Commercial And Contracts

This article deals with how to succeed at M&A work for in-house attorneys who have little experience in the subject.

On June 29, 2007, the National People's Congress of China passed the new Labor Contract law, which will become effective on January 1, 2008. The provisions of the new law will potentially have wide-reaching ramifications for companies conducting business in China. This article highlights some of the key changes and implications.

Determining which documents to keep and which to destroy requires your company to perform a delicate balancing act. On the one hand, the company must retain documents needed to satisfy its business operational requirements, as well as preserve documents relevant to any potential litigation. On the other hand, your company needs to hold down its costs for storing records. This balancing act becomes particularly complicated if your company is doing business in Europe, where your company has to comply with a bewildering array of retention requirements imposed by the various European governments.