Law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
The Massachusetts Supreme Judicial Court recently examined whether the liquidated damages provision in a commercial lease (i) constituted an unenforceable penalty clause as opposed to a reasonable prediction of damages, and (ii) could be invalidated due to a party’s level of sophistication or lack thereof.
The objective of the preliminary interpretation mechanism is to guarantee the uniform and coherent application of the rules of the Andean Community legal system by national judges. This mechanism is activated when national judges must resolve a controversy that involves one or more rules of community law. Furthermore, according to the interpretive legal criterion, it is not necessary to issue a new ruling if the Court of Justice of the Andean Community has already previously interpreted the norm in question.
The market for non-alcoholic or low alcohol alternative drinks has exploded in recent years. With consumers becoming more health conscious than ever, coupled with demographic shifts away from alcohol consumption, it is no surprise that people have been drawn to the possibility of avoiding a hangover.
Chile has been a pioneer in signing an extensive and diverse network of trade agreements, both bilateral and multilateral, that have significantly transformed its position on the global economic stage.
The CDI plans to eliminate double taxation in terms of taxes on income and wealth using the tax credit method, that is, allowing the refund in the country of residence of the taxpayer (under certain conditions) of the taxes paid in the other country.
Interconsulting is thrilled to announce the successful renewal of its quality certification, underscoring its commitment to excellence in service delivery. The certification, granted by the SGS (Quality Management System), meticulously documents the processes, procedures, and responsibilities within the company.
Periodically in the course of life, you might be asked to give a personal guarantee. You might be the owner of a business which wants to borrow money and as well as your company giving a charge over property or over its other assets to the bank or finance company, they might want you to guarantee the company’s payment obligations.
This article summarises the key information provided at the ANZ Food Regulatory System Stakeholder Forum that is most relevant from a food industry perspective, particularly the regulatory priorities that were identified for 2024.
On December 11, 2023, Law 21,634 was published, which modernizes the public procurement regime. Below are some interesting modifications introduced by this law.
In August 2023, Food Standards Australia New Zealand published a recall notice in relation to an oats product. The reason for the recall was due to a failure to declare gluten. However, the product in question bore the statement “no gluten detected” and in the nutrition information panel (NIP) it read “Gluten – NIL DETECTED”.