June 5, 2023Luthra and Luthra Law Offices India, a leading full-service law firm in the country, is mourning the loss of their Managing Partner and Founder, Mr Rajiv K Luthra. Born on 1 August 1957 in Delhi, Mr Luthra embarked on his legal journey by obtaining his law degree from Delhi University. In 1990, he established Luthra and Luthra Law Offices, which has since grown to a talented team of over 300 lawyers, including 70 partners. Renowned for his expertise in corporate and project finance, his achievements include being recognised as an Eminent Practitioner by Chambers & Partners Global in 2023. Asia Law Leading Lawyers identified him as one of the most highly acclaimed legal experts in the Asia-Pacific region in the field of Capital Markets & Corporate Finance. Furthermore, his exceptional leadership abilities garnered him accolades such as being named one of the ‘Top Managing Partners’ by Forbes India Legal Powerlist and receiving the Managing Partner of the Year award at both the LegalEra India Awards and ALB India Law Awards in 2020. Luthra and Luthra eloquently captured the enduring legacy left behind by their beloved leader. The firm notes that “he was one of the greatest visionaries who not only established one of the best law firms in India but also inspired and encouraged an entire generation of young lawyers to spread their wings and fly higher”. Beyond the firm he lead, his loss has been felt widely across the legal community. Mohit Saraf, Founder and Managing Partner of Saraf and Partners shared “I am deeply saddened by the untimely demise of Mr Rajiv Luthra, a renowned figure in the...
May 22, 2023TIPO Issues Draft Amendments to Regulations Governing the Determination of Patent Term Extension Draft amendments have been made to Articles 4 and 10 of the Regulations Governing the Determination of Patent Term Extension, the Taiwan Intellectual Property Office (TIPO) announced recently. Firstly, the amendment to Article 4, Paragraph 2 states that the specific patent agency may rely on documents that indicate the period of domestic and/or foreign clinical trials conducted for obtaining a marketing approval of a drug from the central competent authority in charge of the business as criteria for determining the extension of the patent term. The Specific Patent Agency does not need to send the documents to the central competent authority for confirmation. Another part of Article 4 states that during examination for marketing approval, the central competent authority in charge of the business shall confirm documents that indicate the period of domestic and/or foreign clinical trials and a data sheet for data exclusivity and domestic and/or foreign clinical trials submitted by an applicant. If there is any difference between the results confirmed by the central competent authority and the data sheet submitted by the applicant, the difference shall be corrected on the data sheet and approved by the central competent authority. Since the central competent authority has confirmed the period of domestic and/or foreign clinical trials conducted for obtaining a marketing approval, the specific patent agency can determine and calculate the period of domestic and/or foreign clinical trials based on the data sheet confirmed by the central competent authority. Hence the proviso ‘sent by the specific patent agency’ in the current regulation is deleted. This...
May 9, 2023DENNY RAHMANSYAH AND AGUNG KURNIAWAN SIHOMBING After almost a decade of discussion, Indonesia finally passed its personal data protection law in September 2022. Law No. 27 of 2022 dated 17 October 2022, regarding Personal Data Protection (PDP Law) becomes Indonesia’s umbrella regulation for personal data protection, both in electronic and non-electronic form. The PDP Law also applies extraterritorially to any personal data processing that has an impact in Indonesia and/or affects Indonesian citizens outside of Indonesia’s jurisdiction. Consisting of 16 chapters and 76 articles, the PDP Law regulates the main principles of personal data protection, the rights of personal data subjects, and the obligations of Personal Data Controllers (Data Controller) and Personal Data Processors (Data Processor). It also regulates sanctions (administrative and criminal) for violations of the law. Despite being a comprehensive regulation, most of the provisions of the PDP Law require implementing regulations to be fully implemented. The PDP Law provides a two-year transitional period, beginning 17 October 2022, for Data Controllers, Data Processors, and other parties involved in data processing activities to adjust their data processing practices to the requirements under the PDP Law. One of the provisions in the new law that lacks clarity concerns cross-border data transfers, an issue of great importance in the digital age. Noting the lack of clarity in the PDP Law, this article will provide a brief overview of the current practice applicable under MOCI Reg. 20/2016 and offer a comparison with the General Data Protection Regulation (GDPR) of the European Union (EU), which was referred to heavily during the drafting of the PDP Law. Personal Data Under The PDP Law...
