States and China continue unabated.
What is it this time? Tires? Steel? Autos? Or maybe intellectual property protection? No, no, not this time, this time it’s chicken – more specifically the importation of US chicken into the Chinese market.
This however is not a new skirmish but rather one that begun earlier this year when China…
By: Ainsley Brown To say that is recession has been unkind to the legal profession in England, indeed worldwide, is an understatement. The legal profession was always thought of as being if not recession proof then at least recession resistant due in large part to the profession’s adaptability to prevailing market conditions – a corporate finance lawyer could always when
By: Eran D. Grossman, Esq. More problems are on the horizon between government regulators and local U.S. banks (smaller, regional and/or community banks) over how to handle falling commercial property values. Currently, banks are holding roughly $1.9 billion in commercial real estate loans, which equals about a quarter of all outstanding loans, according to Moody’s. The values of such loans
By: Ainsley Brown I was sent this video by my cousin Kia and I thought it worthwhile to share it here on Commercial Law International. It is a lecture given by Phillip K. Howard, the author of The Death of Common Sense, and founder of the not-for-profit Common Good. As taken from its website: “Common Good is a non-profit, non-partisan
By: Ainsley Brown Global trade was expected to drop as much as 10% in 2009; instead it fell by 12%. That extra two percent may not seem like much but it represents the largest drop in global commerce since 1945. This greater than expected drop has lead to renewed calls from Pascal Lamy, the Director General of the World Trade
By: Ainsley Brown India has needs to improve its corporate governance regime; so says, the Hong Kong based advocacy group, Asian Corporate Governance Association (ACGA). The ACGA’s report comes in the wake of the Satyam Computer Services scandal where the companies head admitted to defrauding the company for many years. The scandal helped expose so of the obvious as well
By: Ainsley Brown The Office of Fair Trading (OFT), the agency charged with policing trade practices – read unfair trade practices – has launched a study into the high cost associated with business insolvency. The study will focus on the way insolvency practitioners, namely accountants and lawyers are appointed and how they set their fees. The importance of the study
By: Ainsley Brown The Toronto Dominion Bank (TD), one of Canada’s leading financial instructions has been fined £7 million by the Financial Services Authority (FSA). The FSA, charged with policing financial institutions in the UK, has imposed the fourth highest fine in its history on TD for repeatedly failing “to follow established procedures in ensuring the trader’s books were independently
By: Ainsley Brown Imagine being told that you could no long buy a BlackBerry or being told that the services of the one you already own will be restricted, just imagine. Think it can’t happen; well think again for this has now entered the range of possibility in the United States. The Canadian company, Research In Motion Ltd (RIM), the
By: Ainsley Brown There is nothing new with European Commission having to balance competing constituents – both market and geographic. The case remains the same with the anti-dumping duties put in place in 2006 to protect EU shoe manufacturers from cheaper Chinese and Vietnamese imports. The EU will decide tomorrow if it will continue or end the duties on the cheaper Chinese and Vietnamese