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Legal Developments - Law Firm Thought Leadership by Josephine, L K Chow & Co

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KFTC Proposes Revisions to Merger Review Guidelines and Merger Filing Guidelines

Lee & Ko | January 24, 2023

The Korea Fair Trade Commission (“KFTC”) proposed revisions to the Merger Review Guidelines and the Merger Filing Guidelines to facilitate merger reviews of certain investments and to expedite their review process.  With the number of filings increasing from 701 in 2018 to 1,113 in 2021, the KFTC is seeking to enhance efficiency in the merger …

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LEGALITY OF VOLUNTARY RESIGNATIONS IN INDIA

Majmudar & Partners | January 19, 2023

In November 2022, Amazon initiated a voluntary separation program (“VSP”) which allowed eligible employees to resign voluntarily from employment in exchange for specific severance benefits, including twenty-two (22) weeks’ base pay, one (1) week’s base salary for every six (6) months of services, up to a maximum of twenty (20) weeks, medical insurance for six …

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Strength in numbers – How class actions enable individual voices to be heard.

Galadari Advocates & Legal Consultants | January 19, 2023

It may have happened to you. You made an investment in a publicly listed company based on their information, only to later learn it was misleading, or you purchased a product only to later discover it was harmful. In both cases, your loss might be less or more severe in either situation. If several people have …

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CLASSIFICATION OF SUSTAINABILITY LINKED DERIVATIVES IN INDIA

Juris Corp | January 18, 2023

Sustainability Linked Derivatives (“SLDs”) are emerging as a powerful new instrument in the toolkit of financiers globally in the context of the growth of use of Environmental Social and Governance (“ESG”) factors in the financial world. For an orderly evolution, a suitable regulatory framework suited for this type of derivative contract is a must. SLDs …

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ONLINE GAMING INDUSTRY GROWTH- INDIA IS NO EXCEPTION

LEGALLANDS LLP | January 18, 2023

Early 2000s console and PC gaming introduced countless people to digital gaming platforms which marked the beginning of online gaming business across world. Increasing demands for games and a high user base demonstrated the growth of online gaming industry and India is no exception to this.

Reduction of Land Office Registration Fees in 2023

FRANK Legal & Tax | January 16, 2023

Thailand’s cabinet on Tuesday, 20th December 2022 approved tax measures to help boost public consumption to stimulate the economy moving into recovery. Land and property tax was reduced to 15% along with some registration fees being cut for the year 2023.

Belport Development Limited v Chimichanga Corporation: Turkish and BVI Courts Differ on Attorney Eyes Only Orders in Arbitral Proceedings

Basgül Attorneys at Law | January 16, 2023

This article is about an ICC award, the recognition and enforcement of which was (i) permitted by the High Court of Justice of the British Virgin Islands (the “BVI Decision”) [1]; but (ii) refused by the Turkish Court of Cassation (the “Turkish Decision”) [2]. The central issue in both proceedings was whether the arbitral tribunal’s …

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Accidents on the Ski Slopes – How to claim compensation

Giambrone | January 16, 2023

Winter sports are exciting and highly popular activities.  The Association of British Travel Agents (ABTA) in its latest consumer report, suggests that an estimated 1.7 million people are planning or have already booked a winter sports break this season, with many looking forward to skiing or snowboarding.  For some, it will be the first time …

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SPORTS LAW- LEGAL FRAMEWORK BY LL – Vol. 2

LEGALLANDS LLP | January 16, 2023

“Sports is leisure, played for fun, entertainment and a royal’s competition” had gone into history and nowadays sports are a full-fledged profession and structured as an organized Industry. The international sports bodies took the initiative to organize international events amongst countries with broadcasts of the same to people across nations, which glued everyone to watch …

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SPORTS LAW EVOLUTION – AN INTRODUCTION BY LL VOL-1

LEGALLANDS LLP | January 16, 2023

The world has recently witnessed the most prominent Sporting event “FIFA World Cup” played in Qatar. The event intrigued everyone to watch the games or know which team played well in the tournament.  The event achieved a record of 5.4 billion cumulative views on different platforms throughout the tournament. Wherein, India has also created history …

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