I have previously written on the TikTok Ban. Legislation passed by congress and signed into law by President Biden earlier in 2024 would require TikTok’s parent company ByteDance to sell TikTok to a US company or face an outright ban in the United States. ByteDance has until January 19, 2025, to sell the app before
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U.S. Department of Treasury Implements Final Rule on Investment in Sensitive Technologies in China
By Dan Harris
The U.S. Outbound Investment Final Rule: What It Means for American Business
Executive Summary
Executive Summary
- Effective Date: January 2, 2025
- Key Impact: Restricts U.S. investments in Chinese tech sectors
- Affected Industries: Semiconductors, quantum computing, AI
- Penalties: Up to $368,136 or 2x transaction value
- Required Action: New compliance programs by January 2025
On October 28, 2024, the
…
There Is No Spoon: IP Licensing of NFTs, Decentralized Disney, and the SEC’s Jurisdiction Over “Investment Contracts”
No one can be told what the Matrix is.
Similarly vexing, if perhaps somewhat less adaptable to the big screen, is telling someone what an NFT is. It ends up being easier to start with what it is not.
An NFT is not cryptocurrency. Currency, crypto or otherwise, must be fungible. For any monetary…
Quick Question Tuesday, Part 11: What Do China’s Latest Negative List Changes Mean for My Business?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these questions that people ask us, along with our answers.…
Quick Question Tuesday, Part 10: Does China’s New Board Member Requirement Affect My Company?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these questions that people ask us, along with our answers.…
Quick Question Tuesday, Part 9. What is China’s Game Plan for International Business Relations?
What is China’s Game Plan for International Business Relations?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these…
Love is Blind UK and why DIY China Law is SO Dangerous
By Dan Harris
No More DIY Law, Please
Have you ever made a major business or life decision based on advice from a friend, a blog, or a DIY guide, only to find out later that it was flawed?
Last week provided me with three compelling examples of why lawyers are indispensable in making any legal decisions. In this…
Quick Question Tuesday, Part 8: Should You Work for a Chinese Company?
Should You Work for a Chinese Company?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these questions that…
Q&A: What Are Some of the Key Legal Issues Facing AI Companies?
The Key Legal Issues Facing AI Companies
Our firm recently launched our AI subpage reflecting our growing expertise in this nascent industry. While developing this page, we also wrote a wide-ranging FAQ of some of the most pressing questions for companies developing AI or using AI. Some of these are based on actual questions we…
Quick Question Tuesday, Part 7: What Currency Should I Use in My China Contract?
What Currency Should I Use in My China Contract?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these…