Knowledge Center
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Argentina
Alfaro Abogados
Alfaro Abogados' Project for the Global Impact–WLG Initiative 2024:
Commitment to Digital Inclusion through Fundación Equidad.
At Alfaro Abogados, we have chosen to engage with Fundación Equidad, a non-profit organization based in Buenos Aires, Argentina, that has been dedicated to reducing the digital devices for over 20 years....
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Argentina
Alfaro Abogados
The National Artificial Intelligence Program: Harnessing Technology for the Common Good in Argentina
Argentina has increased its focus on technology and innovation, highlighting AI as a key driver of development. The National Artificial Intelligence Program aims to integrate AI across various sectors to boost economic growth and social welfare.
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Costa Rica
Arias
The right of withdrawal in Costa Rica, regulated by Law 7472 and its regulations, are limited to door-to-door sales. It allows consumers to rescind contracts within eight business days of their completion without any liability. This provision, an exception to the principle of Pacta Sunt Servanda, protects Costa Rican consumers. Unlike Spain,...
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England
Gowling WLG
Corporate Responsibility Campaign
Champing Responsible Business and keeping 'good things' at the heart of everything they do, international law firm Gowling WLG has set up a giving initiative and fundraising platform, Gowling WLG Gives . Gives raises funds for charities and community groups through a series of engaging...
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Guatemala
Arias
It is common for the Guatemalan Social Security Institute to monitor employers' and affiliates' compliance with the payment of contributions to the social security system through workplace visits, regardless of their nature, and by reviewing accounting books, salaries, payrolls, payment receipts, and any other labor-related documents. This can...
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Argentina
Alfaro Abogados
Argentina has released a guide aimed at ensuring responsible AI implementation. Developed by the Agency for Access to Public Information (AAIP), this guide addresses the implications of automated decision-making systems and seeks to support both public and private entities in incorporating ethical standards into their AI projects.
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Thailand
Chandler MHM Limited
This year we have gone on two school trips to assist with their vegetable garden project, school renovation, and supply donation. The activities included establishing vegetable plots and mushroom silos to supplement the school lunch program, fence and playground renovation, and donation of school supplies and funds.
15 May – Wat Tanod Temple...
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Nicaragua
Arias
Róger Pérez and Douglas Vásquez, our lawyers in Nicaragua, experts in taxes and tax planning, share with us this article about the scope of Law 1040, which contains reforms and repeals to Law 822 "Tax Concertation Law" (hereinafter "LCT”).), and its impact on Non-Profit Organizations (hereinafter "NPOs”).
As of Law 1040...
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Honduras
Arias
The new Food and Beverage Health Control Regulation from ARSA, in effect since September 2, 2023, reinforces food safety with stricter standards on hygiene, ingredients, and labeling. It applies to everything from raw materials to processed foods, ensuring safety throughout the entire food chain. This regulation enhances public health and...
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Guatemala
Arias
This article highlights the importance of lawyers as strategic allies in business legal compliance and risk prevention, helping business owners avoid unforeseen risks and costs. It emphasizes the need for proactive legal advice in areas such as commercial, labor, regulatory, and corporate law to prevent issues that could impact operations.
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Honduras
Arias
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Netherlands
CMS Netherlands
In August 2024, the Dutch Consumer & Market Authority released a survey of webshops on adherence to the “Guidelines for Online Consumer Protection”. The study aimed to assess if webshops were complying with regulations to prevent online consumers from being misled. Key findings from the study are outlined below.
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USA - Georgia
Miller & Martin PLLC
Georgia, USA, boasts a pro-business government and a fast-growing economy. These factors present opportunities for new companies, especially in fintech, data processing, AI, and R&D, supported by a diverse workforce. Member firm Miller & Martin PLLC has recently expanded its offerings with a dedicated Resort & Hospitality practice, building on...
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Uganda
ENS
Uganda offers excellent opportunities for foreign direct investment due to its rich mineral resources, including gold, silver, and platinum. The country also has significant potential in renewable energy, especially solar, wind, and mini hydropower. Its thriving agricultural sector further strengthens its investment appeal. The Ugandan...
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Mauritius
ENS
Mauritius' economy is diversified. It is recognized as an established offshore financial center for investment on the African continent, with various international banks present in the country. Investment opportunities exist in agro-industry, blue economy, education, financial services, freeport and logistics, healthcare and pharmaceuticals,...
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Brazil
TozziniFreire Advogados
From August 26-30, TozziniFreire held the 6 th edition of its Inclusion Week, an internal initiative for learning and sharing
experiences across all the firm’s offices. The event engages its personnel and social
entrepreneurs from NGOs, seeking to raise awareness of the four priority themes
of its Inclusion program, also...
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Vietnam
VILAF
Vietnam's economy now shows signs of recovery following an economic downturn from 2020 to 2023. Manufacturing and real estate present the most opportunities for foreign investment in the country, with manufacturing accounting for 66.4% of the total registered foreign direct investment, driven by its crucial role in Vietnam’s export-oriented...
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Canada - Ontario
Goodmans LLP
The Canadian Securities Administrators (CSA) recently published CSA Staff Notice 93-302 Frequently Asked Questions About National Instrument 93-101 Derivatives: Business Conduct (FAQs), which clarifies how certain requirements under National Instrument 93-101 Derivatives: Business Conduct Rule (NI 93-101) should be implemented and responds to...
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Taiwan
Formosa Transnational
Taiwan is one of Asia's major exporters of technology goods, with semiconductors as the top area for opportunity, followed by healthcare, renewable energy, 5G, and telecommunications. The country boasts a high degree of economic freedom that is greatly recognized and appreciated internationally, making it a good destination for investments....
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Argentina
Alfaro Abogados
The Ministry of Security of Argentina has announced in the Official Gazette the creation of the Artificial Intelligence Unit for Security. This unit, operating within the Cybercrime and Cyber Affairs Division of the Cabinet Advisory Unit, is tasked with preventing, detecting, and investigating crimes using AI.
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Argentina
Alfaro Abogados
The Judiciary of Chaco, Argentina, has implemented a chatbot for the personalized assistance of registered lawyers, available 24/7 via WhatsApp, under Resolution 637/24. This tool aims to modernize access to judicial information and streamline processes, maintaining strict security and confidentiality protocols.
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Philippines
SyCip Salazar Hernandez & Gatmaitan
The Philippine Institute of Arbitrators, Inc. (PIArb) recently hosted a panel discussion focusing on the quantification of damages in international arbitration. The event took place at the SyCipLaw Center in Makati City, and attracted a diverse audience of lawyers, engineers, law students, and other professionals.
The esteemed panel...
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Thailand
Chandler MHM Limited
The Securities and Exchange Commission (the “SEC”) has recently approved amendments to the regulatory framework for ready-to-use utility tokens. These changes aim to better align regulations with the distinct characteristics, risks, and uses of each token type. The amendments are designed to ensure appropriate protection for users without...
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Thailand
Chandler MHM Limited
The Securities and Exchange Commission (the “SEC”) has updated the governance standards for digital asset business operators to establish robust corporate governance and operational oversight mechanisms that address the unique characteristics and risks associated with their business activities. Additionally, the SEC has revised the guidelines...
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Argentina
Alfaro Abogados
The Innovation Laboratory of Mendoza (Argentina) is participating in the Generative AI Pilot Program
The Supreme Court of Mendoza, through its Innovation Laboratory (JusMendoza.Lab), will be part of the Pilot Program for Strategic and Responsible Use of Generative AI in Argentine Justice, which brings together more than 20 judicial institutions in the country to evaluate the use of generative artificial intelligence tools such as ChatGPT and...
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Argentina
Alfaro Abogados
Argentina's National Tax Court (TFS) has launched an innovative AI-assisted search tool designed to transform legal research. This state-of-the-art platform leverages Natural Language Processing (NLP) and Machine Learning to deliver precise case law retrieval, even with varying query language and minor typographical errors.
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Brazil
TozziniFreire Advogados
The Brazil-Korea Conference, aimed at offering opportunities to entrepreneurs and professionals engaged with both countries, will hold its 12th edition in 2024 and discuss opportunities and challenges in the bilateral relations between Brazil and South Korea. The conference seeks to foster new relationships and business, establishing...
