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Successful secondaries
Author: Lars Lindqvist
Firm: Cattegatt Capital
Subject: Private Equity
Details: Lars Lindqvist of Cattegatt Capital details the key considerations for buyers and sellers during secondaries transactions.
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A Practical Guide to Japanese Procedures
Author: Mark Deveno
Firm: Bingham McCutchen
Subject: Insolvency
Details: A Practical Guide to Japanese Insolvency Procedures
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Q+A with FB Attorneys
Author: Fayaz Bhojani
Firm: FB Attorneys
Subject: Corporate
Details: FB Attorneys provides answers to legal questions on a number of topics.
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Don't Let Your Outsourcing Contract Become a Door Stop
Author: Tim Wright
Firm: Pillsbury Winthrop Shaw Pittman LLP
Subject: Outsourcing
Details: Tim Wright at Pillsbury Winthrop Shaw Pittman LLP discusses the importance of outsourcing contracts and the perils of ignoring them.
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GM Insourcing - The Start of a Trend?
Author: Tim Wright
Firm: Pillsbury Winthrop Shaw Pittman LLP
Subject: Outsourcing
Details: Tim Wright at Pillsbury Winthrop Shaw Pittman LLP discusses if, after a twenty-plus year wave of outsourcing deals, it's time for the tide to turn the other way.
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Fast track procedure for the obtaining of permanent residence in Cyprus.
Author: Chris Yiangou
Firm: George Y. Yiangou & CO
Subject: Corporate
Details: The Ministry of Interior of the Republic of Cyprus has decided upon a fast track procedure for granting an Immigration Permit to applicants who are from third country nationals and intend to invest in the Republic of Cyprus.
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Townsend on selecting issues to appeal
Author: Roger D. Townsend & Jennifer R. Josephson
Firm: Alexander Dubose & Townsend, LLP
Subject: Appellate Briefing
Details: Roger Townsend co-authored a recent paper for the Defense Research Institute concerning how to make the hard choices about which issues to appeal and which to omit.
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Townsend on Oral Argument
Author: Roger D. Townsend
Firm: Alexander Dubose & Townsend, LLP
Subject: Appellate Oral Arguments
Details: Roger Townsend discusses the past and present, while predicting a possible future, for oral argument in appellate courts.
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Doing Business in the United Arab Emirates
Author: Abdul Munim Al Rubaie
Firm: Al Rubaie Chartered Accountants
Subject: Investment and Business
Details: Abdul Munim Al Rubaie, Managing Partner of Al Rubaie & Partners Chartered Accountants(ARCA), outlines the advantages of doing business in the UAE, including key investment and business opportunities.
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The Registrability of the Trademark Consisting of an Acronym
Author: John McKeown
Firm: Goldman Sloan Nash & Haber (GSNH) LLP
Subject: Trademarks
Details: John McKeown of Goldman Sloan Nash & Haber LLP discusses a recent English decision which found that a trademark consisting of three letters, which were an acronym for a descriptive term, was invalid.
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IP COMPASS
Author: Farah Namazie
Firm: Namazie & Co.
Subject: Intellectual Property
Details: An Innovation-Driven Singapore Through Designs
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The New IP & Online Landscape in China
Author: Ai-Leen Lim
Firm: AWA Asia Limited
Subject: Intellectual Property
Details: The past 12 months have brought several significant developments in the IP and online environment in China, many of which are gamechangers in the way IP portfolios are managed and business is conducted online and offline.
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Due Diligence Requirements for Investments in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Corporate Services
Details: It is important for investors to conduct due diligence on a target Nigerian company before investing in it whether by means of restructuring, mergers, acquisitions or takeovers. This is because the real state of the company may not be stated in the books of the target company or known to the investor until it takes full control of the company.
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New transparency requirements for the disclosure of beneficial owners of companies and associations Transparency Register
Author: Peter Memminger
Firm: Memminger LLP
Subject: Money Laundering
Details: Peter Memminger of Memminger LLP discusses the Transparency Register, which was created to increase the transparency of participations in companies in order to prevent money laundering and the financing of terrorism.
