Korea’s Supreme Court holds foreign provisional attachments have no effect in Korea — creditors must secure Korean assets through Korean courts. In brief A favorable ruling from a foreign court or arbitral tribunal is often only the first step in
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Baker McKenzie, founded as Baker & McKenzie in 1949, is a multinational law firm. As of August 2018, it is ranked as the second-largest international law firm in the world by headcount with 13,000 employees including 6,076 fee earners and 4,700 lawyers on a full-time equivalent basis in 78 offices across 46 countries. It is the largest law firm in the United States by headcount.
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Hong Kong Court refuses enforcement of Mainland award on public policy grounds arising from lack of authority to settle
By Philipp Hanusch & James Ng
In K v JX [2026] HKCFI 2854, the Hong Kong Court of First Instance set aside an order granting leave to K to enforce a Mainland award on public policy grounds. The arbitration arose from a settlement agreement and the…
US Government Expands Cuba Sanctions Program with New Designations and General Licenses
On July 23, 2026, the US Department of State designated multiple entities and individuals in Cuba, and the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued three new Cuba-related general licenses.
The actions are intended to…
FinCEN Commits to Forbear from BSA Enforcement for Authorized Financial Services in Venezuela
On July 27, 2026, the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a statement (here) of enforcement policy committing not to take supervisory or enforcement action against US financial institutions under the Bank Secrecy…
IRS Updates FAQs on the Qualified Overtime Compensation Deduction: Compliance Obligations for Employers
On August 6, 2026, the IRS released Fact Sheet FS-2026-13, substantially revising and replacing FS-2026-01, its January 2026 guidance on the new deduction for qualified overtime compensation enacted by the One Big Beautiful Bill Act (OBBBA). The revised…
Thought for the week: What Joy Bubbles can teach us about AI career development
This article was originally published by IAPP linked here.
What a pioneer “phone phreak” can teach today’s professionals about creativity, adaptation and finding their superpower.
To begin your week, I recommend listening to the “Click Here” podcast…
UK Government accelerates DMCCA subscription reforms to January 2027
The UK Government has announced that the new subscription contract regime under the Digital Markets, Competition and Consumers Act 2024 (“DMCCA”) will now come into force in January 2027, bringing forward the previously anticipated spring 2027 implementation date.
As noted…
Multiple Governments Issue Joint Alert on North Korean IT Workers
On July 31, 2026, authorities from the United States, Japan, the Republic of Korea, Australia, Canada, France, Germany, Italy, the Netherlands, New Zealand, and the United Kingdom issued a joint alert warning countries, companies, and other entities about the threat…
US: FCC Adds Inverters and Robotics to Covered List
In brief
On July 28, 2026, the Federal Communications Commission (FCC or “Commission”) added foreign-produced power inverters and advanced robotic devices to the Covered List. This placement bars new foreign-produced models from obtaining the equipment authorization required for lawful…
Brazil: ANPD regulates Digital ECA transparency reports
First transparency report due by September 17 ANPD establishes minimum content and a deadline for September 17 for the first Digital ECA transparency report.
In brief
On August 11, 2026, the Brazilian Data Protection Agency (ANPD) issued Decision Order CD/ANPD…