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Philippines
SyCip Salazar Hernandez & Gatmaitan
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Philippines
SyCip Salazar Hernandez & Gatmaitan
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Thailand
Chandler MHM Limited
Since the Personal Data Protection Act, B.E. 2562 (2019) (PDPA) became fully effective in 2022, the Personal Data Protection Committee (PDPC) has indicated their intention to spread knowledge and awareness about the law, encouraging compliance across all sectors. Despite receiving over 660 complaints by June 2024, the PDPC has not been imposing...
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Guatemala
Arias
In a world where commercial activities are increasingly frequent, and the economic needs, as well as the rising prices and costs of products, continue to grow, the Supreme Court of Justice has been compelled to amend the jurisdictional thresholds of the Peace Courts in municipalities across the Republic.
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El Salvador
Arias
The Legislative Assembly has approved the "Intellectual Property Law," which consolidates previous laws and establishes the Salvadoran Institute of Intellectual Property. This law modernizes the protection of copyrights and trademarks, promoting digitalization and expanding coverage to new digital environments.
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Singapore, Germany
World Law Group
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Denmark
Bech-Bruun
The Danish Whistleblower Act mandates that companies with 50 or more employees establish a whistleblowing system that allows for written reports of violations of EU law or other serious offenses. Companies may choose to allow anonymous reporting, reporting via external bodies, or oral reporting, though they are only obligated to offer written...
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Germany
Taylor Wessing
Germany's Whistleblower Protection Act, which came into effect July 2, 2023, mandates that all companies with 50 or more employees establish an internal reporting system to safeguard whistleblowers and encourage ethical corporate practices. Learn how this law impacts businesses and the potential fines for non-compliance by reading...
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United Arab Emirates
Al Tamimi & Company
In a heartwarming display of corporate social responsibility (CSR), Al Tamimi & Company law firm recently partnered with Senses Residential and Day Care for Special Needs to celebrate Eid with the children at the center. This initiative underscored the firm’s commitment to giving back to the community and creating meaningful...
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USA - Massachusetts
Locke Lord LLP
Locke
Lord is committed to giving back to the communities in which we work and live
through our considerable investment of time and resources in making sure our
business initiatives are part of creating a better world around us. This year,
Locke Lord partnered with three local organizations during WLG | impact ’24:
Woonasquatucket...
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Belgium
CMS Belgium
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South Korea
Bae, Kim & Lee LLC
On April 27, Dongcheon Legal Center for NPOs co-hosted the 11th NPO Legal Support Group Training Program at Bae, Kim & Lee LLC with the Korean Bar Association and the Seoul Bar Association. The program, which was launched in 2017, aims to train legal practitioners to assist non-profit organizations (NPO) and promote pro bono...
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France
Soulier Avocats
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USA - Texas
Hunton Andrews Kurth LLP
Hunton Andrews Kurth LLP is pleased to announce that five of the firm’s lawyers have been selected for inclusion in the 2024 Texas Rising Stars.
The full Rising Stars list appears on superlawyers.com and in the April 2024 issue of Texas Super Lawyers Magazine – Rising Stars, published by Law & Politics Media Inc. In addition, selected...
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Thailand
Chandler MHM Limited
The Office of the Securities and Exchange Commission (“SEC”) has recently sought a public hearing on the draft bill amending the Royal Decree on Digital Asset Business Operation, B.E. 2561 (2018) (“Draft Bill”) to rules regarding the use of digital assets for payments and the participation of digital asset businesses in the Bank of Thailand's...
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Ukraine
Sayenko Kharenko (Observer Firm)
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Canada - Ontario
Goodmans LLP
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Canada - Ontario
Goodmans LLP
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), together with the Canada Revenue Agency (CRA), recently issued an operational alert (the “Alert”) intended to support reporting entities in recognizing financial transactions in the real estate sector suspected of being related to laundering the proceeds of tax evasion.
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Brazil
TozziniFreire Advogados
This year, Rio Grande do Sul suffered from severe floods that devastated
the infrastructure of its cities, directly affecting its population and being
classified as "the greatest climate catastrophe" in the state's
history.
TozziniFreire, which operates in Porto Alegre, demonstrated its support
and solidarity with the state in three...
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Germany
Taylor Wessing
Diversity and inclusion are topics that nowadays play an important role for every company doing business in Germany. A corporate culture of diversity is key for a successful company as it not only demonstrates the company’s awareness and acknowledgement of its social structure but can also strengthen the employees’ sense of belonging and...
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Canada - Ontario
Goodmans LLP
On July 25, 2024, the Canadian Securities Administrators (CSA) introduced temporary exemptions from certain provisions of National Instrument 93-101 concerning Derivatives: Business Conduct (the “Business Conduct Rule”) in order to address feedback from derivatives dealers and advisers related to compliance with the Business Conduct Rule when it...
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Canada - Ontario
Goodmans LLP
The Supreme Court of Delaware’s recent decision in Kellner v. AIM ImmunoTech Inc. provides important guidance on the limits of a board’s authority to amend an “advance notice” bylaw in the context of a live proxy contest, holding that even facially valid bylaws may be unenforceable if adopted primarily for entrenchment purposes.
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Netherlands
CMS Netherlands
The Netherlands Commercial Court (NCC) has set a precedent in a post-merger and acquisition (M&A) dispute by enforcing a contractual disclosure clause, thereby granting the seller extensive rights to documents and interviews with key executives. This decision underscores the NCC's commitment to uphold disclosure agreements within contracts and...
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Germany
Taylor Wessing
Following the suspension of a case by the German Federal Court of Justice (BGH) in January 2024 (Case No. I ZR 53/23) in light of a pending case before the European Court of Justice (ECJ) (Case No. C-440/23), the BGH has now referred another case regarding online sports betting losses to the ECJ (decision of 25 July 2024 - Case No. I ZR 90/23).
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USA - Illinois
Faegre Drinker
Motorola v. Hytera arose after Hytera had poached three Motorola engineers, “offering them high-paying jobs in exchange for Motorola’s proprietary information.” (Opinion at 2.) Hytera then used the stolen materials to develop a competing line of products indistinguishable from Motorola’s product. Much of the theft occurred from 2010 to 2014, but...
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USA - Illinois
Faegre Drinker
In ATS Tree Services v. Federal Trade Commission, the Eastern District of Pennsylvania found that even if the plaintiff employer could show irreparable harm, injunctive relief would still be inappropriate because the plaintiff was unlikely to prevail on its argument that the FTC did not have authority to promulgate the Noncompete Rule.
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Guatemala
Arias
Ivón Hernández and Cristina Ortega, lawyers in Guatemala and experts in Intellectual Property, share with us this article related to the Olympic Games, the largest sporting event globally. The Olympic symbol is one of the most recognized trademarks worldwide. There are other intellectual property assets or Olympic Properties, whose use is...
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Spain
Cuatrecasas
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USA - Illinois
Faegre Drinker
Under Motorola, a trade secret plaintiff can bring its claim against a foreign defendant in the United States even when most of the wrongful conduct occurs outside the USA, so long as there is some act in furtherance of the misappropriation in the United States. In such cases, the trade secret plaintiff can recover damages on all of the...
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India
AZB & Partners
AZB & Partners acted for Oravel Stays Limited (“OYO”) on the issuance of certain Series G preference shares to InCred, on a fully diluted basis for a consideration of USD 50 Million. OYO is engaged in the business of providing a technology platform to customers for hotel and accommodation bookings owned by third parties.
Our deal team...
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India
AZB & Partners
AZB & Partners advised General Catalyst on Indian legal and regulatory aspects of their acquisition of the India focused early-stage investor, Venture Highway.
Our deal team comprised our Senior Partner Ashwath Rau, Partner Aditya Alok, Senior Associate Shivani Goel and Associate Shubhi Maheshwari. They were supported by our Senior Associate...
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Netherlands
CMS Netherlands
In a judgment of 12 July 2024, the Supreme Court of the Netherlands (Hoge Raad) clarified the legal status and implications of mediation clauses in commercial contracts. The ruling confirms that such clauses are either non-binding or obligatory, depending on the wording and the parties' reasonable expectations. The court also emphasised that...
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India
AZB & Partners
AZB & Partners recently advised Bansal Wire Industries Limited on its initial public offering, which was undertaken by way of a fresh issue of equity shares for an amount aggregating to ₹ 7,450 million. The book running lead managers to the initial public offering were SBI Capital Markets Limited and DAM Capital Advisors Limited.
The AZB...