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Doing Business in Nigeria's Licensed Free Zones
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Corporate Services
Details: Nigerian Government have introduced several policies and plans to encourage both local and foreign manufacturers to take advantage of the huge Nigerian market while working towards developing their export markets. One of such policies is the Investment Incentives in Nigeria's Free Zones ("the Zone").
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Legal Framework for Transfer of Technology in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Corporate Services
Details: All contracts or agreements for the transfer of foreign technology entered into by any person in Nigeria must be registered with the National Office for Technology Acquisition and Promotion .
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Protecting Borrowers under a Loan and Collateral Agreement in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Loan And Collateral Agreements in Nigeria
Details: In order to execute large projects or for businesses to expand, there is usually a need to apply for loan facility from Banks ("the Bank"). Though, Banks are likely to grant loan to Borrowers if they have the requisite collateral, often times Borrowers end up in trouble with the Banks.
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Procedure for Obtaining Banking Licence and Prospects in Banking Business in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Banking Business in Nigeria
Details: Banks in Nigeria may be authorized to carry on banking business on a regional and national basis in accordance with rules, regulations and guidelines on licensing, authorization, operation and conduct of business that the Central Bank of Nigeria may issue from time to time
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An Appraisal of Business Potentials and Legal Framework in Nigeria’s Solid minerals Sector
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Solid Minerals and Mining
Details: Nigeria is richly endowed with a variety of solid minerals of various categories varying from precious metals to stones and also industrial minerals. Much of these minerals are yet to be exploited
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Legal Issues arising from a Technical Expatriate’s Business in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Immigration
Details: The technical knowhow of expatriates are also needed in other budding sectors of the Nigerian economy. For expatriates to carry on their businesses in Nigeria some legal issues arises and same must be effectively dealt with to ensure smooth running of their businesses.
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Protecting Foreign Investments in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Foreign Investments in Nigeria
Details: Under Section 6 (6) of the 1999 Nigerian Constitution, Nigerian legislations and powers of the courts extend to all matters between persons or between government and any person in Nigeria, and to all actions and proceedings for the determination of any question as to the civil rights and obligations of that person.
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Asset Protection in Liechtenstein
Author: Andrew Baker
Firm: Griffin Trust AG
Subject: Asset Protection
Details: This is the first of a series of Griffin Trust Guidance Notes to be posted on the Lawyer Network. It sets out the main featues of asset protection structures with a focus on the laws in Liechtenstein.
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LGIM votes against record number of companies in 2018
Author: Legal & General
Firm: Legal & General
Subject: Active Ownership
Details: Eighth Active Ownership annual report released highlights continued quality of engagement, with 52% of companies now based outside the UK. www.legalandgeneralgroup.com
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Holding a Board of Directors Meeting in Nigeria
Author: Emmanuel Ekpenyong Esq. MCIArb
Firm: Fred-young & Evans LP
Subject: Board of Directors Meetings
Details: Emmanuel Ekpenyong, Managing Partner of Fred-young & Evans LP, discusses the technicalities of holding a Board of Directors Meeting in Nigeria.
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Decoding the Global AI Advantage
Author: Deloitte
Firm: Deloitte
Subject: Artificial Intelligence
Details: Deloitte Global report assesses AI readiness and maturity across countries.
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CRU: How the 'Fair Value' of Coal Assets is Affected by Commodity Cycles
Author: CRU
Firm: CRU
Subject: Commodity Valuation
Details: As with any commodity, valuing coal assets can be tricky due to the cyclical nature of the market. In this insight, CRU discusses how commodity cycles have created 'winners' and 'losers' in the last few years of M&A activity in the coal sector.
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Food Safety Issues Carry Increasingly High Risks for Suppliers
Author: CoBank
Firm: CoBank
Subject: Food Safety Costs
Details: Managing safety risks are critical for food suppliers
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BGH Finds False Statements about Product Category Misleading
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Product Categories
Details: Consumers must not be misled regarding the essential characteristics of a product.
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BGH Rules on Protection of a Three-dimensional Trademark
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Trademarks
Details: Three-dimensional signs cannot be registered as a trademark if they consist of a shape that is necessary in order to obtain a technical result.
