This decision by the High Court of Australia highlights the importance of carefully drafting reasonable endeavours clauses. Where it is commercially acceptable, it would be prudent for an obligee to seek to include express, specific and objective boundaries on the obligor's conduct.
This primer provides non-Canadians with an introduction to the laws and regulations that affect the conduct of business in Canada and, in particular, in the province of Ontario. In some cases, this primer also identifies issues in the provinces of Alberta and British Columbia. Because of Canada’s federal structure, the authority to make laws and regulations is divided between the federal and provincial governments by the Canadian Constitution although, in some areas of divided authority, both federal and provincial laws may apply. Read on to learn more.
This guide provides an introduction to the laws and regulations that affect the conduct of business in Canada.
The question and answer format of this article makes it an accessible, quick read for those looking to do business in Manitoba.
This article states that although the Securities and Exchange Commission doesn't require companies to disclose cybersecurity risks and incidents, companies should establish a disclosure framework in light of the SEC's cybersecurity guidance.
Except for Law No. 6729/79, which regulates the commercial concession between producers and distributors of land automotive vehicles, before 2002 there were no specific legal rules for distributorship agreements. This changed with the introduction of the Brazilian Civil Code. Read this article to learn more.
The court-supervised reorganization of corporations introduced by the Brazilian Reorganization and Bankruptcy Law (LRF) arose in order to lower credit risk and achieve greater reductions in interests accrued on financial loans. However, little has been said about the fact that the LRF has introduced several capital market protection mechanisms, which is discussed in this article.
This article shows how directors must be proactive in ensuring that they are properly advised about the scope of their insurance coverage, and that they then provide appropriate oversight to ensure that the bank secures a strong coverage program in light of what currently is available in the D&O insurance marketplace.
Contractual risk allocation tools are powerful, and therefore commonly subject to negotiation and litigation. However, counsel often overlooks or misjudges the provisions' complexities and impacts. Therefore, parties commonly find themselves facing more liability than they thought they bargained for. This article gives ten key tips to avoid common risk allocation drafting pitfalls and achieve legal and business objectives.
Companies that make imports in Brazil face many taxes to complete the process of importation. This generates huge costs to the imported products sold in the Brazilian market. Learn more about what taxes apply to imports.