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Netherlands
CMS Netherlands
In a landmark decision, the Supreme Court of the Netherlands has held that an electric vehicle (EV) that fails to achieve the advertised range under normal driving conditions does not conform to the contract of sale and can be returned by the buyer. This ruling may have significant implications for the automotive industry and consumer protection...
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Germany
CMS Germany
"WLG is a great platform for meeting lawyers from around the globe, expanding your network, and exploring ways for collaboration and joint business development activities. By being a Key Contact Partner and getting to know delegates in person at the WLG meetings, it is possible to establish long-lasting and reliable business relationships...
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Germany
Taylor Wessing
Following the renewed question referred by the BGH regarding the scope of Art. 80 para. 2 GDPR, the ECJ ruled on July 11, 2024 in case C-757/22 on the standing of consumer protection associations. According to the court, the breach of an information obligation pursuant to Art. 12 et seq. GDPR is sufficient to enable representative actions.
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New Zealand
MinterEllisonRuddWatts
"I am looking forward to the upcoming WLG IBA Breakfast in Mexico City... It never ceases to amaze me how common the issues are that we each face no matter which jurisdiction we work in. I'm particularly interested in discussing global trends in the legal profession and exploring opportunities to collaborate to create real value for our...
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England
Gowling WLG
"I was thrilled to be involved in the whole summit! As a first-time attendee, I was made to feel welcome by everyone across WLG. There is so much we, World Law Group, can do together to connect, collaborate and create huge opportunities for all our member firms, and meeting in person really helps to strengthen relationships across our...
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USA - Illinois
Faegre Drinker
On Monday, July 8, 2024, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released additional FAQs specifying that reporting companies created or registered on or after January 1, 2024, that are subsequently dissolved or cease to exist, are required to make a CTA filing even if such reporting companies cease to...
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India
AZB & Partners
AZB & Partners advised BlackRock, Inc. on the Indian aspects of their proposed acquisition of 100% of Preqin Holding Limited and its subsidiaries, for a consideration of approximately USD 3.2 billion, with an aim to expand BlackRock’s Aladdin tech business into the private markets data segment.
Our deal team comprised our Senior Partner...
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India
AZB & Partners
AZB & Partners acted for Bain Capital, which sold its entire residuary ownership of 3.59% in L&T Finance Limited by way of block deals, at an aggregating gross consideration of USD 180 million (approximately).
Our deal team comprised our Senior Partners Anil Kasturi and Nandita Govind, Senior Associate Rohit Dutta and Associate Saksham...
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India
AZB & Partners
AZB & Partners assisted Alfanar India for installation of smart meters with Esyasoft Technologies Private Limited. Alfanar India was awarded two smart metering projects by the Madhya Pradesh DISCOMs (Bhopal and Jabalpur) for around 2 million smart meters under competitive bidding regime. The transaction is significant given that the role of...
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India
AZB & Partners
AZB & Partners is represented TPG on the India leg of its proposed acquisition of a controlling stake in Altimetrik, which is a significant strategic investment for TPG.
Our deal team comprised of our Senior Partners Vaidhyanadhan Iyer and Bhuvana Veeraragavan, Senior Associate Mridula Sriram, Associates Raina Kanungo, Yash Anand and Shivani...
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India
AZB & Partners
AZB & Partners advised Decision Point Private Limited in India, Chile and Mexico in its 100% sale to Latent View Analytics Limited. Decision Point is a leader in AI-led Business Transformation and Revenue Growth Management (RGM) solutions with 300+ employees worldwide. Latent View Analytics Limited is a global data analytics company especially...
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India
AZB & Partners
AZB & Partners recently advised Allied Blenders and Distillers Limited and the Promoter Selling Shareholders, Bina Kishore Chhabria, and Resham Chhabria Jeetendra Hemdev, on its initial public offering, which was undertaken by way of a fresh issue and an offer for sale for an amount aggregating to ₹ 15 billion.
The book running lead managers...
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India
AZB & Partners
AZB & Partners advised Warburg Pincus from an Indian law perspective on its investment, with participation from Accel, in the approximately $350 million fund raising by CData Software.
Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Jeet Chaudhuri, Associates Shivani Shenoy, Jay Singhee, Akanksha Khandelwal and Rishav...
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Thailand
Chandler MHM Limited
The Electronic Transactions Development Agency (ETDA) issued a notification on 11 June 2024 regarding a new manual for overseeing advertising on digital platform services. The notification aims to prevent deception, illegal product or service offerings, and other unlawful activities related to advertising on digital platforms, which have become...
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Germany
Taylor Wessing
As already reported in detail (see our Insight of 2 August 2023 here [German only]), the first case regarding advertising using the term ‘climate-neutral’ was brought before the highest German civil court, the Federal Court of Justice (Bundesgerichtshof), in July last year (case no. I ZR 98/23). On 27 June 2024, the Federal Court announced its...
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Uruguay
Guyer & Regules
As part of World Environment Day and this year's UN slogan, we carried out a joint activity with
AMBA, an NGO to which we provide probono services.
Organización Civil Amba is a non-profit organisation that since 2016 develops several projects to
protect biodiversity in the province of Rocha. They work in the preservation of...
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Argentina
Alfaro Abogados
On June 28, by a large majority in the House of Representatives, with 147 votes in favor and 107 against, the "Ley de Bases" was approved. This bill promotes private enterprise and the free development of industry and commerce, while limiting any unnecessary state intervention. But it only defines the main guiding principles that...
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Argentina
Alfaro Abogados
In today's digital age, artificial intelligence (AI) has evolved from a mere trend into an essential tool that is revolutionizing the way we work and live. Among the most noteworthy innovations is generative AI, a technology that, although still in development, is already transforming various industries, including the legal sector.
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Argentina
Alfaro Abogados
The report “AI, data governance, and privacy: Synergies and areas of international co-operation” published by the Organization for Economic Co-operation and Development (OECD) explores the intersection of AI and privacy and ways in which relevant policy communities can work together to address related risks, especially with the rise of...
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Vietnam
VILAF
The Land Law 2024 that shall take effect on 1 August 2024 introduces a new regulation that allows non-bank entities to take security over land use rights. This article will explore how this regulation could impact the real estate financing market and the opportunities and challenges it could bring for both lenders and borrowers.
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Thailand
Chandler MHM Limited
In recent years, news and headlines have increasingly highlighted the surge in cyber threats and crimes. Organizations and individuals in Thailand have been targeted by a variety of cyber threats, including ransomware attacks, system hacks, spam calls, and phishing scams. These threats are often linked to data leaks or illegal sales of personal...
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Thailand
Chandler MHM Limited
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USA - Illinois
Faegre Drinker
The Supreme Court has rejected the bankruptcy court's authority to grant through confirmation of a plan nonconsensual third-party releases without consent of creditors in a narrow ruling that does not impact plans confirmed by final order and does not opine on acceptable forms of consent. For the jurisdictions that permit consensual third-party...
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Germany
Taylor Wessing
In its decision of 19 January 2023 (Case No.: 312 O 256/21), the Regional Court of Hamburg had to deal with the admissibility of various statements advertising an energy drink in which the drink was said to increase the ability to concentrate and react. The question arose as to whether such statements could constitute an infringement of Art. 10...
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Germany
Taylor Wessing
Since the enactment of the Fair Consumer Contracts Act in 2022, which mandated the inclusion of a cancellation button for evergreen agreements on websites in Germany (also known as the “2-click cancellation law”), there has been a lot of attention by German Consumer Protection Associations (CPA) and a notable impact on businesses.
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Germany
Taylor Wessing
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Canada - Ontario
Goodmans LLP
Effective August 19, 2024, businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) must report transactions suspected to be related to sanctions evasion to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). FINTRAC recently issued guidance on when and how to report such...
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Namibia
ENS
Namibia is upgrading its transportation infrastructure to facilitate investment and position itself as a logistics hub for road, rail, and sea transportation, connecting neighboring countries to the global marketplace, and establishing itself as a green hydrogen investment destination. Green hydrogen production is expected to contribute...
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Rwanda
ENS
Rwanda experiences comparatively high levels of stability and security by regional standards and has continued to protect its political stability since the 1994 genocide. The country boasts a track record of robust economic growth and a strong reputation for low corruption. ENS, member firm for South Africa, explores areas of opportunity,...
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Costa Rica
Arias
Labor relations are crucial for companies, yet they face significant legal challenges. Adhering to clear contracts, proper worker classifications, and regulatory benefits is essential to avoid legal issues and safeguard corporate value. Regularly evaluating compliance with labor regulations helps mitigate operational and legal risks.
