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HTMLCanada Ratifies World Bank’s Treaty on Investment Disputes
Barry Leon, John Siwiec; Perley-Robertson, Hill & McDougall LLP/s.r.l.;
Legal Alert/Article
January 6, 2014, previously published on December 30, 2013
On December 1, 2013, Canada became the 150th country to join the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (“ICSID Convention”). Canada’s ratification of the Convention will reduce the risks to Canadian companies investing...

 

HTMLDebate Concerning Renewal of African Growth and Opportunity Act Has Begun
Singleton B. McAllister, Evelyn M. Suarez; Williams Mullen;
Legal Alert/Article
December 18, 2013, previously published on December 17, 2013
Signed into law by President Clinton on May 18, 2000 and subsequently expanded, the African Growth and Opportunity Act (AGOA) is a unilateral system of trade preferences that allows thousands of types of goods produced in Sub-Saharan Africa to be imported duty-free to the United States.

 

HTMLAustralian Court Issues Freezing Order in Aid of Foreign Proceedings—What's Good for the Goose Will Be Good for the Gander
Steven W. Fleming, Tony Wassaf; Jones Day;
Legal Alert/Article
December 10, 2013, previously published on December 2013
A Swiss incorporated subsidiary of Severstal, a Russian steel manufacturer, and Bhushan, an Indian company, are in dispute about shipments of steel by Severstal from Russia to Bhushan's Indian plant. Proceedings in relation to this dispute have been determined in Switzerland and are also ongoing in...

 

HTMLSub-Saharan Africa's Performance in this Year's Corruption Perception Index
Matthew J. Cannon, D. Porpoise Evans, Alais L. M. Griffin, Benjamin B. Tymann; Greenberg Traurig, LLP;
Legal Alert/Article
December 9, 2013, previously published on December 5, 2013
The Corruption Perceptions Index (CPI), published annually by Transparency International, scores 177 countries and territories on their perceived level of public sector corruption using a scale from 0 (highly corrupt) to 100 (very clean). This highly-respected annual perception ranking draws its...

 

HTMLChina Unveils Preferred Share Pilot Program for Listed Companies and Non-Listed Public Companies
Brian D. Beglin, Jin Wang, Xiaowei Ye; Bingham McCutchen LLP;
Legal Alert/Article
December 9, 2013, previously published on December 6, 2013
On November 30, 2013 the State Council issued Guiding Opinions on Launching Pilot Program for Preferred Shares (the “Opinions”), which set forth 16 guidelines concerning the rights and obligations of preferred shareholders, the issuance and trading of preferred shares, and associated...

 

HTMLWorld Bank Report Concludes That Financial Sanctions Imposed By Prosecuting States Are Failing To Compensate Countries Whose Officials Have Been Bribed
Annie Clarke, Jamie Humphreys, James Maton, Antonio Suarez-Martinez; Edwards Wildman Palmer LLP;
Legal Alert/Article
December 5, 2013, previously published on December 3, 2013
The World Bank’s Stolen Asset Recovery Initiative (StAR) last week published a report, Left Out of the Bargain (http://star.worldbank.org/star/publication/left-out-bargain-settlements-foreign-bribery-cases-and-implications-asset-recovery), concluding that although significant out of court...

 

HTMLEuropean Commission Proposes New Ground Rules for US Safe Harbor
Susan L. Foster; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
December 2, 2013, previously published on November 28, 2013
(LONDON) The European Commission, which has the authority to make changes to the US Safe Harbor program, has published a paper titled “Rebuilding Trust in EU-US Data Flows” that sets out the changes that the Commission would like to see the US adopt. While it would be a bit premature to...

 

HTMLCanada Joins the International Centre for Settlement of Investment Disputes
Davis LLP;
Legal Alert/Article
November 28, 2013, previously published on November 27, 2013
On November 1, 2013 Canada ratified the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the “Convention”).

 

Adobe PDFCanada Ratifies International Arbitration Protocol
David Lederman, Neill May; Goodmans LLP - Toronto;
Legal Alert/Article
November 22, 2013, previously published on November 15, 2013
Canada will finally adopt the International Centre for Settlement of Investment Disputes (“ICSID”) convention as of December 1, 2013. The convention, which has been adopted by 150 other countries including most of Canada’s frequent trading partners, will have significant impact on...

 

HTMLCourt Fee Increased
Dentons Canada LLP;
Legal Alert/Article
November 19, 2013, previously published on November 8, 2013
On 23 October 2013 Law of Ukraine dated 19.09.2013 No. 590-VII “On Amending Certain Legislative Acts of Ukraine concerning Payment of Court Fee” entered into force.

 


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