Australia has been through a remarkable period of tort reform. Major reforms of the liability system have been implemented in an extraordinarily short period of time, compared to the usual slow pace of legislative change. If you are a prospective defendant, you should be aware of some important consequences of these changes when facing litigation in Australia. The old rules and assumptions regarding the value of a claim may not necessarily apply.
On 28 February 2023, the Financial Conduct Authority (“FCA”) published its Regulatory Initiatives Grid updating the timeline of the Overseas Funds Regime (“OFR”), the new equivalence regime for retail investment funds and money market funds established outside the UK, which will allow recognised funds to be marketed to the public in the United Kingdom.
In September 2008, in response to the disproportionate growth in legal costs relative to other business expenses, ACC launched the Value Challenge (AVC). Five years later, this article assesses the impact of the Value Challenge and invites internal and external counsel to take advantage of the AVC resource library and workshops.
In this article, key questions are answered by leading practitioners regarding health care, pharmaceutical, and medical device industry laws and compliance in Italy.
Recently, there has been a surge of lawsuits under the Fair Labor Standards Act (FLSA). From claims of misclassification to improper overtime pay calculations, collective FLSA actions are just as profitable as discrimination class actions. However, If an employer understands the issues being targeted, these cases are largely preventable. This article presents 12 tips on how to remain compliant in regard to wage and hour issues in 2012.
Of all the drafting problems in-house counsel face, preparing a right of first refusal (ROFR) clause may seem low risk. Behind its seeming straightforwardness, however, lurk key questions that -- if not conscientiously addressed in the drafting process -- could lead you and your client to costly and time-consuming litigation.
This article summarises the German Parliament's legislative package on renewable energy, which is regarded as the largest energy policy amendment in decades.
This is a sample insider trading memo from the CEO to the employees to confirm and formalize the company’s policy and procedures regarding
trading by employees in company securities, including common stock.
Learn to better supervise the use of resources in patent studies, litigation and prosecution.
This InfoPAK (now known as ACC Guides) provides a practical guide to a Q&A that gives an overview of the legal system; foreign investment, including restrictions, currency regulations and incentives; and business vehicles and their relevant restrictions and liabilities in Switzerland.
In this multi-country guide, learn the rules for the protection of trade secrets in a wide range of jurisdictions.
This is a sample non-compete agreement among a company, a covenantor, and an employee.
Before your company launches its international charity endeavor, ask yourself: Are we legally allowed to operate in this country? By learning the 10 key legal considerations for conducting charity work across borders, in-house counsel can mitigate risk and ensure that the company executives won’t be saying, “No good deed goes unpunished.”
After a 4-year freeze, the Hong Kong Executive Council endorsed the Minimum Wage Commission’s recommendation on 10 January 2023 to raise the statutory minimum wage by HK$2.5 to HK$40 per hour, representing a 6.7% hike. Subject to the approval of the Legislative Council, the revised rate will come into force on 1 May 2023, the Labor day.
The Danish Data Protection Agency published its 2022 inspection plan, which involves new focus areas, but also repeats areas from previous years. This article is an overview of the inspection plan, and how your organisation can prepare for a possible inspection.
The Abu Dhabi Global Market (“ADGM”) published its Guiding Principles on Whistleblowing on 6 December 2022 (“Guiding Principles”). The Guiding Principles are intended to provide a benchmark or framework for all ADGM entities to work within, and all such entities are encouraged to review and align their own whistleblowing procedures with the Guiding Principles.
The following article is a primer for the U.S.-trained human resources manager tasked with handling a pan-European reduction in force ("RIF") for an American company. It sets out the key elements of a RIF plan, concisely overviews the European legal landscape, addresses seven key issues concerning collective dismissals in six European countries, and provides country-by-country guidance on those issues. If, for example, you do not want one of your company's directors to land in a French jail because you did not follow the correct procedures concerning the collective dismissal of your company's Avignon-based workers, then this article is for you. The article is certainly not a substitute for personal advice from in-house counsel geared to the particular matter at hand, but should help lay the groundwork for an effective RIF plan.
Legal teams are in an enviable position, at the heart of a business. We are a constant that enables us to become part of the DNA of our business. Used well, technology can augment our collective knowledge. However, knowledge management is not only about technology, it’s also about people: individuals, teams, communities, organisations. We will look at how technology provides unparalleled support to small and large law departments that may be internationally located, enabling them to deliver timely responses accurately and adding even greater value; a value that can be measured and demonstrated to the business.
The decision is an example of the English Courts’ willingness to develop and apply existing case law to contemporaneous disputes, in this case in relation to crypto assets and persons unknown who might be out of the jurisdiction (a common feature of such cases) to ensure victims have a timely means of tracing and recovering stolen assets.
This article addresses the practical issue of establishing corporate values and then embedding and sustaining those values in its corporate decision-making structure.
This article deals with doing business in the Asia Pacific Region.
Banks, brokers and insurance companies are often affiliated, but doing business with affiliates creates some inherent conflicts. Panelists will address how to identify, disclose, mitigate and otherwise manage these types of conflicts as well as address the rules of professional responsibility and ethical considerations.
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