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Denmark
Bech-Bruun
Legally, Denmark offers a transparent and efficient legal system that is easy to navigate and provides strong protection of intellectual property rights. The country's legislation is modern, efficient, and in line with EU legislation, which supports international trade and investments. Denmark's consistentlyconsistent high ranking in 'Ease of...
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Germany
CMS Germany
The circular economy offers multiple investment opportunities across nearly all sectors and is on top of the political agenda in Germany. However, while the country offers opportunities for growth and innovation, businesses must navigate a dynamic landscape shaped by political transitions, economic challenges, and evolving regulatory frameworks...
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El Salvador
Arias
The use of electronic signatures expedites administrative procedures before the Tax Authority, reduces costs and eliminates geographical barriers. This digital tool, which has the same legal value as a handwritten signature, benefits both the tax administration and local and foreign taxpayers, promoting the modernization and efficiency of tax...
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Costa Rica
Arias
Costa Rica's environmental protection is hindered by budget cuts and a lack of specialized judges, leaving over 8000 cases unresolved. Decentralized efforts face resource shortages, highlighting the need for robust legal frameworks, adequate funding, and community participation. Strengthening judicial capacity and implementing the Escazú...
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Nicaragua
Arias
New Law creates the National Attorney Office for the Defense of Free Competition and Alternative Dispute Resolution, a new entity that integrates the functions of the National Institute for the Promotion of Competition (PROCOMPETENCIA) and the Alternative Dispute Resolution Directorate (DIRAC), with the purpose of centralizing the defense of...
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Honduras
Arias
Honduras has taken a step towards reducing the gender inequality gap in the workplace by approving and implementing the new Labor Inspection Protocol, specifically focused on gender discrimination in employment and occupation. This agreement, approved by the Ministry of Labor and Social Security (SETRASS), aims to reduce discrimination,...
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Ireland
Mason Hayes & Curran
L-R: Stephen Cowhey with Vanessa Byrne and Michael Doran
We are pleased to announce the promotion of Stephen Cowhey to partner in our market-leading Real Estate team .
Stephen supports clients through the entire real estate project lifecycle, from acquisition, development and financing to operation and sale. Having worked on...
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Ireland
Mason Hayes & Curran
In recent years, there has been a marked increase in the amount of legislation generated at an EU level with a view to improving cybersecurity across Europe. The Network and Information Security Directive (NIS2), the Cyber Resilience Act, the Digital Operational Resilience Act (DORA) and the EU Cybersecurity Act are each aimed at...
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Ireland
Mason Hayes & Curran
A recent English court decision looked at whether injunctions are a suitable remedy for stopping breaches of confidentiality. The court concluded that if someone breaks a confidentiality agreement and it is hard for the wronged party to prove and receive damages, an injunction will be an appropriate solution. We examine the decision.
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Kenya
ENS
Kenya boasts one of the most diversified and advanced economies in Africa, which rebounded rapidly from the COVID-19 pandemic. The country provides various tax and investment incentives to both local and foreign investors, including tax holidays, duty-free importations, and a 100% investment deduction on capital expenditures for eligible...
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Ghana
ENS
While Ghana's government welcomes foreign private investment, the investment legislation prescribes local participation requirements for certain sectors to limit foreign domination in the economy. From a cultural perspective, Ghanaian people enjoy getting to know their business associates personally before beginning formal business proceedings....
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China
Zhong Lun Law Firm
The article explores the copyrightability of AI-generated images in China, focusing on a landmark case adjudicated by the Beijing Internet Court. In the "Spring Breeze" case, the court recognized the copyrightability of AI-generated images, setting a relatively low standard for judging originality. This contrasts with the cautious...
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Ireland
Mason Hayes & Curran
We are pleased to announce the promotion of Kim Bowen to partner in our Employment Law & Benefits team. The firm now employs over 600 staff in Ireland, the UK and the US, dedicated to delivering bespoke, innovative client solutions.
Kim specializes in Business Immigration , offering expert advice to...
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Ireland
Mason Hayes & Curran
The Workplace Relations Commission has made another landmark award of compensation in recent weeks. A leading academic at a third-level institution was awarded €300,000 in compensation for being unfairly dismissed by his employer. We review the impact of this decision and what employers can do next.
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El Salvador
Arias
Occupational safety is applicable in all workplaces, both in public and private institutions. Their implementation is influenced by factors such as the number of workers, company activities, workplace facilities, etc. With the objective of guaranteeing an adequate level of protection against the different occupational health and safety risks for...
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Germany
Taylor Wessing
The Act to Accelerate the Digitalization of the Healthcare System (“Digital Act”) was announced on 26 March 2024. In Section 393 of the Fifth Social Insurance Code (“SGB V”) as amended, the Digital Act contains far-reaching regulations on the permissibility of cloud use in the healthcare sector, which will come into force on 1 July 2024....
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Ukraine
Sayenko Kharenko (Observer Firm)
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Makarim & Taira S.
WLG | summit Bali '24 Host Firm Makarim & Taira S. Gives Back
Makarim & Taira S. (WLG member firm for Indonesia) has been a valued network member since 2012. A leading firm in the country for over 44 years, its team of over 90 lawyers offers a full range of corporate, banking, litigation, and specialist legal...
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USA - Illinois
Faegre Drinker
In a departure from the 2023 methodology, the Office of Federal Contract Compliance Programs (OFCCP) targeted contractors with large employee populations. The OFCCP updated its Supply and Service Scheduling Letter and Itemized Listing last year. The new changes significantly expanded the audit scope and will require selected contractors who...
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Malaysia, Australia, Uruguay, Belgium, India, Mexico, Costa Rica, Brazil, Portugal, Argentina, Finland, Singapore, Spain, Luxembourg, Ghana
We asked our member firms around the globe to complete a short Q&A to help WLG colleagues and others learn more about them, how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. This guide was initially published in 2021. Several chapters have been updated in...
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Ireland
Mason Hayes & Curran
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Our firms are making a difference this year for WLG | impact '24 . Learn more about each project by clicking on the links below. Firms completed projects throughout the year to coincide with their own CSR initiatives or seasonal needs.
*To read more, view photos, videos, and additional materials for a completed project, click on the...
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Netherlands
CMS Netherlands
The EU has adopted a comprehensive regulation on artificial intelligence (AI) that aims to foster innovation, ensure trustworthiness, and protect fundamental rights. The regulation sets out harmonised rules and obligations for providers, deployers, and users of AI systems in the EU, as well as third-country actors whose AI systems affect the EU...
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Ireland
Mason Hayes & Curran
A recent Supreme Court decision indicates that private energy generators could be considered to be ‘public authorities’. As a result, they may be subject to the environmental information regulatory regime, which imposes significant obligations on ‘public authorities’ to make ‘environmental information’ available on request. We consider the...
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Ireland
Mason Hayes & Curran
The European Data Protection Board’s recent report on the role of data protection officers identifies several issues and ways in which shortcomings can be addressed by companies. We look at the key learnings and set out why companies should consider the report carefully before assessing their compliance position.
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Canada - Ontario
Goodmans LLP
On May 22, 2024, the Office of the Superintendent of Financial Institutions (OSFI) released its Annual Risk Outlook – Fiscal Year 2024 - 2025 (the “ARO”), which summarizes the current risk environment and underscores the primary risks facing Canada’s financial sector. The ARO outlines OSFI’s measures to maintain public confidence in Canada’s...
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Germany
Taylor Wessing
Anti-subsidy Investigation: EU Examines Possible Countervailing Duties for Chinese Electric Vehicles
In recent years, imports and the share of electric vehicles from Chinese manufacturers have been increasing in the EU. In the Commission's view, there is evidence that Chinese car manufacturers benefit from subsidies from the Chinese government and that this has a negative impact on European economic operators, i.e. leads to a distortion of...
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Ireland
Mason Hayes & Curran
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Argentina
Bruchou & Funes de Rioja
As part of the WLG Impact 2024 initiative, Bruchou & Funes de Rioja will carry out the "Plastic-Free June and Plastic with Purpose" project, in which all its members will be called upon to fill bottles with hard-to-recycle and single-use plastic waste generated daily and collect them. These plastics include: bags, pasta packages, rice,...
