How Does the Convention on the International Sale of Goods (CISG) Apply to Your Business?
If you plan on importing or exporting goods to another country, then you should be aware of the United Nations Convention on the International Sale of Goods (CISG). This is a treaty that was originally signed in Vienna in 1980. As of September 2014, it has been ratified by 83 countries. The purpose of the… Continue Reading How Does the Convention on the International Sale of Goods (CISG) Apply to Your Business?
What Is the Technology Evolution Pilot Program and How Will It Benefit Your Trademark?
With technological advancement, comes the increased need for new rules and regulations regarding trademarks. On September 1, 2015, the United States Patent and Trademark Office (USTPO) began implementing a pilot program called The Technology Evolution Pilot Program. This program makes it possible for trademark owners to expand the trademark registrations of their goods and services.… Continue Reading What Is the Technology Evolution Pilot Program and How Will It Benefit Your Trademark?
A New Round of HIPAA Audits Coming in 2016: Is Your Company Prepared?
The more pervasive use of technology by healthcare institutions comes with the need for greater protection of personal information. This is especially true for institutions that directly handle the Healthcare information of the general public or have a branch of its organization that does so. In 2016, the Department of Health and Human Services (DHHS)… Continue Reading A New Round of HIPAA Audits Coming in 2016: Is Your Company Prepared?
The Importance of Corporate Ethics: Learning from Accounting Problems at Toshiba
Toshiba has been doing damage control since April of 2015. This is when allegations that the company had been inflating its profits over a number of years first broke. Independent investigators concluded that Toshiba overstated its profits by $1.22 billion. The financial scandal of this 140 year old Japanese company, a pioneer in electronics and… Continue Reading The Importance of Corporate Ethics: Learning from Accounting Problems at Toshiba
The Importance of Proper Federal Compliance: The Volkswagen Cheating Scandal
Cheaters never win. This is especially true when trying to cheat governmental authorities. That is what happened for one of the most popular car manufacturers in the world, Volkswagen (VW). The VW debacle illustrates the importance of sincere corporate compliance. In a widely publicized report, a research team in West Virginia discovered that VW was caught… Continue Reading The Importance of Proper Federal Compliance: The Volkswagen Cheating Scandal
Foreign Corrupt Practices Act Violations Lead to Expensive Penalties
FCPA Violations are leading to high fines. Alstom S.A. (Alstom) is a French power and transportation company. It was charged with violating the Foreign Corrupt Practices Act, and pleaded guilty to the charges. Alstom was charged with paying bribes to government officials in exchange for energy contracts. Over the past decade, the company was involved in paying bribes… Continue Reading Foreign Corrupt Practices Act Violations Lead to Expensive Penalties
Middle Eastern Governments Are Beginning to Close Their Doors to Foreign Scholars
Middle Eastern countries are rich in history, culture, food, and language. The region is dynamic and deep in learned texts, insights, and more. However, outsider access to this region is becoming more limited as many Middle Eastern countries are reluctant to receive foreign criticisms of their economic policies, human rights records, or political unrest. This… Continue Reading Middle Eastern Governments Are Beginning to Close Their Doors to Foreign Scholars
DOJ Hires Expert to Step-Up Corporate Compliance Measures
After years of trying to prevent fraud and corruption in corporations at home and abroad, the U.S. Department of Justice (DOJ) has hired a corporate compliance expert. Several reports have stated that this expert is Hui Chen, the former head of compliance for Standard Chartered Bank and ex-assistant general counsel at Pfizer Inc. The DOJ… Continue Reading DOJ Hires Expert to Step-Up Corporate Compliance Measures
Understanding Your Non-Profit
Businesspeople Holding Up a Globe — Image by © 2/Ryan McVay/Ocean/Corbis Many people have heard of tax exempt organizations, yet not everyone is clear on what the term means. A tax exempt organization is one that is exempt from paying federal income tax. There are 29 types of nonprofit organizations that the Internal Revenue Service… Continue Reading Understanding Your Non-Profit
Obtaining a Trademark, Logo, or Brand Registration in India.
Trademark Registration In India There are several opportunities for companies in India today. The country of India has a large nucleus of business that provides a wide assortment of services and products to the international marketplace. When it comes to intellectual property, such as trademarks, logos, and brand recognition in India, there is a specific… Continue Reading Obtaining a Trademark, Logo, or Brand Registration in India.