Originally posted 2013-03-11 08:00:13.
“KDBM Publishing” (a fictitious company) has recently expanded its business in Hong Kong, China. There, they face higher printing costs than back home in the United States. Members of KDBM have offered payment to local government officials in China to try and get discounted printing prices. This action constitutes bribery, and is in direct violation of the FCPA, or the Foreign Corrupt Practices Act. The FCPA conceptually falls under a larger legal issue known as Corporate Compliance.
Originally posted 2014-04-22 18:33:30. By Sindy Wenjin Ding | amdlawgroup.com The Fashion Law Institute’s 4th Annual Symposium entitled “The spectrum of Style” was held in Fordham Law School in New York on Apr 4. I attended the symposium as a Fashion Law practitioner at AMD LAW, as well as a Fordham Law alumna. The Symposium […]
Startup founders usually have fundamental strengths at some aspects, such as design, pitching, managing, etc., and yet also have weaknesses. Corporate law is something that is usually considered as a myth and a weakness for a lot of entrepreneurs and start-up owners. The concept of “entrepreneurship” is not just about pitching and managing, but the core of it is relationships.
Good relationships you want to nurture are with multiple parties:
• Attorneys, who you must nurture a close, reliable, comfortable relationship with, the attorney can help you get started, under legal protection, and guide you towards the right directions;
• Friends and families, where the initial funding usually comes from before getting investments from other sources;
• Incubators (think about the show “Silicon Valley”!)
• Co-creators (…and think about Marc Zuckerberg’s story in the film “Social Network”!)
• Mentors (free advice!)
• Customers!! At any time, startup owners need to be clear about who are their customers, even more clear than how they understand their technology.
According to a survey conducted by the International Association of Privacy Professionals (IAPP) on 1000 companies, Companies spend $2,4 billion to protect their assets and information.The organization in this survey found that corporations spend approximately $204 on privacy per $1 million in revenue.