By Susan Ning and Ding Liang King & Wood Mallesons’ Antitrust Group

The Provisions of the Supreme People’s Court on Several Issues Concerning the Application of Law in the Trial of Civil Dispute Cases Arising from Monopolistic Conduct (“Anti-Monopoly Judicial Interpretation”), as adopted at the 1539th Session of the Judicial Committee of the Supreme People’s Court (“SPC”) in January 2012, were issued on May 3, 2012 and came into force on June 1, 2012. The Anti-Monopoly Judicial Interpretationreflects important experience accumulated in the judicial practice of monopoly civil disputes and is expected to play an important role in monopoly civil dispute cases. This article will briefly discuss the key issues involved in the Anti-Monopoly Judicial Interpretation. 

I .The Drafting Background of the Anti-Monopoly Judicial Interpretation Continue Reading Commentary on the Anti-Monopoly Judicial Interpretation

作者:宁宣凤 丁亮 金杜律师事务所反垄断

《最高人民法院关于审理因垄断行为引发的民事纠纷案件应用法律若干问题的规定》(以下简称“反垄断司法解释”)已于2012年1月30日由最高人民法院审判委员会第1539次会议通过,于2012年5月3日公布,自2012年6月1日起施行。《反垄断司法解释》凝结了垄断民事纠纷案司法实践中积累的一些重要经验,将在未来垄断民事纠纷案中起到重要作用。本文将对《反垄断司法解释》所涉及的重要内容做简要的梳理和评述。

 

一、《反垄断司法解释》的起草背景

早在2008年8月1日《反垄断法》正式实施后,最高人民法院就已开始着手准备垄断民事纠纷案所能出现的各种问题。2008年10月24日,最高人民法院在天津召开研讨会,讨论人民法院在审理垄断民事纠纷案中急需解决的问题。 Continue Reading 反垄断司法解释评述

By Xia Dongxia and Yang Ting King & Wood Mallesons’ Dispute Resolution Group
 

The Interpretation of the Supreme People’s Court on Issues Concerning the Application of Law for Hearing Cases of Sale and Purchase Contract Related Disputes (the “2012 Interpretation”) was promulgated on June 5, 2012, and came into effect on July 1, 2012. The 2012 Interpretation, which includes eight sections and forty-six articles, explicitly regulates the establishment and validity of sale and purchase contracts, delivery and transfer of title, risk allocation, inspection and acceptance of subject matter, liability for breach, retention of title, and special sale and purchase contracts. The 2012 Interpretation clarifies several ambiguous issues in judicial practice, and also supplements the PRC Contract Law[i](the “Contract Law”).

This article summarizes the main content of the 2012 Interpretation.


[i] The PRC Contract Law was adopted at the Second Session of the Ninth National People’s Congress on March 15, 1999, and became effective as of October 1, 1999.

Continue Reading Understanding and Clarification–China’s New Judicial Interpretation of Contract Law

作者:张保生  陈湘林 金杜律师事务所争议解决

1、外商投资企业股权转让合同成立后,转让方和外商投资企业不履行报批义务,受让方能否请求解除合同并由转让方返还其已支付的转让款、赔偿因未履行报批义务而造成的实际损失?

根据最高人民法院《关于审理外商投资企业纠纷案件若干问题的规定(一)》(法释〔2010〕9号)第五条的规定,外商投资企业股权转让合同成立后,转让方和外商投资企业不履行报批义务,经受让方催告后在合理的期限内仍未履行,受让方请求解除合同并由转让方返还其已支付的转让款、赔偿因未履行报批义务而造成的实际损失的,人民法院应予支持。

 2、外商投资企业的股权转让方和外商投资企业拒不根据人民法院生效判决确定的期限履行报批义务,受让方可否另行起诉,请求解除合同并赔偿损失? Continue Reading 外商投资企业股权转让问题–跨国公司在华诉讼系列(V)

作者:陈湘林 金杜律师事务所争议解决

【内容摘要】本文基于诉讼和战争的可比性,参照《孙子兵法》首篇“计篇”,结合中国司法程序中的具体案例,将决定诉讼案件胜负的因素总结为三类,即基本因素、通常因素和特殊因素,具体包括“经济实力”、“事实”、“法律”、“情理”、“团队配合”、“诉讼时间和时机”、“诉讼地”、“主办律师”、“律所和客户内部管理”、“社会资源”等10个。同时,就依据该10个因素对案件胜负进行综合权衡的基本规律进行了初步总结,从而为中国司法程序中诉讼策略和诉讼方案的谋定奠定基础。

