Stuart M. Chemtob, Senior Of Counsel, Wilson Sonsini Goodrich & Rosati to Speak at the Knowledge Group’s The U.S.-China Business Relationship – The Most Important Issues
New York, NY, July 02, 2014 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Stuart M. Chemtob, Senior Of Counsel, Wilson Sonsini Goodrich & Rosati will speak at the Knowledge Group’s webcast entitled: “The U.S.-China Business Relationship – The Most Important Issues: A Complex Balancing Act.” This event is scheduled for September 9, 2014 from 10:00am – 12:00pm (ET).
For further details, please visit: http://theknowledgegroup.org/event_name/the-u-s-china-business-relationship-the-most-important-issues-a-complex-balancing-act-live-webcast/
About Stuart Chemtob
Stuart Chemtob is Senior Of Counsel in WSGR’s Washington, D.C. office, where his Asia-oriented practice focuses on representing companies and individuals in criminal and non-criminal antitrust investigations in the United States and providing global strategic antitrust counseling. He has appeared before China’s National Development and Reform Commission on behalf of American companies that have been the subject of investigation. He previously served as Special Counsel for International Trade in the Antitrust Division, where he advised on international enforcement, mutual legal assistance and extradition matters, and was the Antitrust Division’s liaison to the antitrust enforcement agencies in Asia. Stuart was the lead Department of Justice official on relations with China’s antimonopoly agencies (MOFCOM, NDRC, SAIC), spearheading negotiation of the U.S.–China MOU on Antitrust Cooperation and providing advice and training to the Chinese government on the drafting and implementation of the Antimonopoly Law.
About Wilson Sonsini Goodrich & Rosati
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. Its services include antitrust counseling and litigation, corporate law and governance, public and private offerings of equity and debt securities, mergers and acquisitions, securities class action litigation, intellectual property litigation, joint ventures and strategic alliances, technology licensing and other intellectual property transactions, tax, and employee benefits and employment law. Its accomplished team of antitrust attorneys is uniquely positioned to assist clients on the most important bet-the-company matters, as well as with regular counseling and compliance matters, and represents enterprises in merger and anticompetitive conduct matters in the United States and before Asian and European competition authorities. WSGR’s accomplished team is consistently recognized among the leading antitrust practices in the United States.
The relationship between the U.S. and China is the most important in the world. Whether the two nations can co-exist may be a significant political and economic challenge.
Under President Xi Jinping, China’s policy is changing quickly, with greater consolidation of power and more strategic economic and market reforms. There is interest in taking some limited measures to control state enterprises, but not to reduce the power of the Communist party.
China faces formidable challenges from environmental degradation, internal dissent, and changing demography due to the ‘one-child per family’ policy. Tension between China and the U.S. increases regarding numerous issues such as the instability of North Korea, maritime security in the South China Sea, human rights, data and information theft, cyber-attacks, and trade disagreements.
Many specific, contentious issues exist. Among these, the Chinese government has invested in many Western firms, such as Dalian Wanda’s acquisition of AMC, and it is unclear whether the U.S. Committee on Foreign Investment might obfuscate further investment. The Chinese government has been trying to control corruption, and securities violations thereby affecting domestic and foreign companies. Antimonopoly review of transnational mergers by China’s Ministry of Commerce has become a significant consideration in global M&A transactions, and many foreign companies operating in China have faced antimonopoly investigations and private litigation over their pricing and licensing practices, raising concerns that the Antimonopoly Law is being used for industrial policy reasons, rather than to promote competitive markets in China. Although China has some intellectual property (IP) protection policies for foreign multi-nations, it has a long-standing reputation as a haven for violators of IP law and deep concerns remain as stated recently by the Assistant US Trade Representative for Intellectual Property and Innovation in a report on behalf of the US-China Business Council . Many Chinese students who studied in the United States now are senior government or business officials in China. US law previously did not affect China too substantially. However, many Chinese companies now are affected by far-reaching U.S. laws, regulations, investigations, or litigation. Perception of political and economic bias in the US review of mergers or in application of U.S. laws such as FCPA have resulted in reciprocal, retaliatory actions by China.
In this webinar, a group of experts in their fields will discuss the pertinent issues of Chinese investment, trade, capital markets, and compliance and conflict with regulations, laws, and resulting litigation.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/