Recent Decision Involving Business Profits vs. Royalties Characterization under the US-Korea Tax Tree
Lee & Ko Tax Group is pleased to distribute this Tax Alert Newsletter to our clients and friends of an important tax case recently decided by the Seoul Administrative Court (2019Guhap70643, February 5, 2021) involving certain payment for the purchase of software by a Korean subsidiary to its US parent. This case appears to disagree …
Finally! – Halloumi will actually be made in Cyprus, as it should be
It has been a long road for everyone’s favourite cheese. The protection of halloumi cheese should have never been complicated. The firm cheese which has the unique quality of retaining its shape even when fried or grilled, has its origins in the island of Cyprus where it has been produced for many centuries. Traditionally, halloumi …
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Patent or utility model. How to protect inventions
In the context of rapidly evolving innovations and globalization of markets, more and more inventors and companies face the need to protect the results of their intellectual activity in a timely manner and with informed choices.
How to use photographic works on the Internet without infringing the author’s rights
In our practice in the field of intellectual property and protection of copyright and related rights, we more and more often encounter various cases in which photographic works are used on the Internet by third parties other than the authors or the copyright holders. We witness how some users perceive someone else’s works available in …
ASDA workers win latest round of long-running equal pay fight
A Supreme Court decision has given more than 44,000 Asda employees victory in their fair pay fight with their employers paving the way for a legal battle that could last years.
The Limits of the Bankers’ Book Evidence Act 1879
Nicola Sharp considers a recent case that highlighted the scope of the Act.
I am a Manager I am In Jeopardy
A Manager or a member of board of managers of the Limited Liability Company is considered to be a pillar of the company and its most important employee, thus Federal Law No. 2 of 2015 on Commercial Companies in the United Arab Emirates regulated clearly and in detail a chapter of legal articles regarding the …
Marine Cyberattacks: Analysis of Liability and IMO 2021
Cyberattacks bear risk for shipping companies in terms of contractual liability, third party liability, and regulator violations. Such liability may be excluded or limited by complying with IMO 2021 regulations and guidelines regarding Safety Management Systems, and/or incorporating appropriate contractual clauses.
What do the owners of a Startup need to know in order to protect their most important asset – intel
Every owner and creator of a Startup company carries a lot of irons in the fire: He has to successfully manage various relationships – from those with partners, business angels, investors, mentors, funds, developers, creators, marketers to those with employees and partners.
The right freely to exercise an economic activity, the obligation for loyalty and the prohibition of
The rights and obligations of the partners in a limited liability company (Ltd.) is always an interesting and very controversial topic, both in theory and in case law and doctrine. Today it is impossible to imagine the economy without the existence of a limited liability company as the most preferred form for the implementation of …