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Our lawyers discuss the Singapore International Commercial Court's recent launch of a model clause for arbitration-related matters under the International Arbitration Act.
02 November 2022Gibson Dunn & Crutcher has recruited partner Paul Tan in Singapore to lead its international arbitration practice in Asia – while the London office welcomes of counsel Robert Spano, who has just stepped down as president of the European Court of Human Rights.Tan joined the firm yesterday, while Spano will join at the
Gibson Dunn & Crutcher has recruited partner Paul Tan in Singapore to lead its international arbitration practice in Asia – while the London office welcomes of counsel Robert Spano, who has just stepped down as president of the European Court of Human Rights.
ACR”) entered into force, also known as “GWB Digitalization Act” (the “ Amendment”). With the passing of the Amendment[1], Germany is setting the pace for an ambitious goal: the regulation of digital platforms. As noted during the parliamentary discussion[2], the new provisions are specifically designed to provide the German Federal Cartel Office ( Bundeskartellamt) with an efficient instrument against alleged “Wild West methods” in the digital sector to keep digital markets open. The Amendment also introduces a number of other changes to the German Competition Act concerning, inter alia, antitrust investigations procedure, leniency and cartel damage claims. In the legislative process, the German Parliament has also implemented some last-minute changes to the merger control provisions: the two domestic turnover thresholds were increased from EUR 25 million to EUR 50 million, and from EUR 5 million to EUR 17.5 million. This major policy shift will result in a significant decrease of notifiable transactions, thereby freeing up capacities within the
Recovering from a relatively slow start to the year, due in no small part to the global pandemic, the U.S. Foreign Corrupt Practices Act (“FCPA”) Units of the U.S. Department of Justice (“DOJ”) and Securities and Exchange Commission (“SEC”) closed the year with a bang. With 32 combined FCPA enforcement actions, 51 total cases including ancillary enforcement, and a record-setting $2.78 billion in corporate fines and penalties (plus billions more collected by foreign regulators), 2020 marks another robust year in the annals of FCPA enforcement. This client update provides an overview of the FCPA and other domestic and international anti-corruption enforcement, litigation, and policy developments from 2020, as well as the trends we see from this activity. We at Gibson Dunn are privileged to help our clients navigate these challenges daily and are honored again to have been ranked Number 1 in the