Topic: International Law

Latest Iran Sanctions: Need-to-Know from JD Supra

The net of international sanctions on Iran and entities that do business with the Iranian regime continues to tighten. For your reference, here’s a roundup of latest commentary and analysis on sanctions imposed by the United States and Europe: U.S. Activity New Iran Sanctions Enacted (BakerHostetler): “The [latest] law, which comes just shy of five… Read more »

In Rubin v. Eurofinance, UK High Court Rejects Jurisdiction of US Bankruptcy Court

Earlier this week, the Supreme Court of England and Wales ruled that a United States Bankruptcy Court decision against an individual not subject to US court jurisdiction could not be enforced in the United Kingdom. From Skadden Arps: “Traditionally, under English conflict of law rules, a foreign judgment may only be enforced in England at… Read more »

Iran Sanctions Now Apply to Foreign Subsidiaries of U.S. Corporations

On October 9, President Obama issued an Executive Order that makes foreign subsidiaries of U.S. corporations subject to sanctions on doing business with Iran. From law firm King & Spalding: “Under Section 4 [of the Iran Threat Reduction and Syria Human Rights Act], no entity that is owned or controlled by a U.S. person and… Read more »

European Commission Proposes Centralized Bank Supervision

Earlier this month, the European Commission published its legislative proposal outlining the creation of a single supervisory mechanism that will allow the European Central Bank (ECB) to supervise Eurozone banks. The move would give the ECB broad-reaching powers normally held by national regulatory authorities to police banks throughout the region, laying the groundwork for a… Read more »

Doing Business in Hong Kong: A JD Supra Legal Reader

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 »

Doing Business in China: A JD Supra Legal Reader

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 »

Brazil Revises Foreign Bribery Bill

Brazil is making its foreign bribery bill easier to understand, which should help companies doing business in the country build and refine their compliance strategies. From anti-corruption lawyer Matteson Ellis: “The amendments clarify and boost the voluntary disclosure program, which should be a welcomed change for companies. In the earlier version, companies that self reported… Read more »

China Law Roundup: Trade Matters, Merger Review, Anti-Monopoly Law, Data Privacy, & More

For your reference, a roundup of recent China-focused advisories from leading global law firms, covering a broad range of corporate issues: China Loses Raw Materials Case In World Trade Organization’s Appellate Body; Possible Implications For China’s Rare Earth Metals Quotas (King & Spalding) “The World Trade Organization (‘WTO’) Appellate Body found that China’s export restrictions… Read more »

International Law: India Supreme Court Ruling, Data Privacy in China, Russia Update, & More

For your reference, here’s a roundup of recent legal developments affecting US corporations and financial institutions doing business around the globe: Supreme Court of India’s Vodafone Judgment: Implications for International Investors (White & Case LLP) “On January 20, 2012, the Supreme Court of India delivered a landmark judgment in Vodafone International B.V. v. Union of… Read more »

The Most Challenging Issues Facing Global Employers

International law firm Littler published the highlights of its 2011 Global Employer Institute conference in a 70-page report on some of “the most challenging issues facing global employers.” It’s a comprehensive overview, touching on globalization, employee security, labor relations, employment agreements, and a number of other topics. Three articles within the report caught our eye… Read more »

International Labor: Legal Guide to Employing Workers Around the World

According to the Organisation for Economic Co-operation and Development (OECD), in 2010 US corporations invested more than $350 billion in foreign direct investment projects across the globe: buying factories, setting up businesses, establishing joint ventures. For companies considering their own international investment, here’s a roundup of updates on labor laws in some common destinations of… Read more »

The Travel Act: Bribing Business Representatives is Still Bribery…

“With all the attention being paid to the Justice Department’s aggressive prosecution of the Foreign Corrupt Practices Act,” writes law firm Sheppard Mullin, “companies might be tempted to celebrate if an internal investigation revealed that no bribes had been paid to foreign officials.” But if that investigation were to reveal bribes paid to “non-government foreign… Read more »

Anti-Bribery: Prosecutorial Misconduct, Private Suits, IRS Enforcement, China, Mexico, and Other Updates

For your reference, a roundup of recent law firm commentary touching upon some of the issues central to the ongoing, global fight against bribery and corruption: DOJ’s FCPA Trial Record (Michael Volkov) “The O’Shea case was an unfortunate result. The judge was no friend of DOJ. He has a reputation as an anti-government judge, and… Read more »

Foreign Corrupt Practices Act/Anti-corruption: What to Expect in 2012

From global law firm K&L Gates, a look ahead at FCPA and anti-corruption activities in 2012: “…law enforcement actions against international corruption have become commonplace. What is noteworthy as we enter 2012 is precisely how routine the activity in this area has become. The U.S. Department of Justice (DOJ) suffered a couple of embarrassing setbacks… Read more »