Germany passes law requiring corporate due diligence human rights, environment

JURIST

The German Parliament passed a law on Friday requiring large and medium-sized businesses to do their due diligence in combating human rights violations along their supply chain. Human Rights International due diligence environment europe germany human rights

Cannabis Due Diligence Mechanics and Red Flags

HarrisBricken

For years and years, our cannabis lawyers have assisted with due diligence on all kinds of cannabis transactions from sole proprietorships to public companies. Today, I’m going to talk about how diligence works, and some of the more common red flags we see during the process.

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Ketamine Due Diligence: What Any Buyer Should Know – Part 1

HarrisBricken

We have worked on several ketamine acquisitions, and one of the most important aspects of any deal is due diligence. Shortly after term sheets or letters of intent are executed, most buyers send out a due diligence request list to the seller.

Giving Regulatory Due Diligence Its Due

FDA Law Blog

Before committing to a merger or acquisition with another company, a potential Buyer must conduct due diligence to identify the imperfections of a target company so the Buyer knows what it is buying. DOJ expects companies to act promptly on information obtained during the diligence process.

Corporate Due Diligence and Private International Law

Conflict of Laws

A webinar event on “Corporate Due Diligence and Private International Law” organized by the NOVA Centre for Business, Human Rights and the Environment, will hold on February 25, 2021 at 15:00 – 17:30 CET.

European Parliament Resolution on corporate due diligence and corporate accountability

Conflict of Laws

Our blog has reported earlier on the Proposal and Report by the Committee on Legal Affairs of the European Parliament for a Resolution on corporate due diligence and corporate accountability.

United States: Climate Change Diligence—An Emerging Focus In U.S. Transactions - Jones Day

Mondaq

In transactions, climate change diligence is generally directed at examining the climate change impact of a potential investment

European Union: The Impact Of French And German ESG Due Diligence Laws On Business - Jones Day

Mondaq

Countries throughout Europe have adopted due diligence laws to regulate ESG risks along supply chains. In addition, the European Union is currently working on Human Rights Due Diligence legislation that may affect a wide range of companies doing business in Europe and worldwide

Don't Forget Due Diligence In Race For Lateral Associate Hires

Law 360

Amid high demand for associates and aggressive competition to attract talent, law firms should take three key steps to conduct meaningful prehire due diligence and safeguard against lateral hiring mistakes that can hurt their revenue and reputation, says Michael Ellenhorn at Decipher

Ketamine Due Diligence: What Any Buyer Should Know, Part 2

HarrisBricken

As noted in Ketamine Due Diligence: What A Buyer Should Know – Part 1 , we have worked on several Ketamine clinic acquisitions, and one of the most important aspects of any deal is due diligence.

European Parliament calls for legislation addressing environment and human rights in supply chains

JURIST

” Despite the global nature of many European companies’ operations, there are currently no EU-wide laws requiring companies to have a mandatory EU system of due diligence in place for victims of human rights and environmental violations.

United States: Cross-Border Transactions: Key Items To Review When Performing Human Resource And Employment Due Diligence - Seyfarth Shaw LLP

Mondaq

In the world of cross-border mergers and acquisitions, complex human resource and employment considerations arise during the transaction's due diligence process

Germany cabinet launches bill to strengthen rights protection in global supply chains

JURIST

Germany’s cabinet on Wednesday launched the bill for the Act on Corporate Due Diligence in Supply Chains (or Supply Chain Act) aimed at strengthening the protection of human rights, health and the environment in German companies’ global supply chains.

The Top 4 Levers That Drive 80% of Value Capture in Successful Acquisitions

TheProcessStreet

Lever #2: Complete your commercial & operational due diligence before closing. Only the HR department will know exactly what they need in terms of strategy, due diligence, and integration. Lever #2: Complete your commercial & operational due diligence before closing.

European Union: New EU Mandatory Due Diligence Regime On Human Rights, The Environment And Good Governance - Azmi & Associates

Mondaq

The new legislation is designed to impose new wide-ranging environmental, social and corporate governance (ESG) due diligence requirements on the whole value chain of companies established or operating in the European Union

European Union: OECD Due Diligence Guidance — Workshops - Squire Patton Boggs LLP

Mondaq

If you are an EU importer of tin, tantalum, tungsten or gold (3TG) covered by the EU Conflict Minerals Regulation, as of 1 January your due diligence process must comply

Your Legal Checklist for Selling a Business

LegalReader

Business business financial health business owners due diligence sell a business selling a business small business financingSelling a business is different than selling something like a car, where you hand the keys to the buyer and go on your way.

Law firms should not rush lateral hiring, due diligence expert says

ABAJournal

With the shift to virtual recruitment amid the COVID-19 crisis, the speed at which law firms vet and hire lateral partners has increased, according to…

New E.U. Measure on Environmental and Human Rights Due Diligence Has Far-Reaching Implications for Companies Operating in Europe and Beyond

Foley Hoag LLP

companies as well as others based outside the European Union, but that operate within the European Union would very likely also be subject to comprehensive ESG-related due diligence requirements. By calling for a binding set of due diligence requirements, the E.U. Parliament recognized that “voluntary due diligence standards have limitations and have not achieved significant progress in preventing human rights and environmental harm and in enabling access to justice.’’.

Amazon 2021 Proxy Votes

Corporate Governance

Amazon 2021 annual meeting is May 26, 9 AM Pacific Time. To attend, vote, and submit questions during the Annual Meeting visit here. You will need the control number you got from ProxyVote or elsewhere. Amazon will limit questions to one per shareholder.

