For those who have tracked the Indian aviation market over the last few years, the recent developments at Jet Airways may perhaps be a déjà vu moment. Ironically, just as India is basking in its status as one of the … […]
A “Representative Office” allows a foreign investor to evaluate potential market opportunities without the need to establish a subsidiary in Thailand. Thus, it provides an interesting vehicle for foreign investors who may be considering entering the Thai market. Thailand has … […]
On 8 May 2018, Scott Morrison, Treasurer of Australia, delivered the 2018 budget. In addition to a number of tax cuts and related proposals, the budget includes new measures to increase director liabilities and compliance, specifically targeting illegal company ‘phoenix … […]
What type of legal entity should I form for my business? The answer to that question depends on, among other factors, the type, the size, the management, and the intended purpose of the business, and the country or jurisdiction in … […]
Russell Kennedy Lawyers, the Ally Law member firm located in Melbourne and Canberra, Australia, has published its Doing Business and Investing in Australia Guide providing a general overview of the key legal issues of which foreign organisations should be aware … […]
In May 2017, the Deutsche Bundestag adopted a draft law for the implementation of the Fourth European Union Anti-Money Laundering Directive, as well as to execute the new EU money transfer regulation, among others. This summer this new version of … […]
This month the Canadian Department of Finance released legislative proposals (Proposals) relating to tax planning using private corporations which will have far-reaching impact. In general, the Proposals will will eliminate most common income splitting strategies used by small businesses. If … […]
Ally Law member Kemp Strang, based in Sydney, Australia, has published a white paper on multi-lender financing, the arrangement by which two or more lenders agree to meet the financing requirements of a particular borrower or borrower group. While multi-lender financing has been … […]
The terms corporate governance and legal risk are much bandied about but hold different meanings for different people. Ally Law member firm Russell Kennedy of Australia notes that typical interpretations include: Minimising Liability – particularly steps to reduce liability and … […]
On March 1, 2017 the New York State Department of Financial Services’ (NY DFS) Cybersecurity Requirements for Financial Services Companies (the Regulations) went into effect. The Regulations apply to any entity or organization “operating under or required to operate under … […]
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