Electronic signing of contracts in corporate transactions – the ‘new normal’?

Over the past 18 months there has been a significant rise in the number of contracts in corporate transactions being signed electronically. Although this is largely attributable to the COVID-19 pandemic, this method of signing contracts is fast becoming the ‘new normal’. With many organizations still having a substantial proportion of employees working from home, … Read more

Insuring the metaverse – a day in the life

We predicted in our recent article The (continuing) rise of insurtechs that insurtechs are well-placed to capitalize on the future digital sector given they are more nimble and digitally focused than traditional players. This includes the frontier-land of the metaverse. It is anticipated that technological advancements will ultimately allow our virtual and physical worlds to … Read more

No longer “too big to care”: EU’s Digital Services Act takes aim at Musk and online platforms

Elon Musk’s free speech driven Twitter bid coincides with the EU reaching political agreement on its Digital Services Act. Elon Musk’s $ 44 billion takeover of Twitter has been one of the most controversial technology transactions in recent years resulting in considerable comment and debate across the political spectrum. At the heart of the controversy … Read more

Recording assignments with electronic signatures at the EPO

To record a transfer of ownership of a European patent (application) before the European Patent Office (EPO), evidence of the transfer must be provided in the form of a written document (such as an assignment) signed by all of the parties. Until recently, the only form of signature that the EPO would recognize was a … Read more

FDA Authorizes NJOY ACE Tobacco-Flavored Electronic Nicotine Delivery System (ENDS) Products for Marketing

On April 26, 2022, the US Food and Drug Administration (FDA) authorized an additional four tobacco-flavored electronic nicotine delivery system (ENDS) products for marketing under the Premarket Tobacco Product Application (PMTA) pathway. Marketing granted orders (MGOs)[1] were issued for the following NJOY tobacco-flavored ENDS products: NJOY Ace Device: Closed e-cigarette device NJOY Ace Pod Classic … Read more

Vietnam: New Draft Law on e-Transactions Targeting Digital Platforms

On 04 May 2022, the Ministry of Information and Communication (“MIC“) released the Draft Law on E-Transaction (“Draft Law“) for public comment. The deadline for comments is 4 July 2022. The effective date of the Draft Law has not been decided yet. The Draft Law, comprising 104 articles and 11 chapters, is expected to supersede … Read more

Understanding the right to Professional Education

Education is the most effective vehicle for human growth. It broadens, enhances, and improves a person’s vision of the future. Without knowledge, a man is nothing more than a beast. Human beings are emancipated by education, which leads to their liberation from ignorance. According to Pestalozzi, education is a continuous process of natural, harmonic, and … Read more

Ontario Employers Now Required to Disclose Electronic Monitoring

As of April 11, 2022, Bill 88 Working for Workers Act, 2022received Royal Assent. As a result, the Digital Platform Workers’ Rights Act, 2022, has been enacted. Amendments have also been made to the Employment Standards Act, 2000 (the “ESA”), the Occupational Health and Safety Act (the “OHSA”) and the Fair Access to Regulated Professions … Read more

Fixed-term employment agreements in electronic form in Germany?

The written form requirement is a special feature of German law and does not exist in many other legal systems. The Labor Court of Berlin ruled on 28 September 2021 that an electronic signature does not comply with the written form requirement of Section 126 of the German Civil Code (“BGB”), and that the certification … Read more

The Electronic Money Regulations 2011 and the Insolvency Act 1986: Statutory Trusts, the Asset Pool, and the waterfall provision

In the recent case of Baker v Financial Conduct Authority (Re Ipagoo LLP) [2022] EWCA Civ 302 the Court of Appeal has given useful guidance on the interaction of the Electronic Money Regulations 2011 (EMRs), which implemented the EU Electronic Money Directive (EMD), with the Insolvency Act 1986 (the 1986 Act), in respect of the … Read more