Colombia’s New Copyright Law

Colombia’s Congress recently approved Law 201 of 2012, popularly known as “Lleras Law 2.0,” which deals with copyrights and intellectual property. Passage of this law was fast-tracked in an effort to coincide with Barack Obama’s visit to Colombia for the Summit of the Americas. Lleras Law 2.0 purports to take a hard line on piracy…

Protecting Your Trademark in the UAE

Most company executives often focus on setting up businesses in new jurisdictions, expanding an existing business or improving the quality of their goods or services. However, they often overlook the critical need to protect their valuable trademarks in the enthusiasm of increasing profitability of the company. Achieving immediate business goals is crucial, but it is…

Will PayPal Thrive in China? – China’s New Regulation of Third Party Payment Services

On June 21, 2010, the central bank of China issued long-awaited regulation for third-party payment providers. According to the regulation, non-bank payment service providers must apply for a license from the central bank and use banking institutions as agents when they transfer capital from each other. In addition, payment providers must keep customers’ funds in…