On March 25, 2020, the Senate passed on a bipartisan basis the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. With more than US$2 trillion in total relief and US$350 billion in support for small businesses, this bill, if enacted, would represent the third phase of legislation intended to help families and companies … Continue Reading
As we all wait eagerly to see what will be included in Congress’ most recent economic stimulus plan, companies may be interested to see what stimulus packages are already being offered. A list is here. If you hear of others, let us know!… Continue Reading
The impact of the COVID-19 pandemic on the global economy needs not restating. The saying “desperate times call for desperate measures” fits the current environment well. Governments throughout the world have instituted or are considering unprecedented measures to keep up with the demand for the medical products necessary to combat COVID-19. Several such developments come … Continue Reading
On March 18, 2020, President Trump issued an Executive Order on prioritizing and allocating health and medical resources to respond to the spread of COVID-19 in the US, citing the Defense Production Act of 1950 (DPA), as amended (50 U.S.C. 4501 et seq.). The DPA confers on the President, and his administration, a broad set … Continue Reading
With the rapid spread of coronavirus disease 2019 (COVID-19), commonly known as the “coronavirus” or COVID-19, lawmakers are proposing and voting on policies to aid people and industries affected by the virus. Several legislative packages have already been enacted, and our elected officials continue to negotiate bills to assist our communities and economy. Our colleagues … Continue Reading
Companies are asking whether, in the context of coronavirus disease 2019 (COVID-19) lockdowns, their business counts as an “essential service”. Our colleague Matthew Kirk has prepared a client advisory that addresses this issue from a European perspective, gives a little background to what we see of governments’ approaches to this question so far, and suggests … Continue Reading
“The problem in public life is learning to overcome terror…” ― Gabriel García Márquez, Love in the Time of Cholera There is significant information circulating about how businesses should respond to COVID-19 and overcome the fear and uncertainty about the virus and what comes next. It is easy to find articles about important matters regarding how to … Continue Reading
The globalization of business, combined with the rapid spread of the coronavirus disease 2019 (COVID-19), commonly referred to as the “coronavirus,” renders multinational corporations highly susceptible to litigation in US courts. US companies that have been damaged by COVID-19 issues will likely seek redress through litigation, and foreign businesses operating in the US must be … Continue Reading
The situation concerning the novel coronavirus (officially known as COVID-19) is rapidly evolving. The landscape of the virus’ spread and its impacts continues to change dramatically, with hundreds, sometimes thousands, of new cases being confirmed every day and new countries—far from the likely origin of the virus in Wuhan, China—being added to the map of the virus’ … Continue Reading
In a prior client advisory on the legal implications of coronavirus disease 2019 (“COVID-19”) in China, we explored employment, force majeure, data privacy, tax and other issues. Our colleague in our Shanghai office, Daniel F. Roules, has prepared a supplemental client advisory, identifying specific supply chain issues that are arising from COVID-19. As China is … Continue Reading
Our colleagues Laura Lawless, William J. Kishman, Adam D. Colvin, Kimberly J. Donovan, and John E. Wyand have prepared a comprehensive client advisory on the impacts of the coronavirus disease 2019 (“COVID-19”) on organizations in the United States. While every business faces unique considerations, the document provides detailed guidance that should be considered as organizations … Continue Reading
Our colleagues in our Beijing and Shanghai offices, Daniel F. Roules, Sungbo Shim, Laura Wang, Ju (Lindsay) Zhu and Changshun (Ryan) Chen, have prepared an in-depth and well-developed client advisory on the impacts of the coronavirus (“COVID-19”) on companies operating in China. The document provides detailed guidance on several topics, including employment matters, force majeure in … Continue Reading
As a tactic in the ongoing civilian aircraft subsidies dispute between the US and the EU at the World Trade Organization, the US government has proposed a preliminary list to tax about US$11 billion worth of products exported to the US from the EU. The product list includes two sections, one focusing specifically on products … Continue Reading
Our colleagues Matthew Lewis, Matthew Kirk, and Robert MacLean have prepared another in-depth analysis of the current status of Brexit. You can read and download the full update here. The range of options, and timescales, days after the UK should have left the EU, remains as wide as ever. We are still some way from knowing what future trading relationships will look like. … Continue Reading
The UK is scheduled to leave the EU on March 29, 2019, but so far the UK has failed to ratify a Withdrawal Agreement. Whether the UK will leave with or without a deal remains unclear, and the analysis changes on a near-daily basis. Regardless of outcome, however, the nature of the UK’s future trading relationship with the EU will need to be … Continue Reading
The UK is scheduled to leave the EU on March 29, 2019. At this time, however, the UK has failed to ratify a Withdrawal Agreement, risking a “no-deal” exit. Whether the UK will leave with or without a deal remains unclear, and the analysis changes on a near-daily basis. Regardless of outcome, however, the nature of the UK’s future trading relationship with the EU … Continue Reading
In the most recent edition of the Tax Strategy & Benefits Newsletter, our colleagues address international efforts to find a consensus on the tax challenges arising from digitalization of the global economy. The G20/OECD Base Erosion and Profit Shifting (BEPS) Project has so far failed to find an international consensus. That delay and lack of progress has … Continue Reading
On Tuesday, November 6, voters across the US cast ballots in the first major referendum since the election of President Donald J. Trump in 2016. As a result of the most expensive midterm elections in history, Democrats will be in charge of the House of Representatives and Republicans will expand their control of the Senate … Continue Reading
The following is an update from Frank Samolis, a partner in our Washington DC office, and an associate in our Washington DC office. Frank is co-chair of our International Trade Practice and he advises clients on a wide range of international trade matters. In the past few months, the United States has rolled out three … Continue Reading
We have published our latest legal updates for February 2018, highlighting some key commercial and intellectual property developments in the US. The update can be accessed by clicking on the document below.… Continue Reading
We have published our latest legal updates for January 2018, highlighting some key commercial and intellectual property developments across Mainland China, Hong Kong, and the US. The update can be accessed by clicking on the document below.… Continue Reading
We have published our latest legal updates for November-December 2017, highlighting some key commercial and intellectual property developments across Mainland China, Hong Kong, and the US. The update can be accessed by clicking on the document below. … Continue Reading
We have published our latest legal updates for October 2017, highlighting some key commercial and intellectual property developments across Mainland China, Hong Kong, and the US. The update can be accessed by clicking on the document below.… Continue Reading
We have published our latest legal updates for September 2017, highlighting some key commercial and intellectual property developments across Mainland China, Hong Kong, and the US. The update can be accessed by clicking on the document below.… Continue Reading
