On 17 June 2020, the National Assembly of Vietnam passed the Law on Investment (LOI 2020), five years after the current Law on Investment 2014 (LOI 2014) came into effect. The LOI 2020 takes effect from 1 January 2021, but many provisions of this new law reflect policy movements introduced more than a year ago
A company and its management have an obligation to disclose all material information that a reasonable investor would want to know prior to making an investment in the company. Information is material if there is a substantial likelihood that a reasonable investor would consider it important in determining whether or not to make an investment.
In recent days, UK and US government agencies have issued bulletins and updated guidance that will affect travelers, owners of homes outside of their country of residence, and employers and employees seeking work visas. In the UK, despite the restrictions on travel as a result of COVID-19, over the summer there has been a surge
As part of its ongoing effort to modernize and simplify disclosure obligations applicable to public companies, the US Securities and Exchange Commission (SEC) recently adopted amendments to certain requirements set forth in Regulation S-K. These amendments impact the description of business (Item 101), disclosure of legal proceedings (Item 103) and disclosure of risk factors (Item
These days, digitalization is essential for companies in France and elsewhere wishing to offer their products and/or services to the public — especially in the midst of the current COVID-19 health crisis. The following five “rules” can help: Rule 1: Contractually supervise the IT developments of a third party. In particular, businesses should define project
Ally Law – The Commonwealth Parliament of Australia recently passed the Commonwealth Registers Act 2020, which — upon commencement and with amendments to existing legislation — will require directors of Australian companies to apply for and be issued a unique Director Identification Number (DIN).
In recent years, the US Patent and Trademark Office (USPTO) has launched several fast-track initiatives — including the electronic priority document exchange (PDX) program and the Global PPH and IP5 PPH pilot programs under the Patent Prosecution Highway (PPH) — to minimize fees and help accelerate the patent-examination process. Effective July 2, 2020, a new
For the first time in nearly 40 years, Hong Kong has increased maternity leave, which — together with other legislation passed recently — also provides additional protections for breastfeeding mothers. Under the Employment (Amendment) Bill 2019, passed by the Legislative Council in July 2020, statutory maternity leave under the Employment Ordinance in Hong Kong will
On July 8, 2020, the Internal Revenue Service (IRS) issued Notice 2020-54, which provides guidance to employers on reporting qualified sick and family leave wages paid to employees under the Families First Coronavirus Response Act (FFCRA). Enacted this past March 2020, the FFCRA generally requires employers with fewer than 500 employees to provide paid leave due
Yesterday, the Supreme Court of the United States issued a landmark civil rights decision, in three cases that had been consolidated together — Bostock v. Clayton County, Georgia, Altitude Express, Inc. v. Zarda, and R.G & G.R. Harris Funeral Homes, Inc. v. EEOC. The Court held that Title VII of the Civil Rights Act’s mandate that employers cannot