The Turkish Competition Authority Publishes its Final Report on its E-marketplace Sector Inquiry
The Turkish Competition Authority (“Authority”) published its Final Report on the E-Marketplace Sector Inquiry (“Final Report”)[1] on April 14, 2022, after a period of almost a year after publishing its Preliminary Report on the E-Marketplace Sector Inquiry (“Preliminary Report”)[2] on May 7, 2021.
Shareholder Meeting Digitalization in Japan
I. Introduction While discussions about the digitalization of shareholder meetings have been gradually increasing in recent years, the COVID-19 pandemic has drastically accelerated the digital movement in Japan. On June 16, 2021, legislation came into force permitting listed companies to hold exclusively virtual shareholder meetings. Similarly, legislation allowing the electronic distribution of shareholder meeting materials …
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Progress in the Human Rights Due Diligence in Japan
I. Introduction ESG is facing increased attention from various stakeholders, including regulators, investors and consumers, and among all, human rights, which is positioned as S in ESG, increases the need for due diligence in recent years. METI (The Ministry of Economy, Trade, and Industry) and MOFA (The Ministry of Foreign Affairs) conducted a survey last …
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EVALUATION OF THE INITIAL COIN OFFERING (ICO) UNDER TURKISH LAW INTRODUCTION
Authors: Özlem Bulut Penezoğlu and Ece Tok, Penezoğlu Law Firm
DATA PRIVACY LAW IN PAKISTAN AND ITS APPLICABILITY TO EMPLOYMENT PRACTICES
1. THE LAW 1.1. Key legislation and regulations In the main Employment Law or Labour Law as it is more commonly referred to in Pakistan is applicable to lower cadre employees who may be skilled or unskilled. Examples of lower cadre unskilled workers are drivers, gardeners whereas skilled lower cadre employees can be technicians, clerks, …
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A Ready Reckoner on NFTs – Ownership, Taxation & More
Cryptocurrencies can be broadly divided into two categories, the first being coins, and the second one being tokens. Both are unequivocally dependent on the blockchain technology to exist, however, the implication differs. Coins require an independent blockchain altogether to function, whereas tokens can function on another blockchain’s technology. For instance, Ethereum is a coin which …
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Invocation of the Pledge by Creditors – A Deep Dive Analysis
The Supreme Court has recently answered the conundrum surrounding the impact of invocation of pledge vis-à-vis the actual discharge of the debt in the matter of PTC India Financial Services Limited (PFS) v. Venkateswarlu Kari and Anr[1]. The said judgment of the Hon’ble Supreme Court affirmatively states that mere registration of the pawn i.e. the …
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TREATMENT OF LEASE RENTALS IN CASE OF A COMPANY UNDER GOING CORPORATE INSOLVENCY RESOLUTION PROCESS – A Catch 22 Situation
A property’s owners have an undisputed right over the property under ownership. Such undisputed right, including the right to use the property more often than not, is leased out to by the Owners against payment of lease rentals. The jurisprudence behind the treatment of the Landlord and the outstanding lease rentals by a Company undergoing …
Revision of PRC Copyright Law and its impact to the IP landscape in China
The Copyright Law of China was first enacted in 1990, and was revised twice in 2001 and 2010, respectively. The third revision of the law, which commenced on 13 July 2011, finally came into place after 10 years of efforts. The revised law was approved by the Standing Committee of National People’s Congress of China …
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Major changes to patent laws in China
On 17 October 2020, the Standing Committee of China’s National People’s Congress passed a new amendment to the Patent Law of the People’s Republic of China (“Patent Law”) which will take effect on 1 June 2021. This amendment will mark only the fourth change since it was first introduced in 1983, as well as the …