Continue Reading 论中国司法程序中决定诉讼案件胜负的十大因素 –结合《孙子兵法》”计篇”的思考(下)

作者:陈湘林 金杜律师事务所争议解决

【内容摘要】本文基于诉讼和战争的可比性,参照《孙子兵法》首篇“计篇”,结合中国司法程序中的具体案例,将决定诉讼案件胜负的因素总结为三类,即基本因素、通常因素和特殊因素,具体包括“经济实力”、“事实”、“法律”、“情理”、“团队配合”、“诉讼时间和时机”、“诉讼地”、“主办律师”、“律所和客户内部管理”、“社会资源”等10个。同时,就依据该10个因素对案件胜负进行综合权衡的基本规律进行了初步总结,从而为中国司法程序中诉讼策略和诉讼方案的谋定奠定基础。

Continue Reading 论中国司法程序中决定诉讼案件胜负的十大因素–结合《孙子兵法》”计篇”的思考(上)

 By Susan Ning,Hazel YIN,and Han WU 

On 13 August 2012, the Ministry of Commerce (“MOFCOM”) approved Wal-Mart Stores Inc(“Wal-Mart”)’s proposed acquisition of 33.6% share of Niu Hai Holdings (“Niu Hai”),which enables Wal-Mart to have a controllin stake in the online direct sales business of Yihaodian, the largest e-supermarket in China.1 The approval is not without conditions,though.It is the fifth conditional merger clearance decision (“Decision”)MOFCOM issued in 2012 and the first conditional clearance relating to the online retail sector.
 Review Process
 
 MOFCOM received notification of the transaction on 16 December 2011 and officially accepted it on 16 February 2012. Continue Reading MOFCOM Approved Wal-Mart’s Acquisition of Controlling Stake in Yihaodian but Said NO to VIE Structure

By Susan Ning, Sun Yiming and Kate Peng

On the International Symposium on Controversial Issues regarding Chinese AML Enforcement held in Hangzhou on Monday this week, both the National Development and Reform Commission (“NDRC”) and the State Administration for Industry and Commerce (“SAIC”) announced that they will increase the transparency of their enforcement actions under the AML. 

NDRC and SAIC are the regulators for anti-monopoly conducts in China. The powers are divided between the two authorities in the way that NDRC is responsible for price-related monopoly conducts, and SAIC is responsible for non-price related monopoly conducts.

Continue Reading Chinese Antitrust Regulators Vow to Increase Transparency

By Tony Dong and Philip Liu King & Wood Mallesons’ Tax Group

Technology innovation is the engine that will drive the 21st century economy. With growing economic demand for core technologies from Chinese enterprises, recent years have witnessed the robust development of Intellectual Properties (“IP”) transactions in China, in which tax issues are often important elements to consider when structuring IP transactions, especially for the IP transfers carried out in the context of IPOs, mergers, acquisitions, or investment projects. We will discuss in the article the major PRC tax considerations for IP transfers, especially for cross-border IP transactions, with a view to achieve tax optimization and ensure tax compliance for such transactions.

 I .Tax Cost of IP Transfers Continue Reading Tax Considerations for IP Transfer

作者:董刚  刘勃 金杜律师事务所税务

技术创新是21世纪社会的经济增长发动机。近年来,随着中国企业整体经济实力提升和技术创新意识增强,知识产权交易发展十分迅速,而基于上市、并购重组、外商投资等原因进行的知识产权交易,通常金额较大,税务因素对交易至关重要。本文将探讨知识产权转让交易中的税务影响,尤其是跨境交易中需关注的税务问题,以期相关交易能够实现税务优化及合规的目标。

 一、知识产权转让的税务成本

在中国税法框架下,知识产权所有权转让和使用权转让均属于无形资产转让,通常涉及的税种包括所得税(企业所得税或个人所得税)、营业税和印花税。 Continue Reading 知识产权转让的税务考量