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Demystifying the Current Landscape of Transfer Pricing: Best Practices Explored
The global transfer pricing landscape has been in flux over the past years. Key factors driving change include intensified enforcement by tax authorities, changes to international tax rules, new case law, the impact of digitalization in the economy, and the COVID-19 crisis. With all these complexities and challenges, it is imperative for multinational enterprises (MNEs) and their counsel to be acquainted with the legal updates and governing compliance principles in this area of law to ensure sound compliance and abate potential exposure to legal risks.
e-Invoicing and Accounts Payable Automation: Maximizing Potentials
Accounts payable (AP) automation has continuously created positive buzz across industries in recent years. Along with its upward trend is the growing prominence of electronic invoicing or e-invoicing, an effective and efficient way of extracting and validating vast volumes of invoices received daily from different sources and in varied formats. As simpler platforms, e-invoicing and AP automation help companies – big or small – to eliminate the burden of costly and laborious manual processing.
Antitrust Enforcement in 2021: Practical Guide for Companies
With today's rapidly evolving legal and political landscape, complicated by the COVID-19 crisis, the Department of Justice’s (DOJ) Antitrust Division and the Federal Trade Commission (FTC) continue to aggressively enforce the antitrust laws across industries to respond to concerns about rising prices, loss of choice and privacy, and industry consolidation.
Section 101 Patentable Subject Matter: American Axle, How We got Here, and Where Are We Going?
Issues on Section 101 patent eligibility have been significantly important, both for patent owners and defendants in patent litigations. With notable court decisions, such as American Axle, continuously raising the bar in this area of law, it is expected that developments under 35 U.S.C. § 101 will likely continue to bring complexity and challenges to inventors, owners, litigating parties, and applicants alike.
How to Effectively Conduct an Internal Investigation: Key Considerations During a Pandemic
When conducting internal investigations, companies face a myriad of complex and sensitive issues, including confidentiality, attorney-client privilege, and conflicts of interest. Adding to these issues are the new and evolving challenges arising from the COVID-19 pandemic. With internal investigations being conducted remotely, evidence collections and witness interviews have become more difficult to arrange.
Why Document Automation is Stalling Your Digital Transformation
At the onset of the COVID-19 pandemic, many organizations were forced to make the shift to virtual operations. With very short notice, companies had to adopt digital processes to meet new consumer needs and accommodate a digital workforce. This sudden change has left many businesses in a digital transformation limbo with some critical business processes converted into digital workflows while other processes remain paper-based.
Fiduciary Duty Claims Litigation: Demystifying Trends, Developments, and Legal Challenges
The litigation landscape for fiduciary duty claims has been continuously evolving with the recent developments and court rulings. As the number of lawsuits increase, companies are confronted with a myriad of challenges and compliance hurdles. Failure to maintain a good fiduciary relationship could pose risks of litigation which may result in monetary penalties and reputational damages.
False Claims Act and COVID-19 Implications: Key Considerations and Best Practices
In response to the uncertainties brought by the COVID-19 crisis, congress had passed several economic relief opportunities for distressed companies significantly impacted by the pandemic. However, along with these opportunities are heightened levels of scrutiny and enforcement efforts from the government to root out potential fraud under the False Claims Act (FCA) against companies taking advantage of these funds.
Standard Essential Patents and FRAND Licensing: What You Should Know and Do
The Standard Essential Patent (SEP) litigation landscape continues to evolve as years pass. Interestingly, its interplay with other legal areas presents unique challenges for businesses and patent owners. Thus, practitioners are faced with significant hurdles in seeking claims based on FRAND and SEP infringements.
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