FSC Announces Guidelines on Determining NFTs’ Status as Virtual Assets
On June 10, the Financial Services Commission (FSC) released the “Guidelines on Determining NFTs’ Status as Virtual Assets” (Guidelines).
The Validity of “Knock for Knock Clause” in Ocean Towage Agreement
Preface The Chinese Supreme People’s Court released the 2022 Analysis of Outstanding Cases of National Court System recently.
Should the Shipyard be Liable for the Delay in Ship Repair?
Case Background In February 2022, the Vessel “SH” grounded off the coast of the Philippines. In March, the Owners asked Shipyard “C” to provide a quotation and the estimated repair duration based on the DD repair specification provided.
How China’s Newly Amended Civil Procedure Law May Influence International Shipping and Maritime Cases?
New amendments to the Civil Procedure Law of PRC (“CPL”) that optimize procedures for foreign-related civil cases will take effect since 1 January 2024,
Soybean Cargo Damage Claim – Should Carrier be held liable?
Soybeans are the most important feed grains imported by China, mainly used as protein supply in animal feeding and for extracting edible oil.
Latest SPC Adjudication: Carrier’s Liability for Cargo Loss or Damage in Sea Carriage shall be Limited to the Lost Cargo Value as per Article 55 of the CMC
Abstract: In a recent SPC retrial decision, the SPC held that, considering the literary meaning, interrelation, and legislative intention of Articles 46, 55, and 56 of the China Maritime Code (CMC),
Dealing with authorised push payment (APP) fraud in the UAE
What is authorised push payment (APP) fraud? APP fraud is where victims are induced by a fraudster to make a payment from their own account to an account controlled by the fraudster.
“Earned Media” – Legitimate Publicity for Medical Products or Disguised Product Promotion?
It should come as no surprise that the marketing of pharmaceutical products is regulated – and that even advertisements of such products are regulated.
The Value and Significance of the Rare Earth Antitrust Litigation –At the Juncture of the Supreme Court Judgment
At the onset of 2024, AnJie Broad’s antitrust team secured a pivotal second instance judgment from the Supreme People’s Court of China (“the Supreme Court”) in the rare earth antitrust litigation.
An Unruly Horse: The Unpredictable Nature of Public Policy in “Annulment” and “Recognition” Actions
“With regret, this is one such case in which I have found that the conduct of the arbitrator in the course of the hearing is so egregious, that Lee has been denied due process and deprived of his right to a fair hearing.”