Crafting Contract Damages in China: Experience, Art, and Prudence As I was going through my overflowing email inbox last weekend, three emails about contract damages really jumped out at me. But before I dive into those emails, I will first seek to demystify the concept of contract damages and explain why it’s so important for
China employers must have written employment contracts with each of their full-time employees. Not having a written employment contract exposes employers to penalties (payable to their employees), administrative fines and the risk of being deemed to have entered an open-term employment contract with the employees lacking the written contract. Most companies now understand this, but
Our China lawyers have gone through many China downturns in the last twenty years, but none to match the current one. China’s relations with the rest of the world are in a free-fall and China’s economy is hurting. Whenever either of these things are true, China steps up its tax collection and compliance enforcement against
In The Chinese Government is Accessing YOUR Network Through the Backdoor and There Still is NO Place to Hide, I explained how Chinese banks are requiring their account holders to install malware which allows the Chinese government to see All account holder data — financial or otherwise. We received the usual set of comments we get
How to Avoid International Business/Legal Problems. Preparation is everything and we explain how to prepare.
China Joint Ventures With China’s economy in a downturn and so much uncertainty regarding the future of US/China and EU/China relations, our China business lawyers have lately been seeing an uptick in companies looking to do China joint ventures “to share in the risk.” When done right, China joint ventures do share risk. But when
Since the beginning of the COVID-19 outbreak, China has released and updated countless national and local employment laws to deal with rapidly changing circumstances. In the United States and the EU, best practices usually dictate that you update your company’s employee handbook at least once a year and even more often if there have been
Many Chinese factories are hurting right now. Badly. This should come as no surprise. First they went through months of closures due to the coronavirus, and just when they opened they faced massively reduced demand. Chinese factories are closing left and right and many of those that are open are facing reduced demand and falling
Last week, Fred Rocafort (one of our international trade lawyers), Dan Pak (a VP of Procurement at a large East Coast hospital chain) and I put on a 90+ minute webinar on navigating PPE purchases from China. Based on the feedback we have received and the fact that a number of webinar companies have asked