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CJEU – The Taste of a Food Product is not Eligible for Copyright Protection
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Copyright
Details: The taste of a food product is not eligible for copyright protection.
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OLG Frankfurt – Misleading Advertising by Carrying over Likes and Reviews
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Advertising
Details: Franchisees need to be careful. If they change their franchise partner, they cannot simply carry over the likes and stars they have accumulated to the new company.
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GRP Rainer Rechtsanwälte – Report on Authorized Dealer’s Entitlement to Compensation
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Compensation
Details: Under certain circumstances, an authorized dealer may be entitled to claim compensation after termination of the contract with the company if the latter continues to be able to use its business contacts.
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GRP Rainer Rechtsanwälte – Experience in Trade Mark Protection
Author: Michael Rainer
Firm: GRP Rainer LLP
Subject: Trademark Infringement
Details: Plagiarism and counterfeit products cause immense economic damage within the European Union. This makes it all the more important for businesses to take consistent measures to protect their trade marks.
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An Analysis of the Challenges and Prospects in Real Estate Development in Nigeria
Author: Emmanuel Ekpenyong Esq. FCIArb
Firm: Fred-young & Evans LP
Subject: Real Estate
Details: As a developing country, Nigeria's real estate sector ("the sector") is evolving at a tremendous pace. Governments at all levels are more aware of the role of real estate development in the growth of their respective territories. Nigeria's budding sectors such as telecommunications, agriculture, power, tourism have provided a veritable platform for the sector to thrive. Private-Public Partnership on real estate development is on the increase.
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Alterations to Civil Code by Law no. 13.792/2019
Author: Gustavo Stüssi Neves
Firm: Stüssi-Neves Advogados
Subject: Civil Code
Details: The recent Law no. 13.792/2019 amended provisions of the Civil Code regulating limitadas, with a view to making relations between partners more flexible and the procedure for removing an administrator and excluding a partner less complex.
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U.S. INTERNATIONAL TAX REFORM: GILTI, BEAT & FDII
Author: Ruben Flores
Firm: The Flores Group
Subject: Tax
Details: The 2017 tax reform made fundamental changes to the U.S. tax system, specially significant changes were made to the international provisions. The changes provide important benefits to some and detriments to others, “the carrot and stick strategy”
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Tax Obligations of US Taxpayers Residing Outside of the US
Author: Ruben Flores
Firm: The Flores Group
Subject: Tax
Details: It is estimated that over 10 million Americans are living abroad – that includes persons born in the US or born of US parents. Many of these individuals have dual citizenship or nationality in other countries and are unaware of their US tax obligations. The US tax laws require that US citizens or lawful permanent residents report and pay taxes on their worldwide income...
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Doing Business in the US
Author: Ruben Flores
Firm: The Flores Group
Subject: LEGAL & TAX REQUIREMENTS
Details: If you are considering starting or acquiring a business in the United States there are several legal, tax, business requirements that you should be aware of. This report explains the requirements and obligations.
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US Taxation of Foreign Investment in US Real Estate
Author: Ruben Flores
Firm: The Flores Group
Subject: Foreign Investment / Real Estate
Details: Investment in US real estate by foreign investors requires careful planning to avoid tax and legal surprises upon the sale or operation of the property. A good tax and legal plan can not only avoid these surprises but also protect the investment and improve the return on investment.
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U.S. TAX REFORM FOR INTERNATIONAL OPERATIONS
Author: Ruben Flores
Firm: The Flores Group
Subject: SUMMARY AND OVERVIEW
Details: Many taxpayers were surprised to learn of the complicated changes to their international operations when they filed their US tax returns this year. Despite the complexity there were some good surprises for those that were aware of the changes and able to plan and structure their foreign businesses and investments properly. In light of the benefits available and new limitations that may apply, we have summarized the most significant ones in this alert.
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CORPORATE VEIL MEMORANDUM
Author: Ruben Flores
Firm: The Flores Group
Subject: Piercing the Corporate Veil
Details: The general rules is that corporate form normally insulates shareholders, officers, and directors from liability for corporate obligations. However, when these individuals abuse the corporate privilege, courts will disregard the corporate fiction and hold them individually liable. Piercing the corporate veil is not itself a cause of action, but rather is only a remedy, a means of imposing liability on an underlying cause of action.