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Brazil
TozziniFreire Advogados
"The use of technology certainly brings challenges to intellectual property as is the case with discussions regarding AI platform databases. On the other hand, nowadays, we have many more tools available to help us monitor online infringements, for example, which allows us to offer broader protection to our clients."
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South Africa
ENS
South Africa has a well-established democracy following its transition to democracy in 1994 and is a regional leader with a highly developed economy and advanced economic infrastructure. It is rich in natural resources, with a diverse economy that spans mining, agriculture, manufacturing, and services. Member firm ENS dives into opportunities...
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Panama
Arias
Investment Funds in Panama are an attractive option for those interested in maximizing their financial assets and diversifying their businesses. In Panama, there are two types of funds, public and private, each with its legal particularities, which must be met before starting operations in the country.
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Indonesia
Makarim & Taira S.
Indonesia is now actively pursuing carbon capture and storage (“CCS”) as part of its strategy to address climate change and reduce carbon emissions. This advisory provides guidance on the framework for CCS activities under Presidential Regulation No. 14 of 2024 on the Implementation of Carbon Capture & Storage Activities (“PR 14/2024”), issued...
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Ukraine
Sayenko Kharenko (Observer Firm)
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Indonesia
Makarim & Taira S.
Indonesia’s franchise regulatory framework has undergone significant development since its inception in 1997. It now consists of two simplified regulations: Government Regulation No. 42 of 2007 on Franchising (“GR 42/2007”) and Minister of Trade Regulation No. 71 of 2019 on the Implementation of Franchising.
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Ukraine
Sayenko Kharenko (Observer Firm)
Sayenko Kharenko is proud to announce its participation in the Export and Capacity Building Consultation Projectю The project is implemented by the USAID Competitive Economy Program in Ukraine. As part of the initiative, the firm will provide online consultations to enhance the export potential of Ukrainian companies, particularly those in the...
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Italy
Gianni & Origoni
Gianni & Origoni renews its commitment in the fight against gender violence and presents #UGUALEPERTUTTE, a project based on long-term initiatives. The aim is to counter the phenomenon of violence against women in all its forms with concrete actions as well as provide real and tangible support by identifying preventive tools and remedies.
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Spain
Cuatrecasas
Cuatrecasas has advised Goldman Sachs Bank Europe SE and J.P. Morgan SE as global coordinators, and the rest of the bank syndicate, as well as the majornity shareholder, on the initial public offering (“IPO”) and admission to trading of the Class B shares of Puig Brands, S.A., on the Spanish stock exchanges.
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Chile
Urenda, Rencoret, Orrego y Dörr
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Germany
Taylor Wessing
According to the German Federal Court of Justice (the Court), a “related party” (nahestehende Person) within the meaning of German insolvency law includes in the case of a legal entity, an indirect shareholder, provided that it holds more than 25% of the shares. Here, the Court will assume that the legal entity has advance knowledge of the...
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Castrén & Snellman
Recently, Castrén & Snellman (C&S) hosted WLG | regional Helsinki '24 , bringing together colleagues from 17 member firms with business interests in the EMEA region to expand their knowledge of law firm economics, operational strategies, and the art of collaborative client service. Attendees participated in a local CSR activity as part...
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World Law Group
Did you know that the average family in the United States will spend nearly USD 600 per child in preparation for their back-to-school season? During WLG | regional New York '24, our delegates made a positive local impact through a backpack and supplies donation activity. Along with graciously offering space in their New York offices, Locke...
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Hergüner Bilgen Üçer Attorney Partnership
We actively engage with our local communities through pro bono legal services, volunteer initiatives, and partnerships with non-profit organizations that promote access to justice, education, and social welfare. We provided pro bono legal advice to SDG Outcomes Fund, a specialist impact investment fund, on a government-funded results-based...
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AZB & Partners
"At WLG | regional Bangkok '24, I found the session on 'How Allied Firms Can Serve A Client Together and Effectively' by Ms. Peangpanor Boonklum particularly engaging. Ms. Boonklum shared practical insights on managing client expectations when allied firms collaborate, drawing from her extensive experience working with different firms."
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Canada
Goodmans LLP
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USA
Faegre Drinker
The America First Legal Foundation filed suit on behalf of the plaintiff. This case is similar to many other challenges to DEI programs in that the lawsuit was being brought by a plaintiff who has not applied to the program at issue. The court found that the plaintiff did not have standing to bring a claim derived from an allegedly...
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Chandler MHM Limited
Recently, CMHM hosted WLG | regional Bangkok '24 , bringing together colleagues from 10 member firms with business interests in the Asia-Pacific region to expand their knowledge of law firm economics, operational strategies, and the art of collaborative client service. Attendees participated in a local CSR activity as part of WLG | impact's...
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France
Soulier Avocats
France: Formality Requirements Governing the Assumption of Pre-incorporation Contracts are Abolished
In three rulings issued on November 29, 2023, the French Supreme Court reversed it case law on the requirements governing the assumption of pre-incorporation contracts.
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Argentina
Alfaro Abogados
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Japan
City-Yuwa Partners
A government initiative to promote non-carbon generating renewable energy has provided ample opportunity for foreign investment in renewable energy projects in Japan. Member firm City-Yuwa Partners also share that the legal system is business-friendly in that the country does not have discovery or class-action lawsuits and, overall, is not...
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Germany
Taylor Wessing
At the request of the Dutch, Norwegian and German (Hamburg) supervisory authorities to the European Data Protection Board ("EDPB"), the EDPB has addressed the issue of providing clarity on the implementation of "consent or pay" models considering Meta's business model. These models are particularly relevant for large online...
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Indonesia
Makarim & Taira S.
Shareholders in public companies in Indonesia will be required to disclose share pledge activities, following the issuance of a new regulation by the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”). This regulation aims to enhance transparency and regulatory oversight within the country’s publicly-listed companies.
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Canada
Goodmans LLP
In Budget 2024, the Government of Canada announced its intentions to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the Criminal Code, the Income Tax Act, and the Excise Tax Act, and to take additional measures to strengthen the supervision, enforcement, and...
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Guatemala
Arias
Guatemala: Implementation of the New Compliance Stage in the Wastewater Regulation as of May 1, 2024
As of May 1, 2024, Guatemala enters the new stage of compliance with the Wastewater and Sludge Disposal Regulations that establish more demanding maximum limit parameters.
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Germany
Taylor Wessing
In case C-741/21 (JURIS), the Court of Justice of the European Union recently answered important questions regarding liability for data breaches, the assessment of damages and the influence of human error on liability. The decision confirms and builds on recent case law. Nevertheless, the decision provides an opportunity to clarify the...
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India
AZB & Partners
AZB & Partners recently advised the President of India acting through the Ministry of Coal (“Seller”), for the sale of 97,064,662 equity shares aggregating to approximately 7.00% of the total paid-up equity share capital of NLC India Limited for an aggregate amount of INR 20.58 billion. The sale took place by way of the offer for sale through...
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Germany
Taylor Wessing
The AI Act ("KI-VO") regulates (among other things) the requirements for AI systems. They should be safe, transparent, comprehensible, non-discriminatory and environmentally friendly.
But what happens if AI systems violate these requirements and cause damage? Unlawful behaviour is naturally difficult to attribute to AI systems...
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Germany
Taylor Wessing
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USA
Lane Powell PC
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India
AZB & Partners
AZB & Partners advised TotalEnergies Renewables Singapore Pte Limited on its 50:50 joint venture with Adani Green Energy Limited. The new joint venture will own a 1,050 MW portfolio comprising a mix of already operational (300 MW), under construction (500 MW) and under development assets (250 MW) with a blend of both solar and wind power....
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Philippines
SyCip Salazar Hernandez & Gatmaitan
SyCipLaw was Philippine counsel to J&T Global Express. The team was led by SyCipLaw partner, Arlene M. Maneja, together with partners Melyjane G. Bertillo-Ancheta, Ronald Mark C. Lleno, Franco Aristotle G. Larcina, Leah C. Abutan, and Camille Angela M. Espeleta-Castillo. Other team members included Loubelle L. Razon-Bagagnan, Mark Kevin U....
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WongPartnership LLP
"One particular area that I would like WLG to develop further would be thought leadership in contemporary legal matters, such as investor–state dispute settlement (ISDS). There is a lot that member firms can learn from each other, and the vast resources that all of us have could and should be fully harnessed. "
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India
AZB & Partners
AZB & Partners advised Matrix Clothing Private Limited (MCPL) and Matrix Design & Industries Private Limited (MDIPL) on Gokaldas Exports Limited’s (GEL) acquisition of 100% of the equity share capital of MDIPL, from MCPL and its nominee, in exchange for shares of GEL and cash.
