IN RE: GOLF 255, INC. (July 22, 2011)
Landmark decision holds that the SFO does not have the power to procure documents from foreign companies outside the jurisdiction.
Introduction
With global economies facing uncertain times as a result of the COVID-19 pandemic, and many businesses facing significant challenges to cash flow, revenue and bad debts, the possibility of insolvency will be very real for some companies in the UAE. In such circumstances it is important that directors fully appreciate how their duties and liabilities will be impacted and ensure decisions made in a financial distress situation are made in full consideration of these.
Since the beginning of the COVID-19 pandemic, the Spanish Government has approved a number of financial support measures to address companies’ liquidity requirements, including the creation of two guarantee schemes (líneas de avales) managed through the Spanish Official Credit Institute (Instituto de Crédito Oficial – ICO) in relation to financings granted to companies and the self-employed:
Doing business in the United States
2021
2
Hogan Lovells
Doing business in the United States 2021
3
Contents
Introduction1
I.Openness of U.S. markets to foreign investment
2
II.Direct or indirect market entry and choice of entity
8
III. Commercial contracting
20
IV.Labor and employment law considerations
26
V.Immigration laws
34
VI.Intellectual property laws
40
VII. Export control and economic sanction laws
46
VIII. U.S. antitrust laws
56
Legal developments
Nigel Barnett talks about bribes and other proprietary rights in insolvencies.
Introduction
For over 150 years, it has been a principle of English law that if an agent takes a bribe or a secret commission, he is liable to account to his principal for the amount received. However, there has been conflicting authority and academic debate as to whether the principal merely has a personal claim against the agent or whether he can assert a proprietary claim to the monies received and any profits made therefrom.