Recently, digital art and digital trading cards represented by Non-Fungible Tokens (NFTs), which are non-replaceable digital tokens issued on a blockchain, have been traded for tens, hundreds or even billions of yen. As a result, NFTs have been rapidly gaining attention in Japan.
Paraguay’s political and constitutional context is a proper introduction to Paraguay’s legal and business framework. Paraguay’s current constitution came into effect only 29 years ago in 1992. Except from 2008-13, the government has been in the hands of the same political party (including the military dictatorship period from 1954 to 1989) for the last 67 …
Colombia continues to be one of the preferred countries for investment in Latin America due to the stability of the country, its location, its numerous trade agreements with several markets, its tax incentives and favourable conditions for starting a business which benefits investors.
It is a time of significant change for the Irish insurance market. Business interruption insurance has, in particular, become a focal point of the challenges presented by the Covid-19 pandemic. On 5 February 2021, Justice Denis McDonald of the Irish High Court held that the pub owners were entitled to be compensated by FBD Insurance …
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Would you invest your own money in the outcome of someone else’s court battle? It intuitively sounds risky, but the market for litigation funding across the globe is booming. In the UK alone, the top 15 funders reportedly have almost £2bn of assets under their control, and with the growth of potentially lucrative class action …
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The Argentine Republic is a federal republic and representative democracy, comprised of 23 provinces and the city of Buenos Aires. Argentina is the second largest economy in South America, and is part of the G20. With a mainland area covering 2,780,400 square kilometers, Argentina is known for its vast natural resources and highly diversified economy.
Overshadowed by the pandemic, Latin America’s GDP growth results closed 2020 at nearly -8%, while global GDP growth results closed at -5%. The growth forecast for 2021 is at 4.1%, relying on the vaccination efforts across Latin America countries to combat Covid-19, as well as the many relief packages launched by the world’s biggest economies …
One of the most difficult questions a management team sometimes faces is whether – absent a legal, regulatory or statutory duty to do so – a company should conduct an internal investigation. The answer is relatively easy in most countries if a law enforcement agency is knocking on the proverbial door, the company receives a …
The seventh-largest country in the world by insurance premiums, the South Korean insurance industry is highly competitive. At the end of 2020, life and non-life insurance premiums reached KRW221.9trn (approximately $95.7bn), up 4.3% from 2019. The insurance regulatory framework is a two-tiered supervisory system, with the Financial Services Commission (FSC) overseeing the insurance industry by …
Brand and reputation management is of utmost importance for any company. From a legal perspective, management of rights associated with brand and reputation entails both proactive and reactive measures. Proactive measures include all sorts of protection of intellectual assets, covering protection of IP rights such as trademarks, design and patents, and protection of IP assets …