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MEXICAN TAX REFORM PROVISIONS AFFECTING INTERNATIONAL OPERATIONS
Author: Ruben Flores
Firm: The Flores Group
Subject: Tax Reform in Mexico
Details: The Mexican Congress has approved the Tax Reform Bill of 2020. It affects various provisions of the income tax, value added tax and the federal tax code. The purpose of the tax reform was to comply and align Mexican tax law with recommendations of the OECD. In this alert we focus on the provisions of the tax reform that affect international operations of Mexican companies and individuals.
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Whose Cattle Is It, Anyway? : Karnail Singh and Ors. v. State of Haryana
Author: Gagan Anand
Firm: Legacy Law Offices
Subject: Animal Rights Jurisprudence
Details: Gagan Anand Esq., Naman Anand and Rajiv Gandhi at Legacy Law Offices discuss new challenges for the domain of constitutional law in India, as animals now possess rights and duties.
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BUSINESS VISAS FOR FOREIGN BUSINESS OWNERS, PROFESSIONALS, & EXECUTIVES
Author: Ruben Flores
Firm: The Flores Group
Subject: Restrictions on non-essential travel
Details: The U.S. and Mexican governments recently announced restrictions on non-essential travel between the U.S. and Mexico. However, there are exceptions for travel related to business, education, or medical purposes. If a foreign person has a business or investment in the U.S. they should consider a business related visa to avoid restrictions and limitations on their U.S. visits which could be deemed by the government as non-essential.
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The Novel Coronavirus (COVID-19) Guidance Document ALGERIA
Author: Omar S.Bassiouny
Firm: Matouk Bassiouny
Subject: COVID-19 Outbreak and Preventive Measures
Details: Matouk Bassiouny’s legal guide to navigating the COVID-19 pandemic in Algeria.
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The Novel Coronavirus (COVID-19) Guidance Document SUDAN
Author: Omar S.Bassiouny
Firm: Matouk Bassiouny
Subject: COVID-19 Outbreak and Preventive Measures
Details: Matouk Bassiouny’s legal guide to navigating the COVID-19 pandemic in Sudan.
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The Novel Coronavirus (COVID-19) Guidance Document EGYPT
Author: Omar S.Bassiouny
Firm: Matouk Bassiouny
Subject: COVID-19 Outbreak and Preventive Measures
Details: Matouk Bassiouny’s legal guide to navigating the COVID-19 pandemic in Egypt.
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The Novel Coronavirus (COVID-19) Guidance Document UAE
Author: Omar S.Bassiouny
Firm: Matouk Bassiouny
Subject: COVID-19 Outbreak and Preventive Measures
Details: Matouk Bassiouny’s legal guide to navigating the COVID-19 pandemic in UAE.
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APPROVAL OF TURKEY-ARGENTINA DOUBLE TAX TREATY
Author: Dr. Burçin Gözlüklü
Firm: Centrum
Subject: International Tax Alert (English text)
Details: THE TREATY ON AVOIDING DOUBLE TAXATION OF INCOME TAXES AND TAX EVASION AND ITS ADDITIONAL PROTOCOL BETWEEN REPUBLIC OF TURKEY AND REPUBLIC OF ARGENTINA HAS BEEN APPROVED BY THE PRESIDENT OF TURKEY
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APPROVAL OF TURKEY-ARGENTINA DOUBLE TAX TREATY
Author: Dr. Burçin Gözlüklü
Firm: Centrum
Subject: International Tax Alert (Turkish text)
Details: TÜRKİYE CUMHURİYETİ İLE ARJANTİN CUMHURİYETİ ARASINDA GELİR ÜZERİNDEN ALINAN VERGİLERDE ÇİFTE VERGİLENDİRMEYİ ÖNLEME VE VERGİ KAÇAKÇILIĞINA ENGEL OLMA ANLAŞMASI İLE EK PROTOKOLÜ ONAYLANDI
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Infringement of Intellectual Property Rights in Vietnam and the Current Situation for Dealing therewith
Author: Le Quang Vinh
Firm: Bross & Partners
Subject: Intellectual Property
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Facilitating and extending the win-win loan in Flanders, Wallonia and Brussels
Author: Joost Peeters
Firm: STUDIO LEGALE
Subject: Income Tax
Details: Since 1 September 2006, private individuals residing in the Flemish Region have been able to benefit from a reduction in personal income tax by lending money to companies that can use financial support. Due to the coronavirus, the possibilities of the win-win loan have been eased and broadened.
