Skip to content I. PRELIMINARY CONSIDERATIONS At present, guarantees of origin (GOs) are the only available mechanism for consumers in choosing (i.e., supporting) renewable sources of energy production; GOs have been designed at the EU level to support the financial viability of renewable energy projects and stimulate investments in the renewable energy sources (RES) sector. Currently, the GO
Effective January 1, 2022, and with the addition of sectors in which foreign investments are subject to prior authorization by the Minister of the Economy, France has taken another step in its ongoing expansion of foreign investment control. This initiative began in 2014, with the famous “Montebourg decree,” and has been further reinforced during the COVID-19 crisis.
The government of Brazil is continuing to push forward its plan to privatize a number of state-owned and state-controlled assets and expand partnerships with private companies. With this in mind, Ally Law member firm Cascione Pulino Boulos Advogados (São Paulo and Rio de Janeiro, Brazil) has created a portfolio that highlights potential opportunities arising as
The Tokyo High Court recently revoked the original administrative disposition of the National Tax Agency (hereinafter, the Tax Agency) regarding the tax treatment by Kokusai Kogyo Kanri Co., Ltd., a Japanese company (formerly Kokusai Kogyo Co., Ltd.; hereinafter, Kokusai Kogyo), of funds received from its U.S. subsidiary. With respect to the funds of $644,000,000 (JPY
On 28 May 2019, the World Health Organization announced a resolution encouraging Member States to “enhance public sharing of information on actual prices paid by governments and other buyers for health products, and greater transparency on pharmaceutical patents, clinical trial results and other determinants of pricing along the value chain from laboratory to patient.” The resolution also urged Member
Hong Kong and China have taken a major step forward in legal collaboration, with a reciprocal deal to recognise and enforce judgments in certain types of cases. The historic move will bring clarity and reduce litigation costs. On 18 January 2019 in Beijing, Hong Kong’s Secretary for Justice, Teresa Cheng, and the Vice-President of the
The recent release of the luxury superyacht, Equanimity, by the Indonesian government to Malaysia has raised issues concerning the billion-dollar vessel’s ownership and title. The yacht was also one of the assets that the US Department of Justice (DOJ) wanted seized in connection with multibillion-dollar kleptocracy suit filed by the DOJ in 2016. Malaysia’s Attorney
On 18 July 2018, California Governor Jerry Brown signed Senate Bill 766, which amends the California International Arbitration and Conciliation Act (Cal. Civ. Proc. Code § 1297.11 et seq.) to expressly allow out-of-state and non-US lawyers to represent and assist parties in international arbitration or related proceedings seated in California. Senate Bill 766 brings clarity
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 recently made the set-up process of such an office more investor friendly. Previously, prior to
India may be the world’s fastest growing economy in 2018 with growth expected to accelerate to 7.3% year, according to the World Bank’s Global Economic Prospects Report 2018. significantly, India also improved its ranking in the World Bank’s Ease of Doing Business Index 2018. These developments can be attributed to the Government of India’s ongoing
