ISDA to hold meeting to discuss Greek Sovereign Debt CS:
By Rimon Admin | Feb 28, 2012
ISDA is going to hold a meeting on Thursday (11:00 a.m. GMT) to discuss whether Greece's debt swap should be considered a "credit event" under the current Credit Derivatives Definitions.
Sugar Companies Try to Cane Corn Association
By Rimon Admin | Feb 09, 2012
This past September I wrote about a lawsuit pitting sugar against corn. Initially, two sugar manufacturers sued the Corn Refiners Association (CRA) and six high fructose corn syrup (HFCS) manufacturers for false advertising under the Lanham Act, as well as for being in violation of California Business and Professions Code Section 17200 as a result of their corn sugar “re-branding” campaign. At the time I first wrote about it, the court had just heard motions to dismiss the First Amended Complaint. Soon thereafter, eight more plaintiffs joined. I wrote about the case again in mid-November, by which time the court had dismissed the HFCS manufacturers from the case and also had stricken the California state law claim, while allowing the federal false advertising case to continue against CRA. On November 21, 2011 ten plaintiffs filed their second amended complaint against six defendants:
The Aftermarket Economy
By Rimon Admin | Feb 07, 2012
So Facebook filed its IPO papers, and the numbers are eye-popping. The company appears to be worth about $100 billion, or a bit more than the GDP of Tunisia. Others shade it a bit lower, but one thing is certain: it’s good to be Facebook.
Honda Held Accountable for False Advertising of Civic Hybrid
By Rimon Admin | Feb 07, 2012
Sometimes small claims court is the way to go for dispute resolution. While you might think that to be the case only when the stakes are low, a California woman proved today that small claims awards can far exceed the redress offered in some class action settlements.