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UNLAWFUL TERMS IN A B2B CONTRACT
Author: Joost Peeters
Firm: STUDIO LEGALE
Subject: Contracts
Details: Consumers have since long been protected from the "power" of companies. For example, there are various types of terms which are invalid in B2C contracts. The legislator found that the power in a B2B contract is by no means always equal. In some cases this relationship is even similar to that in a B2C contract. That is why the legislator decided to extend the protection to companies when concluding an agreement with other companies.
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Working from home is mandatory, don't forget the mandatory certificate/attestation for those who do work at the office!
Author: Joost Peeters
Firm: STUDIO LEGALE
Subject: Teleworking
Details: From today, 2nd of November 2020, it will be compulsory again to work from home (teleworking), unless you cannot do otherwise and your employer has a certificate.
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Tips on Taking Full Advantage of a Lawyer’s Letter in the Context of Covid-19
Author: Zheng Zhang
Firm: Luther Law Offices
Subject: Complex Disputes
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Impact of Force Majeure on Civil and Commercial Litigations and Arbitrations - Taking the COVID-19 Outbreak as an Example
Author: Zheng Zhang
Firm: Luther Law Offices
Subject: Complex Disputes
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Application of Force Majeure and Change of Circumstances Rules in the Context of COVID-19
Author: Yuhui Liao
Firm: Luther Law Offices
Subject: Corporate
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Application of Force Majeure and Change of Circumstances Rules in the Context of COVID-19
Author: Yuhui Liao
Firm: Luther Law Offices
Subject: Corporate
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China's Export Control Law: Major Proposed Updates of Export Control Rules
Author: Yuhui Liao
Firm: Luther Law Offices
Subject: International Trade and Distribution Law
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How to Prevent Labor Disputes when Liquidating a Company
Author: Anqi Qin
Firm: Luther Law Offices
Subject: Employment Law
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Data Protection Clauses in Labor Relations
Author: Anqi Qin
Firm: Luther Law Offices
Subject: Employment Law
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Tax Liquidation / Deregistration of Foreign Investor
Author: Qin
Firm: Luther Law Offices
Subject: Tax Law
Details:
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Freihandelshafen Hainan
Author: Qin
Firm: Luther Law Offices
Subject: Tax Law
Details:
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Relocating to Cyprus
Author: Nicky Xenofontos
Firm: N. Xenofontos LLC
Subject: Immigration
Details:
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Phishing: The New Burglary in 2021?
Author: Ruben Brosens
Firm: STUDIO | LEGALE Advocaten
Subject: Phishing
Details: 34,000,000 euros. That is the total amount that phishers were able to steal in the year 2020. What is phishing and how do these cybercriminals operate? Will I get my money back if I am scammed and how do I recognize fake emails? An overview.
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Belgium: Nuisances Compensation for Small Undertakings
Author: Ruben Brosens
Firm: STUDIO | LEGALE Advocaten
Subject: Small Undertakings
Details: Since the 6th State reform, the 3 Regions have become competent to compensate self-employed workers, who suffer from public works nuisances. That said, the previous federal rule has been repealed by the 3 Regions. Obviously, the conditions for granting as well as the amount of the compensation will rely on the undertaking’s geographical position.
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Author: Yanos Gramatidis
Firm: Bahas, Gramatidis & Partners
Subject:
Details:
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Author: Yanos Gramatidis
Firm: Bahas, Gramatidis & Partners
Subject:
Details:
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BUSINESS TAX QUICK GUIDE — Tax year 2021-2022
Author: Ruben Flores
Firm: The Flores Group
Subject:
Details:
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BUSINESS TAX QUICK GUIDE — Tax year 2021-2022
Author: Ruben Flores
Firm: The Flores Group
Subject:
Details:
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NFTs: New reality or just a Metaverse trend?