Our deal team comprised of our Senior Partners Vinati Kastia...
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India
AZB & Partners
One more for #ImpactFinancing! AZB & Partners advised Standard Chartered Bank and other offshore consortium lenders on its #socialloan to Muthoot Microfin Limited.
Our deal team comprised of Senior Partner Anand Shah, Partner Hufriz Wadia, Associates Shivani Agarwal, Neeraj Nainani and Kareena Sobti, with execution assistance from our Chennai...
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USA
Lane Powell PC
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India
AZB & Partners
AZB & Partners acted for Main Street Capital Corporation on Indian aspects of its acquisition (through its portfolio company Gulf Manufacturing LLC) of the Maass Global Group - a global leader in the manufacture and distribution of flanges and specialty forged products.
Our deal team comprised of our Senior Partner Srinath Dasari, Partner...
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Germany
Taylor Wessing
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Indonesia
Makarim & Taira S.
Indonesia is going green! From developments in natural resources sectors, primarily driven by the government's goal of transitioning to electric vehicles and reducing carbon emissions, to solar energy initiatives, hydropower projects, and adopting carbon capture and storage in oil and gas projects, the country has a robust environmental focus at...
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Hergüner Bilgen Üçer Attorney Partnership
Turkey is politically stable and can potentially turn a predicament into an opportunity, given its strategic geographic location. The country also has a young and well-educated population, relatively inexpensive labor, and favorable exchange rates– an inviting combination for foreign investors who are looking to expand into new jurisdictions....
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Finland
Castrén & Snellman
Finland’s political stability, low corruption levels, and transparent legal system create a secure business environment. The country is also a global leader in green technology, health and welfare, and data and technology, thanks to its innovative approach and expertise in these fields. Culturally, Finns are very punctual and direct. Learn more...
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Cayman Islands
Campbells
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India
AZB & Partners
AZB & Partners acted for Warburg Pincus and its controlled portfolio company Avanse Financial Services (‘Avanse’) on the recent fund raise where Abu Dhabi’s Mubadala Investment has deployed approx. INR 900 crore of primary capital into Avanse. This round also had Avendus PE subscribe to approx. Rs. 100 crores of primary capital of Avanse.
Our...
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Germany
Taylor Wessing
Germany: Important for start-ups: Confidentiality Agreements and Material Transfer Agreements (MTAs)
A crucial step for start-ups on the road to success is ensuring that their innovations and trade secrets are adequately protected. In an increasingly competitive business world, confidentiality agreements and material transfer agreements (MTAs) have become indispensable tools.
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Philippines
SyCip Salazar Hernandez & Gatmaitan
SyCipLaw is pleased to announce the re-appointment of Ms. Carina C. Laforteza as the head of the firm's Tax department, which practice group she has led since 2020. Ms. Laforteza is a certified public accountant with over 30 years of extensive experience in corporate and tax matters, including transaction structuring, finance, and tax...
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South Korea
Bae, Kim & Lee LLC
"The Korean financial supervising authority is very aggressive nowadays in tracking down financial institutions' wrongdoings and 'immoral marketing practices' in the name of consumer protection. It brings about various kinds of civil and criminal disputes for our clients, domestic or abroad, to cope with."
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Thailand
Chandler MHM Limited
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Thailand
Chandler MHM Limited
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Ukraine
Sayenko Kharenko (Observer Firm)
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India
AZB & Partners
AZB & Partners represented the RBI appointed Administrator of SREI Infrastructure Finance Limited & SREI Equipment Finance Limited (SREI Group) in the SREI Group’s successful takeover by National Asset Reconstruction Company Limited (NARCL) under the provisions of the Insolvency and Bankruptcy Code, 2016, thereby resolving approximately INR...
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India
AZB & Partners
AZB & Partners acted for Accenture on its proposed acquisition of Mindcurv, a leading company providing end-to-end digital experience services, to help expand its composable commerce capabilities.
Our deal team comprised of our Senior Partner Vaidhyanadhan Iyer and Partner Vasudha Asher, Associates Shivam Gupta, Freya Irani and Rimjhim...
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Philippines
SyCip Salazar Hernandez & Gatmaitan
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) senior partner Carina "Caren" Laforteza and special counsel Catherina "Kate" Fernandez discuss the taxation of AI in light of recent developments concerning the concept of situs of taxation as interpreted by the Bureau of Internal Revenue (BIR), the local tax authority in the Philippines.
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India
AZB & Partners
AZB & Partners recently advised the President of India acting through the Ministry of Power (“Seller”), for the sale of 356,626,218 equity shares aggregating to approximately 3.55% of the total paid up equity share capital of NHPC Limited for an aggregate amount of INR 23.56 billion. The sale took place by way of the offer for sale through the...
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India
AZB & Partners
AZB & Partners represented Lighthouse on its recent investment of INR 284 crores in silver jewellery brand Kushal’s.
The transaction was led by our Partner Ananya Sharma and the deal team comprised of Associates Saumya Srivastava, Aryan Khanna and Shubhangi Tewari. Our due diligence team comprised of our Senior Associates Sudeshna Panigrahi...
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India
AZB & Partners
AZB & Partners acted for Bodhi Tree on the combination of Reliance-Viacom18 and Disney’s India business, creating a USD 8.5 bn joint venture. Bodhi Tree (an investment platform led by Uday Shankar and James Murdoch with QIA as a key investor) is a joint venture partner in Viacom18.
The AZB deal team comprised of our Senior Partners Ashwath...
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India
AZB & Partners
AZB & Partners acted for The Walt Disney Company on the combination of Viacom18 and Disney's Indian media businesses, to create a joint venture valued at approximately US$ 8.5 billion, which will be one of India's leading media companies.
Our AZB deal team comprised of our Senior Partners Roxanne Anderson and Divya Mundra, Counsel Himanshoo...
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Philippines
SyCip Salazar Hernandez & Gatmaitan
SyCipLaw's Litigation Department, in cooperation with SyCipLaw Cebu branch, recently conducted a two-part seminar for its Cebu clients entitled “Dispute Management Strategies: A SyCipLaw Seminar on Case Management and Arbitration,” which was held at Holiday Inn Cebu City. A total of 31 clients representing 13 organizations attended the seminar.
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USA
Hunton Andrews Kurth LLP
United States: Hunton Andrews Kurth Represents Forcite Helmet Systems Pty Ltd in Sale to GoPro, Inc.
Hunton Andrews Kurth Represents Forcite Helmet Systems Pty Ltd in Sale to GoPro, Inc.
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France
Soulier Avocats
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World Law Group has numerous opportunities for you to connect with your WLG colleagues over the next two months. Unless noted as open, events are for WLG members only . WLG jurisdictional participation policies apply – firms may not have participants from their other offices in places where WLG has a member firm.
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Philippines
SyCip Salazar Hernandez & Gatmaitan
SyCipLaw partner Leslie C. Dy has been appointed the head of its Employment and Immigration Department (EID), effective March 1, 2024. She succeeds Dante T. Pamintuan following his retirement at the end of February 2024. (Mr. Pamintuan will continue to serve as Of Counsel to SyCipLaw, effective March 1, 2024.)
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Canada
Goodmans LLP
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Greece
Bahas, Gramatidis & Partners LLP
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Italy
Gianni & Origoni
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India
AZB & Partners
AZB & Partners is acting as IIT-Delhi’s legal counsel and assisting them in setting up their Abu Dhabi campus (which is the second overseas campus of IIT and first for IIT-Delhi), including its operations, negotiating of contracts/framework arrangements with Abu Dhabi Department of Education and Knowledge (ADEK), secondment and hiring of...
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Germany
Taylor Wessing
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Canada
Goodmans LLP
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India
AZB & Partners
AZB & Partners advised a member of the promoter/promoter group of Paradeep Phosphates Ltd., in the merger of Mangalore Chemicals & Fertilisers Ltd. into Paradeep Phosphates Ltd., to become one of the largest integrated private sector fertiliser companies in India.
Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Counsel...
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Thailand
Chandler MHM Limited
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Indonesia
Makarim & Taira S.
