By Hannah Glass. King & Wood Mallesons’ Sydney office.
Trust in technology is a balance between accessibility and security. Accessibility because information must be able to be used by the intended people and security because others should not be able to access it. Managing these is a delicate balance.
Continue Reading Trust by design: Balancing accessibility and security in blockchain
By Louis Chiam King & Wood Mallesons’Melbourne office.
The Australian energy markets are in a state of turmoil. The regulatory and governance arrangements in electricity and gas that have served us well for two decades are facing a host of challenges. From sudden increases in electricity and gas prices and a spike in unplanned outages, through to the increasing calls for more action on carbon emissions and the rise of disruptive new technologies, it seems pressure is everywhere.
Continue Reading Under Pressure: Regulatory Reform in the Energy Market
By Shi Bisheng, Guan Xiangyu,King & Wood Mallesons’ IP group
In October 2017, the China Food and Drug Administration (“CFDA”) released a series of documents regarding reform of China’s drug administration system. The aim – more access to cutting-edge pharmaceuticals at a lower cost. This new patent linkage system (“PLS”) is discussed in the following two important documents:
Continue Reading How to Rise Up to Challenges under Accelerated Enforcement of Patent Linkage
By He Fang Zhang Yue King & Wood Mallesons’ Dispute Resolution group
Enterprises and the general public are becoming increasingly aware of their intellectual property (IP) rights as well as the need to protect them. Remedies for IP infringements are commonly obtained from civil lawsuit and complaint to administrative authorities seeking investigation and punishment. In severe infringement cases, an action may even be brought by the IP owner in the criminal court. This article will look at the ways IP owners could do to assist the authorities to hold infringers criminally accountable?
Continue Reading What Should IP Owners Do to Hold Infringers Criminally Accountable?
By Dai Yue and Li Tianren King & Wood Mallesons’ Dispute Resolution group
On 30th June 2017, the Intermediate People’s Court of Wuhan, Hubei Province (‘’Wuhan Intermediate Court’’) handed down its judgment in Application to Recognize and Enforce a Foreign Civil Judgment by Liu Li v. Tao Li and Tong Wu” (2015 E Wuhan Zhong Min Shang Wai Chu Zi No. 00026) (“Judgment”) in which the Court considered the recognition and enforceability of a foreign judgment in China. For the first time, the Court, on the basis of acknowledging juridical reciprocity between China and the US, ruled that a US civil court ruling was to be recognized as legally binding on Chinese soil.
Continue Reading Recognition and Enforcement of Foreign Judgments in China: Progress and Challenges Go Hand-in-hand
By Yu Feng, Zhou Steven, Stephen Du King & Wood Mallesons’ Dispute Resolution group
On 21st July 2017, the Wuhan Maritime Court issued a maritime injunction ordering a foreign ship owner to apply to withdraw an anti-suit injunction of the Hong Kong High Court against a Chinese insurer. This is the first case to reveal the Chinese court’s attitude towards the anti-suit injunctions of “foreign” courts.
Continue Reading Maritime injunctions – a weapon against anti-suit injunctions?
By LIU, Haitao (Harry), LI, Ronghui (Sam), YU, Linda and XIA, Ying
One day before noon, a colleague came up and asked: “What’s that English term in corporate investigations, the one for obscuring sensitive information in documents?” And suddenly she got it: “Ah, I remember, it’s ‘Redaction’.” Then, she went back to her drafting… Redaction, a document editing method frequently used by legal counsel in compliance and dispute resolution matters, refers to a process of obscuring or removing sensitive information that is not allowed to be disclosed to the other party.
Continue Reading What Should Lawyers Redact in Corporate Internal Investigations?
By Liu Xinyu Feng Xiaopeng King & Wood Mallesons’ Customs& Trade Compliance team
According to the China Cross-Border E-Commerce Development Almanac (2017), in 2016, the total volume of cross-border export and import online retail reached RMB 54.343 billion. This figure represents an increase of 42.44% on a year-on-year basis. The total import tax in 2017 reached RMB 2.62 billion, increased by 545.11% when compared to 2016. Cross-border e-commerce has grown increasingly popular in recent years as a distinct model from traditional modes of business operation. As a result of this, administrative oversight on cross-border e-commerce (including finance, commerce, customs, customs inspection, foreign exchange, tax, etc.) is also undergoing a process of change. In this process, there has emerged much controversy over the legal nature of and liability related to cross-border e-commerce.
Continue Reading Legal Risks Confronting Cross-Border E-Commerce
By Song Ruiqiu and Lou Xiaohan King & Wood Mallesons’ Finance & Capital Markets group.
Middle Huaihai Road in Shanghai is home to a stately piece of architecture a well-known foreign owned Shanghai Redleaf International Women & Children’s Hospital (“Redleaf”). Incorporated on 9 December 2011, Redleaf had been operating from Middle Huaihai Road for over four years. As a hospital with high-end positioning, excellent medical staff, luxurious facilities, and quality services, Redleaf had attracted clients from all over the world. However, on 31 August 2017, Redleaf made a sudden announcement that it would be relocating its services to a different location at the request of the government.[1] The move that followed, happened almost overnight and, no doubt, brought with it significant consequences for the hospital, and its staff and patients.
Continue Reading Establishing Medical Facilities in China: Redleaf Case Study
By King & Wood Mallesons
Acting as PRC and international counsel, King & Wood Mallesons (KWM) advised Bank of Zhengzhou Co., Ltd. (Bank of Zhengzhou, Stock Code: 6196) on its issuance of US$1.191billion 5.50% non-cumulative perpetual offshore preference shares on 18 October 2017. Such preference shares are Bank of Zhengzhou’s additional tier 1 (AT1) capital, and listed on the Hong Kong Stock Exchange.
Continue Reading King & Wood Mallesons advises Bank of Zhengzhou on its issuance of US$1.191 billion offshore preference shares
