log in
Submit an Article | Back

Member Articles

Selected Filters:
Practice Industry: Corporate & Business, Crossborder Trade & Investment, Technology

Sort By Title  |  Sort By Date

Panama: The World of Turnkey Contracts, Partial Payment Accounts and Certificates of No Objection
Morgan & Morgan, July 2020

For a long time, we have heard in different social media, for various reasons, some more positive than others, information related to Turnkey Contracts and the State indebtedness resulting from the Partial Payment Accounts (in Spanish, “Cuentas de Pago Parcial”) and Certificates of No Objection (in Spanish, “Certificados de No Objeción”)...

The Creation of a Startup in Panama
Morgan & Morgan, July 2020

An entrepreneur has a lot to consider when starting a new business...

International Filings via Madrid Protocol
Shearn Delamore & Co., July 2020

International Filings via Madrid Protocol On 27 December 2019, Malaysia acceded to the Madrid Protocol, opening Malaysia up to the international trademark filing system. Parallel to the accession, as many are aware, the new Trademarks Act 2019 also came into force on the same date, establishing, amongst others, the law and practical guidelines for the international filing system. With over 1...

Data Backup and Security Guidelines as Impact Mitigation Strategies in Light of the COVID-19 Pandemic
AELEX, July 2020

The COVID-19 pandemic hit the world in an unprecedented manner and, in just a few months, it has had such a profound impact on the world of work. As a result, physical office premises were shut down and many employees were forced to work from home with little or no security policy in place or a viable data backup and recovery plan...

Evolving M&A Trends: Private Equity Transactions Amid the COVID-19 Crisis
DFDL, July 2020

This article first appeared on the website of the Corporate and M&A Law Committee of the Legal Practice Division of the International Bar Association (here), and is reproduced by kind permission of the International Bar Association, London, UK. © International Bar Association.  The Covid-19 pandemic has pushed countries across the world into an unprecedented humanitarian and economic crisis...

Electronic Signatures in Chile - When you Can Use Them and When you Can't?
Carey, July 2020

The pandemic revealed a great need to remotely execute acts and contracts, avoiding the need to meet to sign the documents or appear before a notary. This increased the doubts about the regulation on electronic signatures, especially in order to understand under what circumstances they can be used and when not...

Can you Get a Vesting Order for Cyber Fraud Cases?
Deacons, July 2020

Cyber frauds, in particular email scams, have become a common trend of crime in Hong Kong in recent years. Fraudsters use various means to deceive the victims into transferring money to unauthorised bank accounts. Upon discovery of the fraud and based on information obtained from the bank, the victim may apply for an injunction from the court to freeze the recipients’ bank accounts and if the victim is lucky enough, there will be some credit balance left to recover...

Two Useful Alternatives for COVID-19 Triggered Business Insolvencies
Durham Jones & Pinegar, July 2020

The COVID-19 pandemic has triggered and will continue to trigger a “tidal wave” of business bankruptcies involving businesses both large and small.  Certain commentators have described the anticipated “tidal wave” of business bankruptcies as a “bankruptcy tsunami.”  In the three-month period between March 1, 2020 and May 31, 2020, a total of 1,812 Chapter 11 bankruptcies were filed in the U.S...

Proposed Amendment to the North Carolina Identity Theft Protection Act
Spilman Thomas & Battle, PLLC, July 2020

In April 2019, with the introduction of House Bill 904, a bi-partisan effort was made to strengthen cyber security in North Carolina. H.B...

“Relaxing Penalties”? Sounds Like an Oxymoron
Deacons, July 2020

Did you know? The Hong Kong courts are now relaxing the legal test on what is a “penalty” to allow a wider range of agreed damages in commercial contracts. Why does this matter to you? It is notoriously difficult and time consuming (not to mention costly!) to assess damages for breach of contract which must be proved by the innocent party...

Data Protection Authorities Set Out Expectations in Open Letter to VTC Companies
Deacons, July 2020

On 22 July 2020, data protection authorities from Australia, Canada, Gibraltar, Hong Kong, Switzerland and United Kingdom (together the Authorities), issued an open letter (Letter) on global privacy expectations of video teleconferencing companies (VTC companies)[1]. Why there is such a Letter? As a result of the COVID-19 pandemic, the Authorities have witnessed an increasing use of VTC tools, both in social and business contexts...

New Limited Partnership Fund Regime in Hong Kong
Deacons, July 2020

The Limited Partnership Fund Bill which provides for registration of eligible funds as limited partnership funds (LPFs) in Hong Kong passed the third reading at the Legislative Council on 9 July 2020. The Limited Partnership Fund Ordinance (LPFO) will come into operation on 31 August 2020...

Ten Legal Considerations When Starting a Hemp Business
Bradley Arant Boult Cummings LLP, July 2020

So, you want to start a hemp company. You have your big idea and a business plan ready. At some point, though, you begin to wonder whether you should be thinking about any legal issues as you get your company off the ground. That’s where we come in. Bradley’s Cannabis Industry team has a deep understanding of the many unique legal and business issues that impact hemp companies...

