The law has added more responsibilities to a legal person, some of which may not be covered by existing insurance policy. But it is a good chance for the corporations to re-visit their SHE (safety, environmental, health) procedures and policies, to avoid any possible breach of the new law
Business as usual
With the new PRC Tort Liability Law coming into effect on July 1 2010, CLP contacted a number of China-based in-house counsel to find out what their thoughts were on the potential impact of the new regulation on their business. Here's what some of them had to say:
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