Legal, Economic & Regulatory Affairs News by GLG Council Members

Ohio Gaming Alert - Governor Pushes Slot Proposal Back

September 30, 2009

Analysis by: GLG Expert Contributor

Analysis of:Governor Proposes Plan to Balance Budget and Protect Ohio Schools | www.governor.ohio.gov

Faced with a decision from the Ohio Supreme Court, Governor Strickland has pushed back the timetable for VLT's at Ohio's racetracks.  He will file suit to ask the Ohio Supreme Court for a declaratory judgment on his authority.

Ohio Payday Lenders Still Able to Charge High Fees Despite Law

September 30, 2009

Analysis by: GLG Expert Contributor

Analysis of:Payday Lenders Using Loopholes | www.dispatchpolitics.com

A study by a liberal public policy group shows that Ohio payday lenders have been able to successfully circumvent a law designed to put them out of business.

TIME TO REVIEW ARGENTINE INVESTMENT

September 29, 2009

Analysis by: GLG Expert Contributor

Analysis of:Responding to the consensus articles have been published in the press in the last several months regarding the problems facing Argentina and its uncertain economic and political future. | www.washingtontimes.com

Since its financial and political collapse, fight with the IMF and banks, and eight-year rule by the Kirchners, investors are wary of Argentina. Many major investors, especially in the energy and mining areas, who were first attracted to Argentina during the 1990s have left the country and dumped their holdings at bargain-basement prices.Much of the blame for this flight can rightly be focused on the successive Administrations of Néstor and Cristina Kirchner. Still, many of the investors of the 1990s were inebriated by the “reform” policies and the wave of free market verbiage that swept the Region and neglected to look at past trends and understand traditional cyclical economic and political cycles. Despite the bevy of problems facing Argentina, now is an opportune moment to examine future investment acquisitions. The major players eyeing the presidency agree that Argentina has no choice but to implement clear, transparent and pro-growth policies and that the rules of the game need to be established, known by all and respected. Now is the time to begin to take a new look at Argentina and to identify investments with a strong upside potential. Investors who take an open-minded yet realistic approach will profit.     

The Sun Rises in the East, and Cigarette Makers Appeal

September 29, 2009

Analysis by: GLG Expert Contributor

Analysis of:Cigarette Makers Will Appeal Racketeering Loss to Supreme Court | www.bloomberg.com

A win in the U.S. Supreme Court would bring at least temporary relief to cigarette makers.  But the odds are against the Court taking the case, and even if Philip Morris did win in Court, the FDA might use its newly expanded powers to regulate them anyway.

Matthew MurphyManaging DirectorMMLC Group

China’s Anti-Monopoly Bureau Approves the Pfizer-Wyeth Transaction

September 29, 2009

Analysis of:China’s Anti-Monopoly Bureau Approves the Pfizer/Wyeth Transaction | www.mmlcgroup.com

On 29 September 2009, China’s Ministry of Commerce (“MOFCOM”) published another decision from its fledgling Anti-Monopoly Bureau (“AMB”), this time concerning the acquisition of Wyeth by US drug heavy-weight, Pfizer. Approval was granted to the transaction, ahead of approval from the US Federal Trade Commission, Australian ACCC and the Canadian Competition authority.

What Happened to Highway Safety and Jobs?

September 25, 2009

Analysis by: GLG Expert Contributor

Analysis of:House Approves 3-Month Authorization Extension; Does Not Address Rescissions | www.aashtojournal.org

HR 3617 extends the current federal authorization for spending on federal -aid highways, transit projects and highway safety, until the end of the year. The bill does not address the rescission of $8.7 billion in contracting authority scheduled to take place next week by the Federal Highway Adminstration. This enacted in the 2005 SAFETEA-LU and amended in 2007.

A $ 9.4 Million Dollar Mistake

September 25, 2009

Analysis by: GLG Expert Contributor

Analysis of:DHL Ordered to Pay Up | www.logisticsmgmt.com

DHL - USA will pay a $9.4 million settlement to the United States for shipping items to restricted countries such as Sudan, Iran and Syria. The United States Department of Commerce and United States Department of the Treasury allege that DHL violated Export Administration Regulations (EAR) on numerous occasions from 2002 to 2007. The departments further charge that DHL failed to monitor thousands of other packages shipped to those countries.

Creative ways to increase revenue....

September 24, 2009

Analysis by: GLG Expert Contributor

Analysis of:Airline industry set to suffer $500m loss. | archive.gulfnews.com

Airlines have to find creative ways to increase revenue... increasing sales and cutting costs are the basics to generating more profits. In today's economy, the survival of the creative is the clear focus. Finding creative ways to generate more revenue and encourage more travelers to fly more will be necessary. The recent special program in the auto industry in the US is an example of a creative strategy that stimulated sales in a short time. Similar strategies may be followed in the airline industry -- can be done, but needs creativity!Dr. Raj SelladuraiIndiana University Business Professor

Duncan MacDonaldConsultantDuncan McDonald

Bankcard industry lobbies Congress to leave interchange fees alone

September 22, 2009

Analysis of:Lafferty Group - Interchange battle rages on | www.lafferty.com

The primary story here is not the card industry's standard defense of bankcard interchange fees. It is that Visa and industry trade associations are responding to the clear and present danger that an angry Congress is going to side with merchants by enacting a law to limit interchange fees. Their defense of the fee is that polling of consumers shows a wide majority in favor of charging merchants for accepting cards. But it doesn't address whether current fees are too high and unfairly applied.

Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC

Consumer Finance Protection Agency: Alive & well?

September 22, 2009

Analysis of:Frank backs consumer watchdog plan | www.politico.com

Will the CFPA become a reality?

Previous Page : 12345678910Next51 to 60 of 1137