Buchalter COVID-19 Client Alert: Bay Area Businesses Face Uncertainty Over Conflicts Between State and Local Reopening Guidelines
Buchalter, July 2020

On July 17, San Francisco Mayor London Breed announced that due to a rapid rise in new COVID-19 cases in the last month, and because San Francisco was listed on the State’s County Monitoring List (the “Monitoring List”) for three consecutive days, San Francisco was halting all reopening procedures indefinitely beginning on Monday, July 20...

China Effectively Strengthens Fight Against Malicious Trade Marks
Han Kun Law Offices, July 2020

A focus for Chinese trademark law and practice in recent years has been strengthening the fight against malicious trademarks...

Top 10 Tips for Virtual Brown Act Meetings
Hanson Bridgett LLP, July 2020

In the Loop: With the Hanson Bridgett Government Group COVID-19 has changed the way California public agencies conduct their Brown Act meetings, creating new challenges and opportunities. Utilizing their experience serving as general counsel to a number of public agencies, Hanson Bridgett attorneys Claire Collins and Allison Schutte created their Top 10 list of recommendations on how to conduct virtual "Brown Act" Board Meetings to guide any public agency. 1...

The Top Three Data Protection Law Topics in Japan
Atsumi & Sakai, July 2020

In Japan, the Act on the Protection of Personal Information (APPI) is the primary law that regulates data protection issues...

EU-U.S. Privacy Shield Invalidated: Does Your Company Have a Plan B?
Verrill, July 2020

On Thursday, July 16, 2020, the Court of Justice of the European Union (“CJEU”) invalidated the EU-U.S. Privacy Shield (“Privacy Shield”) in Data Protection Commissioner v. Facebook Ireland and Maximillian Schrems (Case C-311/18) The CJEU’s ruling voiced concern that the Privacy Shield does not adequately protect EU data subjects’ personal data from U.S...

DOE’s Recent RFI Specifies “Foreign Adversaries” – What Does it Mean?
Lowenstein Sandler LLP, July 2020

What You Need To Know: Recent events emphasize the effect of the U.S.-China relationship on imports, exports, and foreign investment. Companies should consider looking closely at whether and how their products or services could be considered a national security concern in a variety of regulatory capacities, including foreign investment, export controls, and even real estate...

Major Disruption to US Data Transfers as EU-US Privacy Shield Declared Invalid by CJEU
Shepherd and Wedderburn LLP, July 2020

Thursday 16 July 2020 saw the Court of Justice of the European Union (“CJEU”) issue its decision on the validity of two international data transfer mechanisms - the “Privacy Shield” mechanism, which allowed for transfers between the EU and the US, and the Standard Contractual Clauses (“SCCs”) which are of more general application. Both of these mechanisms were confirmed by decisions of the European Commission...

The EU-U.S. Privacy Shield Invalidated: What it Means for U.S. Companies
Lowenstein Sandler LLP, July 2020

What You Need To Know and Do Now: Europe’s top court has invalidated the EU-U.S. Privacy Shield, effective immediately. For now, other EU-U.S. data transfer mechanisms, such as the Standard Contractual Clauses, remain intact BUT subject to additional, intense scrutiny by EU regulators. The U.S...

U.S. Department of Labor Proposes New (Simpler) Fiduciary Rule Exemption
Lowenstein Sandler LLP, July 2020

What You Need To Know: The Proposed Exemption reaffirms the long-standing five-part test used prior to the vacated fiduciary rule to determine whether an investment adviser is a fiduciary for purposes of ERISA and the Internal Revenue Code (Code)...

European Court of Justice Invalidates Privacy Shield, Upends Cross-Border Transfers
Dinsmore & Shohl LLP, July 2020

On Thursday, July 16, 2020, the European Union's top court issued a landmark ruling that will immediately transform how companies can lawfully transfer EU personal data to the United States. The court invalidated the EU-U.S. Privacy Shield, one of the most common mechanisms used by U.S. companies in connection with cross-border data transfers...

The First COVID-19 Business Interruption Decision Sides In Favor of Insurers
Dinsmore & Shohl LLP, July 2020

In what appears to be the first substantive dispositive ruling on a COVID-19 related business interruption insurance claim, a Michigan court has dismissed an insured’s business interruption claim, finding that the insured did not suffer a direct physical loss and no insurance coverage exists for the insured’s claim...

Simplified Restructuring Procedure: A New Tool for Businesses in Crisis
Wardynski & Partners, July 2020

On 24 June 2020, a new restructuring procedure entered into force, enabling businesses to carry out debt relief smoothly without undue judicial interference. Potential risks and doubts may arise on the part of creditors on how to counteract the negative effects of opening these proceedings...

 

 

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

HOME | SITE MAP | GLANCE | PRIVACY POLICY | DISCLAIMER |  © World Services Group, 2020