Many companies conduct audits of suppliers for compliance with applicable laws, including laws regulating forced labor, trafficking, underage labor, worker safety, and related human rights matters. But what are the key legal considerations in conducting supplier compliance audits, and what is the best practice for doing so?
Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their citizens from the spread of the COVID-19 virus while at the same time reopen their economies in accordance with phased reopening plans. Keeping abreast of the evolving nature of these orders and plans as the spread of the virus continues to evolve is critical to the functioning of all businesses throughout the country.
On August 27, 2020 the Department of Commerce’s Bureau of Industry and Security (“BIS”) published a long-awaited advance notice…
On September 1, 2020, the US Department of State’s Bureau of International Security and Nonproliferation, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), and the US Department of Commerce’s Bureau of Industry and Security issued a joint advisory on North Korea’s ballistic missile procurement activities (“Advisory“). …
Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local…
The North America Trade Secrets Practice presents a closer look at the DOJ’s China Initiative, which was announced in 2018, and what it means for investigating and prosecuting claims of trade secret misappropriation that involve a China aspect. How, if at all, would a new presidential administration be likely to change the Initiative? What has happened so far, and what are the trends?
In the second part of this two-part series, Baker McKenzie’s leveraged finance teams in London and New York consider available remedies under both English and New York law if commitments are not met. In the first part of this series we set out the importance of funding certainty and examined…
On August 26, 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments that expand the definition of…
On 2 September 2020, the Baker McKenzie State and Local Tax (SALT) Subpractice Group covered the latest coast-to-coast state and local tax developments.
The Antitrust Division of the Department of Justice (“DOJ”) has released an updated Merger Remedies Manual (the “2020 Manual”), setting out the DOJ’s framework for approaching remedies designed to preserve competition in merger cases. The 2020 Manual emphasizes the DOJ’s preference for structural remedies in both horizontal and vertical merger cases, but provides a narrow pathway for behavioral remedies and hybrid approaches. The 2020 Manual also sets out the DOJ’s expectations for consent decrees to improve their effectiveness and the DOJ’s ability to enforce them.