Legal Update
23 April 2013
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Mayer Brown JSM Legal Update
Last month, the Legislative Council Panel on Manpower reviewed and discussed a briefing paper submitted by the Labour and Welfare Bureau of the Labour Department. The paper proposes amendments to the Employment Ordinance which currently requires Labour Tribunal orders for re-instatement or re-engagement of an employee to be made with the consent of both parties.
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Mayer Brown Newsletter
Antitrust & Competition; State Aid; Trade & Customs; Financial Services & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Transport; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
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Legal Update
22 April 2013
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Mayer Brown JSM Legal Update
In a recent English Judgment concerning R (Prudential plc and another) v. Special Commissioner of Income Tax and another [2013] UKSC 1, the Supreme Court, by a five to two majority, held that Legal Advice Privilege (LAP) only applies to advice provided by qualified lawyers.
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Legal Update
22 April 2013
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Mayer Brown JSM Legal Update
On 6 February 2013, the Government of Vietnam issued Decree No. 15/2013/ND-CP guiding the implementation of the Construction Law dated 26 November 2003 (Decree 15). Decree 15 came into effect on 15 April 2013 and replaces Decree No. 209/2004/ND-CP dated 16 December 2004, and Decree No. 49/2008/ND-CP dated 18 April 2008. It also replaces a number of clauses in Decree No. 12/2009/ND-CP dated 12 February 2009. Provisions in Decree 15 on utilising information concerning the capabilities of organisations and individuals for contractor selection, however, will take effect on 1 September 2013.
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Legal Update
22 April 2013
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Mayer Brown JSM Legal Update
As part of a continued move toward greater transparency in China's merger control regime, the Chinese Ministry of Commerce (MOFCOM) published for public comment on 27 March 2013 draft Regulations on the Imposition of Restrictive Conditions on Concentrations of Business Operators (Draft Restrictive Conditions Regulations). The consultation closes on 26 April. The new draft rules are comprehensive in scope and largely in line with mainstream international practice – notably in the EU.
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Legal Update
19 April 2013
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Mayer Brown JSM Legal Update
The courts have recently handed down two separate tax decisions, both highlighting the need for vigilance from the taxpayer when managing its tax affairs.
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Legal Update
19 April 2013
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Mayer Brown Legal Update
On April 16, 2013, in Morning Mist Holdings Ltd. v. Krys (In re Fairfield Sentry Ltd.),1 the US Court of Appeals for the Second Circuit issued an important decision informing fundamental concepts of cross-border insolvency law as implemented pursuant to Chapter 15 of the Bankruptcy Code.
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Mayer Brown Newsletter
Antitrust & State Aid; Trade & Customs; Internal Market & General; Financial Services & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Energy; Environment; Health & Consumer Protection; Telecoms & Medias; Transport; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
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Legal Update
18 April 2013
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Mayer Brown Legal Update
In Kiobel v. Royal Dutch Petroleum, No. 10-1491, the US Supreme Court has ruled that the Alien Tort Statute (ATS) does not apply extraterritorially in cases alleging violations of international law occurring within the territory of sovereigns outside the United States.
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Mayer Brown Newsletter
Antitrust & Competition; State Aid; Trade & Customs; Internal Market & General; Financial Services & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Environment; Health & Consumer Protection; Telecoms & Media; Euro & Economy; External Relations & Accession
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Mayer Brown Legal Update
In recent weeks two companies have been issued with large fines for breaches of the Model Code. We have put together some top tips to help companies and directors comply with their obligations in this area.
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Mayer Brown Legal Update
Welcome to the latest edition of the Mayer Brown Mining Update which focuses on some of the key legal issues and developments that have been affecting the Mining sector over recent months.
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Bloomberg BNA
In a bylined article, Tax partners Charles Triplett, Lewis Greenwald and Jason Osborn and director of transfer pricing and valuation services Elena Khripounova (all Washington, DC) discuss why financial institutions should consider advance pricing agreements.
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Legal Update
17 April 2013
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Mayer Brown Legal Update
In the wake of several widely reported LIBOR and other benchmark rate manipulation scandals, reflected in headline-grabbing stories of litigation and official inquiries and investigations, 1 followed in some cases by eye-popping related settlements, 2 policymakers have responded with varied attempts at benchmark rate reforms, which as of early April 2013 remain a work-in-process.
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Mayer Brown Newsletter
Antitrust & Competition; State Aid; Trade & Customs; Internal Market & General; Financial Services & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Environment; Health & Consumer Protection; Telecoms & Medias; Transport; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations & Accession
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Mayer Brown JSM Newsletter
Calculation and Payment of Economic Compensation
- Under what circumstances am I not obliged to pay economic compensation when terminating an employee's employment?
- Under what circumstances am I obliged to pay economic compensation when terminating an employee's employment?
- What will be the legal consequences if I wrongfully terminate an employee?
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Legal Update
17 April 2013
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Mayer Brown JSM Legal Update
The draft Interim Regulations on Standards for Simple Cases of Concentrations of Business Operators (Draft Simple Cases Regulations) was published for comment on the website of the Ministry of Commerce (MOFCOM) on 3 April 2013. The deadline for submitting comments on the Draft Simple Cases Regulations is 2 May 2013.
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(Calculation of Damages in Case of Violation of an Equity Guarantee in Corporate Acquisitions)
BB 2013, 937 et seq.
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Mayer Brown Newsletter
Antitrust & Competition; State Aid; Trade & Customs; Internal Market & General; Financial Services & Taxation; Industry, Enterprises, Research; Environment; Health & Consumer Protection; Transport; Euro & Economy; Future of Europe; External Relations & Accession
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Legal Update
16 April 2013
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Mayer Brown Legal Update
The US Internal Revenue Service has issued Notice 2013-29, which provides guidance on the “beginning of construction” requirement to qualify for the Section 45 production tax credit, as well as the election to claim the Section 48 investment tax credit.
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Legal Update
15 April 2013
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Mayer Brown Legal Update
The US Federal Communications Commission (FCC or Commission) recently released an Order, Further Notice of Rulemaking (Further Notice) and Notice of Inquiry (NOI) on radio frequency (RF) exposure limits and policies.
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孖士打律师行亚洲银行及金融业务组规模庞大、倍受赞誉，多年以来一直向金融产业的客户提供法律服务。我们就涉及资产及项目融资、银行贷款、结构性融资以及衍生品的创新性国际、跨境及境内交易提供法律意见。
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Legal Update
15 April 2013
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Mayer Brown JSM Legal Update
In its resolution for action to be taken in 2013 ("Resolution"), the Vietnamese government has initiated, among other things, solutions to reduce difficulties faced by the real estate sector. These solutions include incentives relating to taxes, payment of land rental and land use fees, financial support, project approvals and residential housing ownership for foreigners.
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Mayer Brown Newsletter
Antitrust & Competition; State Aid; Trade & Customs; Internal Market & General; Financial Services & Taxation; Industry, Enterprises, Research; Agriculture & Fisheries; Environment; Health & Consumer Protection; Transport; Justice & Home Affairs; Euro & Economy; Future of Europe; External Relations
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