A judicial interpretation issued by the Supreme People's Court is likely to lead to further shareholder representative litigation in respect of affiliated transactions, although more clarity is needed
The Supreme People's Court (SPC) 2018 Annual Report on Intellectual Property serves as a tool not only for precedential value for the lower courts but also a guide that provides insight for predictable outcomes of future disputes.
Troy Rice of SIPS Hong Kong discusses the implications for foreign IP owners of the recent changes to foreign investment, cross-border tech transfer, and trade secrets laws, as well as cross-border agreement drafting considerations in light of these developments.
MOFCOM will release a shortened negative list for foreign investment in the first half; SAFE requires local registration for cross-border online transactions; and shareholders can sue to prevent harmful transactions.
The CSRC has agreed its first administrative settlement with Goldman Sachs and Gao Hua Securities; seven themed funds were approved for Shanghai's new Sci-Tech Board; and the National People's Congress is reviewing measures to tighten up the production and sale of drugs.
