Note of Caution: Record Fines On 12 Japnese Auto Parts and Bearing Manufactures – Analysis of the NDRC’s Penalty Decision and Countermeasures of Companies

By | China Law Vision | August 27, 2014
Note of Caution: Record Fines On 12 Japnese Auto Parts and Bearing Manufactures – Analysis of the NDRC’s Penalty Decision and Countermeasures of Companies

Within six years of implementation of China’s Anti-Monopoly Law, the China’s law enforcement agency responsible for supervising price monopoly, the National Development and Reform Commission (“NDRC”) continues to strengthen its law enforcement efforts with rounds of “antitrust storm” that swept across a number of industries and companies along with record fines.

Discussing the Director Risks Posed by a UK Subsidiary

By | The D&O Diary | August 22, 2014
Discussing the Director Risks Posed by a UK Subsidiary

In the modern international business, it is common practice to have subsidiaries spread across the globe. The local subsidiary poses many advantages; allowing the business to meet local compliance requirements; insulate the rest of the group from local risks; and efficiently structure the tax burden of the local operation.

Agent Held Responsible for Underinsurance

Agent Held Responsible for Underinsurance

I have made it a point to blog about an insured’s responsibility when it comes to obtaining insurance policies and the right kind of coverage. In California, having the sole allegation that a broker or agent didn’t provide the right policy when an insured didn’t read the policy is usually a losing argument for liability upon the broker or agent.