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Shelf Corporations

Posted under China Business Investment on Wednesday, 12 May 2010 by jason
Shelf corporations are corporations (or LLCs) that have been formed and registered then generally kept inactive, acquiring no assets or liabilities. The advantages of purchasing a shelf corporation over forming a completely new corporation are the following: A shelf corporation that has been...
jason

Lessons from the Chinese Drywall Cases: Reciprocity and the Enforcement of Foreign Judgments

Posted under China Business Investment on Thursday, 6 May 2010 by China Business Law
I’ve been following the ongoing developments with the Chinese drywall cases, from the Taishan Gypsum case to the recent Knauf Plasterboard Tianjin ruling and talks of future settlements. And while the media and other bloggers have (quite accurately) pointed out the  near impossibility of...
China Business Law

Commercial Secret Protection of State Owned Central Companies

Posted under China Business Investment on Tuesday, 4 May 2010 by Allen
After the case closure of Rio Tinto, the State Assets Supervisor Committee under the State Council issued a new provision immediately: the Commercial Secret Protection Provision of State Owned Central Companies, which has been effective on March 25, 2010. The new provision shall have a deep impact...
Allen

The Commercial Secrets in the Case of Rio Tinto

Posted under China Business Investment on Friday, 23 April 2010 by China Business Law
While coverage of the Rio Tinto case has clearly died down (considering it’s over), more details continue to emerge, as the court’s judgment has been released. In the 45-page English version, the court details the charges and evidence against the four executives, including eight counts of...
China Business Law

Enforcement of the Foreign Corrupt Practices Act (FCPA) Increases

Posted under China Business Investment on Thursday, 15 April 2010 by jason
A recent $185m USD settlement between Daimler AG and the US government, as well as this article from Time Magazine, highlight the increasing efforts of the DOJ to enforce the FCPA and collect big money from violating corporations. As the article highlights, the DOJ collected $627m USD in FCPA fines...
jason
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