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In the wake of the 2008 financial crisis, the United States government sought to implement sweeping reforms to address the flaws in the financial system and protect consumers from the excesses of Wall Street. This led to the creation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a landmark piece of legislation signed into law in 2010. While the Dodd-Frank Act is often...
Intellectual Property (IP) represents an essential pillar in the modern world of commerce, technology, and culture, giving creators the legal protections necessary to secure the results of their intellectual efforts. It encompasses a broad range of legal rights granted to individuals or organizations for their creations or inventions that are products of human intellect, such as inventions, artistic works, industrial designs, brand names, trade secrets,...
Corporate law governs the formation, operation, and dissolution of corporations, ensuring that businesses operate within a legal framework that balances the interests of shareholders, directors, employees, and creditors. One of the fundamental principles of corporate law is limited liability, which protects shareholders from personal responsibility for corporate debts beyond their investments. Another key principle is the concept of a corporation as a separate legal entity,...
Invoice compliance is a critical component of the operational efficiency and legal integrity within corporate law practices. Law firms and corporate legal departments must understand regulatory frameworks when it comes to invoicing, particularly as it pertains to legal services rendered to clients. The importance of invoice compliance is not just a matter of internal accounting; it holds significant legal implications for tax liabilities, professional ethics,...
Legal research is an essential skill for lawyers, academics, and students, enabling them to find and analyze laws, judicial decisions, and legal literature to build strong legal arguments. It involves identifying relevant legal sources, interpreting statutes and case law, applying legal reasoning, and ensuring proper citation and referencing. Effective legal research enhances advocacy, supports academic work, and contributes to legal scholarship. This guide provides a...
EU tax policy is a critical component of the European Union’s economic and financial framework, designed to balance national sovereignty in taxation with the need for a harmonized approach across member states. The EU does not directly impose taxes on citizens or businesses; instead, its role is to create a fair and efficient tax environment that supports economic growth, ensures the integrity of the Single...
On February 18, 2025, Japan and the European Union convened in Tokyo for the Second High-Level Dialogue on Climate Change, reaffirming their commitment to closer collaboration in achieving climate neutrality and addressing climate-related challenges. The meeting was co-chaired by Yutaka Matsuzawa, Japan’s Vice-Minister for Global Environmental Affairs, and Kurt Vandenberghe, Director-General of the European Commission’s Directorate General for Climate Action. Both sides reiterated their dedication...
The UK government has launched a consultation that will remain open until February 2025, seeking input on how the country should address the growing tension between copyright law and the rise of artificial intelligence (AI). The crux of the issue lies in the use of copyrighted works for training AI models. Rights holders, including creators and publishers, argue that AI developers should pay for or...
The UK government’s demand for Apple to grant access to encrypted data stored by users in its cloud service under the Investigatory Powers Act has raised significant concerns. Currently, Apple’s “Advanced Data Protection” service, which uses end-to-end encryption, ensures that only the account holder can access their data—an approach that even Apple itself cannot bypass. The UK authorities argue that such encryption obstructs investigations into...
The ongoing trade tensions between the EU and the US, marked by US President Donald Trump’s threat of tariffs, have placed significant pressure on both sides. Trump’s administration has voiced concerns over the trade deficit with the EU and actions targeting US tech giants, leading to proposed tariffs on European goods. His preference for lighter regulations, alongside opposition to EU penalties for American tech companies,...
In December 2024, the Euro area and the European Union (EU) recorded notable trade surpluses, reflecting the ongoing trends of export growth and import dynamics. While both regions saw increases in exports, there were variations in their performance when it came to imports, intra-regional trade, and overall balance. Let’s break down the figures and trends to gain a clearer understanding of the trade landscape for...
