Legal

• Call Option Issues in Cross-border M&A Transactions

  By David Liu anad Natasha [email protected]; [email protected]: www.pdlo.comCall option arrangements are frequently seen in M&A deals,…

  September 02, 2004

• Supreme People's Court, The Question on People's Court's Refusal to Handle a Retrial Request by a Party Concerned that is not Satisfied with the Ruling to Dismiss its Application to Vacate an Arbitral Award Official Reply

  最高人民法院昨关于当事人对驳回其申请撤销仲裁裁决的裁定不服而申请再审，人民法院不予受理问题的批复

  People's Court refuses retrial after an arbitral award is upheld.

  September 02, 2004

• Reforming China's Approval System for Investment Projects

  By Michael [email protected]: www.freshfields.comThe State Council's Reform of the Investment System Decision (the Decision), issued…

  September 02, 2004

• State Administration of Taxation, Issues Concerning the Strengthening of the Follow-up Administration after Abolishing the Examination and Approval Requirement for Changing the Place of Settlement of Individual Income Tax Accounts by Partnership Enterprise Investors Circular

  国家税务总局关于取消合伙企业投资者变更个人所得税汇算清缴地点审批后加强后续管理问题的通知

  Issued: June 29 2004Main contents: The State Administration of Taxation has decided to abolish the examination and approval requirement for changing the…

  September 02, 2004

• Commercial Banks and Subordinated Bond Issues

  By Wantao [email protected] June 17 2004, the People's Bank of China and the China Banking Regulatory Commission (CBRC)…

  September 02, 2004

• Matters Relevant to Investments in Convertible Corporate Bonds by Insurance Companies Circular

  中国保险监督管理委员会关于保险公司投资可转换公司债券有关事项的通知

  Insurance companies are now allowed to invest in convertible corporate bonds.

  September 02, 2004

• Ministry of Justice, Administration of Partnership Law Firms Procedures

  合伙律师事务所管理办法

  Raised the qualification requirements of and more responsibilities for partners.

  September 02, 2004

• China Securities Regulatory Commission, Issues Relevant to Regulating Offshore Listing of Subsidiaries of Domestic Listed Companies Circular

  关于规范境内上市公司所属企业到境外上市有关问题的通知

  The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.

  September 02, 2004

• Shenzhen City, Guidelines on Legal Service Fees in Sales and Purchases of Real Property Implementing Procedures (Trial Implementation)

  深圳市律师在房地产买卖活动中法律服务收费指引实施办法(试行)

  Issued: April 26 2004Effective: April 15 2004Applicability: The Procedures apply to law firms and entrusting parties established in Shenzhen (Article 2).Main…

  September 02, 2004

• State Food and Drug Administration, Administration of Internet-based Pharmaceutical Information Services Procedures

  国家食品药品监督管理局互联网药品信息服务管理办法

  Promulgated: July 8 2004Effective: as of date of promulgationInterpreting authority: State Food and Drug AdministrationApplicability: The Procedures apply…

  September 02, 2004