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The credit market that funds banks serving America’s farmers, ranchers and loggers has been rattled by a move that could leave investors with unexpected losses on their investments.
Could Brexit Kill the Transatlantic Trade and Investment Partnership? [VIDEO] - Farm Journal's MILK Business
This week Britain decided to leave the European Union (EU) in a historical vote nicknamed Brexit. How will this impact trade agreements currently being discussed between the U.S. and EU? That’s still unknown but analysts seem to agree on one thing: The Transatlantic Trade Investment Partnership (T-TIP) is a likely casualty of the move by Britain.
“T-TIP is dead,” says Jim Wiesemeyer of Informa Economics. “You can bolt it shut. In fact, I think they put an incinerator to it.”
Naomi Blohm of Stewart-Peterson says it’s going to be a major hurdle to try to overcome Brexit to see T-TIP happen but there could be opportunity depending on what other countries in the E.U. do. “Now there is concern about what if the UK now suddenly tries to do a bilateral deal with the U.S. separate of T-TIP.”
Mike North of Commodity Risk Management Group seems to be the most optimistic about the situation and not because he thinks T-TIP will be finished. “We don’t do a ton of business there,” he says. “While we do some business there on the ag side we don’t do a lot.” North says he thinks all of the trade deals, including The Trans-Pacific Partnership, are off the table for a while.
“It’s going to take two or three years for them to leave the EU,” he says. “It’s not like yesterday they were in, today they are out. I believe that as we go through that process there will be some greater clarity as to what role this plays in these.”
Dan Chubb maintains a broad corporate/commercial practice and has significant experience in the areas of banking and financial services, commercial real estate, mergers and acquisitions, and franchise law. Dan is committed to delivering excellent client service. His experience with various facets of corporate/commercial law ensures a quick understanding and analysis of his clients’ challenges, objectives, and business needs.
Commercial real estate transactions / commercial leasing: Dan routinely advises Canadian and international clients on a diverse range of real estate matters, including real property acquisitions and dispositions, commercial leasing, and new project developments. His clients include financial institutions, non-profit corporations, international developers and investors, agricultural and industrial businesses, and commercial retailers.
Banking and financial services: Dan has significant experience representing financial institutions, private lenders, and borrowers in a variety of secured and unsecured debt financing transactions, including single lender and syndicated financings, asset-based and mortgage financings, acquisition financings, and multijurisdictional or cross-border lending.
Dan is a frequent presenter to industry groups and associations on legal developments in the areas of banking and commercial real estate.
Dan is an active member of his community, and currently sits on the Board of Directors for the Sherwood Park District Soccer Association.
How safe are so-called 'active workstations' for employees? | The Law Offices of Millon & Peskin, Ltd.
On behalf of The Law Offices of Millon & Peskin, Ltd. posted in Workplace Injuries on Friday, February 1, 2013.
It's no secret that employers are constantly looking for ways to cut costs. However, their methods of doing so have become considerably more advanced over the past decade. For instance, many employers have now turned to so called "active workstations" after seeing how conditions like obesity are driving up their costs and reducing overall productivity.
For those unfamiliar with "active workstations," they include everything from exercise balls that act as substitutes for regular desk chairs to treadmill desks in which the actual workspace is suspended above the deck of the machine and employees walk in place while working.
While employers may think these active workstations are saving them time and money, this might not actually be the case. In fact, some studies have even suggested that they may be causing serious work injuries.
In 2011, the National Electronic Injury Surveillance System -- which is run by the U.S. Consumer Product Safety Commission and designed to track product-related harm -- found that 37 percent of all exercise-equipment accidents were comprised of treadmill injuries ranging from foot lacerations to knee sprains.
Furthermore, online communities whose members are comprised of workers using treadmill desks have voiced concerns about everything from painful shocks caused by static buildup to Achilles tendon pain.
As for exercise balls, a 2009 study by Dutch researchers in Applied Ergonomics concluded that while they did stimulate 33 percent more trunk motion in employees, they also caused significant spinal shrinkage.
As if this isn't shocking enough, other ergonomic experts have indicated that exercise balls frequently become underinflated and that employees can suffer significant lower back pain as a result.
"It was a terrific idea, but it really just didn't work because they really were not very safe," said one health management consultant of a client company that decided to drop the use of exercise balls due to innumerable employees falls and, ironically, rising workers' compensation costs.
Please visit our workers' compensation page to learn more about your rights and your options in the event of a serious work injury.
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