Legal Update
18 March 2013
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Mayer Brown JSM Legal Update
过去几年，有意在法国购买葡萄园的海外爱酒投资者的人数显著增加。本文试就五个议题进行扼要阐释，供准买家在购买之前考虑。
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Legal Update
13 March 2013
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Mayer Brown JSM Legal Update
In the last few years there has been a marked increase in the number of wine-loving overseas investors seeking to purchase vineyards in France. This article serves as a primer on five issues that a would-be buyer should consider at the outset of such an acquisition.
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Legal Update
19 November 2012
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Mayer Brown JSM Legal Update
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Legal Update
9 November 2012
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Mayer Brown JSM Legal Update
On 2nd November 2012, President Thein Sein signed into law the long-awaited new Foreign Investment Law.
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A Global Hospitality & Leisure Team...At your service
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Mayer Brown Newsletter
In the February 2012 edition of Mayer Brown's Hospitality & Leisure Newsletter you will find a selection of topical issues which have relevance to the hotel industry from our offices in the Americas, Asia and Europe.
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Newsletter
21 September 2011
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Mayer Brown JSM Newsletter
The French National Assembly have recently adopted a finance bill which includes a new 2% tax on hotel stays where rates exceed EUR 200 per night. This new tax will be declared, collected and controlled under the same procedure as VAT, and once ratified will be due as from 1 November 2011.
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Newsletter
21 September 2011
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Mayer Brown JSM Newsletter
Condo-hotels have a chequered global history. This has left leading international hotel and serviced apartments operators reluctant to lend their brands to such projects. The absence of internationally branded strata-sold hotels and apartment developments is particularly striking in China where the legal and regulatory framework, or lack of it, poses a number of issues.
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Newsletter
21 September 2011
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Mayer Brown JSM Newsletter
The German hotel market remains vibrant. In particular, a great number of previously unknown brands are seeking market entry throughout Germany. Most of these new brands are being introduced in the budget segment which in the past has been dominated by private, non-branded hotels. New brands are, however, to a certain degree also emerging in the still crisis-ridden luxury segment as well as in the apartment hotel segment.
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A Global Hospitality & Leisure Team...At your service
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Foreign investments may be subject to unfair or illegal measures taken by the host state. This may happen in a variety of situations. For example, states may expropriate a foreign investment or treat it unfairly. They may also deny justice to investors before national agencies or national courts and renege on promises of tax exemptions or implement discriminatory schemes. States may also issue legislation or regulations that affect a foreign investor’s legitimate expectations when the latter decided to invest.
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One year after the implementation of the fifth–star rating system in France, French authorities have acknowledged that amongst those 5-star hotels (65 to date), certain are outstanding, due to their exceptional location, their historical interest or their “tailor made” services and deserve to be treated as such. The regulation of 8 November 2010 creates a “distinction Palace” allowing those exceptional hotels to be better positioned in the context of a competitive international offer.
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The purpose of the French thin capitalisation rules is to fight against the undercapitalisation of French companies. The rules accomplish this by disallowing the interest-expense tax deduction if the level of debt is considered too high under certain tests (debt/equity ratio of 1.5/1, interest cover ratio, etc.).
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For a new piece of legislation that was written in modern English and takes up comparatively few column inches, the Bribery Act 2010 (the “Act”) has created a furor, especially in relation to its new corporate offence and extraterritorial scope. Indeed, the Act has been branded as one of the toughest pieces of anti-bribery legislation in the world, leading many business groups to complain that UK trade overseas will be seriously disadvantaged. This article takes a closer look at the new corporate offence, the Act’s extraterritorial scope and what the Act means for business in the wider context.
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Legal Update
26 October 2010
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Mayer Brown JSM Legal Update
The unification of China's tax system for foreign invested enterprises, foreign enterprises and domestic enterprises has gone a step further. Commencing from 1 December 2010, foreign enterprises, foreign invested enterprises and foreign individuals will begin to pay city construction tax and education surcharge.
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Legal Update
19 October 2010
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Mayer Brown JSM Legal Update
The Hong Kong Privacy Commissioner's Office (PCO) published the Octopus investigation report yesterday (18 October 2010). Whilst the PCO's findings on Octopus are based on the facts of that case, its recommendations impact all data users.
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In a recent decision, the Court was invited to give directions on a number of issues in dispute between the insureds and their insurers, with respect to the interpretation of terms concerning business interruption losses under two Composite Mercantile Policies. The Court's directions were sought in the expectation that they would assist the parties' settlement of claims without further recourse to the Court...
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Legal Update
4 October 2010
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Mayer Brown JSM Legal Update
The government proposes to amend consumer legislation in Hong Kong to increase regulation and provide additional rights to consumers. This has a wide potential effect. This legal update considers the likely effect on time-share schemes and long-term holiday products.
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Brochure
27 September 2010
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Brochure
27 September 2010
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Article
16 September 2010
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Two recent English cases show how buyers of IT can sometimes escape from the exclusion clauses that their suppliers try and impose on them...
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Article
16 September 2010
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In the early 1990s in the aftermath of Germany's reunification, the hotel investment market witnessed the emergence of numerous new hotels, many of which were let to (global and local) chain operators. The statistics speak for themselves: Between 1985 to 1994, the number of branded hotels in Germany increased from 224 to 669.
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News Release
3 September 2010
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Mayer Brown JSM, a leading global law firm, is pleased to announce today that it has been re-appointed to the Jumeirah Group Global Law Firm Panel.
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Legal Update
3 March 2010
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Hotel Agreements often choose to have arbitration as the final dispute resolution mechanism due to the relative ease of enforcing arbitration awards overseas. However, often little thought is given to the drafting of arbitration clauses and existing templates are simply adopted. These templates (particularly those which are governed by English law or the laws of jurisdictions influenced by English Law such as Hong Kong) may need to be reconsidered in light of the decision in Shell Egypt West Manzala GmbH and Shell Egypt West Qantara GmbH v Dana Gas Egypt Limited (formerly Centurion Petroleum Corporation).
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