A while back (I am being intentionally vague here to avoid identifying anyone) a U.S. client company contacted our China lawyers about shutting down its China WFOE and/or terminating all of its roughly 47 China employees in one fell swoop. The U.S. company had discovered rampant corruption among its employees and its CEO wanted the
Go to China and get held hostage? Who knew? YOU DID.
In late 2017, an old and yet important set of China Employment laws —the Measures for Severance Payment due to Violation or Termination of Employment Contracts — issued by the then-Ministry of Labor back in 1995 was abolished by the PRC Ministry of Human Resources and Social Security. Since our China employment lawyers keep getting
Our international manufacturing lawyers work with many experienced and really good international product sourcing consultants. These consultants are usually really good for the following reasons: They know the ins and outs of what it takes to succeed in buying products from foreign countries. They know the ins and outs of how to find good companies
PitchBook reports that even though 2022’s dry powder was lower than in either 2020 and 2021, a significant amount of capital has been deployed and remains to be deployed, including in deals involving Chinese companies and assets in China owned by U.S and non-Chinese companies. We know this because we are part of some of
For the past many months, I have taken a few calls and meetings each week from web3 entrepreneurs and others involved in the blockchain industry, such as lawyers and accountants whose clients need special expertise. As a transactional attorney, I get a unique perspective on the blockchain industry because I am generally on the front
In an ever-growing and increasingly competitive climate, many of our clients are turning their attention to protecting their intellectual property on a global scale. Enter: the Patent Co-Operation Treaty Application or, PCT Application.
You should involve an international business lawyer and an international accountant or CPA as soon as you begin thinking about expanding abroad to a new market. Many lawyers and accountants would prefer to have a 20 minute conversation at your early stage to help you avoid many obvious and immediate issues rather than receive a frantic call six months later when you have run into trouble. You should get comfortable with asking these types of questions as early as possible.
Intellectual Property and United States Customs 1. Trademarks and U.S. Customs Trademarks are defined in U.S. law as a word, name, symbol, device, color, or combination thereof used to identify and distinguish goods from those manufactured or sold by others and to indicate the origin and source of goods, even if said source is unknown.
Foreign companies see China as increasingly risky and they are looking to move out or reduce their footprint there.
