These recent updates aimed at foreign companies doing business in Russia remind us of the stark contrast between Ian Fleming’s Cold War Russia and the Russia of today, which joined the World Trade Organization earlier this summer. On accounting, arbitration and anti-corruption, from Russia with JD Supra love: 1. New accounting rules on January 1,… Read more »
Allen Matkins’ Eileen Nottoli on why businesses that sell consumer products in California need to be aware of – and act on – the state’s new Safer Consumer Product regulations. [Link: New Consumer Product Regulations: Manufacturers, Importers and Retailers Need to Prepare] For your reference, a JD Supra roundup of commentary on a range of… Read more »
For your reference, a roundup of recent legal advisories on a broad range of issues facing companies doing business in and with Hong Kong: Legal and Regulatory Issues in Hong Kong PIPE Transactions (Skadden, Arps, Slate, Meagher & Flom LLP): “Private investment in public equity (or PIPE) transactions are an increasingly common source of funding… Read more »
For your convenience, here’s a roundup of recent legal commentary and analysis on a broad range of issues facing companies doing business in and with China: Life Sciences Health Industry China Briefing – June 2012 (Reed Smith): “China’s new patent regulations allowing the government to force drug companies to grant compulsory licenses for generic versions… Read more »
For your reference, a roundup of recent legal commentary and analysis on issues related to doing business in and with China: China 20/20: Legal & Regulatory Developments (Orrick, Herrington & Sutcliffe LLP): “On May 7, 2012, the Ministry of Commerce (“MOFCOM”) issued the Notice on Improving the Filing Administration of Foreign Invested Venture Capital Enterprises… Read more »
On June 4, 2012, a California appellate court ruled in Iskanian v. CLS Transport to uphold an employment contract containing a class-action waiver. Drawing on the recent US Supreme Court decision in Concepcion, the California Court of Appeals determined that Arshavir Iskanian must abide by the terms of the arbitration agreement he signed while working… Read more »
For your reference, a roundup of legal advisories on issues of relevance to companies doing business in the state of California: Calif. Assembly OKs Bill To Shield Workers’ Facebook Logins (Mintz Levin – Employment, Labor & Benefits) “A landmark bill that aims to protect California employees and prospective workers from being asked by a company… Read more »
For your reference, a roundup of recent Chinese legal news and developments of interest to multinationals active in the country: China’s Parliament Adopts Revision to Criminal Procedure Law (Sheppard Mullin Richter & Hampton LLP) “On March 14, 2012, the fifth session of the National People’s Congress adopted the latest revision to China’s Criminal Procedure Law… Read more »
Earlier this month, in In re American Express Merchants’ Litigation, the Second Circuit struck down — for the third time — an arbitration provision containing a class action waiver in an American Express credit card agreement. By ruling the class action waiver unenforceable, the decision sets up a potential conflict with the Supreme Court’s ruling… Read more »
From Cadwalader, Wickersham & Taft LLP, analysis of two recent judicial decisions in the long-standing Lago Agrio dispute between Chevron and plaintiffs in Ecuador suing the global energy company for environmental contamination. The first looks at an appellate decision in Ecuador that affirmed an $18 billion judgment against Chevron: “… we are not certain how… Read more »
