Commercial Law

MPs pass law on mortgage in first reading (Moldova.org)

16 May 2008

The Parliament adopted the law on mortgage in first reading on May 15. The document is intended to eliminate the incertitude on the mortgage market by creating a safe legislative framework. Minister of Economy and Trade Igor Dodon said that the lack of special regulations concerning mortgage affects the development of the mortgage market in constructions and the contradictions between the ...

Agriprocessors admitted to employing illegals in 2006 (The Gazette)

16 May 2008

Officials at the Agriprocessors plant in Brooklyn, N.Y., admitted to employing illegal immigrants at the plant May 12, 2006 when a National Labor Relations Board administrative judge ruled the company violated federal labor law by refusing to bargain with the United Food and Commercial Workers Union. Plant officials argued the majority of the employees who voted to join a union were illegals, ...

US Commercial Banks Up Use Of Discount Window In Latest Week (The Forex Market)

15 May 2008

WASHINGTON (Dow Jones)--U.S. commercial banks increased their use of the Federal Reserve's discount window by about $2 billion compared with last week, a sign that while there has been some improvement in financing conditions, strains remain.