What remedies are available to insolvent corporations/individuals in your jurisdiction? Under Republic Act No 10142 (Financial Rehabilitation and Insolvency Act of 2010 (FRIA)), which governs proceedings for the rehabilitation and/or liquidation, insolvent juridical debtors may undergo: (1) rehabilitation; or (2) liquidation proceedings.
The Bahamas, like many other countries, saw a marked increase in the use of technology and e-commerce services as a result of the Covid-19 pandemic. While many Bahamians withstood lockdowns and prolonged periods of mandatory social distancing, technology provided a mechanism through which transactions could be conducted (and contracts could be executed) without the parties …
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Article 14 of the Constitution of Pakistan recognises ‘the dignity of man and, subject to law, the privacy of home’ as a fundamental right – violation of this right would therefore be extra-constitutional.
In the years preceding the Brazilian Data Protection Law (Law No. 13.709/2018 or LGPD), there were already legal texts in force that provided for the protection of privacy and personal data in a sparse manner in Brazil, such as the Federal Constitution of 1988, the Consumer Defense Code – Law No. 8.078/90, the Civil Code …
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This is the third time we have run a boardroom priorities survey and the responses are helping build a strong picture of evolving priorities as boards face unprecedented challenges. Thank you to all those who have participated to help create valuable insights.
Primary laws and regulations China began establishing its comprehensive legal regime in regard to privacy, data protection and cybersecurity in 2016, when the Cybersecurity Law (CSL) was promulgated. The legal regime was principally established in 2021 when the Data Security Law (DSL) and the Personal Information Protection Law (PIPL) came into effect. The PIPL, DSL …
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BGBG is one of the few Mexican law firms with a practice exclusively dedicated to data protection and privacy matters. How is it that you came to this? Héctor: Back in 2011, when we started this practice, there was little knowledge and interest in Mexico in data protection. Some colleagues even said to me that …
Introduction Our society is becoming increasingly interconnected and digital. At the same time, cyberattacks are constantly increasing and headlines about successful cyberattacks appear in the media on a daily basis. In its latest report on the state of IT security in Germany, the Federal Cyber Security Authority (BSI) notes an overall increase in cyberattacks, as …
This year features as an important one for arbitration in the UK with Scotland hosting the largest international arbitration gathering in the world between 18 to 21 September. The International Council for Commercial Arbitration (ICCA), accredited as an NGO by the United Nations, is holding its bi-annual conference in Edinburgh, a little over ten years …
Following the withdrawal of the United Kingdom from the European Union, UK authorised insurance intermediaries lost their regulatory permissions under the Insurance Distribution Directive (IDD) to carry on insurance distribution activities in respect of EU/EEA based risks and commitments.