The Prohibition on the Purchase of Residential Property by Non-Canadians Act will come into force on January 1, 2023, as one of several measures enacted by the federal government to target soaring housing prices, increase supply and curb foreign investor speculation.
Authored by our members, this blog features updates about legal and business trends, the impact of changes in law and other topics of interest affecting multi-jurisdictional businesses.
California governor Gavin Newsom recently signed into law the state’s Age-Appropriate Design Code Act (the Act).
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 quits shortly after beginning work.
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.
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.
Ally Law’s Istanbul member firm prepares a quarterly report to provide updates on recent developments in legislation and case law in Turkey.
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.
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.
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 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 in court.