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Newswire – Latest Legal Articles
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New York Court of Appeals Rejects Constitutional Challenge to Daily Fantasy Sports Law, Reversing Lower Court Rulings
On March 22, 2022, the New York Court of Appeals held that the historical prohibition on “gambling” in Article I, §9 of the New York Constitution does not encompass skill-based...
read moreGermany Covid Update
Background At the end of last year, the Federal Government amended § 28b of the Infection Protection Act ("IfSG"). The aim of the legal regulation was that employees (m/f/d) may...
read moreTrade Dress Case Results in Record Damages in Thailand
Trade dress, which refers to the visual appearance of a product and packaging, as well as the product’s placement at its point-of-sale (store layout), was at the center of an...
read moreNEW YORK APPELLATE COURT RESTORES INSURER’S RIGHT TO SEEK PRO RATA ALLOCATION OF SETTLEMENTS BETWEEN INSURED AND UNINSURED PERIODS
In Liberty Mut. Ins. Co. v. Jenkins Bros., 2022 N.Y. App. Div. LEXIS 1846 (App.Div. 1st Dept. March 22, 2022), the New York Supreme Court, Appellate Division, First Department, issued a ruling reversing...
read moreAnti Shell Directive – The EU cracks down on letterbox companies
On 22 December 2021, the EU Commission published a proposal for a new regulation "to determine rules to prevent the misuse of letterbox companies for harmful tax purposes". This regulation...
read moreUK Update: New pension trustees are often surprised by how much they have to learn.
While the law gives them six months to get up to speed with the basics, the requirement to keep learning will continue throughout their trusteeship. Increased regulatory burden for pensions...
read moreA step forward for data management: ASEAN Data Management Framework and ASEAN Model Standard Contractual Clauses for Cross Border Data Flows
On 30 November 2021, the Personal Data Protection Commissioner issued an advisory recognizing the adoption of the ASEAN Data Management Framework (“DMF”) and the ASEAN Model Contractual Clauses for Cross Border Data Flows (“MCCs”) which were...
read moreIndia Update: M&A trends in 2021 and the outlook for 2022
M&A activity worldwide has seen a year-on-year rise due to a myriad of factors, including, relaxed regulatory scrutiny, reduced operating costs, and beneficial tax regimes. The disruption caused by the...
read moreKorea Update: Summary of President-Elect Yoon’s Policy Pledge & Impacts on Industries
Shortly after his election, Seok Yeol YOON, the 20th president-elect, emphasized that the “private sector” is key value of the new administration, signaling a major policy change in many areas. ...
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