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6 Aug 2023, 10:00 pm
The US District Court for the Southern District of New York recently ruled in favor of issuers of residential mortgage-backed securities (RMBS) in a case that was a long-running challenge to the Employee Retirement Income Security Act of 1974. [read post]
6 Aug 2023, 10:00 pm
The US District Court for the Southern District of New York recently ruled in favor of issuers of residential mortgage-backed securities (RMBS) in a case that was a long-running challenge to the Employee Retirement Income Security Act of 1974. [read post]
6 Aug 2023, 10:00 pm
The US District Court for the Southern District of New York recently ruled in favor of issuers of residential mortgage-backed securities (RMBS) in a case that was a long-running challenge to the Employee Retirement Income Security Act of 1974. [read post]
6 Aug 2023, 10:00 pm
The US District Court for the Southern District of New York recently ruled in favor of issuers of residential mortgage-backed securities (RMBS) in a case that was a long-running challenge to the Employee Retirement Income Security Act of 1974. [read post]
6 Aug 2023, 10:00 pm
The US District Court for the Southern District of New York recently ruled in favor of issuers of residential mortgage-backed securities (RMBS) in a case that was a long-running challenge to the Employee Retirement Income Security Act of 1974. [read post]
6 Aug 2023, 4:48 am
When a Chinese company seeks to pay a foreign party, it must first convert RMB to the foreign currency. [read post]
11 Jun 2023, 10:59 pm
Yin eventually returned RMB ¥496,005 but not the balance of what Wu had paid. [read post]
How Has Blockchain Technology Fared in China? –from a case study of LRB to the most recent NFT cases
27 Mar 2023, 9:50 am
Collectors simply start shopping with the Chinese currency RMB, and R-Space holds their collections in digital wallets. [read post]
25 Mar 2023, 3:30 pm
The seize-up of dollar credit will accelerate the shift to a multipolar reserve system, with advantage to China’s RMB as a competitor to the dollar. [read post]
25 Feb 2023, 11:01 am
Today a reader made me aware of new standard-essential patent (SEP) litigation activity in China: Datang Mobile is suing Samsung in the Fuzhou Intermediate People's Court over six 4G/LTE SEPs, seeking a total of approximately 120 million RMB (US$17 million) in damages. [read post]
13 Feb 2023, 2:53 pm
This was reported in 京法网事, which is the official Weibo account of the Beijing Courts.The Beijing Shijingshan People’s Court in China awarded Decathlon around RMB 294 million (approx USD 43.4 million) in damages for economic losses and reasonable expenses. [read post]
30 Jan 2023, 8:06 am
In some cases, fines of up to RMB 250,000 (~$36,855) could be imposed on a bad faith trademark applicant. [read post]
19 Jan 2023, 4:10 pm
Credit Suisse RMBS Misrepresentations – New Jersey — $495 million. [read post]
13 Dec 2022, 11:17 am
Nobody ever said doing business with China would be easy. [read post]
6 Dec 2022, 5:43 am
Employers who violate these provisions are subject to fines of between RMB 10,000 and 50,000. [read post]
2 Nov 2022, 2:53 pm
25 Oct 2022, 10:52 am
Just last week, the bank agreed to pay the New Jersey Bureau of Securities $495 million to settle a lawsuit for their role in inflating residential mortgage-backed securities (RMBS) prior to the 2008 financial crash. [read post]
24 Oct 2022, 4:47 am
The simplest expression of this rule is in In re Part 60 RMBS Put – Back Litig. (195 AD3d 40 [1st Dept 2021]), the Court writing that “where the indemnification is broad, in the absence of limiting language, both intra-party and third-party claims are covered. [read post]
6 Sep 2022, 7:29 am
According to Zhang Hongyong, an expert on Chinese and global value chains, Chinese government subsidies provided to the robotics industry have grown more than threefold from 4.6 billion RMB ($670.4 million) in 2015 to 15.4 billion RMB ($2.24 billion) in 2019. [read post]
29 Aug 2022, 8:27 am
For its part, Article 56 authorizes the imposition of fines of up to RMB 1 million on individuals who bear personal responsibility for monopoly agreements. [read post]
