News & Analysis as of

Multinationals

German Co-Determination Laws are Compliant With EU Law

by Bryan Cave on

July 18, the European Court of Justice (ECJ) followed the Advocate General`s motions to hold German laws on Employee Representation on Board Level do not violate EU law. Thus, the exclusion of all employees of global group...more

The L-1 Category: 3 Tips to Help Your Petition Withstand Scrutiny When Filing at USCIS

With the annual H-1B visa cap posing considerable staffing issues for U.S. employers requiring highly skilled workers, multinational corporations may increasingly turn to the L-1 visa to meet their need for knowledgeable,...more

Restructuring and Insolvency Bulletin Issue 1 - 2017 - Cross border restructuring landscape continues to evolve – EU and Singapore...

by Dechert LLP on

Legislative changes in Singapore and the EU introduce pre-insolvency processes facilitating non-consensual debt restructurings or cram downs comparable to those already available in London and New York. In particular, the EU...more

Supreme Court Seeks Input of United States in International Price-Fixing Case - Request Could Signal Intent to Review Second...

by Holland & Knight LLP on

The U.S. Supreme Court on June 26, 2017, took the somewhat unusual step of inviting the Acting Solicitor General to express the views of the United States regarding Animal Science Products, Inc. v. Hebei Welcome...more

The Mutual Agreement Procedure: A Taxpayers' Tool Reinvented

by DLA Piper on

Tax risks of multinational enterprises are expected to continue to increase post-BEPS as tax authorities globally increase their scrutiny on their cross-border tax transactions. This trend is anticipated in the OECD/G20...more

An American Tech Company in King Brussels’ Court: A Cautionary Tale

by Poyner Spruill LLP on

The European Union’s antitrust regulator recently imposed a record €2.42 billion fine against Google, finding that the company had “abused its market dominance as a search engine by giving an illegal advantage to another...more

Amendment To Japan’s Omnibus Data Protection Law Mean New Compliance Requirements For U.S. Multinational Employers With Operations...

by Littler on

Effective May 30, 2017, Japan amended its omnibus data protection law, the Personal Information Protection Act (“PIPA”), to add new compliance requirements that will have an immediate impact on many U.S. multinational...more

Guidance for Companies Picking a State for Operations in the U.S.

New District Court Opinion Discussing the Scope of Specific Jurisdiction After Bristol-Myers Squibb Co. v. Superior Court of San Francisco County,582 U.S. ____ (2017) – Wow, that was quick! A District Court Judge from the...more

Private capital update: Plenty of dry powder, but few targets of opportunity

by Thompson Coburn LLP on

If there were a few overarching themes of the first quarter of 2017 in the private capital community, they would be the following: The fundraising environment remains robust, but capital continues to flow...more

NDRC’s Probe of the Foreign Finance Sector May Signal Increased Antitrust Enforcement Risks Related to SSA Market and Beyond

by Ropes & Gray LLP on

Recent press reports in China have indicated that China’s National Development and Reform Commission (NDRC), one of China’s three antitrust regulators, is launching an inquiry into firms in the foreign finance sector to...more

China's State Secret Laws: Five Unique Risks for Working With SOEs

by Kobre & Kim on

Despite opening its borders, the Chinese state still controls certain industries through majority or sole ownership. To participate in these industries, multinational companies must often set up equity or contractual joint...more

Countering counterparty insolvency

by Hogan Lovells on

These days, the threat of counterparty insolvency looms over the energy sector: whether it is a natural disaster or precipitous decline in the price of oil, perhaps no industry is more susceptible to the financial decline and...more

[Webinar] What TC Heartland Means for Your Business: Practical Strategies For The Next Era Of Patent Litigation - June 29th,...

by BakerHostetler on

This timely webinar will provide insight for business leaders and legal counsel on the implications of the recent U.S. Supreme Court decision in TC Heartland LLC v. Kraft Foods Group Brands LLC, which has reshaped procedural...more

Inbound and Outbound U.S. Tax Planning - What's Left After the MLI?

On June 7, 2017, the formal signing ceremony of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the “Multilateral Instrument” or “MLI”) took place. ...more

Milan proposes an attractive tax regime – interplay with existing Italian tax rules and some key points

by DLA Piper on

In the international competition for investors and multinationals, Italy has emerged as a contender. Now the Metropolitan City of Milan has upped the ante, seeking to provide its own incentives to attract more investments...more

PRC Cybersecurity Law: take action and monitor developments to avoid losing your China business

by DLA Piper on

The PRC Cybersecurity Law is three weeks old, and non-compliant international businesses are already facing severe consequences. Since 1 June, twenty-two people engaged by a global technology giant have been arrested, and...more

China Employment Law Alert: New Work Permit Policy for Expats in China

by Seyfarth Shaw LLP on

Seyfarth Synopsis: A new Work Permit Policy (Policy) is being implemented in China. The Policy had been initially implemented, from October 2016 to March 2017, through a pilot program in a number of regions including...more

Cartel Enforcement Global Review - June 2017

by DLA Piper on

DLA Piper is proud to present the 2017 global review of cartel enforcement, which provides insights into trends that have emerged around the world in recent years, using our global network of competition and antitrust lawyers...more

More than 60 countries sign OECD multilateral convention to counter base erosion and profit shifting

by DLA Piper on

This week's signing ceremony for the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS marks a new and important milestone in the international tax agenda to tackle perceived abusive...more

Big Changes May Be Coming to Argentina’s Data Protection Laws

by Bryan Cave on

Two important changes are underway if you do business in Argentina. In 2003, Argentina was the first Latin American country to be recognized as an adequate country by the European Commission....more

Group Insolvency Proceedings Under the Revised EU Insolvency Regulation

by Jones Day on

Restructuring an international group of companies in Europe continues to be challenging. While companies can transact business freely across European borders, coordination between the stakeholders involved in a cross-border...more

How to Comply with the New General Data Protection Regulation: A Q&A with Partner Gail Crawford and Counsel Ulrich Wuermeling

by Latham & Watkins LLP on

In less than one year, from 25 May 2018, the General Data Protection Regulation (GDPR or Regulation) will become enforceable. The GDPR introduces a rigorous, far-reaching privacy framework for businesses that operate, target...more

Human rights claims against English-based multinational energy companies

by Hogan Lovells on

London is home to some of the world's largest multinational energy companies. In recent years, they have become the targets of claims for alleged human rights violations committed overseas. In this article, we consider the...more

Another Key Decision on Corporate Separateness – High Court Finds That There is No Arguable Case for Unilever to be Held Liable...

by Latham & Watkins LLP on

In a recent decision, the High Court has ruled that Unilever plc (Unilever), the ultimate holding company of the Unilever Group, does not owe a duty of care to protect the employees and residents of a tea plantation owned and...more

The Netherlands proposes changes to dividend withholding tax

by DLA Piper on

The Dutch government has released an attractive proposal to fully exempt withholding tax on dividends paid to non-resident shareholders in treaty countries provided certain conditions are met. Many multinational enterprises...more

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