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Arbitration in South Korea: A New Phase Begins
To mark the opening of Herbert Smith Freehills' new office in Seoul, we examine arbitration in South Korea. Whilst the Korean Commercial Arbitration …
Employment Law Update: changes to Japan's Employment Laws effective from 1 April 2013
On 1 April 2013, Japan's minimum retirement age increased to 65 years, with further restriction on scope to refuse re-employment after an earlier company …
IP-rich Japanese companies may face new competition issues in Europe: CJEU's decision in AstraZeneca
Japanese companies that enjoy a dominant position in a particular market in Europe are likely to be aware that they are subject to high standards of …
Vertical agreements - a hot topic in Asian competition law enforcement
On 22 February 2013, two provincial branches of National Development and Reform Commission of the People's Republic of China ("NDRC") (Guizhou Price …
Unilateral jurisdiction clauses may not always be effective
Dispute resolution clauses that give one party the right to choose where disputes will be resolved are not uncommon, particularly in finance agreements. …
Warning to companies of the Importance of compliance with EU merger control filing requirements: EU General Court upholds €20 Million fine imposed on Electrabel
On 12 December 2012 the EU General Court dismissed Electrabel's appeal against the €20 million fine the European Commission had imposed on it for failing …
P.R.I.M.E. Finance – A New Dispute Resolution Option for the Financial Sector
The Panel of Recognised International Market Experts in Finance, ("P.R.I.M.E. Finance" or "PRIME"), is a newly established dispute resolution body based …
Private Wealth Newsletter - Autumn 2012
The Private Wealth Team has recently launched a new Guide to Private Wealth in Asia. The Guide summarises the results of research conducted into …
Sovereignty over islands and consequences for maritime boundaries: the dispute over Senkaku/Diaoyu/Diaoyutai Islands
The last few weeks have seen anti-Japanese protests in almost a dozen Chinese cities. Demonstrators took to the streets apparently in response to …
A rock or an island? The significance of Okinotorishima and its status under the international law of the sea
Okinotorishima is an atoll in the Philippine Sea. Most of it reportedly lies below sea level even at low tide, with only two small areas appearing above …
Bilateral Investment Agreement signed between Iraq and Japan on 7th June 2012
A bilateral investment agreement or treaty (BIT) between Japan and Iraq was signed on 7th June 2012. This is the first BIT between Iraq and a major …
Trilateral Investment Agreement signed by China, Japan and South Korea
On 13 May 2012, China, Japan and South Korea signed the Agreement among the Government of Japan, the Government of the Republic of Korea and the …
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