A Fresh Perspective on the Importance of Making a Will

Given that Friday is still a couple of days away, you may enjoy reading this amusing article: Top Ten Reasons You Should Never Make a Will.  While we often delay thinking about or making a will because our own mortality is a difficult subject, this article outlines in a humourous way many serious consequences to dying intestate (without a will).

As an estate litigator, I have seen too many difficult family conflicts resulting from a loved one dying without a valid will.  For that reason, I urge you to make sure your will is up to date and that your chosen Executor knows where you keep the original. 

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Brand Activation Association Marketing Law Conference – The Reasonable Consumer

This week, leading lawyers, legislatures and marketers attended the 35th Annual Brand Activation Association (BAA) Marketing Law Conference in Chicago. At BAA I gave a presentation titled, “Journey to the Center of Advertising Law: Knowledge, Insights, and Practical Tips on The Most Important 2013 Advertising Developments.” Over the next few days, I will share with you three video clips from my presentation. Let’s dive into the first one…

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Rainmaking Recommendation from Jaimie Field: This IS all about you

Today, we bring you another great recommendation from rainmaking expert, Jaimie Field, Esq!

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As the year begins to wind down, you will see blog post after blog post about how to create a goal plan, marketing plan, rainmaking plan. I have written about it myself many times over the year (see
here, here, here, and here).

There are hundreds (and I do mean hundreds) of tactics you can use to grow your book of business. However, the most important aspect of your plan has to be you. You have to take your personality into account when you are creating your rainmaking plan.

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ILN Today Post

Reform of Company Registration System

On October 25, 2013, Premier Li Keqiang hosted an executive meeting of the State Council and issued a series of specific instructions for reforming China’s company registration system, with a view toward easing market access and stimulating the market. To implement these reforms, China will need to revise a large number of current laws and regulations, including many of the rules governing foreign direct investment. If the policy shift is fully implemented, however, it should be much easier to register a new company, including a foreign invested enterprise, and the basic information on, and particularly the financial activities of, a company will become far more transparent to the public. The most important and highly welcomed changes in this round of reforms involve the rules on registered capital for newly established enterprises. The minimum registered capital requirements will be abolished, and China’s traditional company registration regime will shift from a system that tracks paid-in capital to a system that tracks subscribed capital. Shareholders and promoters will be entitled to freely agree on the amount of subscribed capital and the methods and timing for contributing capital. Significantly, paid-in capital will no longer be included in a commercial registration. The reforms also will relax the limitations on the places that qualify as the registered domicile and premises of a company. In addition to the company establishment requirements, the reforms also will affect the on-going reporting requirements for companies and increase the content of publicly available information. The annual inspection system will be changed to an annual reporting system, and China will develop an enterprise credit system that will publish registration information, annual reports and qualifications, as will a “black list” of discredited companies. More…

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ILN Today Post

New Horizon for Foreign Investment in Shanghai Pilot Free Trade Zone

The foreign direct investment policies in Shanghai’s new China (Shanghai) Pilot Free Trade Zone (“CSFTZ”) offer a variety of new opportunities for foreign corporate and individual investors. Zhong Lun partner Dr. Helen Zhang has compiled a summary comparison of the new policies in the CSFTZ against current PRC law across nearly 20 industry sectors, including medical institutions, health insurance, engineering design and construction, human resources, educational and professional training institutions, financial leasing, commercial banking, investment and holding companies, value-added telecommunications, travel agency, entertainment venue operations and performance agency services, among others. Taken together, the new policies represent a significant step in China’s ongoing efforts to liberalize its economy and to promote Shanghai as a regional and global hub. More…

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ILN Today Post

Amended Trademark Law Enhances Protection of Trademark Holders’ Interests

After years of discussions, the eagerly anticipated amendment to the Trademark Law of the People’s Republic of China was passed on August 30, 2013 and will come into force on May 1, 2014. The amended law aims to curb infringement and simplify trademark registration in China and is widely regarded as a positive move that enhances the protection of trademark holders’ interests. It also reflects China’s determination to create a fair and orderly market. Some key revisions include: More…

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ILN Today Post

PR firms navigate the attorney-client privilege

Public relations pros are playing an increasingly important role in helping organizations deal with crisis. Their work is done in tandem with legal and business executives. Due to the sensitive nature of crisis situations, along with the potential for litigation or government investigations, many PR firms are being retained by their client’s internal or external legal counsel. This is done in an effort to extend the attorney-client privilege to the work product of PR practitioners. More…

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ILN Today Post

Waiting period as provided for in the Annual Holidays Act has been amended

The amendment to the waiting period as provided for in the Finnish Annual Holidays Act entered into force on 1 October. According to Section 25 of the new Annual Holidays Act, the employee is entitled to have his/her annual holiday postponed as of the first day of illness.

If at the beginning of or during the holiday the employee is incapacitated because of illness, accident or childbirth, he/she is entitled to postpone the annual holiday, should the holiday coincide with the incapacity period. More…

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ILN Today Post

Maarit Göös appointed as Senior Associate

Maarit Göös, Master of Laws, has been appointed as Senior Associate as of 11 November 2013. Maarit specializes in dispute resolution, representing clients in various litigation and arbitration proceedings.

CV More…

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ILN Today Post

Nina Aganimov joins Peltonen LMR

Peltonen LMR is pleased to announce that Nina Aganimov has joined the firm as Senior Counsel and Co-head of Restructuring & Insolvency as of 1 November 2013.

Nina is an experienced adviser in different insolvency situations. She has acted as trustee and administrator in several bankruptcy estates, corporate reorganizations and restructuring proceedings, as well as conducted M&A transactions. In the area of insolvency, her expertise also covers legal proceedings involving recovery and collateral arrangements. More…

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