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CrossChx Inc, Aware and 1 more | 1 Aug 2022

The Use of Crowdsource Funding and Game Theory in the Decentralized Arbitration Process

The accelerated pace of digitalization has created exponential growth in the number of transactions that are being conducted online and across jurisdictional boundaries. With this surge in e-commerce comes a surge of disputes related to online transactions. Settling these disputes through traditional courts is time-consuming, inefficient, and costly. Decentralized arbitration—a subset of......
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Khaitan & Co., Aditya Birla Management Corporation Private Ltd | 1 Aug 2022

Seismic Shift of Luxury Brands in India

With the financial difficulties brought about by the COVID-19 induced pandemic, the fashion and lifestyle industry saw a colossal shift. During Pandemic, we noticed marriage of many acclaimed luxury brands with the Business Houses. This gave much needed impetus to the luxury brands to stay relevant in the digital era. The Industry which was meant only for niche-class customers witnessed entry......
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Sumitomo Mitsui Trust Bank, Limited | 1 Aug 2022

U.S. Plays Catch-up to Close Long-Standing Gaps in Anti-Money Laundering Laws: Part Two: Focus on Real Estate Transactions

Part One of this Article focused on the U.S. Government’s anti-money laundering/contra terrorist financing (“AML”) efforts, certain deficiencies in the 2001 USA Patriot Act, which was enacted following the terrorist attacks of September 11, and the attempt to correct those deficiencies through passage of the Anti-Money Laundering Act of 2020 (the “2020 Act”). Part One mentioned that the 2020......
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Mediamarket SpA (Mediaworld) | 1 Aug 2022

Issues Deriving from Limitation of Liability Clauses From a Data Protection Perspective and Possible Remedies:

The limitation of liability clauses are usually structured as to restrict one of the parties’ legal responsibility to: direct damages; a sum not exceeding a certain cap (generally, consideration paid – not owed – during the preceding 12 months).Under Italian law limitation of liability clauses are not applicable in case of gross negligence and willfull act but it is still difficult to......
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Mynews Retail Sdn Bhd | 1 Aug 2022

The Unsettled Rights of Tenants in Malaysia

This article emphasizes on the call for Landlords and Tenants in Malaysia to be governed under one singular, independent, and all-encompassing legislation instead of having the need to refer or rely on various other legislation of the country. Therefore, as consequence to the absence of the required legislation, the Landlords and Tenants are found prone to exploitation and illegitimacy as far......
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Ericsson GmbH | 4 Jul 2022

Cellular Standards in the IoT: A Brief Practical Guide for Licensing Negotiations

Global cellular standards (e.g., 4G/LTE and 5G/NR) are a key driver of the advancing digital transformation of the economy and society. In recent decades, open standardization in the telecommunications field has led to unprecedented technological progress, which has boosted innovation, fuelled economic growth, and has changed the way people work, execute financial transactions, purchase and......
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FacilitySource, LLC dba CBRE Retail & Multi-Site, DiSanto & DiSanto, PLC | 4 Jul 2022

HELP WANTED: Sensible Immigration Options for U.S. Employers

“Nobody wants to work anymore” as evidenced by the Great Resignation is a sentiment that has been widely publicized, and has seemingly become part of the American psyche following two and a half years of a global pandemic, stay at home orders, and supply chain breakdowns. Many companies have experienced an employee exodus. In certain cases, employers have relied upon their remaining workers......
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Bird & Bird AARPI, GROSFILLEX Group | 4 Jul 2022

Management of Unpaid Debts

The internationalisation of contractual and business relations implies that contractors and subsidiaries are no longer negotiating and doing business solely in their country of origin but that they have bases abroad, sometimes in very different jurisdiction. Consequently, the financial flows come from very different countries. The difficulty arises when payment incidents occur due to a......
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Max Bupa Health Insurance Company Limited | 4 Jul 2022

Bankruptcy Code & Once the Vilified Promoter-Averse Approach

The report of the Bankruptcy Law Reforms Committee Volume I: Rationale and Design dated November 2015 stated that the IBC was construed to resolve the twin problems in Indian business environment firstly:“the recovery rates obtained in India are among the lowest in the world. When default takes place, broadly speaking, lenders seem to recover 20% of the value of debt, on an NPV basis”......
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DunnCox, Sagicor Group Jamaica Limited | 4 Jul 2022

How to separate the right way: The Jamaican Perspective

For employers and prospective employers, having a clear understanding of the employment law landscape in Jamaica is essential to successfully operating in Jamaica. This understanding involves knowing what the employer’s obligations during employment are and, as is the focus of this paper, knowing what its obligations are at the point of separation of the employee from the employment.
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