Korea – Passage of the Act on the Protection of the Virtual Asset Users at the Plenary Session of the National Assembly
The Act on the Protection of the Virtual Asset Users (the Virtual Asset Act) which is designed to facilitate and strengthen the protection of the virtual asset users and set in place certain restrictions on unfair trade practices in the virtual asset market,
HOW DO AUTHORS REGISTER THE COPYRIGHT OF THEIR WORKS?
In every facet of life, copyright protection prevails. Whether it’s a writer’s literary masterpiece, a musician’s composition, an artist’s painting, or a photographer’s captured moments, these creations fall under the umbrella of copyright.
New EC Proposal for a Directive harmonizing certain aspects of insolvency law
In December 2022, the European Commission presented a draft Proposal for a Directive of the European Parliament and of the Council harmonising certain aspects of insolvency law , opening discussions on some of the potential changes into national laws, together with the remarks and positions towards the Proposal.
Insolvency Reform
Following the introduction of Directive (EU) 2019/1023 on preventive restructuring frameworks, on the discharge of debt and disqualifications,
Significant Tax Law Amendments Entered into Force under Law no 7456
Summary: With Law no. 7456 published on the Official Gazette dated 15/7/2023, significant amendments were made to Corporate Tax, Value Added Tax and Special Consumption Tax laws. The Law entered into force as of July 15th 2023.
Better Accountability and Governance through the Digital India Bill
The eagerly anticipated first draft of the Digital India Bill was to be released in early June. While there is no draft bill in sight, recent developments such as the CoWIN data breach, or allegations of undue pressure by the Indian government to block Twitter accounts have emphasized the need for better regulations.
INTEGRITES published pro bono taxation guidebooks for Ukrainians relocated abroad due to war
INTEGRITES published free-access electronic guidebooks on taxation of Ukrainians relocated abroad because of the war. The bilingual knowledge product developed by the Tax and Customs practice on a pro bono basis covers five jurisdictions with the largest number of the registered Ukrainian refugees – Germany, Poland, Slovakia, Czech Republic and Spain.
Leave entitlements under the UAE Labour Law
The Federal Decree-Law No. 33/2021 on the Regulation of Labour Relations (“Labour Law”) and Cabinet Decision No. 1/2022 on the Implementing Regulation of Federal Decree-Law No. 33/2021 on the Regulation of Labour Relations (“Labour Regulation”) lay down the different leaves that employees in the UAE are entitled to.
UNRAVELING THE AMPHIBIOUS NATURE OF CCDS UNDER IBC
INTRODUCTION Compulsorily convertible debentures (“CCDs”), often classified as “deferred equity”, are issued by companies as debentures which are compulsorily convertible into equity upon occurrence of agreed trigger events or post maturity.
EARCL’s security interest extinguished in Resolution Plan after notional value of One Rupee ascribed to claim – NCLAT upholds RP decision
The NCLAT in its recent judgment in Edelweiss Asset Reconstruction Company Ltd. v. Mr. Anuj Jain, Resolution Professional of Ballarpur Industries Limited & Ors. has held that when any asset, including security interest in an asset is part of the CIRP, a resolution plan can provide for extinguishment of such asset/ security interest in the …