2010 Annual Meeting in Singapore
Hosted by Goodwins Law Corporation
The 2010 Annual Meeting hosted by Goodwins Law Corporation was opened by ILN Chairman Peter Altieri. Peter thanked See Kiat Toh, Kim Lan Ang, Pauline Ang and their partners for putting together a wonderful program at such short Notice. Peter also thanked Dej-Udom Krairit and his colleagues at Dej-Udom & Associates Ltd. for their help and understanding to move the Annual Meeting from Bangkok to Singapore due to the political unrest.
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2010 European Regional Meeting in Vienna
Hosted by Brauneis Klauser Prändl Rechtsanwälte GmbH
The 2010 European Regional Meeting hosted by Brauneis Klauser Prändl Rechtsanwälte GmbH, Vienna.
The ILN Administration would like to thank Andreas Bauer and his colleagues for making this event such a great success.
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2010 Regional Meeting of the Americas in Houston
Hosted by Beirne, Maynard & Parsons, LLP
The 2010 Regional Meeting of the Americas was hosted by Beirne, Maynard & Parsons, LLP, Houston.
The ILN Administration would like to thank Marty Beirne and all his colleagues for making this event such a wonderful meeting.
One of the most productive and enjoyable sessions was the Law Firm Management Panel featuring Steven Arthur from Harrison & Moberly in Indianapolis, Indiana, Doug Winthrop from Howard Rice in San Francisco, California, Gustavo Rodriguez-Ortega from Goldman Antonetti & Cordova in San Juan, Puerto Rico, Bill O’Neill from McDonald Hopkins in Cleveland, Ohio, and Anders Lundberg from Hellstrom in Stockholm, Sweden, moderated by Peter Altieri. The panel spoke about a number of issues from alternative fee arrangements to associate compensation.
For a complete recap of the session please go to Lindsay's blog: Law Firm Management Recap
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Russian Silicon Valley Skolkovo: legal base for investors
Lidings Law Firm, Moscow
by Ilya Goryachev & Andrey Zelenin
Russia shaped its innovation incentive into legal form by introducing the Law on the Innovation Center Skolkovo (FZ # 244 dated 28.09.2010) (the Law) and the Law on the Amendments in connection with the Law on the Innovation Center Skolkovo (FZ № 243 dated 28.09.2010) (the Law on amendments). The Skolkovo project is of particular interest for investors, as innovations play an important role in the successful business.
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Parent companies' obligation to rehabilitate industrial sites if their subsidiaries in France are insolvent: myth or reality?
Lefèvre Pelletier et Associés, Paris
by Grégory Gutierrez & Arnaud Molinier
During the Metaleurop case, Law 2003-699 of 30 July 2003, known as the "Bachelot Law", tried to resolve the problem of abandoned polluted sites, but the government authorities' inability to prevent company bankruptcies continued to feed the public sentiment that offenders were getting off scot-free. The Grenelle Environmental Forum (Grenelle de l’Environnement) marks an additional step towards "eco-liability" of parent companies and, through them, that of the group concerned. Indeed, the "Grenelle 2" Law 2010-788 of 12 July 2010 explicitly recognises, for the first time in French law, the possibility of transferring to parent companies the rehabilitation duty in relation to the pollution caused by the activities of their insolvent subsidiaries.
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Various aspects in transferring manufacturing rights to a foreign company in products funded by the Israeli Chief Scientist
Glusman Shem-Tov Chowers Broid & Co, Tel Aviv
by Rona Ginat
Israeli companies that hold in their possession knowledge and technology developed with the funding of the Israeli Chief Scientist often encounter difficulties manufacturing in Israel a product developed by them and often turn to foreign companies to transfer the manufacturing or the manufacturing rights to a foreign company. Sometimes, this cooperation also includes distribution and marketing services for the products.
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Australian Women in the Workplace
Gadens Lawyers, Sydney
by Meryl Remedios
Australia has recently introduced its first national government funded paid parental leave scheme. Under the Paid Parental
Leave Act 2010 (Cth), eligible primary caregivers will be entitled to up to 18 weeks of parental leave pay if they have or adopt a child on or after 1 January 2011. Primary carers who satisfy work, income and residency tests will be eligible to receive parental leave pay at the national minimum wage, which is currently $570 per week.
