By Mark Schaub, Partner, Corporate, King & Wood Shanghai
Most companies engaging in a China project will likely need support from external consultants. This final section highlights the remaining members of the China deal team, including translators, accountants, and outside counsel.
Continue Reading China M&A: Assembling an Effective Team for a China Transaction Part III
By Mark Schaub, Partner, Corporate, King & Wood Shanghai
Most companies engaging in a China project will likely need support from external consultants. However, selecting the external team is often more difficult than assembling the internal team — who do you need? How do you find good ones? And what role should they play? This portion highlights the infamous China consultant. What kind of role do they play and do you actually need them?Continue Reading China M&A: Assembling an Effective Team for a China Transaction Part II
By Kenneth Choy, Partner, King & Wood – Hong Kong
The United States Supreme Court finally issued its decision on Bilski v. Kappos just before it shut down for the summer. As widely expected, the justices unanimously agreed that the Bilski claims are abstract ideas which are nonpatentable and the Court of Appeals for the Federal Circuit properly rejected the claims. However, the court’s decision, authored by Justice Anthony Kennedy, left many dissatisfied as it declined to clarify limitations on the patentability of business method claims. The high court simply rejected the Federal Circuit’s view that the machine-or-transformation test was the exclusive test for patentable process claims and instead, looked back to the last century, to its cases of Gottschalk v. Benson, (1972), Parker v. Flook, (1978) and Diamond v. Diehr, (1981) to find the “guideposts” and §100(b) the Patent Act for the definition of “process”.Continue Reading Bringing the U.S. patent regime closer to China’s? Bilski v. Kappos
By Mark Schaub, Partner, Corporate, King & Wood Shanghai
Many West European and US companies have thinned out their ranks of middle management in the never-ending pursuit of shareholder value. A China project is likely to be more time intensive and involved (and therefore expensive) than the foreign company initially forecasts. For this reason many foreign investors in China face difficulties in assembling a successful business project team to implement the project. Part I discusses the assembling of an effective in-house team.Continue Reading China M&A: Assembling an Effective Team for a China Transaction Part I
By Ariel Ye, Partner, Dispute Resolution, King & Wood Beijing *
In a recent session held May 29, 2010, the International Bar Association (the “IBA”) Council approved the 2010 revision to the IBA Rules on the Taking of Evidence in International Arbitration (the “Rules”).Continue Reading Keeping pace with the times…. the revised IBA Rules of Evidence
By Susan Ning, Ronald Arculli, Peter Waters, and Angie Ng of King & Wood and Gilbert + Tobin (1)
Hong Kong’s Competition Bill (the Bill) was gazetted on 2 July 2010.(2) Formal public consultations on a cross-sector competition law for Hong Kong commenced in 2006. The Bill will be tabled in Hong Kong’s Legislative Council (LegCo) on 14 July 2010. When the Bill becomes law, it will be known as the Competition Ordinance (CO).Continue Reading Hong Kong’s Competition Law – Unveiled!
By Mark Schaub, Partner, Corporate, King & Wood Shanghai
On May 19, 2010, the People’s Bank of China (“PBOC”) issued a new set of regulations for online payment service providers that will take effect on September 1, 2010. The new regulations bring payment services within the banking regulatory scheme.
Continue Reading China Retailers Beware…New Payment Restrictions may Impact your Revenue Channels!