The New Trump Tariffs Tariffs are a powerful tool for reshaping international trade and protecting domestic industries. However, their effects invariably ripple across entire supply chains, impacting foreign manufacturers, importers, wholesalers, retailers, and ultimately, consumers. With the latest Trump tariffs now in play, businesses must navigate new economic realities, legal pitfalls, and strategic challenges. This
The Power of Term Sheets Our international manufacturing lawyers are frequently asked what companies should agree on before we draft their International Manufacturing Agreement. The checklist below highlights key points you may want to discuss with your potential manufacturer before moving forward with the crafting of your manufacturing Agreement. Please note that this list is not
China Product Development Agreements Navigating product development is critical, especially when partnering with Chinese manufacturers. This stage is laden with risks that can jeopardize the entire project. In this post, I will delve into the crucial role of China Product Development Agreements, and how to avoid the common mistakes foreign companies make when having their
What are INCOTERMS, and How Important are They in International Contracts? As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some
Avoiding China IP Licensing Pitfalls In recent years, our law firm has represented dozens of businesses licensing their intellectual property (IP) to companies in China, covering a wide range of sectors from product manufacturing and distribution to entertainment. Despite their sophisticated IP licensing experience, many businesses are often unprepared for many common pitfalls in China
Introduction In 2022, a U.S. company with a new and unique product forged a relationship with a Chinese manufacturer, placing their trust in a well-regarded Chinese law firm for their contractual needs. But within just eight months, they were shocked to discover their proprietary technology had been replicated and commercialized by their Chinese manufacturer. My
Navigating International Manufacturing Agreements: The Power of Term Sheets Outsourcing manufacturing requires meticulous planning, skillful negotiation, and unwavering attention to detail. International Manufacturing Terms sheets can streamline this process, by helping manufacturers and product buyers establish crucial terms before embarking on the formal drafting of a comprehensive Manufacturing Agreement. The Role of Term Sheets Consider
December was a typically busy transactional month for our China team with the end of the calendar tax year looming. We were brought onto a China acquisition by one of our PE clients mid-month, and we closed before the end of the year. This cyclical frenetic pace of closing deals has caused me to reflect
The topic of this post is on the need to make sure your contracts with your overseas product manufacturers line up with your contracts with your product buyers.
One can argue all one wants regarding the risks of Hong Kong arbitration, but the mere fact that a lot more lawyers now view Hong Kong as a riskier arbitration venue than Singapore, New York, Geneva, Paris, and London, ought to be reason enough NOT to draft your contracts with a Hong Kong arbitration provision.
