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Shanghai April 2009

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2:00am
The value of falling into the parent trap
...figure like him; better the joy (and occasional torment) of paternal duties.Because we all get old. Why struggle to amass riches only to see them dissipated through death duties and passed to distant relatives? Surely it's better to have a partner and... By Luke Johnson
10:13pm
The value of falling into the parent trap
...figure like him; better the joy (and occasional torment) of paternal duties. Because we all get old. Why struggle to amass riches only to see them dissipated through death duties and passed to distant relatives? Surely it’s better to have a partner... By Luke Johnson
December 6, 2009
Fund industry awaits ruling in charging case
...The plaintiffs in the case – Jones v. Harris Associates – back up claims of excessive...petitioning for Supreme Court review. Jones v. Harris also follows on the heels of last year...funds over the issue. The path Jones v. Harris took to the Supreme Court began in the... By Peter Ortiz
5:23am
Honda airbag risk triggers global recall
...at Honda’s US and Canadian plants. The latest recall applies to 2001 and 2002 model-year Accord, Civic, Odyssey, CR-V, Pilot and 2002 Acura TL and CL vehicles in the United States. Honda said the recall would cost the company about Y24m ($267...
November 1, 2009
Case begins on fees to mutual funds
...Mutual fund advisory fees total about $100bn (€68bn, £61bn) annually. In the case, Jones v Harris Associates, shareholders argue that Harris, a Chicago-based investment manager with about $50bn under management, overcharged them on... By Nicole Bullock in New York
February 9, 2010
Business Diary: Sophia Harris, Solomon Harris
Sophia Harris founded the law firm Solomon Harris. She lives and works on Grand Cayman, where she plays a leading...11 years ago. I set it up with backing from my husband Paul Harris - and the audacity that comes with youth. Solomon is my maiden... By Jane Owen
February 8, 2010
Business diary: Sophia Harris
Sophia Harris founded the law firm Solomon Harris. She lives and works on Grand Cayman, where she plays a leading...11 years ago. I set it up with backing from my husband Paul Harris – and the audacity that comes with youth. Solomon is my... As told to Jane Owen
2:00am
Looming commercial real estate crisis offer 'bonanza'
...said: "We've come off the precipice and moved back into more healthy territory."Credit markets had come back sharply in a V-shaped recovery, he said. "It was the best period for buying distressed debt we have seen . . . 18 months ago we were backing... By Martin Arnold in Berlin
November 1, 2009
A costly lesson in the rule of ‘loser pays’
...Court may provide a useful caution. Jones v. Harris Associates L.P., which will be argued...decade, from 1995 to 2004. In Jones v. Harris, plaintiffs’ attorneys allege...brief for the US Supreme Court in Jones v. Harris. By John C Coates
November 2, 2009
Top US court to rule on mutual fund fees
...Mutual fund advisory fees total about $100bn (€68bn, £61bn) annually. In the case, Jones v Harris Associates, shareholders argue that Harris, a Chicago-based investment manager with about $50bn under management, overcharged them on... By Nicole Bullock in New York