{"id":21527,"date":"2020-05-19T09:14:16","date_gmt":"2020-05-19T09:14:16","guid":{"rendered":"https:\/\/www.legal500.com\/events\/?page_id=21527"},"modified":"2021-02-24T16:51:58","modified_gmt":"2021-02-24T16:51:58","slug":"challenges-and-opportunities-in-china","status":"publish","type":"page","link":"https:\/\/my.legal500.com\/events\/webinars-home\/challenges-and-opportunities-in-china\/","title":{"rendered":"Challenges and opportunities in China after Covid-19"},"content":{"rendered":"<p><span style=\"color: #201f1e;\">The Legal 500 and Dentons China hosted a webinar to explore imminent risks and future challenges in China, during and after Covid-19.\u00a0<\/span><!--more--><\/p>\n<p>The full agenda included:<\/p>\n<p><strong>\u00a0<\/strong><strong>A summary of the most recent judicial interpretations<\/strong><\/p>\n<ul>\n<li>The Supreme Court\u2019s comment on potential unilateral terminations due to Covid-19<\/li>\n<li>Key points on labour dispute trials abstracted from the high courts of Beijing, Shanghai and Guangdong<\/li>\n<\/ul>\n<p><strong>Employer\u2019s actions and options<\/strong><\/p>\n<ul>\n<li>Salary cut negotiations<\/li>\n<li>Redundancy<\/li>\n<li>Potential employer liabilities<\/li>\n<\/ul>\n<p><strong>Crisis management from a transactional perspective and the outlook for the ESG ecosystem<\/strong><strong>\u00a0<\/strong><\/p>\n<ol>\n<li><strong> The impact of Covid-19 on cross-border corporate transactions<\/strong><\/li>\n<\/ol>\n<ul>\n<li>Foreign Direct Investment, ODI, overseas financing and capital market, and some common provisions as well as specific deal structures<\/li>\n<\/ul>\n<ol start=\"2\">\n<li><strong>Common provisions of deal transactions<\/strong><\/li>\n<\/ol>\n<ul>\n<li>Recitals (signing parties, on-site to online execution, taking into account the laws and regulations of different jurisdictions for execution requirements)<\/li>\n<li>Definitions of &#8216;business working days&#8217;<\/li>\n<li>Representations and warranties: revisiting the accuracy of insurance<\/li>\n<li>Conditions precedent and long-stop date: revisiting specific requirements of the counterparty (SOE, government approvals, no &#8216;gun jump&#8217; filings)<\/li>\n<li>Break-up fees: valuation melt-down during Covid-19<\/li>\n<li>MAE: layoffs and new product lines<\/li>\n<li>Force majeure<\/li>\n<li>Dispute resolution: arbitration or court? Online or offline?<\/li>\n<\/ul>\n<ol start=\"3\">\n<li><strong> Specific provisions of a typical transaction<\/strong><\/li>\n<\/ol>\n<ul>\n<li>The impact of new FDI laws on typical transactions (new 2020 FDI laws and simplified filing procedure, with different local practice, cross-border IP registration and protection)<\/li>\n<li>ODI (bidding process, how DD is conducted during COVID-19, including environment and employment DD, insurance of representations and warranties, and payment schedule and merger loans)<\/li>\n<li>Overseas PE\/VC transactions (valuation adjustment mechanism in pre-IPO transaction documents, and QIPO definition)<\/li>\n<\/ul>\n<ol start=\"4\">\n<li><strong> The ESG ecosystem<\/strong><\/li>\n<\/ol>\n<ul>\n<li>The trend toward an ESG (Environment, Society and Governance) eco-system in China<\/li>\n<li>Disclosure requirements of the main stock exchange to reduce the due diligence costs and potential risks<\/li>\n<li>Tax benefits<\/li>\n<li>TRIPS protection and exemption (encourage to obtain IPs while promote public interest during Covid-19)<\/li>\n<\/ul>\n<h3>Articles<\/h3>\n<p>For more information on the speeches given please see the articles below:<\/p>\n<ul>\n<li>&#8216;Key Points under PRC Employment and Labour Law during COVID-19&#8217; &#8211; Shane Luo (<u><a href=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/07\/Article-for-Legal-500-Shane-Luo.docx\">English<\/a><\/u>) (<u><a href=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/07\/Article-for-Legal-500-Shane-Luo-Chinese.docx\">Chinese<\/a>)<\/u><\/li>\n<li>&#8216;Impact of COVID-19 on Cross Border Transactions&#8217; &#8211; Willow Wei (<u><a href=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/07\/willow-wei-article-english.pdf\">English<\/a><\/u>) (<u><a href=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/07\/willow-wei-article-chinese.pdf\">Chinese<\/a><\/u>)<\/li>\n<\/ul>\n<h3>Speakers<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-21529 size-thumbnail\" title=\"Shane Luo, Dentons\" src=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Shane-Luo-crop-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Shane-Luo-crop-150x150.jpg 150w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Shane-Luo-crop-100x100.jpg 100w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Shane-Luo-crop.jpg 226w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-21531 size-thumbnail\" title=\"Willow Wei, Dentons\" src=\"https:\/\/www.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop-150x150.jpg 150w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop-300x300.jpg 300w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop-768x768.jpg 768w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop-100x100.jpg 100w, https:\/\/my.legal500.com\/events\/wp-content\/uploads\/sites\/5\/2020\/05\/Willo-WEI-crop.jpg 780w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/p>\n<ul>\n<li>Shane Luo, partner, Dentons<\/li>\n<li>Willow Wei, counsel, Dentons<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Legal 500 and Dentons China hosted a webinar to explore imminent risks and future challenges in China, during and after Covid-19.\u00a0<\/p>\n","protected":false},"author":20,"featured_media":22425,"parent":20789,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-21527","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/pages\/21527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/comments?post=21527"}],"version-history":[{"count":1,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/pages\/21527\/revisions"}],"predecessor-version":[{"id":25627,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/pages\/21527\/revisions\/25627"}],"up":[{"embeddable":true,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/pages\/20789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/media\/22425"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/events\/wp-json\/wp\/v2\/media?parent=21527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}