Briefings

China Proposes Draft Privacy Legislation with Significant Potential Implications

By Paul McKenzie and Wei Zhang On July 6, 2015, China’s legislature, the National People’s Congress (NPC), circulated for comment two pieces of draft legislation with significant potential implications for data privacy and data security in China.  Comments can be posted via the NPC’s website www.npc.gov.cn by August 5, 2015.  The key provisions of these

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U.S. Supreme Court Finds That SOX’s Anti-Shredding Provision Does Not Apply To Fish

Snell & Wilmer – Ahron Cohen – When one thinks of the Sarbanes-Oxley Act of 2002 (SOX)—a law created to restore trust in the financial markets following the collapse of Enron—red grouper is not usually the first thing that comes to mind. Nevertheless, the Supreme Court recently decided whether the polychromatic ocean fish is considered

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Top Ten Things to Do When an Employee Resigns to Join a Competitor

Fisher & Phillips – When an employee resigns to join a competitor, it is important to respond promptly. Odds are that the employee has been orchestrating his or her departure for weeks or months. The security of your trade secrets and/or customer relationships may have already been compromised. It is important to act quickly. Here

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ESMA Assessment of Equivalence of Israeli Laws and Regulations on Prospectuses

Davis Polk – On June 29, 2015, the European Securities and Markets Authority (“ESMA”) published an updated opinion on the additional information that it considers will need to be included in a “wrap” to a prospectus drawn up according to Israeli laws and regulations to make it equivalent with the requirements under the European Prospectus

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