Author: Yanos Gramatidis
Firm: Bahas, Gramatidis & Partners
Subject: An introduction to the Non-Fungible Tokens and to the Legal Concerns arising from them
Details: This paper is an introduction to the Non-Fungible Tokens and to the Legal Concerns arising from them. In its pages, the authors focus on the controversial aspects of NFTs, emerging from the rapid increase in technological advancements, on the uncertainties they create as to the scope of their eventual value -investment wise- and on whether Intellectual Property Law should adapt or not to these developments.
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Yanos Gramatidis recognized by WWL as a Global Leader in Franchise
Author: Yanos Gramatidis
Firm: Bahas, Gramatidis & Partners
Subject: Franchise
Details: Yanos Gramatidis recognized by WWL as a Global Leader in Franchise We are proud to announce that Yanos Gramatidis, Partner of Bahas, Gramatidis & Partners, is recognized for the third consecutive year as a Global Leader in “WWL: Franchise 2022” International Guide, published by Law Business Research. WWL says “The ‘fantastic, responsive, and friendly’ Yanos Gramatidis has a reputation of producing great results for his clients in the franchising space”. For more information on Yanos Gramatidis’ recognition, visit Who’s Who Legal website here: https://whoswholegal.com/yanos-gramatidis More about Yanos Gramatidis at BGP’s website here: https://www.bahagram.com/attorneys/partners/yanos-gramatidis/ A few words about WWL Since 1996, WWL (Who’s Who Legal) annually identifies the foremost legal practitioners and consulting experts in business law. Based upon comprehensive, independent research, WWL identifies leading experts and firms of the year in each of its featured practice areas. WWL is published by Law Business Research, an independent London-based publishing group which provides research, analysis and reports on the international legal services marketplace.
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UNITED STATES TAX GUIDES FOR INVESTORS & BUSINESSPERSONS
Author: Ruben Flores
Firm: The Flores Group
Subject:
Details:
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PUBLICIDAD ENGAÑOSA
Author: Alfonso Venegas Medina
Firm: Venegas Medina & Asociados S.A.S
Subject: Consumer Law
Details:
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Most Used Legal Vehicles
Author: Alfonso Venegas Medina
Firm: Venegas Medina & Asociados S.A.S
Subject: Corporate
Details:
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HOLDING BOARD OF DIRECTORS MEETINGS THROUGH MESSAGING APPLICATIONS
Author: Alfonso Venegas Medina
Firm: Venegas Medina & Asociados S.A.S
Subject: Corporate
Details:
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Advantages SAS Companies
Author: Alfonso Venegas Medina
Firm: Venegas Medina & Asociados S.A.S
Subject: Corporate
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Branch Offices
Author: Alfonso Venegas Medina
Firm: Venegas Medina & Asociados S.A.S
Subject: Corporate
Details:
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Purchasing a Real Estate in Hungary
Author: Tamás Balázs
Firm: Balázs & Kovátsits Legal Partnership
Subject: Real Estate Guide - Hungary
Details: A summary of the procedures and expenses involved in purchasing a property in Hungary
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Hungary has introduced a new kind of residency permit for "guest investors"
Author: Tamás Dr. Balázs
Firm: Balázs & Kovátsits Legal Partnership
Subject: Business Immigration Law
Details: Act XC of 2023 on general regulations on the entry and residency of nationals of third countries, which introduced a new kind of residence permit, went into effect on January 1, 2024. As a "guest investor," a citizen of a third country may now permanently stay in Hungary provided they meet the requirements outlined in the Act and are granted an individual residence visa.
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Acquisition of real estate in Hungary by non-EU nationals
Author: Tamás Dr. Balázs
Firm: Balázs & Kovátsits Legal Partnership
Subject: Real Estate Guide - Hungary - non EU nationals
Details: Our article introduces the circumstances for foreign individuals who are natural persons of a state outside the European Union and legal entities registered outside the EU to purchase real estate in Hungary.
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