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12 Mar 2020, 3:06 pm
(LBHI) reached a final settlement of the RMBS-related claims against it in early 2018. [read post]
12 Mar 2020, 11:31 am
Massaging and printing more RMB only gets China so far. [read post]
12 Mar 2020, 8:08 am
STL provides visiting professors with visa assistance, round-trip air and ground transportation, housing or a housing allowance, and compensation in U.S. dollars or RMB. [read post]
12 Feb 2020, 3:58 am
The RMB exchange rate fluctuates, as do shipping costs (though in any case it’s cheaper to import from nearby Mexico), but to the 2013 prognosis you should add “U.S. tariffs… rising labor costs, stiffening environmental rules, and the heavy, often capricious hand of the Chinese state”. [read post]
29 Jan 2020, 8:55 am
As such, the plaintiff would be deemed the author of the article and thereby be entitled to copyright.Given the foregoing, the court found the defendant liable for infringement by making this work available to the public on the Internet, and awarded the plaintiff 1500 RMB (approximately $250 US dollars).CommentsLike the Beijing court’s opinion in the Feilin v. [read post]
24 Jan 2020, 7:17 am
The minimum pay standard in Beijing for the medical leave is no less than 80% of Beijing’s minimum wage (Beijing’s current monthly minimum wage is RMB 2020). [read post]
22 Jan 2020, 7:42 am
An investigation, which was conducted between 2015-2017, found that Meng sought improper benefits from staff in other countries, benefited from his power and status and illegally accepted property from personnel equivalent to more than RMB 14.46 million. [read post]
10 Jan 2020, 1:41 am
Claimant alleged that his damages were caused by the 2008 collapse of the securitized residential mortgage-backed securities ("RMBS") and collateralized debt obligations ("CDO") markets. [read post]
29 Dec 2019, 4:38 am
In the U.S. and Europe, it is common to structure investor company ownership that departs from a straight one RMB for one share arrangement where all shareholders are treated in exactly the same way. [read post]
18 Dec 2019, 3:48 pm
Whilst China has increased the cap of statutory damage awards to RMB 5 million (from RMB 3 million), damages awarded in China may remain comparably low due to the difficulty plaintiffs face in proving their loss or the defendant’s gain. [read post]
18 Dec 2019, 3:48 pm
Whilst China has increased the cap of statutory damage awards to RMB 5 million (from RMB 3 million), damages awarded in China may remain comparably low due to the difficulty plaintiffs face in proving their loss or the defendant’s gain. [read post]
18 Dec 2019, 3:48 pm
Whilst China has increased the cap of statutory damage awards to RMB 5 million (from RMB 3 million), damages awarded in China may remain comparably low due to the difficulty plaintiffs face in proving their loss or the defendant’s gain. [read post]
18 Dec 2019, 3:48 pm
Whilst China has increased the cap of statutory damage awards to RMB 5 million (from RMB 3 million), damages awarded in China may remain comparably low due to the difficulty plaintiffs face in proving their loss or the defendant’s gain. [read post]
18 Dec 2019, 10:16 am
Li’s companies, committing to pay him a total of RMB 2.163 million (RMB 1.163 million of which had been paid at the time of his prosecution). [read post]
25 Nov 2019, 3:04 pm
Though, unlike other decisions in lawsuits against RMBS trustees, this decision did not go so far as to conclude that Royal Park must prove its damages on a loan-by-loan basis. [read post]
14 Nov 2019, 2:03 pm
Paul Mangione, a former Deutsche Bank executive, has reached agreement, with the United States to settle a civil action filed in September 2017 in which the United States sought civil penalties for Mangione’s conduct in connection with Deutsche Bank’s marketing and sale of two residential mortgage-backed securities (RMBS) in 2007. [read post]
12 Nov 2019, 6:00 am
In China Factories Are Exporting Lower Prices Around the World, Bloomberg News wrote this week about something our internmational manufacturing lawyers have been seeing: Desperate Chinese factories are lowering their prices. [read post]
10 Nov 2019, 9:03 am
Fortunately, free speech won this round (barely), but there will always be plenty of companies ready, willing and able to sell their souls at the alter of the almighty dollar, or should I say RMB. [read post]
31 Oct 2019, 2:28 am
These include the issuance of warnings for certain kinds of violations, as well as fines of up to RMB 1,000,000 (about USD 145,000) for entities and up to RMB 100,000 (about USD 14,500) for individuals. [read post]
21 Oct 2019, 3:20 pm
Originally filed November 10, 2014 (as covered here), NCUA’s complaint alleges that DBNTC failed in its duties as trustee for 37 RMBS trusts, resulting in losses to those trusts and their investors, including five failed credit unions that were taken over by NCUA. [read post]