As stated by the CBL association, “Based on our unremitting efforts in covering China’s legal market, we selected the winners under each category after months of research and evaluation, getting direct feedback from the market, examining thousands of votes and recommendations from domestic and international corporate counsel, decision-makers from management, legal academics and government officials, and taking into account significant transactions, cases or other notable achievements in which each firm has been involved in the past year.”
More specifically, we are honored to have been awarded for our continuous support to international non-governmental organizations throughout the various different activities we regularly carry out. This recognition is especially important to us as it resonates with one of our core values of Corporate Social Responsibility.
We would like to take this opportunity to thank our Colleagues and Partners for contributing towards this milestone and to the China Business Law Journal for recognizing our efforts.
#becausewecare
Provisions of the New Company Law on the Dismissal and Resignation of Directors China’s new Company Law, which will come into effect on July 1, 2024, creates the following systems for the dismissal and resignation of directors: first, the shareholders’ meeting may resolve to dismiss a director, but if a director is dismissed before the
The new Company Law was amended and passed on December 29, 2023, and will come into effect on July 1, 2024. The new law shortens the deadline for subscribed capital contributions, allowing companies to adjust their registered capital according to their operational conditions. This article starts by focusing on the key provisions of the new
On March 22, 2024, the Cyberspace Administration of China officially announced the Regulations on Facilitating and Regulating Cross-border Data Flow (“Regulations”) and took effect upon the date of announcement. According to the previous regulatory requirements for data outbound transfer, there are three main methods for data outbound transfer: security assessment, standard contract, and protection certification.
