When Companies make decisions about where to put their investments, the dispute resolution regime in place is key because disputes arise all the time. The “Mambo Matatu, pack and go” approach where the President can just shut down your business is very bad for investment and consequently, job creation. It is why we in Linda Mwananchi insist on a return to the Rule of Law. Thats our Plan!
BREAKING: The NBA has ruled on the Los Angeles Clippers in for salary cap circumvention investigations on Kawhi Leonard after yearlong probe -- stripping the franchise of 5 first-round picks, issuing a $30 million fine to owner Steve Ballmer and suspensions for Ballmer, Lawrence Frank and Gillian Zucker, sources tell ESPN.
Kawhi Leonard will have to pay $700,000 in restitution for improper benefits by the Clippers for his uncle and former business rep, Dennis Robertson. No contract void or suspension for Leonard. And Robertson -- who was fired by Leonard in June -- is being banned by the NBA from all business dealings.
BREAKING: Stan Kroenke is buying the Los Angeles Angels from the Moreno family.
Kroenke is the largest private landowner in the US and now owns controlling stakes in the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Arsenal (Premier League).
24-time Grand Slam champ Novak Djokovic loses in the first round of a Slam for the first time in over 20 years (Australian Open 2006).
Defeated by Mariano Navone 7-6(4), 5-7, 4-6, 6-2, 6-1 in 4h36 on Ashe.
That's his 1st ever R1 loss at the US Open in 20 appearances