New laws in the People’s Republic of China – which went into effect on 1 January 2021 – have completely revamped the rules pertaining to the succession of the deceased’s assets into a more organized system. The new policies, which have replaced laws in place since 1985, provide more guidelines and structure regarding appointing estate administrators and their scope of power.
Due to opportunities available in the Chinese market, many overseas companies have been trying to tap into it. However, it is important for overseas companies– particularly for the United States (US) companies – to be aware of both the restrictions imposed by the U.S. government, as well as the government of the People’s Republic of China before attempt to run business operations in the Chinese market.
This article examines the recent trends in cases which involve the extent of a Court’s jurisdiction to determine a “just and equitable winding up petition” when the two parties involved have a valid arbitration agreement between them.
This article provides an overview of an important case in which the United Kingdom Privy Council (UKPC) examined the fiduciary duties of a director in a company, specifically one what had recently become insolvent. It takes a look at what a company directors fiduciary duties and obligations are when insolvency occurs.
This article can guide you on how to build a powerful legal tech shopping list with functional and non-functional requirements.
In this personal opinion article, a former senior executive speaks about his ideas regarding leadership and what a true leader needs to learn before taking up responsibilities.
As in-house counsel, you're corresponding with a variety of people, not just other lawyers. It's important that in-house counsel can write and communicate using non-lawyer language. Plain language isn’t about making language
boring; it's about ‘succinct writing that has a defined audience and purpose. With it the reader can easily find, understand and use the information they need’.
New vision and skills for new times. Progressive in-house lawyers at all levels are looking to do more than provide legal advice. To do that it is essential to develop "non-traditional" business skills and to know how to apply these in new ways of working.
In-house lawyers in their role as legal advisors to corporations, government departments, or other bodies or organisations are no different from other lawyers. However, because the client of in-house lawyers is usually their employer, some unique ethical challenges can arise for them.
Neville Eisenberg and Bruce Braude reflect on the ACC round table that they hosted in Hong Kong and conclude that General Counsel and legal operations specialists in Asia are rapidly driving the legal operations agenda.