作者:金杜律师事务所合规组

中央电视台16日披露,为了达到长期牟利的目的,相关奶粉企业通过贿赂医生和护士,在家长不知情的情况下,让医院给初生婴儿喂自家品牌的奶粉,使孩子对某种奶粉产生依赖。针对这一问题,国家卫生计生委办公厅于9月17日发出关于严禁医疗机构及其人员推销宣传母乳代用品的通知,要求严格执行《母婴保健法》及其实施办法、《母乳代用品销售管理办法》等规定,严禁医疗机构及其人员推销宣传母乳替代品,对违反规定的机构和人员将依据有关规定从严查处。 Continue Reading 《关于严禁医疗机构及其人员推销宣传母乳代用品的通知》概要

作者:张东成 李实 金杜律师事务所证券发行和上市组

2013年8月28日,国务院总理李克强主持召开国务院常务会议,指出“要在实行总量控制的前提下,扩大信贷资产证券化试点规模。优质信贷资产证券化产品可在交易所上市交易,在加快银行资金周转的同时,为投资者提供更多选择” 。随着信贷资产证券化常态化工作的稳步推进,作为银行重要资管手段、代表未来发展方向的信贷资产证券化正受到银行、证券公司、基金子公司、信托机构等各方越来越多的关注,那么,银行该如何开展信贷资产证券化的相关工作,在此过程中需要关注的具体法律问题又有哪些? 本文以问答的形式针对银行信贷资产证券化业务过程中可能遇到的具体问题作出简要说明。 Continue Reading 资产证券化进行时——银行开展信贷资产证券化的具体问题解答

By Harry Du and Thomas McGinn King & Wood Mallesons’ M&A Group

At the end of October 2013, the Standing Committee of China’s National People’s Congress (NPC) finalized the third draft of amendments to China’s Environmental Protection Law (《环境保护法修正案(草案)》).

In light of the extensive debate so far, many speculate that the Law will undergo a fourth draft before the New Environmental Protection Law enters into force[1]. Such changes would constitute the first amendment to the Law since it came into force in 1989. Continue Reading Who Can Initiate Class-action Lawsuits under the Draft Environmental Protection Law?

作者: 王开定 黄荷 刘青[1] 金杜律师事务所并购

在外资业务中,经常会遇到与审批相关的三类合同效力问题:(1)经批准而生效的外资合同,比如中外合资经营企业合同[2]、中外合作经营企业合同[3]、外商投资企业股权转让合同[4]、外商投资股份有限公司发起人协议[5],在得到批准之前,是否具有法律约束力?(2)经批准的外资合同所作的修改或者补充协议,如果未经批准,是否具有法律约束力?(3)外资合同签署前后签署的未经批准的框架协议、备忘录等法律文件,是否具有法律约束力?

本文尝试梳理相关法律规定和司法解释,剖析常见的法律问题,最后就解决方案提出建议。 Continue Reading 外资审批与合同效力

By Susan Ning, Kate Peng and Chai Zhifeng

On August 27, 2013, MOFCOM announced its conditional clearance on MediaTek Inc’s (“MediaTek”) 4 billion USD acquisition of MStar Semiconductor Inc (“MStar“) (the “Transaction“). This is the second “hold-separate” case since this year (the other one is Xstrata/Glencore), and the forth one in China’s merger filing history. 1 MOFCOM appears to be getting more and more confident with the “hold-separate” arrangement as a behavior remedy to address competition concerns.  It is also worth to note that the parties are required to submit detailed operation plan within three months of the decision and the transaction can only be closed after the detailed operation plan is approved by MOFCOM.

Continue Reading Another “Hold-Separate” Decision of MOFCOM—MediaTek’s Acquisition of MStar is Cleared with Conditions

作者:宁宣凤彭荷月、刘佳、萧达莎

        经过十几年的孕育和酝酿,《反垄断法》于2008年8月1日生效实施。这不但是我国法制建设发展的阶段性成果,更是中国市场经济发展的里程碑事件。《反垄断法》共8章57条,确立了一系列崭新的制度——不但反经济垄断,也反行政垄断;不仅有域内效力,还有域外效力;不但确立了公共实施,也肯定了私人执行。所谓反垄断公共实施(public enforcement),即指国家赋权的反垄断执法机构开展的反垄断行政调查执法活动;所谓反垄断私人执行(private action),那些自身利益受到反竞争行为影响的法人或自然人通过向法院提起民事诉讼来执行《反垄断法》的。在过去五年中,反垄断公共实施和私人执行共同构建和促进了我国《反垄断法》的实施。这两者相辅相承、相互补充,共同承担着《反垄断法》预防和制止垄断行为,保护市场公平竞争,提高经济运行效率,维护消费者利益和社会公共利益的使命。

        《反垄断法》确立的反垄断民事诉讼与专门机构的反垄断行政执法相结合的“双轨制”符合当今世界各国和地区反垄断法实施的普遍做法和明显趋势,也是能够更为全面的在实践中切实落实《反垄断法》。然而,“双轨制”在实践也会存在一些问题,同一反垄断事件既在法院提起民事诉讼,又进行行政审查,难免有需要协调的方面。对于两个程序之间的协调,目前的一些规定虽然有所涉及,但仍有很多问题没有得到解决。本文意在对这些问题作一个梳理,希望能够抛砖引玉,同时也期待题述问题得以在实践中被司法机关和行政机构探索解决。

Continue Reading 《反垄断法》的双轨制——行政执法与民事诉讼的互动

By Susan Ning, Kate Peng, Jia Liu and Rui Li    King & Wood Mallesons’ Antitrust & Competition Group

After more than ten years of deliberation and discussion, Anti-monopoly Law of China (AML) finally came into effect on August 1, 2008. This is not only a periodic achievement in the development of Chinese legal system but also a milestone event since the establishment of Chinese market economy. AML contains eight chapters and fifty-seven articles and sets up a brand new mechanism against economic and administrative monopoly with both domestic and international reaches and private and public enforcement. Public enforcement refers to administrative investigation and enforcement activities initiated by anti-monopoly agencies duly authorized by the nation. Private action refers to anti-monopoly civil action filed at the court by the legal or natural person injured by the anticompetitive conducts. In the past five years, the public and private enforcement have worked in tandem to promote the enforcement of AML. The two enforcement methods complement each other to prevent the anticompetitive conducts violating AML, protect fair market competition, enhance market efficiency, and safeguard consumers’ interest and the public interest.    Continue Reading The Dual System of Anti-monopoly Law – The Interplay between Administrative Enforcement and Civil Action

By King & Wood Mallesons’ Trademark Group

The Standing Committee of the National People’s Congress passed the Third Amendment to the PRC Trademark Law (“Revised Trademark Law”) on August 30, 2013.  The new Trademark Law will be implemented on May 1, 2014. Continue Reading Eight Key Points about the Third Amendment to the PRC Trademark Law