Connect with us

Top Stories

Perkins Coie Strengthens China Practice with Addition of Partners

Published

on

Perkins Coie Strengthens China Practice with Addition of Partners

James M. Zimmerman and Scott J. Palmer 

Perkins Coie is pleased to announce that veteran Beijing-based lawyers James M. Zimmerman and Scott J. Palmer have joined the firm’s Beijing office as partners. Jim will join the firm’s Business practice, and Scott will join the Intellectual Property (IP) practice.

Jim and Scott have worked in China for most of the past three decades and bring a deep understanding of the country’s economy, culture and legal framework. With client lists that include household names and global brands, Jim and Scott have strong reputations in China and regularly receive high marks from attorney-ranking publications.

“It’s a significant gain for the firm to welcome Jim and Scott, two esteemed lawyers who bolster our growing teams in Beijing and Shanghai,” said Michael House, Managing Partner of Perkins Coie’s Beijing office. “Their exceptional experience and impressive track records in China further our ability to counsel our clients—particularly U.S. companies—in the transactional, regulatory, trademark, litigation and e-commerce areas.”

Geoffrey Vance, Managing Partner of Perkins Coie’s Shanghai office, adds: “The addition of Jim and Scott is a game-changer for Perkins Coie China and further demonstrates our commitment to maintaining a tier-one China practice and growing our offices here.”

Jim, widely considered one of the top American lawyers in China, previously led Sheppard Mullin Richter & Hampton LLP’s Beijing office and has worked in the country since the late 1990s. He counsels U.S. companies across a broad range of industries on corporate, transactional, regulatory and litigation matters. Jim has extensive experience with M&A, labor and employment and dispute resolution as well as with investments related to joint ventures, manufacturing, liquidation and dissolution.

Jim is the Chairman Emeritus of the American Chamber of Commerce in China and has served as its chairman and vice chairman on multiple occasions. He is the lead author of the well-regarded ABA China Law Deskbook, a go-to legal reference for companies doing business in China. He is regularly recognized as one of China’s leading business lawyers in the categories of Chinese Law, Dispute Resolution and General Corporate Law in the AsiaLaw Leading Lawyers Survey, and the International Who’s Who of Business Lawyers for Arbitration, and as a Leading Individual in the category of Corporate/M&A for foreign law firms in China in the AsiaPacific Legal 500: The Guide to Asia’s Commercial Law Firms. Jim earned his J.D. from the University of San Diego School of Law, and received his M.B.A. and B.A. from the University of California, Irvine.

Scott also joins Perkins Coie from Sheppard Mullin, where he was a partner. Fluent in Mandarin, he has spent his entire legal career in China beginning in the early 2000s. He advises clients on in-bound China IP enforcement, particularly with trademark, copyright, trade dress, patent and unfair competition matters involving IP.    Scott manages IP portfolios for large multinational companies, including registration, prosecution, acquisition, maintenance, licensing, enforcement, and litigation of IP rights. His practice also includes customs registration/enforcement of IP, and the enforcement of IP on e-commerce sites, in social media and on mobile apps in China.  Scott regularly advises on technology transfers, brand development and advertising, cross-border registration and enforcement of IP, complex IP litigation, as well as product quality and product approval/registration compliance for cosmetics, pharmaceuticals and health foods.  Scott also advises technology and telecommunications companies on Internet regulatory, Internet governance, and cyber security matters involving China.

Scott has been widely recognized as one of the best foreign IP lawyers in China.  He was listed in Chambers Global and Chambers Asia as a Leading Lawyer (Intellectual Property) for 2018, and has been listed each year since 2011. He also has been listed as a Leading Individual by the World Trademark Review (2010-2018) and is recommended by The Legal 500 Asia Pacific (2016-2018).Scott earned his J.D. from the Indiana University Maurer School of Law, Bloomington, and received his B.A. from Northern Arizona University.

“As our offices in Beijing and Shanghai have grown in recent years, we’ve seen a sharp increase in clients seeking specialized assistance as they enter or expand their presences in those markets,” said John Devaney, Firmwide Managing Partner. “Jim and Scott’s knowledge and experience after many years in China address our clients’ growing needs in Asia when it comes to investments in a wide array of matters including joint ventures, banking and finance, evolving regulations, data privacy, cryptocurrency and IP enforcement.”

Also joining Jim and Scott at Perkins Coie will be an accomplished team of associates, paralegals and support staff.

Perkins Coie is a leading international law firm that is known for providing high value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,000 lawyers in 19 offices across the United States and Asia, we provide a full array of corporate, commercial litigation, intellectual property and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

Top Stories

German January exports to UK fell 30% year-on-year as Brexit hit – Stats Office

Published

on

German January exports to UK fell 30% year-on-year as Brexit hit - Stats Office 1

BERLIN (Reuters) – German exports to the United Kingdom fell by 30% year-on-year in January “due to Brexit effects”, preliminary trade figures released by the Federal Statistics Office on Tuesday showed.

In 2020, German exports to the UK fell by 15.5% compared to 2019, recording the biggest year-on-year decline since the financial and economic crisis in 2009, when they fell by 17.0%, the Office said.

“Since 2016 – the year of the Brexit referendum – German exports to the UK have steadily declined,” the Office said in a statement.

In 2015 German exports to the UK amounted to 89.0 billion euros. In 2020, German they totalled 66.9 billion euros.

Imports to Germany from the UK totalled 34.7 billion euros in 2020, down 9.6 % compared to 2019.