In October 2023, the Indonesian Government issued the second amendment to Government Regulation No. 44 of 2015 on the Occupational Accident Security (Jaminan Kecelakaan Kerja – “JKK”) and Death Security programs (Jaminan Kematian – “JKM”) (“GR 44/2015”), under Government Regulation No. 49 of 2023 (“
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USA - California
Greenberg Glusker LLP
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USA
Hunton Andrews Kurth LLP
Hunton Andrews Kurth LLP recently represented The Bankers Helping Bankers Fund (BHB Fund) as lead investor in a Series Seed financing of Privacy Lock Inc., a leader in privacy compliance solutions for financial institutions. The financing closed on January 26, 2024. The BHB Fund is a fintech fund that invests across banking technology, customer...
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Germany
Taylor Wessing
In its ruling of 28 September 2023 (BVerwG 4 C 6.21), the Federal Administrative Court ruled that a recognised environmental association can have a court review whether a deviation from the objectives of a regional plan violates environmental legislation. The court published this in a press release on its website.
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Malaysia
Shearn Delamore & Co.
With record-breaking levels of Foreign Direct Investment in 2023 and supportive economic frameworks in place from the government, Malaysia is a very competitive investment destination. Member firm Shearn Delamore & Co. is ready to aid those who wish to enter their markets, having established focus committees for regulatory and anti-bribery/...
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Italy
Gianni & Origoni
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Honduras
Arias
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India
AZB & Partners
AZB & Partners advised Accenture Inc. on the India aspects of its recent acquisition of Impendi Analytics LLC and its Indian subsidiary, Impendi Analytics Private Limited, a procurement advisory and transformation services provider.
Our deal team comprised of our Senior Partner Vaidhyanadhan Iyer, Partner Vasudha Asher, Senior Associate...
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India
AZB & Partners
AZB & Partners advised and represented eMudhra Limited (the “Company”) and IIFL Securities Limited, the book running lead manager, on a qualified institutions placement of equity shares by the Company, which aggregated to INR 2,000 million.
Our team comprised our senior partners, Varoon Chandra and Agnik Bhattacharyya; our senior associates,...
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Thailand
Chandler MHM Limited
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India
AZB & Partners
AZB & Partners represented Bluestone Equity Partners on its growth investment in VideoVerse, the company behind Magnifi (an internationally acclaimed AI powered video editing solution), for an aggregate investment amount of USD 45 million.
The deal team comprised of Senior Partner Darshika Kothari, Partner Vasudha Asher, Associates Deepti...
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India
AZB & Partners
AZB & Partners acted for FabIndia and Organic India on Tata Consumer Products’ proposed acquisition of up to 100 per cent stake in Organic India, a FabIndia-owned business that sells tea, infusions, herbal supplements and packaged foods, for INR 1,900 crore.
Our transaction team comprised of our Senior Partner Anil Kasturi, Partner Anisha...
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Honduras
Arias
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India
AZB & Partners
AZB & Partners advised Wipro on the successful execution of their recent Power Purchase Agreement and Equity Investment Contracts with Fourth Partner Energy Private Limited in relation to setting up solar captive power project and purchase of power from it for meeting its renewable energy demands in Maharashtra.
The transaction team comprised...
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India
AZB & Partners
AZB & Partners represented Oyster Renewable Energy Private Limited (‘Oyster Renewables’) in the executions of the contracts for the development of a 99 MW wind power project in Gujarat with Inox Wind Limited and its group companies. This is Oyster Renewable’s first wind power project in India.
Our transaction team comprised our Senior...
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India
AZB & Partners
AZB & Partners advised Accenture Inc. on the India aspects of its recent acquisition of Navisite, a digital transformation and managed services provider.
Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Malaveeka Chakravarthy, Senior Associate Farah Titina, Associates Ashish Narang and Pavit Kaur. They were supported on...
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Lane Powell PC
Lane Powell, member firm for USA- Washington, has offices across the Pacific Northwest (Washington, Oregon, and Alaska) and is proud of its longstanding client relationships in Asia, which solidify its position as a gateway to and from the Pacific Rim. The Pacific Northwest has a strong technology scene comprising everything from start-ups to...
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Faegre Drinker
As one of the most populated states with the 3rd largest city in the United States, Illinois is an ideal state in which to set up a subsidiary. Illinois is also centrally located within the country, facilitating logistics with easy access to the country. Member firm for the state, Faegre Drinker, paints the picture of many benefits to doing...
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Australia
MinterEllison
Australia is a prosperous and stable nation, offering abundant opportunities for foreign investment across diverse industries. Australia's proximity to major markets like China, Singapore, Japan, and South Korea makes it a crucial hub for trade and investment, particularly in mining, agriculture, and finance. MinterEllison, WLG member firm for...
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Thailand
Chandler MHM Limited
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India
AZB & Partners
AZB & Partners advised FS India Solar Ventures Private Limited in executing Power Purchase Agreements and Equity Investment Contracts with Cleantech Solar India OA 2 Pte Ltd for setting up two solar captive power projects and one wind captive power project and purchase of power from them for meeting its renewable energy demand for its 3.3GW...
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Greece
Bahas, Gramatidis & Partners LLP
Greece's geographical position as a gateway between the East and West renders the country highly attractive for investments in transport to take advantage of these increasing trade flows in an efficient and cost-effective manner. Culturally, personal relationships play a large role in Greek business culture, and verbal agreements are considered...
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India
AZB & Partners
AZB & Partners is advising BlackRock on the Indian aspects of their proposed acquisition of private equity firm, General Infrastructure Partners (GIP), for USD 12.5 billion.
Our M&A team comprised our Senior Partners Ashwath Rau, Atreya Bhattacharya, Senior Associates Vyjayanthi Raghu, Raina Upadhyay, and Associates Shubhalakshmi...
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New Zealand
MinterEllisonRuddWatts
MinterEllisonRuddWatts, member firm for New Zealand, calls itself future-focused.
They are proud to lead the way in the country's financial services, FinTech, and renewable energy industries in particular, and were the first New Zealand firm to explore the power of Artificial Intelligence (AI) with a joint venture in 2017.
Learn more about...
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India
AZB & Partners
AZB & Partners advised NTT Ltd. on the sale of its majority stake in Nihilent Limited (Nihilent) in a leveraged buyout to Arcalis Technologies Private Limited, a management-controlled entity. Nihilent offers consulting services and IT solutions to customers in the banking, media, retail, health-care and manufacturing industries and has presence...
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World Law Group has numerous opportunities for you to connect with your WLG colleagues over the next two months. RSVP below for upcoming events, including Practice Group meetings, programs ( WLG | impact '23 and WLG | beyond borders '23) , and more. Unless noted as open, events are for WLG members only . WLG jurisdictional participation...
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Zhong Lun Law Firm
"As a patent attorney, I work at the forefront of technology, and I am constantly fascinated by the ingenuity embodied in inventions in the field of green energy. Representing China's foremost comprehensive legal service provider, I am excited to join WLG's encyclopedic collection of expert attorneys, each at the pinnacle of their field of...
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USA
Lane Powell PC
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India
AZB & Partners
AZB & Partners acted for Siemens Energy in relation to the sale of its 18 per cent stake in Siemens Limited to Siemens Aktiengesellshcaft, Germany, for an aggregate consideration of INR 18,700 crores.
Our M&A deal team comprised our Senior Partner Darshika Kothari, Partner Sneha Nagvekar, Counsel Himanshoo Tembe and Associate Rithvik DGV. They...
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India
AZB & Partners
AZB & Partners is acting for First Solar India on the upcoming inauguration of its 3.3 GW fully vertically integrated photovoltaic (PV) thin film module manufacturing facility. This will be India’s first fully vertically integrated Photo Voltaic (PV) thin film module manufacturing facility to go live and among the world's largest solar...
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USA
Lane Powell PC
Many of us have our traditions to ring in a new year: taking down holiday decorations, making New Year’s resolutions, and organizing our homes and offices. But employers, especially in the Pacific Northwest, now have another New Year’s tradition: bracing themselves for a host of new employment laws.
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India
AZB & Partners
AZB & Partners has been representing Vivo Mobile India Private Limited (Vivo) and its employees in an investigation initiated by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002 (PMLA). The Firm has been successful in securing the release of two senior employees of Vivo arrested by the ED after the court...
