Legal

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:

Foreign investors will not be able to take part in the shareholding reform that Chinese websites undergo as they prepare for their initial public offering…

PRC banks ordered to tighten lending

Lex OrbisManisha Singh [email protected] The assignment of rights, and agreements entered thereby, have a crucial role to play in protecting,…

After a number of suicide attempts at an international technology company in China, PRC labour lawyers are advising multinational companies to place greater…

The new opinions from the State Council encouraging private sector investment allow foreigners to participate, especially if they can offer new technologies, but detailed implementation rules are lacking

Two sub-clauses in the new PRC Tort Liability Law determine for the first time the responsibility of network service providers regarding online infringement matters. But implementation and how the courts interpret unclear aspects of the clauses await testing

The Law deals with tort liability relating to products, motor vehicle traffic accidents, medical treatment, environmental pollution, high risk operations, kept animals and things.

Even though new rules on the protection of state secrets fail to fully clarify existing definitions of classified information, they do provide guidance on standards and internal administrative reform for greater consistency across the classification regime