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Introduction Companies in the fashion, luxury and agricultural spaces should take action in response to the forced labour supply chain due diligence requirements which Customs recently announced in connection with withhold release orders (WROs) that prohibit the import of cotton and tomato products with any nexus to the Xinjiang province. Following the region-wide WROs against cotton and tomato products produced in China's Xinjiang Uyghur Autonomous Region (XUAR), Customs and Border Protection (CBP) has provided XUAR-specific FAQs. The FAQs clarify CBP's approach to enforcement of the WROs an...

During economic downturns, valuations drop and dealmakers rightly expect a shift from a sellers' to a buyers' market. It is uncertain whether this will prove to be true for the COVID-19 recession. This article highlights how in-house M&A strategists can navigate present acquisition challenges and looks ahead to what the European M&A market may look like in the years to come.

Introduction For the first time in history, a private party has successfully challenged an acquisition and obtained an order requiring a divestiture of a company that had been acquired years before the case was filed. In a highly anticipated decision, a court of appeals has affirmed that order. Even though this case, Steves & Sons, Inc v JELD-WEN, Inc, is a first-of-its-kind result, the decision is centred on principles of antitrust law and procedure that are unremarkable: Private parties can sue for divestiture. This has been a well-known principle based on Supreme Court precedent since at ...

The domestic air transport market is mainly serviced by airlines whose fleets are comprised primarily of leased aircraft owned by foreign lessors. According to Peruvian law, 'local' aircraft are those that are registered in the Peruvian public registry, while 'foreign' aircraft are those that are not. Foreign aircraft may operate in Peru while bearing foreign registration marks (eg, N, C or CC) or obtain provisional local registration marks, but this affects neither the legal definition of the aircraft as foreign nor the title to the assets. It is in the best interests of domestic operators, ...

The Civil Code of Procedure, which has been criticised for sacrificing fundamental rights to achieve accelerated civil proceedings, has finally been amended by the legislature. The new provisions make first-instance litigation more flexible and simpler for both parties. This article examines the most important changes as of 1 January 2021 and whether a fairer balance between form and content has been reached in civil litigation.