作者：赵京川 王哲君 刘亚辉 公司业务部 金杜律师事务所
引言由于1）澳大利亚政府逐步推行的各项有力措施，例如联邦政府医学研究与创新战略、国家创新与科学计划等；2）澳大利亚多种族的人群结构使得数据样本更为广泛；3）澳大利亚得天独厚的地理优势和时区优势等，澳大利亚成为近年来医疗行业临床研究极富吸引力的地区。其中，澳大利亚政府推行的研发税收抵免优惠政策（R&D Tax Incentive，下称“R&D TI”），更以其优惠的抵免政策和高效的审批流程，吸引着越来越多的外国生物医药企业赴澳开展药物研发临床试验活动。本文主要针对R&D TI的规定和适用情形做出简要介绍和分析。
Written by: Wang Feng, Dai Meng hao Regulatory& Compliance Group
With the introduction and implementation of the Provisions on the Unreliable Entity List (the “UEL Provisions”) by the Ministry of Commerce of the PRC (MOFCOM) on 19 September 2020, China’s legislation on the Unreliable Entity List (UEL), which started in May last year, has finally made substantial progress. As the first blacklist for trade control and sanction in China, it has drew intensive attention from multinationals in terms of its follow-up implementation and the regulatory scope. In light of this, we would like to explore several issues of common concern that may arise in the implementation of the UEL Provisions based on the UEL Provisions, the regulations on anti-boycott in trade control of some foreign countries and regions and our experience. We also look forward to further discussion with you. Continue Reading Four Key Issues on China’s Unreliable Entity List
2020年注定是不平凡的一年，对于红筹企业来说亦是如此。2020年以来，在海外新冠疫情失控，中美贸易战不断持续等背景下，红筹企业赴美上市之路的节奏被打乱；而另一方面，随着国内科创板及创业板注册制改革的推进和众多利好政策的出台，境内A股资本市场对于企业的吸引力逐渐上升，成为全球资本市场的避风港，而红筹企业回归A股的意愿愈发强烈。 Continue Reading 海南自贸港：红筹企业回归A股的选择
Written by: Jing Yunfeng Li Jia Wang Hui Li Xinyan Corporate&Commercial Group
The revised Catalogue of Technologies Prohibited or Restricted from Export of the PRC (“Catalogue“) was finally issued on August 28, 2020. This is the first revision of the Catalogue since 2008, coinciding with an extremely special period of China-US relations. Therefore, the Catalogue aroused wide attention at home and abroad. We will interpret the adjustments made to the Catalogue in the form of Q&A to assist enterprises in improving their internal control systems for technology export compliance and effectively guarding against relevant legal risks. Continue Reading Revision of the Catalogue of Technologies Prohibited or Restricted from Export of the PRC
作者：宁宣凤 柴志峰 阮思莹 吴怡芳 合规业务部 金杜律师事务所
自《反垄断法》生效以及一系列的经营者集中申报相关规定公布后，企业就交易中涉及的经营者集中申报合规意识愈发加强。根据数据显示，反垄断执法机构每年审结的经营者集中申报案件数量逐年大幅攀升。而由于经营者集中申报中有关控制权分析、营业额计算、审查程序等问题较为复杂，企业在准备经营者集中申报的过程中可能会面临大量的实操问题。基于此，我们梳理经营者集中申报中最常见的基本问题以及简要分析，以帮助广大企业对经营者集中申报形成更为清晰的认识和理解。 Continue Reading 经营者集中申报基本问题ABC
作者：冯慧 争议解决部 金杜律师事务所
信息披露义务是发行人的核心义务，作为“买者自负”的前提，在“卖者尽责”的原则性要求下，债券发行人尽责履行信息披露义务显得尤为重要。发行人违反信息披露义务存在虚假陈述行为，债券持有人或投资者可主张发行人承担侵权责任，并提起侵权赔偿之诉。我们以侵权责任法规定的侵权行为构成要件为法律基础，结合最高院《全国法院审理债券纠纷案件座谈会纪要》（下称“《债券会议纪要》”）等司法解释及司法实务，厘清发行人因虚假陈述而承担侵权责任的条件。 Continue Reading 债券纠纷：《债券会议纪要》背景下的发行人侵权责任——以侵权责任法为基础
Written by: Lucy Lu Ding Wu Liu Shibo
The Ministry of Human Resources and Social Security (“MOHRSS”) and the Supreme People’s Court jointly published the first batch of typical cases of labor and personnel disputes on July 10, 2020, mainly involving the performance of employment contract during the COVID-19 pandemic , the payment of double wages, the removal of the non-competition obligation, employer’s right to adjust employee’s job position and other controversial issues in practice. Combined with the Guiding Opinions of the Supreme People’s Court on Unifying the Application of Laws and Strengthening Similar Case Retrieval (for Trial Implementation), which has come into force on July 31, 2020, we hold the opinion that these typical cases will be important guidance for the judicial practice of labor disputes in near future. Therefore, we have extracted and summarized the rules of arbitration and litigation based on the abovementioned cases for further discussion. Continue Reading Typical Labor Disputes Cases: Rules and Interpretations
2020年9月25日，中国长江电力股份有限公司（简称“长江电力”）成功完成全球存托凭证（GDR）的发行定价并开始附条件交易，将于2020年9月30日正式在伦敦证券交易所上市。本次发行的最终价格为每份GDR26.46美元，假设超额配售权悉数行使，本次发行的GDR数量为7,600万份，所代表的基础证券A股股票为7.6亿股，募集资金总额约为20.11亿美元。由此，长江电力成为国内首家发行GDR并在伦敦证券交易所上市的单A股上市公司，同时亦成为国内首家“沪伦通”下在上海、伦敦两地上市的非金融类央企。 Continue Reading 长江电力成功发行GDR
合伙型基金退出时，合伙人之间可能因存在争议而无法自行组建清算组或虽然组成清算组却无法顺利完成清算。这便引发合伙型基金可否通过法院程序进行司法清算的问题。我们曾代理过一起非常罕见的合伙型基金司法清算的案件，开创上海市指定第三人担任基金清算组负责人的先例，案件在其他诸多方面都在上海地区乃至全国具有领先地位和创新意义。 Continue Reading 基金争议解决（二）：合伙型基金可以进行司法清算吗？
