The purpose of this InfoPAK is to assist corporate counsel in understanding and making decisions about the Foreign Corrupt Practices Act and global anti-corruption law. Included is a summary of the Act, the role of the various government agencies, enforcement trends, and a discussion of steps companies can take to mitigate risk and fulfill their obligations under the Act. <p><b>Also included is a summary of anti-corruption laws in: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Mexico, Russia, Singapore, and Thailand.</b></p>
A review of mechanisms in Brazilian law in effect for the debtor to offer guarantees that will enable it to dispute debts with the respective creditor within either the legal or the administrative spheres.
The recent cases testing the new provisions have led to a number of useful decisions to help guide foreign representatives in understanding the Canadian regime and what courts can — and are willing — to do to assist cross-border proceedings. Together with the proactive steps taken by the CLUC to create model recognition and supplemental orders in the context of foreign main proceedings, foreign representatives can find comfort that the underlying principals of the Model Law are respected and recognized in Canada.
Under French law, the divestiture of an unprofitable business can create specific legal risks. For example, international companies should anticipate post-closing liabilities under bankruptcy proceedings and employee claims. Learn more about what to expect and how to navigate associated risks.
The Court of Justice of the European Union (CJEU) released its judgment today in the Crédit Lyonnais case (C-388/11), finding that in determining the deductible proportion of VAT applicable, a company, the principal establishment of which is situated in a Member State, may not take into account the turnover of its branches established abroad.
A review of United Arab Emirates law related to corporate governance, investment, incorporation, intellectual property, data privacy, real estate, and transferring shares.
A brief discussion of how improvements in mining and agriculture law affect the Brazilian financial services industry.
A discussion of the Foreign Account Tax Compliance Act's (FATCA) reach beyond US borders, with specific focus on how Brazilian banks comply with the law.
A discussion of the tension between Brazil's bank secrecy laws and governments' need to collect data on unpaid taxes.
An overview of security interests in Ontario. Includes review of how companies can protect their security interests under Ontario's Personal Property Security Act.