|
|
Mayer Brown JSM Newsletter
Wages, Overtime and Compensation (Cont'd)
- What additional entitlements does a female employee have to maternity leave for childbearing at a later age?
- How do you calculate the employee's salary during maternity leave and late maternity leave?
- If a female employee gives birth to a second child and has violated the PRC's family planning policy, is she still entitled to maternity leave and late maternity leave?
- Must I pay overtime pay to my employee if I ask him/her to work more than 8 hours per day and 40 hours per week?
|
Legal Update
June 18, 2013
|
Mayer Brown Legal Update
An agreement proposal of the conciliation committee (Vermittlungsausschuss), adopted on June 5, 2013, for the Law Implementing the Administrative Cooperation Directive and to Change Tax Provisions (Administrative Cooperation Directive Implementation Act – “AmtshilfeRLUmsG”) received the consent of the German Federal Parliament (Bundestag) on June 6, 2013 and of the German Federal Council (Bundesrat) on June 7, 2013.
|
Legal Update
14 June 2013
|
Mayer Brown Legal Update
Mexico recently enacted a constitutional reform of its telecommunications and broadcasting industries aimed at increasing competition and investment. The reform is a result of the Pact for Mexico (Pacto por Mexico), by which the current administration and the major political parties pledged to pass structural reforms in such sectors as telecommunications, financial, energy, education and tax.
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Transport; Telecoms & Medias; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
|
Legal Update
13. Juni 2013
|
Mayer Brown Legal Update
Der Bundesrat hat in seiner Sitzung am 7. Juni 2013 für das Gesetz zur Umsetzung der Richtlinie 2011/61/ EU über die Verwalter alternativer Investmentfonds (AIFM-Umsetzungsgesetz – AIFM-UmsG) keinen Antrag auf Einberufung des Vermittlungsausschusses gestellt und somit das Kapitalanlagegesetzbuch (KAGB) gebilligt (BR-Drucksache 375/13).
|
|
|
Mayer Brown successfully obtained a remand, and negotiated a reduced sentence, for a pro bono client whose trial counsel had failed to move to suppress evidence. Instead of a sentence of natural life without the possibility of parole, our client received 144 months.
|
|
|
Mayer Brown Newsletter
Competition; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Transport; Telecoms & Medias; Justice & Home Affairs; Euro & Economy; External Relations & Accession
|
Legal Update
12 June 2013
|
Mayer Brown Legal Update
The Supreme Court's decision in the case of Petrodel v Prest, handed down today, marks a crucial shift in the extent to which the courts will allow the "piercing of the corporate veil". Although the case revolved around a matrimonial dispute, it has profound implications for corporate governance.
|
Legal Update
12 June 2013
|
Mayer Brown Legal Update
Grants of equity awards are an important component of employee compensation in the United Kingdom—just as they are in the United States. The United Kingdom provides preferential tax treatment (for both employers and employees) for equity incentive plans that meet certain requirements (“approved share plans”).
|
Legal Update
11 June 2013
|
Mayer Brown JSM Legal Update
On 8 June 2013, the Beijing Municipal Human Resource and Social Security Bureau and the Beijing Municipal Statistics Bureau announced that the local average monthly wage for 2012 was CNY5,223, an increase of 11.8 percent on the 2011 average of CNY4,672.
Beijing's 2012 local average monthly wage is to be used as the new cap.
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Environment; Health & Consumer Protection; Transport; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Finance & Taxation; Industry, Enterprises, Research; Environment; Health & Consumer Protection; Transport; Euro & Economy; Future of Europe; External Relations & Accession
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Transport; Telecoms & Medias; Justice & Home Affairs; Euro & Economy; External Relations & Accession
|
|
|
Mayer Brown Newsletter
Competition; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Justice & Home Affairs; Euro & Economy; External Relations & Accession
|
|
|
Mayer Brown Legal Update
The Internal Revenue Service has released three separate pieces of audit guidance that challenge the right of corporate taxpayers to claim dividend received deductions in various transactions. The guidance seems directed at preventing the 7 percent effective corporate tax rate that results from the deductions in Section 243(c)(1) of the Internal Revenue Code of 1986, as amended.
|
|
|
Mayer Brown Legal Update
On Tuesday, June 4, the US District Court for the District of Minnesota issued its order in Wells Fargo & Co. v. United States, consolidated summons enforcement actions in which the taxpayer claimed that its tax accrual workpapers (TAWs) were privileged and therefore shielded from IRS discovery.
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Energy; Environment; Health & Consumer Protection; Telecoms & Medias; Justice & Home Affairs; Euro & Economy; External Relations & Accession
|
|
|
Mayer Brown JSM Newsletter
Wages, Overtime and Compensation (Cont'd)
- Can I unilaterally terminate the employment of the employee after the medical treatment period?
- How can I reduce the risk of an employee abusing sick leave entitlement?
- How many days of maternity leave is a female employee entitled to in China?
|
|
|
Mayer Brown Legal Update
The Division of Corporation Finance of the Securities and Exchange Commission (the “SEC”) has provided guidance in the form of frequently asked questions with respect to two recent SEC rules: disclosure requirements for conflict minerals originating in the Democratic Republic of Congo or an adjoining country and disclosure requirements for certain payments to governments by resource extraction issuers with respect to the commercial development of oil, natural gas or minerals.
|
|
|
Mayer Brown Legal Update
In this issue, we discuss insurance regulatory developments in certain key jurisdictions around the world.
|
|
|
Mayer Brown Newsletter
Competition; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Reserach; Energy; Environment; Health & Consumer Protection; Transport; Telecoms & Medias; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Finance & Taxation; Industry, Enterprises, Research; Energy; Environment; Health & Consumer Protection; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
|
|
|
Mayer Brown JSM Legal Update
In Vietnam, oil and gas exploration and production operations are carried out on the basis of a production sharing contract (PSC) to be entered into with Vietnam National Oil and Gas Group (PVN). The model PSC was first introduced by the government in its Decree 139 dated 11 November 2005 ("Old Model PSC"). Almost eight years later, the government issued a revised model PSC in Decree 33 dated 22 April 2013 ("New Model PSC").
The New Model PSC becomes effective on 8 June 2013 and applies to all PSCs signed after that date, except for blocks for which the Prime Minister has approved basic technical and commercial terms. Below is a summary of the most notable changes contained in the New Model PSC.
|
|
|
Mayer Brown Newsletter
Competition; State Aid; Trade & Customs; Internal Market & General; Financial & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Environment; Health & Consumer Protection; Telecoms & Medias; Transport; Justice & Home Affairs; Euro & Economy; External Relations & Accession
|
|
|
UK Employment Law - The View from Mayer Brown
Nick Robertson takes a look at three recent cases regarding a High Court decision on the enforceability of a 12 month restrictive covenant in the insurance sector, an EAT case dealing with damages for a technical breach of the TUPE consultation provisions and a case involving a breakdown in relationships between employees where one party to the dispute has to be relocated.
|