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Documents on international law
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|Singapore Parliament Passes Amendments to Law Allowing Third-Party Litigation Funding|
Tham Wei Chern; Duane Morris & Selvam LLP;
March 10, 2017, previously published on January 12, 2017On 10 January 2017, Singapore’s Parliament passed the Civil Law (Amendment) Bill 2016, allowing third-party litigation funding.
|Yes We Can: The Door Opens in the Second Circuit to Discovery in Aid of International Commercial Arbitration|
Gilbert Alan Samberg; Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
February 24, 2017, previously published on January 24, 2017A Federal court in New York recently opened the door there for U.S.-style discovery of evidence in aid of foreign or international commercial arbitrations, in accordance with a unique American statute - 28 United States Code (“U.S.C.”) § 1782.
|Sudanese Sanctions Sailing into the Sunset|
Mary I. Edquist; McDonald Hopkins LLC;
February 15, 2017, previously published on January 17, 2017Effective today, January 17, 2017, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced the conditional lifting of 20 years of U.S. sanctions against Sudan.1 This action is occurring in connection with an Executive Order issued by President Barack Obama on...
|Get Ready for the Long Arm of EU Privacy Regulation|
Françoise Gilbert; Greenberg Traurig, LLP;
February 8, 2017, previously published on January 3, 2017In the world’s history of personal data protection, the adoption of the EU General Data Protection Regulation (GDPR) is likely to remain one of the most significant enactments of the past 20 years. The GDPR, which goes into effect May 25, 2018, attempts to define uniform rules for better...
|Argentina - Foreign Exchange Market: Reduction of the Minimum Stay for Portfolio Investments and Financial Indebtedness|
Mark A. Lopez; Greenberg Traurig, LLP;
February 1, 2017, previously published on January 17, 2017On January 5, 2017, the Argentine Ministry of Treasury (Ministerio de Hacienda) issued Resolution No. 1-E/2017 (the Resolution), reducing to zero the prior minimum stay of 120 calendar days during which proceeds received from (a) portfolio investments of non-residents, and (b) new financial...
|Shining Light into the Heart of Darkness: An Update on the Cuban Embargo|
Moses Luski; Shumaker, Loop & Kendrick, LLP;
January 18, 2017, previously published on December 2016Sixty years after the imposition of the Cuban Embargo, the orthodoxy and ideology that caused it to persist are no longer relevant from the standpoint of the affected parties. From Cuba’s point of view there is little chance that the United States will compromise the sovereignty of Cuba by...
|Singapore Court of Appeal Sets Out Test for Exercise of Discretion to Order Buy-out in Lieu of Winding-up|
Tham Wei Chern; Duane Morris & Selvam LLP;
January 12, 2017, previously published on December 23, 2016The Court of Appeal held that in deciding whether to exercise its discretion under section 254(2A) of the Companies Act, the correct approach is to determine first whether the test for ordering a winding up under section 254(1)(f) or s 254(1)(i) has been met.
|New International Workforce Law and New Horizons for Foreign Employment in Turkey|
Gaye Spolitis; Erdem Erdem Law Office;
December 29, 2016, previously published on December 29, 2016International Workforce Law No. 6735 (“ International Workforce Law” or “Law”) published in the Official Gazette (No. 29800) on 13 August 2016 entered into force as of the date opens new horizons for employment of foreigners in Turkey. Rightfully so, the purpose of the Law...
|Brexit: The Great Repeal Bill and the EU’s Chemicals, Emissions, and Medicines Regimes|
Aonghus Heatley, Cate Sharp; Greenberg Traurig Maher LLP;
November 25, 2016, previously published on November 22, 2016As discussed in our recent GT Alert, "Brexit: 100 Day Update", the UK Prime Minister Theresa May recently announced plans for a "Great Repeal Bill" for the repeal of the 1972 European Communities Act (ECA). Under the ECA, European Union (EU) law was established as part of the...
|New Anti-Corruption Law in France: Mandatory Compliance Program for Large Companies|
Lisa Navarro, Marie-José van der Heijden; Greenberg Traurig Maher LLP;
November 24, 2016, previously published on November 11, 2016On 8 November 2016, the French Parliament approved new anti-corruption legislation. Championed by the Minister of Finance Michel Sapin, the law that is commonly known as Sapin II will fundamentally change the compliance landscape for French companies. In particular, it will place a positive...