(Reporting by Paul Carrel; Editing by Madeline Chambers)

Continue Reading

Top Stories

German unemployment unexpectedly rises in February

Published

on

German unemployment unexpectedly rises in February 2

BERLIN (Reuters) – German unemployment rose in February for the first time since last June, data showed on Tuesday, dashing expectations for a fall as lockdown measures to suppress the coronavirus case load held back Europe’s largest economy.

The Labour Office said the number of people out of work rose by 9,000 in seasonally adjusted terms to 2.752 million. A Reuters poll had forecast a fall of 13,000.

“Kurzarbeit (shortened working hours) continues to secure employment on a large scale and prevent unemployment,” Labour Office chief Detlef Scheele said in a statement, adding: “Individual sectors are feeling the effects of the lockdown.”

Germany has been in lockdown since November, and measures were tightened in mid-December, as it battles a second wave of the virus. Chancellor Angela Merkel has said new variants of COVID-19 risk a third wave of infections.

The unemployment rate remained unchanged compared with the previous month at 6.0%.

The labour agency said some 2.39 million employees were on shortened working hours in December under the government’s Kurzarbeit scheme designed to avoid mass layoffs during downturns by offering companies subsidies to keep workers on the payroll.

After peaking at some 6 million last April, the number of people on Kurzarbeit fell before rising again in November as lockdown measures kicked in, the Office said.

(Writing by Paul Carrel; Editing by Madeline Chambers)

Continue Reading

Top Stories

We cannot ‘lockdown’ to avoid the climate crisis

Published

on

We cannot ‘lockdown’ to avoid the climate crisis 3

By Vaughan Lindsay, CEO, ClimateCare

The parallels between the Coronavirus response and how we could all collaboratively tackle the climate crisis should not be overlooked. Tackling either problem, for instance, has changed our lifestyle in so many ways. In short, we have all have to make adaptations for a much longer-term gain. I also believe that the pandemic has highlighted to us all that we can live differently; indeed, that we are all incredibly adaptable.

We cannot isolate from the climate crisis.

Nevertheless, there are also some very important differences too; namely the speed in which we witness effects and how long we will all live with the impact. Covid-19 is more immediate, it’s on everyone’s minds (no matter how fatigued we all are by the topic after a year of living with it). Climate change, on the other hand, feels like a much longer-term threat which doesn’t invoke the same kind of unease or fear – or at least not enough for people to take immediate action. Yet, as Mark Carney so eloquently summed up recently, the world is heading for mortality rates equivalent to the Covid crisis every year by mid-century unless action is taken right now. “One of the biggest issues is you cannot self-isolate from climate,” he said. “That is not an option. We cannot retreat in and wait out climate change, it will just get worse.” Bill Gates also further highlighted the severity of the situation too when he recently commented that solving climate change would be “the most amazing thing humanity has ever done” and by comparison, ending the pandemic is “very, very easy”, the billionaire founder of Microsoft claimed.

Taking action.

Ultimately, the short-term imperative of dealing with the Covid-19 pandemic doesn’t alter the urgency of dealing with the climate crisis. And certainly, there is currently no ‘silver bullet’ for solving either the pandemic or climate change. However, there are a set of agreed actions that every business and individual can (and should) take to help tackle these issues. To tackle Covid-19 we lockdown, we work from home, we continue social distancing, washing our hands and wearing masks to protect one another and the NHS. And of course, we continue to roll out the vaccines and treatments for longer term protection.

On the other hand, we cannot lockdown to tackle the climate crisis. Rather for climate change, it’s about understanding and taking responsibility for our climate impact, both by changing our behaviour to reduce our carbon footprint and by decarbonising many of our business models and lifestyles. .

Vaughan Lindsay

Vaughan Lindsay

Now is the time to build back better.

To ‘build back better’ then we need to work towards a sustainable low or zero carbon recovery, and this needs to be done with realism and integrity. Not only does this mean that we need to work together to create integrated and robust climate strategies, but we also need to take action to decarbonise sooner rather than later and while we make these structural changes, we need to ensure that we are compensating for all residual emissions as part of everyday business too.

Taking action (over pledges).

Despite the pandemic, it was encouraging last year to see the ever-increasing number of corporates committing to achieve Net Zero status. However, whilst it is great to see firms working hard to measure their footprint and set reduction targets, many firms still admitted to us that they are waiting to get this right before they take action to reduce and compensate for their emissions. This remains a concern. Because, whilst these plans and long-term targets are commendable, they do little for the environmental damage that is being done right now. There is a risk of action hiding behind plans.

Ultimately, we need to more than halve emissions by 2030; this is equivalent to reducing the current emissions of China, India, the EU and the US combined. It’s a mammoth task. To tackle it we need to drive actions simultaneously and at pace, and then modify and adjusting moving forward. In simple terms, there really isn’t time to take things one step at a time anymore. We need to take action right away. As such – and as we continue through this coming year – we need to see more of these ambitious plans and statements put into practice, as companies continue to turn their plans (and pledges) into action.

Time to raise the bar.

The issue of climate change is now central to nearly all forward-thinking corporates and we are now witnessing one of most encouraging environments for them to act on this. It’s vital to ensure that the role of the voluntary carbon market delivers real additional emission reductions on the ground and at scale.

Never before has there been a better time to raise the bar and our own ambitions about what positive corporate action looks like. Because the climate will not respond to targets and pledges. Only action counts.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call For Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Articles

Newsletters with Secrets & Analysis. Subscribe Now