During mergers and acquisitions, the target company provides some short and simple Chinese contracts, but I understand there are informal arrangements behind the papers. How do I flush out informal and oral agreements, hidden shareholders and undisclosed liabilities, and give myself more comfort and protection?
The National People's Congress has passed the amendments to China's Criminal Procedure Law that makes first instance courts more secretive than ever. The changes contradict a statement by Supreme People's Court President Wang Shengjun for more reforms to open up China's legal system
MOFCOM's latest bid to strengthen commercial franchising will protect trade secrets and increase fines for providing false information during promotional activities. The Measures represent China's commitment to regulating this large, but young market
The PRC Trademark Law has been under review since 2005, but the proposed changes fail to address three of the biggest problems faced by trademark owners: well-known trademark recognition, bad faith filing and OEM infringement. Reforms to these big three could transform the Trademark Law and the business environment
Beijing Intermediate People's Court has rejected Chivas Regal's trademark infringement lawsuit against clothing company Chivas Regal 88. Along with the high-profile problems of Apple and Hermes, the case highlights the weaknesses in China's Trademark Law.
Preferential policies for cross-strait investment are benefiting Taiwanese entrepreneurs. While some are still concerned about risks such as exit restrictions and the dispute resolution mechanism, foreign financial institutions are already benefiting from the growing business.
As franchising increases in China, the Ministry of Commerce has released new measures for greater disclosures, including more information when signing agreements.