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Global Matters

Clawback of UK Sponsorship Immigration Fees

In a recent post on their Immigration blog, Linky Trott (partner) and Sundeep Rathod (senior associate) of Ally Law member firm Edwin Coe discussed the options available to employers to recoup the fees associated with sponsoring a foreign skilled worker to work in the UK, should the worker decide not to join the employer, or

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Poland’s Amended Code of Commercial Companies Takes Effect on 13 October 2022

On 13 October 2022, amendments to the Code of Commercial Companies (hereinafter referred to as the Code) applicable to capital companies will come into force. The amendments will apply, in particular, to a supervisory board, but the modifications will also influence other authorities of a limited liability company (LLC) and a joint stock company. In

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EEOC Provides New COVID-19 Workplace Guidance (Again)

Given the easing of the pandemic, the US Equal Employment Opportunity Commission (EEOC) has once again updated its guidelines relating to employers’ handling of COVID-19. These adjustments reflect the evolving nature of the pandemic and serve as a reminder that what was appropriate in 2020 and 2021 may no longer be the case. Most recently, the EEOC

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Australia’s Foreign Investment Review Board Application Fees to Double

As of 29 July 2022 and under newly imposed regulations, fees payable to Australia’s Foreign Investment Review Board (FIRB) for applications for foreign investment transactions will double. Background During the 2022 federal election campaign the Labor Party committed to addressing housing affordability in Australia with its “Help to Buy” initiative, which proposes to cut the

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Recent Legislative Amendments and Case-Law Developments in Turkey

Ally Law’s Istanbul member firm prepares a quarterly report to provide updates on recent developments in legislation and case law in Turkey. In its most recent, second-quarter update for 2022, the firm offered insights into the following: An increase in the minimum wage New rules for commercial cash loans Corporate tax exemptions for income gained

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US Supreme Court Holds that Federal Arbitration Act Does Not Favor Arbitration

A recent decision of the United States Supreme Court has resolved a disagreement among lower federal courts about the significance of arbitration provisions in contracts. In support of adopting such rules, nine of the eleven federal circuits previously cited the common refrain that the Federal Arbitration Act (FAA) created an overriding federal policy favoring arbitration. In a

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European Securities and Markets Authority Argues for More Investor Protection

The European Securities and Markets Authority (ESMA) was asked by the European Commission to investigate the state of investment protection and, based on its findings, to provide recommendations. ESMA submitted a Final Report on 29 April 2022 that contains several recommendations for the Commission to consider. The report is another step in furtherance of the

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Brazil’s Competition Agency Expands Scrutiny of Exclusivity Clauses and Mergers

Since early 2022, Brazil’s Administrative Council for Economic Defense (Conselho Administrativo de Defesa Econômica, or CADE) has increasingly raised concerns over the potential anticompetitive effects of exclusive dealing arrangements and exclusivity clauses in unilateral conduct investigations and merger cases. On the other hand, CADE has reaffirmed its understanding that exclusivity clauses are not illegal, per

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US Employers Prohibited from Requiring Arbitration for Sexual Misconduct Claims

On March 3, 2022, US President Joe Biden signed into law the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021, which amends the Federal Arbitration Act to give employees who have arbitration agreements with their employers the option of bringing claims of sexual assault or sexual harassment either in arbitration or

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Use of Digital Signatures in e-Financial Transactions in Vietnam

In Vietnam, the increase in e-commerce over the past two years — as a result of the COVID-19 pandemic — has gone hand in hand with increased use of cashless payments and online banking transactions. To this end, digital signatures have played an essential role in the digitization strategy of the country’s banking sector. However,

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