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Baker & McKenzie sees fewer Asia M&As, more litigation SINGAPORE, Feb 16 (Reuters) - U.S. law firm Baker &McKenzie expects to see stronger Asian demand for litigationand advice in areas such as restructuring, even as corporatebusiness begins to slow amid the global economic downturn. ReutersNumber working in insurance industry drops WASHINGTON—The unemployment rate among U.S. insurance industry companies—which includes both insurers and intermediaries—stood at 3.5% in January, according to the U.S. Bureau of Labor Statistics. During 2008, 580,000 people were laid off in the broader financial services sector, increasing the unemployment rate in the insurance industry, which had hovered around ... InsuranceHeadlines.comBelgium Adopts Franchise Law Steven Feirman and Philip Zeidman of DLA Piper Rudnick Gray Cary summarise key implications of the new Belgium franchise law. Franchise-chatSouth Dakota Weighs Change in Auto Damage Disclosure There's a move afoot in Pierre to change South Dakota's damage disclosure law for motor vehicles.SB98 would require vehicle titles to contain a statement as to whether the vehicle had been ... Insurancejournal.comLetters: The real reason This refers to Suman Berys The rise of Delhi, February 14, as a centre of intellectual and public policy discourse. He might like to consider the Keynesian refutation of Says Law, namely, that demand has to be created artificially because mere supply will not generate it. Then there is always that very boring law of diminishing marginal utility, not to mention Greshams Law. My own explanation is that seminars are a sort of Giffen good, except that they are paid for in terms of time, rather than money. A full day seminar can fetch the participant a nice lunch and a halfway decent bag to boot. Business StandardJudge it yourself On Friday, when Law Minister H R Bharadwaj rose to list the Judges Salary Bill, Speaker Somnath Chatterjee asked why the government had rushed through an ordinance to hike the salaries of High Court and Supreme Court judges. Even before the minister could respond, Chatterjee fired another salvo, You could have waited for two weeks to come to Parliament. Business StandardWhite House wants changes in executive pay rules (AP) Facing a stricter approach to limiting executive bonuses than it had favored, the Obama administration wants to revise that part of the stimulus package even after it becomes law, White House officials said Sunday. yahoo.comGovernors Mediate Demands For Stimulus Funds As President Obama prepares to sign the stimulus package into law on Tuesday, governors in every state are dealing with demands for the stimulus money. Govs. Tim Pawlenty of Minnesota, Ed Rendell of Pennsylvania and Deval Patrick of Massachusetts talk to host Jacki Lyden about their plans. NPRFor some, British insolvency laws add to pain ‘Prepacks' leaving many small and medium-sized businesses with unpaid debts, critics charge The Globe and MailBig chance lawyers took is paying off When Joe Manko and several colleagues headed for the door of their Center City law firm 20 years ago, they were taking a big chance. Their practice area, environmental law, was new and untested. The Philadelphia Inquirer1 2 |
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