Protecting trade secrets should be a priority in any jurisdiction. For companies, trade secrets are valuable assets that provide a competitive advantage. Establishing confidentiality and non-competition agreements with employees are crucial and practical ways to protect trade secrets. Below, we outline protecting trade secrets under the Chinese jurisdiction. What is the Legal Definition? According to…
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Significant revisions in the second draft revision of the Company Law improve corporate governance and standardise market order. The Company Law of the People’s Republic of China (Revised 2018) was revised and published in 24 December 2021 for public comments. A year later, the second draft revision of Company Law (‘Second Draft’) was released on…
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Companies concluding contracts in China shall formulate robust contractual terms for protection during a contractual dispute. At Horizons, we often find contracts missing mandatory clauses which can increase legal risks. It is crucial for companies doing business in China to construct robust contracts. In the below, we outline a checklist for companies concluding contracts in…
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