May 9, 2023Opportunities and Challenges Ahead As technology continues to advance, the legal industry remains no exception to its effects. Law firms are now turning to artificial intelligence (AI) to assist with tasks such as contract drafting, legal research, and even predicting case outcomes. While the use of AI in the legal field is still relatively new, it has already shown promising results in increasing efficiency and reducing costs. However, as with any new technology, there are also concerns about the potential risks and drawbacks. Interestingly, this introductory paragraph (along with its cautious acknowledgement of AI risks) was not written by me at all, but by ChatGPT – itself an AI chatbot tool developed by OpenAI and launched in late 2022. Its release, together with other natural language processing models like Google Bard and Bing AI, have dominated headlines by making generative AI widely accessible with exciting opportunities for application in fields such as law. The use of AI in the legal profession is, of course, not new. For instance, it is reported that Shearman & Sterling have used a wide variety of AI tools, including Kira for due diligence, while White & Case is reported to use tools such as Brainspace and Relativity to assist with document review for discovery. However, this new wave of innovative AI platforms represents a potentially steep upgrade on previous tools with widescale adoption predicted. Indeed, hot on the heels of the ChatGPT release came Allen & Overy’s announcement in February 2023 of its global integration of “Harvey” – an AI platform founded by a team of former lawyers, entrepreneurs and engineers and built on...
May 9, 2023An Exploration of Data Protection and Cybersecurity Developments in the Digital Economy Era : How China, India, Vietnam and Thailand are keeping up with digital evolution In today’s digital age, data protection and cybersecurity are becoming increasingly important world over. The Asian legal landscape, being no exception, is ushering in an enormous amount of change – with privacy laws anticipated, by the end of this year, to have grown by 25% since 2021. With the rise of technology, sensitive data is being collected and stored at an unprecedented rate, making it vulnerable to cyber-attacks. This is especially true in countries like China, India, Vietnam and Thailand that are experiencing rapid growth in their digital economies. Here, we shine a spotlight on these countries and explore the latest changes and upcoming amendments to their data protection and cybersecurity laws and regulations. China With the ever-accelerating growth of technology, comprehensive data protection and cybersecurity laws in China have become crucial. In recent years, the Chinese government has implemented a number of changes to its laws in order to protect citizens’ personal information and ensure that companies are compliant with international standards, such as the European Union’s General Data Protection Regulation (GDPR). These changes include new regulations on data collection, storage, usage and cross-border data transfers; increased penalties for violations; and improved enforcement mechanisms. In 2021, China enacted its comprehensive data protection “rulebook”, the Personal Information Protection Law (PIPL) which, while neither as prescriptive nor as detailed as the GDPR, imposes strict requirements on companies that collect and use personal information, and gives individuals greater control over their own data. For example,...
April 26, 2023TSMC Tops List of Patent Applications in Taiwan For the seventh consecutive year, Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, took the top spot among patent applicants in Taiwan. The latest figures just in are for 2022, and TSMC filed a total of 1,534 applications, which was actually a 21% drop from 2021. All of TSMC’s patent applications were for invention patents. Last year, the total number of invention patent applications stood at 50,242 cases, which was a 10-year high. Of the foreign applicants, US-based semiconductor equipment supplier Applied Materials Inc. last year was Taiwan’s largest patent seeker, filing 881 applications comprising 847 invention patents, 2 utility model patents and 32 design patents. Qualcomm dropped from first to second place with 763 applications, which was 10% lower than 2021. South Korean conglomerate Samsung Electronics Co. took third place in the foreign applicants’ rankings with 675 applications, an increase of 30%, followed by Japan-based semiconductor supplier Tokyo Electron Ltd. with 487 applications. Most of the foreign patent applicants were from the semiconductor, information technology and chemical industries. Categorized by country, Japan held the top spot with 13,128 applications, the US was second with 8,517 and China third with 4,424. Amongst local applicants, PC brand Acer was second last year with a total of 530 patent applications, which was an increase of 15%. Third was flat panel maker AUO Corp. with 505, up 7% and ahead of smartphone IC designer MediaTek Inc. with 412 applications in fourth position. It should be noted that Hon Hai Precision Industry Co. was not in the leading ranks of applicants because a...
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