Media and Communications Claims – essential conduct before starting a claim
Following a consultation in 2019 on the Pre-action Protocol for Media and Communications Claims the Protocol was updated to adapt the law to be more in line with advances in telecommunications technology. The Protocol now encompasses all cases involving defamation, misuse of private information, data protection law or harassment by publication, and claims in breach of confidence …
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The Divorce, Dissolution and Separation Act 2020 a new dawn for Divorce
The Divorce, Dissolution and Separation Act 2020 comes into force on Wednesday 6 April, the so-called no-fault divorce. This much anticipated reform to divorce law will change the way divorce is approached and conducted. The absence of blame in the divorce process is expected to reduce hostility and acrimony that currently can enter the divorce …
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Philippines: BIR Updates its Procedures for Claiming Tax Treaty Benefits
In March 2021, the Philippine Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order No. 014-21 (the Memorandum), which streamlines the procedures for non-resident corporations and other juridical entities (collectively “non-resident taxpayers”) to access Philippine tax treaty benefits.
Elusive but Effective: Merchandising Rights in Fighting Back Against Trademark Squatting in China
In a recent landmark decision, the Supreme People’s Court of the PRC (“SPC”) held that a unique term created in a fictional work is capable of being protected as a prior right to invalidate the same later trademark registration, so long as it meets certain requirements.
Qatar’s new mandatory health insurance law, a quick overview.
Introduction: In one of the recent steps in the continuous journey of development in the state of Qatar, a new health insurance scheme was introduced in November 2021 by the law number 22 of 2021 regulating the health services in Qatar. As per the Ministry of Public Health (MoPH) announcement on the matter; the new …
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Good news for the Brazilian footballing industry
In August 2021, during the Covid-19 pandemic, the Brazilian President passed a law long-awaited by the football teams throughout the country – Law No.14,193/2021, known as the “Lei da Sociedade Anônima de Futebol (SAF)”, or the Football Corporation Law. This law finally allowed football teams to be incorporated as a corporation (SAF – football corporation), …
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What Startups and Key Investors in Thailand Should Know about Alternative Debt Financing
With digital technology improving and the pandemic recovery already underway, Thailand’s business world is experiencing a new wave of ambitious startups. In order to succeed in this highly competitive environment, startups require adequate funding from key investors, venture capitalists and angel investors. In such a crowded environment, however, raising money is no easy task. Attracting …
Implications of Thailand’s New Central Bank Digital Currency (CBDC)
The popularity of Bitcoin and other decentralized cryptocurrencies continues to send ripples throughout the financial world. Private companies like Meta (formerly Facebook) have already begun developing their own competing cryptocurrencies, and central banking institutions are likewise working on similar concepts. The introduction of a CBDC (Central Bank Digital Currency) in Thailand is set to begin …
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E-Service Tax Law in Thailand: What are the implications?
In nearly all areas of the economy, technology moves faster than the law. Assertive tech companies, by making the most of their newly developed capabilities, often can enjoy a few years’ worth of relatively unregulated success before lawmakers make an earnest effort to re-stabilize the playing field. This regulatory process is currently playing out in …
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Thai cabinet gives green light to tax benefits to promote startup funding to develop the startup ecosystem in Thailand
The Thai cabinet has recently approved the draft Royal Decree issued under the Revenue Code regarding income tax exemption on investment in Thai startups (the “Draft Royal Decree”), in cases where the funding for the startups is provided directly or indirectly through Venture Capital (VC), Corporate Venture Capital (CVC), or private equity trust (PE Trust). …