Forty years ago, law firms were rarely sued, but today they are a favorite litigation target of both disgruntled clients and third parties, such as investors or bankruptcy trustees, when a transaction or lawsuit has a bad outcome.

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction halting enforcement of the Corporate Transparency Act (“CTA”).

The clock is ticking—just 49 days remain until the one-year filing deadline for the Corporate Transparency Act! Entities established before January 1, 2024, must submit a beneficial owner information report by December 31, 2024.

In the recent decision of ASIC v PayPal Australia Pty Ltd, the Federal Court found that a provision in PayPal Australia Pty Ltd’s standard form contracts constituted an unfair contract term (UCT).

In Taiwan, neither the Taiwanese Civil Code nor other commercial laws explicitly define or regulate joint ventures. However, both the collaborations between local enterprises and multinational enterprises seeking local partners in Taiwan have a high demand for JV business models.

Is it true that arbitration is (1) cheaper than litigation, (2) quicker than litigation, (3) totally confidential, and therefore (4) preferable to litigation? Frequently the answer is No.

In the complex landscape of global finance, sanctions have emerged as an essential tool for enforcing international law and maintaining geopolitical stability.

The Fair Trade Act and the Enforcement Rules of Fair Trade Act are two basic rules pertaining to various competitive behaviours in Taiwan. This field of law may be roughly divided into two parts: restraints of competition and unfair competition.

The Federal Court has reinforced that obtaining legal advice can protect a party from civil penalties, even if it has been proven that the party contravened the law.

Economic conditions are challenging. As often happens during downward business cycles, strong business relationships are fraying and minority partners, often investors, are finding themselves shut out.

Merger and acquisition purchase agreements generally include indemnification provisions, pursuant to which a given party (“indemnitor”) agrees to defend, hold harmless, and indemnify the other party or parties (“indemnitees”) from specified claims or damages.

While, like most countries, dividends received by a parent company from its subsidiaries may enjoy certain tax exemptions, various tax laws in Taiwan prevent taxpayers from obtaining undue tax benefits through related-party transactions.

Any company may enact its own regulations for competition compliance and then submit these in writing to the Fair Trade Commission for filing, as well as take action towards these regulations, or may publish similar content on the company's website.