Global law firm Dentons is reportedly ending its association with Beijing Dacheng Law Offices. This notable split comes as a response to China’s newly implemented data privacy and cybersecurity regulations. Notably, this association previously brought thousands of lawyers under the Dentons banner, significantly expanding its global reach and areas of practice. The shake-up in this…
In a recent development, Hong Kong-based furniture manufacturer Man Wah Holdings Ltd. has been permanently prohibited from selling a cup-holder design by a federal magistrate judge, marking the conclusion of an intellectual property dispute. The jury found that the design in question infringed on a patent held by a yet unidentified company from Wisconsin, USA….
The landscape of international law is continually adapting, such as the recent shift towards a paperless listing regime in the Stock Exchange of Hong Kong Limited (“the Stock Exchange”). This development has been met with enthusiasm for its push to introduce modern efficiency in response to the growing need for sustainable practices across multiple industries,…
In a significant development that could potentially impact 5G adoption and related IP policies, a Dallas-based intellectual property firm has lodged a lawsuit against Apple Inc. in a California federal court. The claims made by this company are two-fold: first, that Apple is infringing upon patents essential to the implementation of the 5G standard, and…
In a landmark scenario that could set precedent for future environmental legal cases, California witnessed the first appellate case in the country regarding the matter of the state versus the federal environmental regulation. A ruling by the Ninth Circuit Court of Appeals on Monday requires San Francisco city and county to adhere to limits set…
In the realm of international trade, the role of customs brokers is essential, and maintaining their competency through formal accreditation has been historically significant. Recently, changes to U.S. Customs & Border Protection (CBP) regulations have made this even more critical. The CBP published the Final Rule on continuing education for individual customs broker license holders…
Adding to its international footprint, the Japanese law firm TNY Group is preparing to inaugurate its first office in India. This comes following India’s decision half a year prior to liberalize its domestic legal market. The recent establishment of the TNY Group came in 2021, under the co-guidance of managing partners Yuji Tsutsumi and Takahisa…
The Committee on Foreign Investment in the United States (CFIUS) has recently published its Annual Report for calendar year 2022. Key points have emerged from the report, offering an intriguing insight into the workings of the Committee. The report suggests a significantly challenging, yet manageable, CFIUS process. A standout trend is the marked increase in…
Sidley Austin LLP, a preeminent international law firm, has recently shared that the outgoing chief of the U.S. Department of Justice’s Criminal Division will be joining their ranks. The yet-unnamed official is scheduled to start in October, assuming a leadership role in the firm’s white collar defense and investigations practice. This move is of significant…
In a noteworthy decision from earlier this year, the Eleventh Circuit Court of Appeals has opted to align itself with the Second, Third, Fifth, Sixth, Seventh, Ninth, Tenth, and D.C. circuits. The case in question is the much-watched en banc decision of Corporacion AIC, SA v. Hidroelectrica Santa Rita S.A. In this case, the Eleventh…
In the latest episode of the “ILN-telligence” podcast, Daniel García Piñeros, managing partner of Gamboa, García & Cardona Abogados, took the opportunity to discuss some of the most pressing legal issues of today with host Lindsay. This episode, released by the International Lawyers Network, centres on the evolving world of compliance, both for law firms…
In a significant development since Brexit took place, the Financial Services and Markets Act 2023 (the Act) was published on 7 July 2023. This milestone signals significant strides in the process to construct the UK’s ‘Smarter Regulatory Framework’ post-Brexit. This is a part of the broader undertaking to review and enhance the UK’s wholesale markets….
Alt Legal, the cloud-based trademark docketing software company, has announced their fourth and most recent acquisition to be the docketing business and customers of TM Cloud, a competing provider of trademark and intellectual property docketing software. This acquisition sees Alt Legal expanding its customer base even more both domestically throughout the United States and across…
The U.S. Department of Justice (DOJ) and the U.S. Environmental Protection Agency (EPA) have jointly announced the creation of a regional, cross-agency taskforce focused on environmental crimes in Puerto Rico and the U.S. Virgin Islands. This new task force signifies a growing trend of legal attention being levied on environmental regulation violations by businesses, a…
In a noteworthy case for online businesses, the English Commercial Court has put forth a decision that may cause businesses to reconsider reliance upon arbitration clauses in standard terms. The case of Payward Inc. v Chechetkin resulted in the English Court refusing to recognise a US arbitration award based on public policy grounds, thus allowing…
The UK pension landscape is set to experience several shifts and turns this week, as outlined in a recent publication from Allen & Overy Pensions team. With the demand for pension transparency ever-growing, legal professionals are expected to adapt rapidly to these alterations in regulatory requirements. These changes influence the pension strategy of large corporations…
In a continuous search for balance between privacy rights and corporate interests, international law has seen some major movements when dealing with the issue of data privacy. Two significant events recently caught the attention of the legal professionals and the corporations alike. The passing of Washington State’s My Health My Data Act (“MHMDA”) and the…
The Cayman Islands, as an international offshore financial center, have been under the global magnifying glass in the realm of financial regulation. Consideration of recent enforcement actions by local regulatory bodies can offer valuable insights into future expectations for financial services providers (FSPs) worldwide. As highlighted by Lucy Frew and Ian Mason, regulatory partners at…
As legal professionals working in global corporations and law firms, it’s crucial to stay updated on significant legislative developments. One such key development is the recent ratification of the U.K’s latest Financial Services and Markets Act (FSM Act) on June 29, 2023. As described by Shearman & Sterling LLP, this act is the result of…
Recent audit findings on the U.S. Customs and Border Protection’s (CBP) Centers of Excellence and Expertise (Centers) have been a cause for concern within the trade community. The audit, conducted by the Department of Homeland Security’s (DHS) Office of Inspector General (OIG) in March 2022, revealed significant weaknesses in the Centers’ operational processes and internal…
On August 2-3, 2023, Assistant Secretary of the Treasury for Terrorist Financing and Financial Crimes, Elizabeth Rosenberg and Acting Director of the Financial Crimes Enforcement Network, Himamauli Das, convened with their counterparts from the Government of Mexico. The meeting took place at the Strategic Dialogue on Illicit Finance (SDIF) event in Mexico City. The SDIF…
The Guernsey Financial Services Commission (GFSC) has recently been granted permission to appeal in the case involving Domaille, Clarke & Hannis, further extending the unfolding legal drama. This case follows an appeal that was previously made against sanctions imposed on Domaille, Clarke & Hannis by a Senior Decision Maker (SDM) chosen by the GFSC. The…
In an open dialogue on Monday, Japan’s foreign minister expressed concerns over the nature of Iran’s uranium enrichment program in a meeting with his Iranian counterpart, according to an official press release issued by Japan’s Ministry of Foreign Affairs. The ministers candidly broached the topic of Iran’s “nuclear issue”, with Japan’s representative asserting the nation’s…
As the eyes of the world focus on the indictment of former President Donald Trump, uncertainty surrounds the timing, process, and potential outcome of the impending January 6 case. The trial, which is expected to last for about three months, will examine various conspiracies associated with Trump’s alleged attempts to hold onto power post the…
In a significant policy update, the Cayman Islands has issued a general license for the payment of legal fees. The Governor of the Cayman Islands introduced the license, known as GL/2023/0002, on the 14th of April, 2023. The main feature of this policy shift is its ability to allow Designated Persons to legally cover their…