Monthly Archives: June 2007

BVI company owned Chinese corporation makes counterattack in dispute with French food industry giant – Danone Groupe SA

We have already discussed the dispute between a French groupe Danone SA and its Chinese joint venture partner, which resulted in Danone’s filing legal action against BVI-based Ever Maple Trading Ltd. Danone accused Hangzhou Wahaha Food that is indirectly controlled … Continue reading

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Online gambling to come back?

It has already been discussed that in September 2006 the US passed a law to shut down online gambling. As a result, the shares of many online gambling companies, including many the British Virgin Islands-based companies fell significantly. However, there … Continue reading

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Offshore Companies and Trusts used by wealthy to evade stamp duty on London’s property

Last week two senior figures of Labour Party raised the problem of a property tax dodge which helped the rich people to escape stamp duty and cost the Treasury of UK tens of millions of pounds a year. The tax … Continue reading

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Creditors meeting at Elland Road: new considerations on the links between Astor Investment and Ken Bates

Leeds United, which a month ago was put on administration by its chairman Ken Bates, with KPMG appointed as administrators, hung in the balance when on June 4 the Leeds’ administrator ordered a recount of creditors’ votes on a club’s … Continue reading

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British Revenue authority to seek billions of tax hidden in offshore jurisdictions

Revenue & Customs expects to receive back hundreds of millions of pounds from Britain’s wealthy, after banks handed over personal details of 400,000 customers with offshore accounts. By the information received by Revenue & Customs, there are uncovered City bonuses, … Continue reading

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Danone files an action against BVI-registered Ever Maple Trading Ltd.

A dispute between French dairy and water company Groupe Danone SA and its Chinese joint venture partner, which actually started several months ago, last week was escalated when Danone filed a lawsuit in Los Angeles over alleged illegal sales in … Continue reading

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