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Philippines
SyCip Salazar Hernandez & Gatmaitan
This year, our lawyers and staff raised almost PhP700,000 to purchase the prescribed milk as well as gifts and snacks for 180 beneficiaries. The UP PGH Department of Pediatrics, through the Children Foundation Inc., received the remaining cash donation, which will be used for other needs of the children in the Hematology and Oncology section of...
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Latvia
Sorainen
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Indonesia
Makarim & Taira S.
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Singapore
WongPartnership LLP
WongPartnership, WLG member firm in Singapore, sees their people as their most valuable asset. The firm has an internal focus on community and employee engagement and sustainability on the ESG front, which is in line with the country's green focus, highlighted through the launch of the Singapore Green Plan 2030. Learn about the plan and more in...
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USA - California
Greenberg Glusker LLP
"Over the years I have noted that many of our attorneys here at Greenberg Glusker have relied on WLG in order to enable clients the global services they sometimes need. As a KCP I hope to become more integrated in making that happen for our clients and assist other WLG member firms in servicing their clients."
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France
Soulier Avocats
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Locke Lord LLP
The Founding Father of WLG, King Berlew, had a vision and poured his heart and soul into making that vision a reality. Seeing the globalization of some law firms, he acted to form a network of like-minded firms looking to focus on their local expertise while servicing clients' global growth strategies. The leadership he demonstrated all the way...
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Spain
Cuatrecasas
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Ukraine
On 22 November 2023, Resolution of the Verkhovna Rada of Ukraine No. 3489-IX approved the Decision of the National Security and Defence Council of Ukraine (the “NSDC”) dated 20 November 2023 “On the application of sectoral special economic and other restrictive measures (sanctions) to the russian federation and the republic of belarus in...
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Ireland
Mason Hayes & Curran
We review the three most significant legal developments during the past year in the area of Intellectual Property. These include the emergence of trade mark protection for well-known literary characters coming out of copyright, and a new wave of trade marks with a reputation in the area of copycat a
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Ireland
Mason Hayes & Curran
Ireland’s first piece of investment screening legislation has been signed into law by the President. It is anticipated that the Screening of Third Country Transactions Act 2023 will be implemented in early Q2 2024. Our Competition & Antitrust team considers the types of transactions which will be ca
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Ireland
Mason Hayes & Curran
We examine some of the main legal developments from the last 12 months affecting the governance of companies in Ireland, including ESG and the requirement for Irish company directors to provide their PPS numbers when making filings to the CRO. In addition, we review the Register of Beneficial Owners
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Ireland
Mason Hayes & Curran
In international contract cases, an agent’s authority can sometimes be disputed. When that happens, one needs to understand which law will decide whether the agent acted with authority. Dispute Resolution partners, Gearoid Carey and Gerard Kelly review a recent Court of Appeal decision which confirm
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Ireland
Mason Hayes & Curran
In a landmark decision overturning the Court of Appeal, the Supreme Court has determined that the delivery drivers of Domino’s Pizza were employees and not independent contractors. Our Employment Law & Benefits team reviews the implications of this decision for employers and those in the gig economy
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Thailand
Chandler MHM Limited
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Philippines
SyCip Salazar Hernandez & Gatmaitan
The Philippine Supreme Court released the results of the 2023 Bar Examination today, Tuesday, December 5, 2023. A total of 3,812 out of 10,387 examinees passed the 2023 Bar examinations, for a passing rate of 36.77%. Among the successful 2023 Bar examinees are all of the 19 newest SyCipLaw associates, who are joining the Firm in January 2024.
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Canada
Goodmans LLP
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Germany
Taylor Wessing
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USA
Lane Powell PC
United States: Oregon Consumer Privacy Act: Time to Get Ready, But Does It Apply to My Organization?
Ready or not, the Oregon Consumer Privacy Act (OCPA) is coming your way. Oregon joins several other states in passing comprehensive data privacy legislation.
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Uruguay
Guyer & Regules
Guyer & Regules, member firm for Uruguay, is proud to be considered a top firm in their country, frequently entrusted for international and domestic legal, accounting, and tax matters. They discuss the high points for investors, including the country's emergence as a regional hub for the fintech sector due to the tax benefits, technological...
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Gowling WLG
The GDP growth rate has been low in the United Kingdom since 2016, but according to Gowling WLG, member firm for England the headlines do not tell the entire story. "There are many parts of the UK economy that remain incredibly resilient and successful on a global basis. The City of London is a truly global financial center that raises and...
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United Arab Emirates
Al Tamimi & Company
With its roots in local mom-and-pop shops, the United Arab Emirates (UAE) now boasts a business landscape as a global hub for commerce. The UAE has strategically invested in tourism, which has emerged as a cornerstone of the economy, drawing millions of international visitors annually. Al Tamimi & Company captures the realities of doing business...
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Ireland
Mason Hayes & Curran
Membership of the European Union and Eurozone, ample opportunities for foreign investment in the technology and life sciences sectors, pro-business outlook: favoring green lights over red tape, and more make doing business in Ireland attractive. Learn about further business opportunities, the resilient economy supported by multinationals, and...
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Germany
Taylor Wessing
Taylor Wessing, one of WLG's two member firms for Germany, calls the country's stable economy, strategic location, skilled workforce, innovative drive, and supportive infrastructure the main advantages to doing business there. There is ample opportunity for foreign investment in the automotive industry. As the birthplace of the automobile,...
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Egypt
Al Tamimi & Company
According to Al Tamimi & Company (member firm for UAE) "Egypt's efforts to attract foreign direct investment are evident in various mega projects, including industrial and logistics zones, new administrative capital development, agricultural land reclamation, petrochemical plants, transportation network upgrades, and mineral resource...
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Canada
Goodmans LLP
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South Korea
Bae, Kim & Lee LLC
Member firm for South Korea, Bae, Kim & Lee LLC, outlines what sets them apart, and what to expect when conducting business in South Korea in 2023— "Korea is the tenth largest economy with the fifth largest manufacturing sector in the world, notably with leading semiconductor, automobile, and shipbuilding industries, with accompanying...
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Mexico
Santamarina y Steta S.C.
Mexico has established legal, accounting, and regulatory systems consistent with international norms and has improved nine places since 2017 in the Transparency International Corruption Perception Index. Paired with its competitive labor and manufacturing costs, this makes it a favourable country for foreign investment. Learn more about the...
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World Law Group's Executive Director, Beth Castro, has spent over two decades working closely with staff team colleagues and member firm lawyers and professionals. During that span, she has seen the network grow and mature, yet notes that WLG's focus on relationship building, client needs, and business development has not wavered.
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Spain
Cuatrecasas
One year after the entry into force of Act 16/2022, it is time to take stock. This guide presents the main milestones in the interpretation of the new pre-insolvency restructuring regime in light of the court rulings on certain transactions. We have analyzed 21 restructuring plans, including the main plans negotiated in Spain during this first...
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Canada
Goodmans LLP
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Chile
Urenda, Rencoret, Orrego y Dörr
Member firm for Chile, Urenda, Rencoret, Orrego y Dörr, shared valuable insights into doing business in their country— "For a long time, Chile has been an attractive destination for foreign investment despite its relatively small domestic market. The country has a solid legal system, low corruption rate, diversified economy, general respect...
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Hunton Andrews Kurth LLP
Hunton Andrews Kurth LLP, member firm for Texas-USA, spelled out what sets them apart in the business landscape in 2023— "We currently have a business-friendly climate in Texas. Our jurisdiction has seen a large, inbound increase of individuals and corporations relocating to our market. Texas boasts lower housing costs, lower tax rates, an...
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Canada
Goodmans LLP
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Indonesia
Makarim & Taira S.
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Bahas, Gramatidis & Partners LLP
"I’ve been with Bahas, Gramatidis & Partners LLP (BGP) for more than 33 years [since 1990] and have been involved in various WLG projects since BGP joined the organization! Since I have already built relationships, my addition to BGP’s Key Contact Partners is with a goal to continue assisting members."
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Germany
Taylor Wessing
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Dominican Republic
Pellerano Nadal
Partner, Marielle Garrigó , and senior associate, Eduardo Pellerano , recently contributed to the Dominican Republic’s M&A section of Lexology GTDT: Market Intelligence , in which they touched on current M&A trends, the most active sectors, and the legal and regulatory landscape, among other things.
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Germany
Taylor Wessing
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France
Soulier Avocats
An individual was prosecuted for unauthorized dumping of several tons of waste in the countryside. He was eventually acquitted on the basis of the principle of criminal legality.
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