New Law on LLCs in Ukraine
The Law of Ukraine On the Limited Liability Companies and Additional Liability Companies passed on 6 February 2018 shall come into force on 17 June 2018. The Law is a positive sign for doing business in Ukraine as it introduces significant changes and innovations in the legal regulation of the establishment and activities of limited …
The Impacts of the New Issued Regulation regarding IP Export
According to WIPO’s information, China has overtaken Japan to claim the second place as a source of Patent Cooperation Treaty (PCT) applications in the passed year. In 2017, U.S.-based applicants numbered 56,624 PCT, followed by China (48,882) and Japan (48,208). Another positive statistics comes from the State Administration of Foreign Exchange, which reveals the volume …
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[South Korea] Amendment to Unfair Competition Law
A bill to amend the Unfair Competition Prevention and Trade Secret Protection Act (the “UCPA”) was promulgated on April 17, 2018, and is scheduled to take effect on July 18, 2018. The bill introduces significant amendments to the UCPA, namely stipulating store interior designs as business marks and making the unauthorized use of “ideas” an …
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Procuring Infrastructure PPPs 2018
The World Bank Group’s Procuring Infrastructure Public-Private Partnerships 2018 report is now finalized and available online. The report compiles best practices and offers support to governments around the world to improve the quality of their regulations and to better deliver infrastructure service through public-private partnerships (PPPs).
[South Korea] Location information law amended to ease requirement for tracking of objects
Under changes to Location Information Act, to take effect in October 2018, businesses will be allowed to track goods after obtaining registration instead of license.
[South Korea] Amendments to Korean telecom license framework taking shape
Legislators have put forward an advanced draft of amendments to the Telecommunications Business Act, Korea’s main telecom statute. The draft amendments, proposed on March 29, 2018, would finalize changes anticipated since August 2017, so as to relax license requirements and foreign ownership restrictions for telecom carriers. Amendments seem likely to pass within 2018, with effect …
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The Code of bankruptcy procedure in Ukraine: positives and negatives of the new document
The Verkhovna Rada registered a draft law on the Code of Bankruptcy Procedure (No. 8060). Among other things, it is noted that such a document will increase the efficiency of bankruptcy procedures, the level of protection of the rights of creditors, improve the procedures for selling debtor property at the auction, increase the level of …
Malta Opportunity: Blockchain and Cryptocurrencies
Talking of cryptocurrencies as an opportunity for the Maltese banking sector might sound outlandish, in the context of a highly-regulated banking industry in Malta.
Multilaw Real Estate Guide for Foreign Investors
Multilaw has released its new digital Real Estate Guide for Foreign Investors, which was launched at the MIPIM global real estate event in Cannes. SyCipLaw partner Benedicto P. Panigbatan contributed the Philippine chapter.
Philippine Chapter of Getting the Deal Through: Vertical Agreements 2018
Getting the Deal Through has published the twelfth edition of Vertical Agreements, which is available in print, as an e-book, and online. The Philippine chapter was contributed by SyCipLaw partners Arlene M. Maneja and Franco Aristotle G. Larcina.