Document(s) published by this organization: 14
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|New Practice Note on Sale of First-hand Residential Properties in Hong Kong|
Jessica T. I. Ip, Alan T. S. Yip; Mayer Brown LLP;
May 7, 2015, previously published on April 2015On 29 April 2015, the Sales of First-hand Residential Properties Authority (“SRPA”) issued a new practice note No.PN01/15 (“New Practice Note”) recommending that, from 1 June 2015 onwards, vendors of all first-hand residential developments should display in the sales offices...
|Digital Single Market Strategy Launched|
Kiran S. Desai, Manu Mohan; Mayer Brown LLP;
May 7, 2015, previously published on May 2015Today the European Commission issued a strategy paper on the Digital Single Market (“DSM”) that includes 16 initiatives to be completed by the end of 2016. It is the most radical industrial policy adopted by the EU since the original Single Market project nearly 25 years ago for the...
|Corporate Governance: Flattening the Curve - What Can the City and Its Advisers Do to Help Avoid Boom and Bust in the Future?|
Sean Connolly; Mayer Brown LLP;
May 7, 2015, previously published on February 10, 2015How businesses operate - strategically and ethically - has never been of greater importance to the City, or the UK as a whole. However, despite the financial crisis whirlwind, British companies still lead the world in effective governance structures.
|Supreme Court Guidance on the Meaning of “Establishment” in Council Regulation EC 1346/2000 on Insolvency Proceedings (“Insolvency Regulation”)|
Ashley Katz, Devi Shah, Alexandra Wood; Mayer Brown LLP;
May 7, 2015, previously published on April 2015The Supreme Court (unanimously dismissing the appeal in Trustees of Olympic Airlines SA Pension & Life Assurance Scheme v Olympic Airlines SA) has held that “economic activity” is central to the definition of “establishment” in the Insolvency Regulation1.
|12 Things You Should Know About CDM 2015|
Mayer Brown LLP;
May 7, 2015, previously published on April 7, 2015Yes. The role of CDM co-ordinator disappears, and on projects involving more than one “contractor” at any time, there is a “principal designer”, a “designer” with control over the “pre-construction phase”, appointed in writing by the client. (The...
|Competition Commission Clarifies Position on Collective Bargaining and Trade Associations|
Duncan A. W. Abate, Hong Tran; Mayer Brown JSM;
May 4, 2015, previously published on April 2, 2015The Hong Kong Competition Commission (the "Commission") published a set of revised draft guidelines ("Guidelines") to the Competition Ordinance (Cap. 619) (the "CO") on 30 March 2015. The revised Guidelines are a good indication of how the Commission intends to...
|Strategies for the Preservation and Production of Audio Recordings|
Robert E. Entwisle, Ethan A. Hastert, Kim A. Leffert; Mayer Brown LLP;
May 4, 2015, previously published on April 30, 2015A large financial institution that is a major participant in the swaps market instituted an audio data retention policy to conform with newly enacted regulatory requirements which required swaps dealers to keep a record, for one year, of all oral communications concerning quotes, solicitations,...
|Ninth Circuit: No-Rehire Clause in Settlement Agreements May Be Unlawful Restraint of Trade|
Andrea M. Weiss, Ruth Zadikany, Lori A. Zahalka; Mayer Brown LLP;
May 4, 2015, previously published on April 29, 2015Decision: In Golden v. California Emergency Physicians Medical Group, the Ninth Circuit Court of Appeals held that a no-rehire clause in a settlement agreement violated California’s broad prohibition on restrictive covenants (Business & Professions Code section 16600). In Golden, an...
|Proposed US Treasury Regulations Attempt to Distinguish “Active” Insurance Companies from Hedge Funds|
James R. Barry, Jason S. Bazar, George W. Craven, Mark H. Leeds; Mayer Brown LLP;
May 4, 2015, previously published on April 27, 2015Offshore insurance companies can provide substantial tax benefits to their owner-insureds through current deductions for the insurance premium and, if properly structured, deferral on reserve investments. In 2003, the Internal Revenue Service (the IRS) warned that it would scrutinize...
|Hong Kong Competition Law Series - Part 4: Cardinal Sin No. 2 - Output Limitation|
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
May 4, 2015, previously published on April 1, 2015Last week we looked at the Cardinal Sin of price fixing. This week we discuss Cardinal Sin No. 2 ¿ output limitation.