Hong Kong: A Case Study Showing How Conducting And Keeping Good Records Of Due Diligence May Save Your Domain Name One Day - ELLALAN

Mondaq

In 2019 alone, there were 15.2 million trademark filings worldwide, and by the end of 2019, there were over 58 million active trademark registrations around the world

5 M&A Process Checklists to Supercharge Your Pre & Post Acquisition Workflows

TheProcessStreet

M&A Due Diligence Checklist. M&A Due Diligence Checklist. Click here to get the M&A Due Diligence Checklist workflow! For example, you’re running the M&A Acquisition Checklist and want to kick off the M&A Due Diligence Checklist when you get to that task.

Amazon Shareholders Unite

Corporate Governance

Amazon Shareholders Unite Amazon Shareholder Unite for two two-way dialogues. Last summer I warned that chat rooms are the key missing ingredient at virtual shareholder meetings.

As the United States Targets China’s Human Rights Abuses, Companies Should Prepare for Stricter Due Diligence on Forced Labor

Foley Hoag LLP

Companies will need to take additional steps to ensure their due diligence processes account for potential human rights risks associated with forced labor in Xinjiang and elsewhere in the country. There are additional due diligence obligations for businesses in China because NGOs have provided credible evidence that third-party audits of factory facilities are often conducted under dubious conditions that are manipulated by the Chinese Government.

Australia’s Two Modern Slavery Acts

Foley Hoag LLP

Indeed, the Dutch Child Labour Due Diligence Act of 2019 imposes substantial requirements for corporate supply chain due diligence and sets potential fines for noncompliance at levels much greater than those allowed for under the U.K. Guiding Principles on Business and Human Rights Supply Chains Legislation Regulation Human Rights Due Diligence Human Rights Compliance Corporate Governance

New ABA ethics opinion addresses professional responsibilities of virtual practice

ABAJournal

Lawyers can practice law virtually but must ensure that they consider various ethical responsibilities related to the duties of competence, diligence, communication, confidentiality and supervision,…

United States: Fintech Legal Report—Week Of September 3, 2021 - Perkins Coie LLP

Mondaq

On August 27, 2021, the federal banking agencies (Federal Reserve, FDIC, and OCC) published "Conducting Due Diligence on Financial Technology Companies: A Guide for Community Banks" (the Guide

UN rights chief calls for safeguards on artificial intelligence

JURIST

” The report notes that both states and businesses often rush to incorporate AI and fail to carry out the due diligence to make sure people are being treated justly.

Canada: Recours collectif relatif à des fonds communs de placement non certifié en appel : la Cour divisionnaire confirme qu'il n'y a pas d'obligation de diligence de l'auditeur envers les investisseurs - Stikeman Elliott LLP

Mondaq

Le récent jugement de la Cour divisionnaire de l'Ontario dans Whitehouse et al. BDO Canada LLP (en anglais) donne des indications sur les circonstances dans lesquelles une motion de certification

Standing In Quicksand

AboveTheLaw

A recent decision in a high-value patent case out of Delaware should provide us ample motivation to add standing spelunking to the diligence checklist.

Austria: NFTs And Branding – Does Trademark Protection Need To Be Considered? - Schoenherr Attorneys at Law

Mondaq

Having one's intellectual property protected by appropriate registered intellectual property rights should be on the agenda of every diligent businessperson

China: 10 Tips For Effective Management Of PRC Outbound M&A: Part 2 - King & Wood Mallesons

Mondaq

In Part 1 of this Article, we discussed the choosing of your lawyers, reviewing legal fees, forming the transaction structure, setting a timetable and managing due diligence

Cannabis M&A: Common Closing Conditions

HarrisBricken

Due Diligence Completion. In almost all deals, buyers do at least some diligence before signing. Sometimes, they will have the right to continue doing diligence for some or all of the pre-closing period. Cannabis Due Diligence Mechanics and Red Flags.

United States: Medical Products Supply Chain Week In Review – July 19, 2021 - Alston & Bird

Mondaq

agencies updated an advisory to urge businesses to conduct human rights due diligence for supply chain links to Xinjiang, China Last week, six U.S.

Romania: Signing And Communication Of Documents In The Field Of Labour Relations - Mihai, Lucian si Asociatii

Mondaq

One of the specific aspects in M&A transactions that a buyer should consider when conducting due diligence on the target are related to labour relations

United States: EEOC Authorizes Employers To Offer Small Bribes To Encourage Employee Vaccination - Obermayer Rebmann Maxwell & Hippel

Mondaq

Employers and businesses hoping to return to a widely Covid-vaccinated workforce have been diligently trying to turn this into reality by offering incentives to employees to either get vaccinated

Restore Shareholder Proposal Rights

Corporate Governance

Restore shareholder proposal rights to the pre-Trump era level. That is the objective of the complaint (pdf 2021 06 15 ICCR Complaint) filed this morning in the U.S.

Hemp Banking for Credit Unions: Five Key Questions

HarrisBricken

Are you up for expansive due diligence? Those regulations impact diligence and ongoing monitoring/KYC protocols, but in the hemp world there are an additional raft of questions and monitoring obligations that a credit union should undertake on an initial and ongoing basis.

UK: Protecting Reputation - Why Understanding Your Supply Chain Is So Important - Mills & Reeve

Mondaq

The recent case brought against Biffa by three individuals who were victims of human trafficking and slavery has emphasised, yet again, the importance for businesses of carrying out effective due diligence on their supply chains

Donald Trump Asking Random Hotel Guests For Lawyers

AboveTheLaw

The top-notch due diligence we've come to expect. Government Books Crime Donald Trump Michael Wolff