Japan's New Chemical Reporting Requirements
Reports Due in June 2011
On April 1, 2011, a new reporting
requirement for chemicals came into effect in Japan. This new requirement
originated in the 2009 amendment to Japan's chemical...
By Fabian D'Aiello
Regulations in emerging markets, particularly in Argentina, pose an ever-changing and difficult-to-assess scenario that can complicate investment decisions. In recent years, added to changes in regulations restricting certain...
By Luis Roquette Geraldes
Angola has enacted a new law on private investment that will substantially impact future foreign private investment. The principle of caveat emptor applies, and prospective foreign private investors should be well aware of...
By Walter Stuber
A new law for the Brazilian legal regime of debentures was established in June 2011, which introduced important changes to the Brazilian Corporation Law (BCL). 1 The law's aim is to improve and adapt the system to which debentures...
By Hans-Josef Vogel
Social media plug-ins, such as the Facebook "Like" button, have become ubiquitous on the internet. Their legal implications are yet not fully determined. Issues of both data protection law and fair trade matters are commonly...
UPDATE (11-18-2013): The update only affects the Province of Quebec. The conclusion that limitation is stopped by the filing of a lawsuit only if such a lawsuit is filed before a Quebec court was based on a 1988 Quebec Superior Court Judgment. This has...
By David S. Lorello
The UK Bribery Act 2010 ("the Bribery Act") came into force on 1 July 2011, and represents a comprehensive revision of United Kingdom's anti-bribery laws. The Act is the product of a long period of UK government deliberation...
Cette mise-a-jour n'affecte que la Province de Quebec. La conclusion que la prescription n'est interrompue que par le depot d'une demande en justice aupres d'une cour du Quebec etait basee sur une decision...
by Joseph Lookofsky
In light of the decision by the
Belgian Supreme Court in Scafom International v. Lorrain Tubes (2009), American
contract law practitioners need to be aware of the relationship between an
exemption from liability for non-performance...
by Brittany Prelogar, Laura Ardito and Jeanne
Kiobel v. Royal Dutch Petroleum
Co. is before the U.S. Supreme Court. At issue is whether corporations can be
held liable under the Alien Tort Statute which permits aliens to file suit in
Unlike other jurisdictions
where antitrust enforcement is centralized, in China three agencies enforce the
Chinese Anti-Monopoly Law ("AML"). The AML has been in effect since
August 2008 and continues to evolve as these three agencies adopt...
We often hear about how China's merger review "diverges" from other jurisdictions, most recently in reaction to conditional approvals of the Seagate/Samsung and Western Digital/Hitachi mergers. But China's MOFCOM is merely...
by Jeff Simser
Money laundering has generally
been defined as a process under which "dirty money" produced by
criminal activity is turned into "clean money" and moved into the
economy in places less likely to attract the attention...
by Hamud M. Balfas
On 22 November 2011, Indonesian
President Susilo Bambang Yudoyono finally signed the Financial Services
Authority bill ( Otoritas Jasa Keuangan , or the OJK), enacting Law No.
21/2011 (Law 21). Law 21 was enacted to...
Opening its markets, Colombia
has become an attractive alternative to foreign investors. Recent procedural
regulatory changes that will affect national and cross border transactions. The
country is busy promoting investment frameworks and revamping...
by Leonardo Rocha e Silva and Jose Alexandre Buaiz Neto
On 29 May 2012, the new
Brazilian Competition Act (Law No. 12529, enacted on 30 November 2011) (Act)
became effective, replacing the former law enacted in 1994. The new Act will...
by Carlos de Sousa e Brito
There is a major sea change
ahead for the registration of vessels, as some European legislation is being
prepared to convince ship owners to register their vessels in the European
Union (EU). Germany, for example...
by Richard A. Cevallos
When El Salvador's new Codigo
Procesal Civil y Mercantil (Civil and Commercial Procedure Code, or CCPC)
went into effect on July 1, 2010, it dramatically changed the rules of the
procedural game. These rules...
Last Spring, Canada decided to
follow the US and added an exception to its State Immunity Act, removing
jurisdictional immunity for states that support terrorism. The government
issued a list of foreign states that support terrorism. Iran and Syria...
Le printemps dernier, le Canada
a decide d'ajouter une nouvelle exception dans sa Loi sur l'Immunite des Etats
en privant de l'immunite juridictionnelle les etats qui supportent le
terrorisme. Le gouvernement etablit une liste d'etats...
by Arne Ots and Sander Kärson
The concept of the first demand
guarantee has been well accepted and recognized in Estonia. This contract
security has been a widely used and irreplaceable tool to secure the immediate
by Michael V. Pergamenshik
The introduction of narrower
timeframes, online notification of potential creditors, electronic bidding,
creditor substitution and a roughly sketched mechanism of cooperation in cross-border
bankruptcy proceedings in Ukraine's...
by Esteban Ropolo
For the last few years,
Argentina's government has been serially violating its commitments to a rules
based multilateral trading system under the World Trade Organization (WTO). The
recently introduced non-automatic...
by Gabriela Anton
The 2011 Romanian Civil Code
(Civil Code) institutionalized two new mechanisms that may function as security
instruments using transfer of title: the sale with an option to repurchase and
the retention of title. Under...
by Alicia Sánchez
On 1 August 2011, Spain amended
its companies law (Ley de Sociedades de Capital) to accord with European Union
law. EU Directives aim to strengthen shareholder's rights in listed companies
and to ensure cross border...