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Foreign Corrupt Practices Act (FCPA) Poses Risk for Middle Market Companies:
McDonald Hopkins Co., LPA, Cleveland
by Edmund W. Searby & BBP Partners' Forensic Accountant, George P. Farrag
This article explains why the Foreign Corrupt Practices Act (FCPA) poses a real risk to middle market companies that conduct business abroad and outlines cost effective measures to limit this risk.
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The Long and Winding Road - CIPO'S Ongoing Quest for Major Changes to the Trade-Marks Act
Clark Wilson LLP, Vancouver
by Neil P. Melliship
At a recent INTA Roundtable held in Vancouver, B.C. (the “Roundtable”), a representative from the Canadian Intellectual Property Office (“CIPO”) commented on a number of changes that CIPO has proposed to Canada’s Trade Marks Act (the “Act”). The Roundtable followed on a conference call that CIPO hosted in June of 2010 concerning ideas for the modernization of the Act. That conference call itself followed a Consultation and request for comments by CIPO in late 2009 to provide proposals relating to the proposed implementation in Canada of the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks (“Madrid Protocol”) and the Singapore Treaty on the Law of Trademarks (“Singapore Treaty”). Both INTA and the Intellectual Property Institute of Canada put forward submissions in March of 2010 in response to CIPO’s request for comments.
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New Québec Business Corporations Act
Robinson Sheppard Shapiro, Montreal
by Sharon G. Druker
On December 4th, 2009 the Québec National Assembly adopted the new Business Corporations Act (Bill 63 - the “QBCA”). As recently announced by the Québec government, it will come into force on February 14, 2011, and proposes a substantial reform of the legal regime applicable to entities currently governed by Parts I and IA of the Companies Act (Québec) (the “Old Act”)
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The Failure of Comprehensive Financial Industry Regulation
Harrison & Moberly, LLP Indianapolis
by David Williams Russell
At this writing, the United States is attempting to recover from a liquidity panic of a breadth and depth unprecedented in our financial history. Much of the financial chaos has resulted from some intrinsic difficulties in our financial system as to the accurate determination of the value of enterprises and, consequently, of interests therein, i.e. “securities.” Most of these intrinsic difficulties are of long standing, but the recent development of new securities instruments seemingly unmoored to underlying assessable values has exponentially compounded the traditional difficulties.
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A High Level Overview of the Dodd-Frank Act and Its Impact on the American Financial System
McGlinchey Stafford PLLC, New Orleans
by Lauren E. Campisi, Robert D. Sheesley and Robert W. Savoie
On July 21, 2010, the United States Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law No. 111-203, the latest effort to reign in perceived abuses that led to the recent financial crisis in the United States. This massive historic piece of legislation touches a wide range of businesses and business practices, and reconfigures the federal regulatory framework for financial services institutions. The Act expands the potential exposure of financial institutions, both by increasing potential penalties and by expanding the possibilities for liability. To limit exposure to increased liability under the Act, financial institutions should take care to understand the scope and impact of these new provisions and to become familiar with the regulatory bodies that will enforce them. This article provides a high level review of many of these changes, particularly with respect to the Act’s emphasis on consumer protection.
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Comparing the Czech and Slovak regulation of the time limit for tax assessment
PETERKA & PARTNERS v.o.s., Prague
by Hana Skalická
Comparing the Czech and Slovak regulation of the time limit for tax assessment: the Czech 3+0 rule versus the Slovak 5+1 rule. Will a dispute concerning the 5+1 and the 5+0 rules also arise in Slovakia (similarly to the Czech 3+0 versus 3+1 rules)?
Is the regulation of the time limit for tax assessment in Slovakia, which is applicable to international tax treaties, discriminatory?
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Impact on Companies of the PRC Tort Liability Law
Jade & Fountain, Shanghai
The PRC Tort Liability Law (the “Tort Law”) finally came into effect on 1st July 2010, following several years of debate. It is considered to have a significant role in developing the legal framework for the protection of civil rights in China and is designed to consolidate the existing rules and regulations.
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How to dodge financial pain when others file
Lommen Abdo, MinneapolisMargie Bodas and Deborah Swenson
by Margie Bodas and Deborah Swenson
THE ECONOMIC CRISIS of recent years has resulted in near-record bankruptcy filings. The impact upon your business when a customer or vendor files a petition for bankruptcy can be devastating.
You can alleviate the economic loss, however, by learning about the different types of bankruptcies, the effect of the automatic stay, 341 Meetings of Creditors and avoidance actions. Here’s what you need to know:
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