Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
What GAO card study means to interchange legislation & NY lawsuit.
November 20, 2009
GAO: Let Card-Fee System Stand | online.wsj.com
The GAO study of bankcard interchange fees is a mixed bag for the industry. It upholds the practice (in contradiction to the lawsuit against the practice in New York) but points to numerous ideas about how its excesses can be reduced. The latter could propel the Welsh bill in Congress toward enactment. It would allow merchant actions to pressure issuers to accept lower interchange fees. The study's ideas could also play a role in crafting a settlement of the NY suit.
Qui Tam: A New Wave of Lawsuits
November 20, 2009
9th Circuit Allows Settling Whistleblower Defendant to Sue Third Party | www.law.com
Should a settling Whistleblower Defendant be allowed to sue a third party?
ISDA Determination on JAL Rehabilitation Not Welcome
November 19, 2009
Will JAL Be Required to Settle JPY100 Billion in Derivatives Contracts? | headlines.yahoo.co.jp
The Yomiuri Shinbun reports that the International Swaps and Derivatives Association (ISDA) may require Japan Airlines Corporation to settle JPY 100 billion in swaps and derivatives as a result of filing for creditor protection under ADR provisions of the Special Measure for Industrial Revitalization, raising the specter of potential retaliation by Japanese financial regulators.
Have you Been Affected by the Holiday Effect?
November 19, 2009
Have you Been Affected by the Holiday Effect? | recareered.blogspot.com
Have you ever heard of the Holiday Effect in hiring?
Populist Politics Threaten Card Industry Recovery & Survival
November 19, 2009
US Credit Card Sector Faces Punitive Hostility | www.ft.com
The letter in today's FT (I am one of the authors) questions whether new and proposed legislation by Congress can kill the credit card industry.
Class Actions: Standing Requirements Lowered-Katie Bar the Door!
November 18, 2009
Calif. Contact-Lens Solution Class is Certified | www.law.com
Will the number of Class Actions increase in 2010?
Whos Hiring – Top employers week of 11-16-09
November 17, 2009
Whos Hiring – Top employers week of 11-16-09 | recareered.blogspot.com
Who's Hiring is a weekly survey of companies showing the highest hiring activity for the week of 11/16/09. Not only is this valuable for job seekers, but for business analysts, corporate strategists, marketers, salespeople, investment analysts, financial advisers, and others who are interested in companies experiencing growth. Despite the recession, these companies are all expanding.
Whos Firing – Layoffs week ended 11-13-09
November 16, 2009
Whos Firing – Layoffs week ended 11-13-09 | recareered.blogspot.com
Who's Firing is a weekly survey of organizations announcing (or rumoring) layoffs for the week ended 11/13/09.
The EC brings WTO case against China’s export restrictions on raw materials
November 16, 2009
EU requests WTO panel on Chinese export restrictions on raw materials | trade.ec.europa.eu
The article looks at some of the legal and commercial issues involved in the latest case brought by the EC against China at the WTO. The dispute, which sees Mexico and the US also involved, focuses on the commercially critical policy of export restriction, which is increasingly being used by China and other WTO Membersin order to seek certain objectives of domestic price stabilization, but which often also provides domestic producers with unfair competitive advantages. Are they WTO consistent?
November 15, 2009
EU launches excessive debt action against nine nations | www.livemint.com
The nine new Member States cited for excessive deficits bring the total to 20, three quarters of the entire EU membership. The EU Treaty requires the Commission to make these pronouncements, but this is only the start of a long process. Also, with the final decision on action, if any, up to the Member States, it is hard to believe a majority will be found to vote against themselves.
Rising risks of an asset bubble in China threatened by US stagflation
November 7, 2009
Smarter Trash: How Incentive Programs Can Motivate Participation in Recycling
October 25, 2009
New Climate Change Bill Lacks Critical RPS for Renewables
October 7, 2009
China’s Anti-Monopoly Bureau Approves the Pfizer-Wyeth Transaction
September 29, 2009
Intellectual Property Right for Pharmaceutical Company
September 5, 2009