The Impact of the New Company Law on Insurance Corporate Governance

The newly revised Company Law (“New Company Law”) was adopted at the 7th Session of the Standing Committee of the 14th National People’s Congress on December 29, 2023, and has come into effect on July 1, 2024. This article provides a concise analysis of the implications of the New Company Law for corporate governance in insurance companies, offering insights for readers’ reference.

I. Further Emphasizing Corporate Social Responsibility

The concept of corporate governance has long been debated in narrow and … Read the rest

IBC vs. PMLA: Supreme Court Reinforces Jurisdictional Boundaries in Kalyani Transco Case

IBC vs. PMLA: Supreme Court Reinforces Jurisdictional Boundaries in Kalyani Transco Case

The Insolvency and Bankruptcy Code, 2016 (“IBC”), was enacted to inter alia provide a consolidated framework to resolve insolvency in a time-bound manner and to maximise the value of assets. This objective is further aided by a moratorium under Section 14 that halts legal proceedings against the corporate debtor, and the immunity provision under Section 32A, which offers a fresh slate to resolution applicants upon plan approval.

On the other hand, the Prevention of Money Laundering Act, 2002 … Read the rest

Multistate Salmonella Outbreak linked to Eggs

As of June 5, 2025, a total of 79 people infected with the outbreak strain of Salmonella have been reported from 7 states (Arizona 3, California 63, Kentucky 1, Nebraska 2, New Jersey 2, Nevada 4, Washington 4). Six ill people in Kentucky, New Jersey, and Washington reported traveling to California and Nevada before they got sick. Illnesses started on dates ranging from February 24, 2025 to May 17, 2025. Of the 61 people with information available, 21 have been … Read the rest

President’s decision to assent to assign the NHI Bill held to be reviewable by the High Court

In a surprising decision which is on appeal, the High Court held that the President’s decision to assent to and assign the National Health Insurance Bill is reviewable because all executive decisions are reviewable under the principle of legality or the law relating to the review of administrative decisions. The court invoked section 173 of the Constitution which gives the Constitutional Court, the Supreme Court of Appeal and the High Court of South Africa inherent power to “protect and regulate their … Read the rest

Week Sixteen and Seventeen in Trade

Week Seventeen

CIT Unequivocally Strikes Down IEEPA Tariffs as Invalid

On May 28, 2025, a three-judge panel of the U.S. Court of International Trade (CIT), in a unanimous decision, held tariffs imposed by the Trump Administration pursuant to the International Emergency Economic Powers Act of 1977 (IEEPA) to be unlawful and invalid. The CIT’s order covers IEEPA tariffs imposed against Canada, Mexico and China related to fentanyl trade (IEEPA Fentanyl tariffs) as well as IEEPA reciprocal tariffs of 10% imposed … Read the rest

Managing cross border sexual harassment investigations in Australia and Asia––10 key considerations for employers (Part 2)

In Part 2 of our series, we’ll look at who forms part of an investigation team, how location affects which laws apply to an investigation, notification and timing requirements. (Part 1 covers the definition of ‘workplace’ harassment, investigation scoping and legal privilege).

#4 – Who should be part of the investigation team?

The composition of the investigation team can significantly impact the effectiveness and credibility of the investigation.

In Australia, some states restrict who can conduct investigations. Subject to this … Read the rest

Broker Entitled to Commission if Seller Thwarted the Transaction to Avoid Paying the Commission

On May 13, 2025, the First Department issued a decision in Picken v. RN Realty LLC, 2025 NY Slip Op. 02888, holding that a real estate broker was entitled to a commission if the seller thwarted the transaction in order to avoid paying the commission, explaining:

This long-running litigation arises from a dispute as to whether plaintiff, a licensed real estate broker, is entitled to a brokerage commission fee from the seller even though the parties did not have

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Trump-ordered MAHA report urges stricter oversight of food safety and additives

The Make America Healthy Again (MAHA) Commission Report addresses food safety and its impact on chronic childhood illnesses in the United States. 

Commissioned by President Donald Trump via executive order on Feb.13, the 14-member panel, chaired by Health and Human Services Secretary Robert F. Kennedy Jr., includes federal officials such as the USDA secretary and FDA commissioner. The report links food additives, pesticides and ultra-processed foods to conditions like obesity, diabetes and ADHD, urging stricter oversight and a shift to … Read the rest