In a press conference held in Seoul, Barun Law LLC., which is representing two groups of BMW car owners who have filed joint lawsuits against the company over a faulty component that could have caused fires in their cars, urged Prime Minister Lee Nak-yeon and the Ministry of Land, Infrastructure and Transporation carry out "stress and simulation" tests on all affected vehicles. The local law firm asked the prime minister and the transport ministry to come up with an answer to their suggestions by Aug. 22. "We have made the suggestions because the ministry vowed to independently identify the cause of engine fires in BMW vehicles by the end of this year. But it has not provided any detailed plan to test the affected vehicles," Jason Ha, a partner of Barun Law, told reporters. Barun Law also called on the government to buy a secondhand 520d sedan in Europe to compare it with the 520d models that caught fire in Korea and send one of the affected BMW vehicles to the U.S. National … [Read more...] about Law firm asks gov’t to carry out tests to determine cause of BMW fires
Customs law firms
The risk that Britain could yank itself out of the European Union had been telegraphed for over a year, but even U.S. companies with "Brexit" contingency plans have said they were shocked it is now on track to become reality, and are just beginning to work through all of the implications. Caught off guard, some U.S. firms have rushed to place foreign currency orders hedging against further declines in the British pound. Many are seeking legal advice on the impact on trade agreements and regulations, while others begin to consider a potential drop in demand from European economies, company executives and consultants told Reuters. International law firm Dechert LLP received so many calls from business clients after Thursday's referendum result became clear that it set up a special hotline to handle the volume. While heavily regulated financial services and insurance companies were relatively ready for a Brexit, "most of the others haven't prepared at all," said Miriam Gonzalez, the … [Read more...] about Many U.S. firms playing catchup after surprise EU exit vote
VietNamNet Bridge - Vietnamese marketing experts commented that US President Obama gave Habevo a golden opportunity to advertise its Bia Ha Noi (Hanoi beer) brand. But Habeco still cannot take full advantage of the opportunity. After Obama had dinner at Huong Lien bun cha Shop and drank Bia Ha Noi on May 23, the first day of his visit to Vietnam, both brands appeared many times on mass media. Bia Ha Noi was even mentioned in Obama’s speech the next morning. However, while Huong Lien bun cha Shop’s business has been thriving since then, Bia Ha Noi is less lucky. A branding expert commented that Habeco is not professional in this case because it could not exploit the event to become more famous. What Habeco did after that was to post stories on its fanpage which simply said Obama drank Bia Ha Noi. Meanwhile, Bia Ha Noi has great advantages to advertise itself to become better known, not only in Vietnam, but also in the world. Habeco has cooperated with … [Read more...] about Using Obama’s images for ads, does Habeco violate the law?
A production line of cooking oil at Cai Lan factory. Although the country has rolled out the red carpet for enterprises and investors, conflicting legal documents remain the "nails" hindering businesses. — Photo Danh lam HA NOI (Biz Hub) — "Nails lie under the carpet." This was what a speaker said during a seminar on the development of small- and medium-sized enterprises (SMEs) on Friday, as he described Viet Nam's business environment. Le Hong Son, a former director of the Ministry of Justice's legal document testing department, said although the country has rolled out the red carpet for enterprises and investors, conflicting legal documents remain the "nails" hindering businesses. Such conflict is seen in circulars from ministries, documents from localities, and Government regulations. Authorities also cause difficulties for companies with certain deeds, he said. Here are two of 21 examples Son presented on Friday, showing how inappropriate policies might cause … [Read more...] about Conflicting laws hurting businesses
Collecting Polls from Businesses for Draft Revised Customs Law The General Department of Customs in collaboration with the Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) in Vietnam recently organised workshops to collect opinions from businesses and associations for the draft amended Customs Law in Hanoi and Ho Chi Minh City. Deputy Finance Minister Do Hoang Anh Tuan said the 10-year enforcement of Customs Law has significantly promoted economic growth and ensured economic security, sovereignty interests, and national security. However, the act has revealed some limitations and shortcomings in practice. He added that although the law was amended in 2005, the Law on Customs did not provide sufficient legal basis for e-customs application. Vietnam's import and export turnover expanded 25 percent a year on average in the 2005 - 2010 period. In 2012, it grossed US$228.3 billion, equal to 1.68 times GDP, and customs … [Read more...] about Collecting Polls from Businesses for Draft Revised Customs Law