Tag: legal update 2022

UFLPA Enforcement Remains Work in Progress

US Customs and Border Protection’s (“CBP”) implementation of the Uyghur Forced Labor Prevention Act (“UFLPA”) remains a work in progress, as importers work to mitigate shipment detentions and respond to UFLPA reviews and enforcement actions. Emerging best practices may guide stakeholders as they navigate these uncertainties. Develop a Due Diligence System Due diligence systems allow companies to proactively evaluate forced labor risks within their supply chains through comprehensive information gathering and robust risk assessments, which can mitigate the legal and reputational consequences of forced labor. To establish a due diligence system, a company should: Continuously collect information on Tier 1…Continue Reading

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

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The new leadership team of bankrupt cryptocurrency exchange FTX.com has threatened legal action against political and charitable organizations that fail to return donations they received when the exchange was led by Sam Bankman-Fried, according to a statement released Sunday. FTX requested the funds be returned by Feb. 28, claiming that they “reserve the right to commence actions before the Bankruptcy Court” if the funds are not returned by that date, with interest accruing from the date any action is commenced. Recipients of such funds were also warned that making subsequent charitable donations of the equivalent amount being sought for return…Continue Reading

Be Reasonable: The Enforceability of Post-termination Restrictive Covenants

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The impact on working arrangements caused by the pandemic has led many workers to re-evaluate what they want from a job, with considerations such as flexible and remote working becoming both more desirable and attainable. This is affecting businesses in all sectors, and the impact it can have is not only on a business’s workforce but also on its customer base that is far reaching. One of the most important things to consider when a worker leaves a business is restrictive covenants. These are often contained in the employee’s employment contract, service agreement or, in some circumstances, a shareholders agreement.…Continue Reading

Case Update: Dwyer v Fredbar in the Court of Appeal

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In our previous article about post-termination restrictive covenants we discussed the High Court case of Dwyer (UK Franchising) Limited v Fredbar Limited [2021] EWHC 1218 as an example of covenants being found unreasonable and therefore unenforceable. Since then, the Claimant has appealed the judgment and the Court of Appeal has once again found in favor of the Defendant. So what does this mean for those trying to enforce, or avoid, restrictive covenants? The Facts The facts of the case are set out in our previous article (link above). However, in short, the Claimant (Dwyer) is the franchisor of ‘Drain Doctor’,…Continue Reading

Upcoming Webinar: 2022 Chemicals Workshop Webinar Series: PFAS, REACH and Other Chemical Regulatory Issues

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Please join us on Thursday, October 13 at 12PM EDT for 2022 Chemicals Workshop Webinar Series: PFAS, REACH and Other Chemical Regulatory Issues. Join Allen Kacenjar, Lianne Mantione and Anita Lloyd for the second webinar in our two-part 2022 Chemicals Workshop webinar series, in partnership with the Ohio Chemistry Technology Council (OCTC). In this session, we will provide an overview of the rapidly evolving landscape related to per- and polyfluoroalkyl substances (PFAS), including proposed listing of perfluorooctane sulfonate (PFOS) and perfluorooctanoic acid (PFOA) as hazardous substances under the Comprehensive Environmental Response, Compensation , and the Liability Act (CERCLA), regulation under…Continue Reading

List of 102 Legal Loans Registered at OJK, Update January 2023

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KOMPAS.com – The public continues to be encouraged to use online loan services (pinjol) legally and registered with the Financial Services Authority (OJK). The reason is that currently there are still various illegal loans that can be detrimental to society. Therefore, before using online loan services, it is always necessary to check regularly the list of legal loans on the official OJK website. As usual, OJK will periodically release a list of legal loans that have obtained OJK permits and are legal as of January 2023. Reporting from the official website ojk.go.id there is the latest information regarding the termination…Continue Reading