Mr. George Osborne, the UK chancellor of Exchequer has put greater effort in collection of unpaid tax and dealing with tax avoidance. As a result of this Starbucks Corporation the world’s biggest coffee shop operator has agreed to pay more…
Economics
UBS’s bid for GE’s Swiss Lending Unit

UBS bid for the Swiss consumer lending business which is now in the hands of Gen for auction. The deal may possibly end up with 1.5 billion Swiss francs equivalent to $1.6 billion. The Swiss bank UBS story: Swiss bank UBS…
What are Insolvency Practitioners and when do I need one?

Many people believe that they only can call Insolvency Practitioners (IPs) when their company has actually become insolvent, but this is not entirely true. Before that, there are several situations where you might need an insolvency practitioner, like those cases…
Patent Case – Microsoft Corporation Vs Motorola

Motorola and Microsoft Corporation are bent upon on keeping the patent case between them secret from public view as well as are struggling hard for the settlement of the same. Both the companies have approached the federal judge in Seattle…
Possible Bankruptcy Filing by Edison Mission Energy

Power company Edison Mission Energy the unregulated power generation business of Edison International, having operations in dozens of U.S. states, may have to file a possible bankruptcy trying to restructure its debt of $5 billion. According to a source who…