Watson finding of no real surprise Arguably the highlight of the week for some people I spoke to, was the release of the High Court’s finding for the Commissioner, against Eric Watson’s Cullen Group challenge to IR’s assessment of NRWT. When Mr Watson decided to relocate to the UK in 2002, I expect his esteemed […]
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As discussed in our previous post, exclusion clauses are enforceable in general, no matter how wide they appear to the courts, provided that: The clause is not found to be unfair under the Consumer Protection Act 1999 (e.g. clause that excludes or restricts liability for negligence); The clause unambiguously shows that parties intended to limit […]
Drag along rights are pre-negotiated rights in a shareholders agreement and / or may also be contained within a company’s Articles of Association, giving majority shareholders important commercial flexibility. Drag along provisions are important to the company as a whole, as a tool enabling the majority shareholders to retain control of the company by forcing […]
Vietnam: New Requirements for Foreign-Invested Vocational Institutions
The government has issued Decree 15/2019/ND-CP (“Decree 15”) introducing new requirements for foreign investors in the vocational education sector. The new conditions include establishment size, investment capital, training curriculum, and opening representative offices (ROs) or branches. Decree 15 will be in effect from March 20, 2019. Amongst other factors, Decree 15 will affect the following: Establishment […]
Why the IR office dogs are an important part of the team….. Founded by Thomas Wheeler in 2010, IR Globals philosophy has always been based in Ethical business and providing an office environment where staff will not only work hard but will also feel comfortable. During the growth of the company inviting our loyal furry […]
LEGAL OPINION – Hague Visby Rules – Calculations of the remunerations for loss or damage to cargo
In the case of loss or damage to cargo, Hague-Visby Rules provide that the measure of damages is the value of the commodities in the place and time of discharge (unless they have a stock market value). Values are expressed in local currency, however, the liability of the (Greek) carrier is due in euro, the […]
Mediation and arbitration – introduction Mediation is where an independent facilitator assists the parties to reach a mutually acceptable solution to their dispute. A mediator will often assist the parties to identify the outstanding issues, evaluate priorities, agree areas of compromise and suggest potential solutions. Arbitration is where dispute is submitted, by agreement between the […]
Dear Readers: Since the election of President Trump, we have known that the Administration was hostile to one of President Obama’s signature policy achievements – the introduction of work authorization for H-4 spouses of backlogged green card applicants. After two years, the Administration sent a proposed rule rescinding the H-4 work card to the Office […]
Client Alert: NYC Employers: Time to Put a Lactation Room Policy in Place
To Our Clients and Friends: Effective March 18, 2019, New York City employers must comply with expanded requirements to provide lactation accommodations to their employees. The new laws require employers, by March 18, 2019, to (i) make a compliant lactation room available for employees upon request, and (ii) implement a written policy and procedure for […]
Many foreign businesses delocalize their production facilities in Vietnam and charge their foreign outposts for administrative, technical, financial, and commercial services. However, financial administration teams need to be aware that their transactions must comply with the arm’s length and substance-over-form principles. Before the government released Providing tax administration applicable to enterprises having controlled transactions (‘Decree 20’) in […]
Introduction On March 5, 2019, (the “Petition Date”), Diesel USA, Inc. (the “Debtor”) filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Debtor is represented by Arent Fox LLP as lead counsel and Young Conaway Stargatt & Taylor, LLP […]