Monday, January 6, 2014

Cargo Forwarder: CSL Gives a Thumbs Down on Cargolux-HNCA Deal

















My Orchids. Phalaneopsis "You name it". Photo ET

Cargo Forwarder: CSL Gives a Thumbs Down on Cargolux-HNCA Deal

But of course. This is an excellent summary of CSL's comments about the deal. The Chamber is required to advise on ongoing legal issues. 


Cargoforwarder points out the obvious inefficiencies in the agreement, that is unbelievably lopsided. Unless there is more than the documents show and the eye can meet, this will be the second disastrous negotiation that the Luxembourg government leads all on its own, disregarding the rules of good governance of a corporation.

This blog reflected on the same in late December:  http://egidethein.blogspot.com/2013/12/cargolux-shearman-and-chambre-des.html




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