Tax relief may be coming for issuers and holders of debt instruments and parties to derivatives and other financial contracts governed by LIBOR (the London Interbank Offered Rate). The IRS published new proposed regulations on October 9 to address tax concerns as parties have begun to modify financial instruments’ reference rates in anticipation of a
The 10-Q has recently published several articles about doing business in China. Temple Law Professor Tarrant Mahony discussed the passage of a new foreign investment law in China. Temple Law Professor Mo Zhang discussed his forthcoming paper in the San Diego International Law Journal regarding the enforcement of foreign arbitral awards in China. Temple Law
Professor Tarrant Mahony discusses the recent passage of the “Foreign Investment Law of the People’s Republic of China” (the “FIL”). The FIL consolidates many recent changes to China’s foreign investment regime, allows for the establishment of foreign investment projects without prior government approval, and addresses issues of intellectual property rights protection and forced technology transfer.