Proposed Amendments To Thai Real Estate Law
Thai business media have reported that sources in the Thai government leaked information stating that laws and regulations on land ownership for foreigners could be set to change, so foreigners would have the option to buy and own a detached house, including the land on which the house is built, as long as the value …
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CCI order on WhatsApp policy: Is CCI filling up the vacuum of the Data Protection Regulator?
In a recent order dated 24th March 2021, the Competition Commission of India (“CCI”) has taken suo-motu cognizance of the updated privacy policy and terms of services of WhatsApp which were rolled out by WhatsApp on 4th January 2021 (“Updated Policy”).[1] It directed the Director General to investigate the anti-competitive issues in relation to the …
The Unification of Judgments Decision of the Court of Cassation on Notification Law
Introduction The Decision of the Court of Cassation Great General Assembly on the Unification of Judgments (“Assembly”) dated 20.11.2020 and numbered 2019/2 E., 2020/3 K. (“Decision”) was published in the Official Gazette dated 20.04.2021 and numbered 31460 and resolved the differences in opinion and application among the Court of Cassation General Assembly of the Civil …
Singapore Convention and Enforcement of Settlement Agreements in Turkey
Introduction The United Nations Convention on International Settlement Agreements Resulting from Mediation (“Singapore Convention”) was adopted by the United Nations General Assembly on 20 December 2018. It was signed by Turkey on August 7, 2019, when it was opened for signature. Finally, the Presidential Decision dated 21 April 2021 and numbered 3866 on the ratification …
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Shareholders’ Agreements in Family Businesses
Introduction Family businesses, in the simplest definition, are companies in which the company shares, or the authority to manage the company, belongs to various members of a family. The most significant issues that must be addressed in these companies are institutionalization, and the prevention or minimization of the effects of disagreements between family members on …
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Recent Regulations Regarding Electricity Storage Activity
Introduction Technology has evolved to the point, today, where we use the energy we obtain from different sources most commonly in the form of electrical energy. Electricity is an ideal form of energy through which to perform our daily tasks due to its ease of transfer and conversion to different energy forms.
Liability in Primary Employer and Sub-Employer Relationship
Introduction Under labor and social security law, it is essential for the employer to carry out business with its employees. However, in the legislation, the sub-employer concept has been regulated by providing the opportunity to gain support from another employer and its employees in some parts of the work, wherein the employer and, therefore, its …
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Restructuring in Malaysia and investment opportunities going forward
In this video, we have Ravindran Navaratnam from Sage 3, a boutique advisory practice providing specialist advice in Malaysia, share with us his valuable insights into the history of restructuring in Malaysia. Ravindran also speaks about possible distress investment opportunities in Malaysia. Sage 3 and Ravi have been involved in numerous complex restructuring deals in …
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Brazil decides not to renew Bilateral Agreements on maritime transportation with Argentina and Uruguay
On May 3, 2021, Brazilian government announced Brazil will not renew the Bilateral Agreements on maritime transportation, which were in force since 1985 and 1976, respectively.
Ukraine introduces a new package of sanctions against 674 individuals and 138 companies
On Friday 21 May 2021, the President of Ukraine signed a presidential Order enforcing the National Security and Defense Council Decision of 14 May 2021 “On Imposition of Personal Special Economic and Other Restrictive Measures (Sanctions)” (the “NSDC Decision”).