Foreign companies doing business in China have focused in recent days on the case of GlaxoSmithKline (“GSK”), the British multinational producer of pharmaceuticals, biologics, vaccines and consumer healthcare products headquartered in London. Articles to date, however, have been more descriptive than analytical and have focused more on the alleged acts and potential implications for the individuals allegedly involved and not as much on potential exposure for the corporate entities and those corporate officers who were not directly involved in actions violating PRC law. This article addresses those points while also placing the case in the broader context of China today.
The key to networking is not who can get the most business cards, but rather who can develop meaningful relationships that will ultimately contribute to long-term success.
Current legislation creates several cost obstacles for parties seeking to purchase residential property together. One group of buyers that may be very much affected are married couples and families seeking to jointly purchase property. The reality is that for as long as such rules are in place, the practical approach by couples and families may prevail, in that, they may try to see how they can navigate the rules and hold their real estate with whatever tax savings; and to be less sentimental about what a matrimonial home and family home represents.
Rising interest in Corporate Social Responsibility (CSR) programs has translated into an increase in the number of companies opting to create their own foundations. The foundation becomes a direct channel for the company’s CSR efforts. Learn best practices for starting a foundation.
Who is the lead risk manager at your company? Should it be you? Companies today are demanding that senior staff develop and implement strategic risk management methodology that identifies and addresses risks, while ensuring that everyone is working together to protect against it.
This InfoPAK (now known as ACC Guides) gives a succinct overview of restraints of trade, monopolies and abuses of market power in Germany.
Learn about the findings and lessons in the second annual report on Foreign Direct Investment ("FDI") in the EU.
A quick guide to navigating the intricacies of the Brazilian tax code and the federal administrative courts.
Global business leaders provide unique strategies for how the in-house counsel of today can be better prepared to become the in-house counsel of tomorrow.
Recent regulations and future proposed changes likely will encourage in-house counsel to involve themselves in their client's financial affairs and to report improper conduct. In-house counsel need to consider corporate conduct and investigate misconduct. This article discusses the broad responsibilities of in-house counsel and provides an overview of the
post-Enron environment from the in-house perspective.
This article summarises the German Parliament's legislative package on renewable energy, which is regarded as the largest energy policy amendment in decades.
This primer outlines the evolution and usage of the LMA’s recommended forms in Europe for the benefit of those new to LMA terms. It goes on to describe the components of the LMA's facility agreements for use in Africa, highlighting the key features of each template as well as the main differences between those documents and the English law documents, on which the Africa templates are based.
Developing exceptional listening skills and the ability to harness one’s emotional intelligence is essential to a successful in-house career. A diverse mix of EI gurus will wrap up this intensive day by providing helpful tips for building sincere connections and forging new relationships outside of your “comfort zone” that you can put into practice once you return to the office.
The proliferation of music and movie sharing sites make it easier than ever to add multimedia – motion pictures, television video, and music -- to enhance communication and training for customers and colleagues. Yet questions about permissions and licensing persist. This program will offer an introductory class on music and video public performance law and licensing. From American Society of Composers, Authors and Publishers/Broadcast Music, Inc./Society of European Stage Authors and Composers, to movie and television studios, to public performance licenses, to sync licenses, and more, this program will provide an overview of current laws pertaining to music and video licensing and offer practical approaches on when organizations need to seek permission for reuse. Guidelines on how to go about securing the necessary permissions, clearances and licenses will be offered.
This resource educates the corporate counselor about the ways to use technology and strategic flow processes to increase productivity and enable lawyers to work more effectively. This approach is designed to provide attorneys with the tools they need to collaborate better with clients, the legal department and outside counsel.
Bullying doesn't only happen on the playground - it can happen around the water cooler in your office. Learn how to address this behavior and prevent the legal and financial problems that can result from one employee being a little too mean to another.
In-house counsels are under increasing pressure (especially from procurement colleagues) to run formal RFPs (Requests for Proposals), or tenders, in order to compare offers from law firms and select on an "objective" basis. In this session our speakers will lead a discussion on the pointers and pitfalls in running an RFP when selecting a law firm.
It is absolutely feasible for foreigners who are not residents in the country to organize companies in Costa Rica, whether they are Stock Companies or Limited Liability Companies.
For legal professionals, caution and conservatism are often vital in fulfilling their job responsibilities. Discretion and thoroughness are required to protect clients’ best interests. So it’s no wonder that many in the legal field are hesitant to adopt new, untested technologies. Even with potential benefits on the horizon, the risk of using tools that haven't been fully vetted can be enough to slow down innovation. Read more here.
Michele Coleman Mayes, senior vice president and general counsel for The Allstate Corporation, focuses on best practices in compliance and ethics. Mayes uses compliance and ethics as a business strategy — selling Allstate's ethical corporate culture by being transparent, and earning the trust of constituents.
Learn about key developments and perspectives regarding class actions in Europe.
Your business uses social media to get out its message. That’s fine, right? Well, mostly, but there are a number of ways in which the use of social media can transgress the securities laws in the United States. Which ones? Come to this session to learn about when and how social media conflicts with securities laws, particularly Regulation FD, the safe harbor for forward-looking information under the Private Securities Litigation Reform Act, Regulation G, Rule 10b-5, when it might make sense to use social media in the annual meeting and proxy solicitation process and why more people in your business than ever before need to understand the concept of materiality.
While minority and female representation in the legal community has increased in recent years, the numbers are still lagging. But there are several key steps corporate counsel can take to retain, develop, and promote diversity among in-house counsel.
An excerpt of the playbook used by James Hardie Industries and PwC NewLaw for strategic transformation. Includes an organization chart showing a new structure along global practice lines with flexible resource pools; a roadmap for the year-long project, with overviews of sprints; schematics of the legal project management process and their approach to continuous improvement; a description of their Innovation Team structure; and a strategic blueprint featuring the vision, goals, pillars, statements of what success looks like and a schematic showing how goals are aligned to workstreams and initiatives.
More than ever before, corporate boards and their lawyers are squarely in the spot light. Transparency, independence, and informed decision-making are among important governance program features that many believe will help keep companies on track. Companies such as Alcan Inc, Avnet Inc, Bell Canada Enterprises, Cargill Incorporated, ChevronTexaco, Intel Corporation, Lyondell Chemical Company, and Praxair, Inc. share information on board structure and function, board-level practices related to broader governance initiatives, and describe the role of in-house lawyers in helping to develop these programs.
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