The recent restructuring of cabinet-level regulatory bodies at the State Council will improve the efficiency of the approval processes through the consolidation…
May 08, 2008
Legal
Private equity investor, CVC Asia Pacific, has completed a public-to-private acquisition of the entire business of Asia Dekor Holdings Limited, a Singapore-listed…
May 08, 2008Personnel changes at ministerial-level organizations began immediately after the National People's Congress had approved a new cabinet for the next five…
May 08, 2008US and UK law firms see China as the driving force behind significant profit boosts in 2008, according to the first-ever global strategic survey by the…
May 08, 2008The Supreme People's Court of China has issued new regulations on delivering civil bills of indictment regarding Taiwan residents. The interpretation…
May 08, 2008New York-listed Avery Dennison Corporation has acquired DM Label Group, a manufacturer of woven labels with facilities in China, Vietnam, Malaysia, Indonesia,…
May 08, 2008With the new Land Registration Measures introduced in February the PRC Ministry of Land Resources is making a huge step towards bringing clarity and buyer protection to what has, over the last two decades, become a complicated and confusing procedure for the registration of property. In its enthusiasm to bring about constructive change, however, the central government may find its announced implementation of the new Measures to be a bit ambitious.
May 08, 2008Despite some remaining flaws, arbitration is still the preferred method of dispute resolution for investors in China. This is not only due to the generally applicable advantages of arbitration over litigation but is also linked to the particularities of the Chinese legal system. However, these particularities should be carefully taken into account when drafting the arbitration clause in a contract involving a Chinese party, otherwise the arbitral process could lead to an unenforceable and useless award.
May 08, 2008On May 12, 2008 the Supreme People's Court promulgated the Interpretation of Some Issues regarding the Application of the PRC Company Law, which became effective on May 19, 2008. The new interpretation provides guidelines on the application of Chapter 10 of the Company Law on dissolution and liquidation of companies incorporated in China, including foreign invested enterprises and domestically owned companies, both limited liability companies and joint stock companies.
May 08, 2008The Measures stipulate that land registration shall be carried out jointly by the concerned parties, except in specified circumstances where a single party may make an application.
May 08, 2008