Author name: karimilaw

130 NATIONS HAVE CONSENTED TO A PLAN TO REFORM TAXATION RULES REGARDING MULTINATIONAL CORPORATIONS. Karimi & Associates Law Firm presents according to Jurist: The Organization for Economic Cooperation and Development (OECD) declared 130 nations have endorsed a plan to reform taxation regulations concerning multinational corporations. The plan includes two pillars. The first pillar would re-allocate certain taxing rights over multinational enterprises from their home countries to regions where they operate and earn profits irrespective of […]

Karimi & Associates Law Firm represents According to Reuters: Three application developers urged a U.S. appeals court to revive their antitrust lawsuit against Facebook over its purchase of WhatsApp and Instagram, arguing the alleged harm they suffered from the deals entitles them to sue. Facebook said in its court filing on Wednesday that the application developers’ “sole theory of harm from the years-ago acquisitions stacks speculation upon speculation.” The company in earlier

Karimi & Associates Law Firm presents according to Jurist: The European Commission alleged that German automakers BMW, Daimler, and the Volkswagen Group (Volkswagen, Audi, and Porche) violated EU antitrust laws by colluding to restrict the deployment of cleaner emissions technology in diesel passenger cars. The Commission imposed a fine of €875 million on BMW and the Volkswagen Group. The automakers held frequent technical meetings to review the development of technology to remove

Karimi & Associates Law Firm presents according to Euronews: Foreign ministers of the European Union have approved plans to develop a competitor global investment strategy to China’s Belt and Road Initiative, to counter Beijing’s flourishing influence in countries across the world. Beijing, which launched the initiative in 2013, has already started investing in nearly 70 different countries and international organizations, including in EU member state Greece at the port of Piraeus and

May the eternal peace and joy embrace your life on this Eid Al-Adha and fill it with uncountable blessings. Eid Mubarak!

Karimi & Associates Law Firm presents according to Jurist: The US Department of Commerce added 34 entities to its Entity List over global human rights concerns, and 14 of those were specifically designated as being involved in potential human rights violations in Xinjiang, China. Unlike the Department of Treasury’s Specially Designated Nationals (SDN) list, added to the Department of Commerce’s Entity List does not constitute a full sanction and prohibition on doing business with US persons.

Karimi & Associates Law Firm presents according to Jurist: An Iranian-American businessman sued Dechert LLP for hacking into his email account and leaking his personal information on BitTorrent sites, with the permission of The Chancery Division of the High Court of Justice of England and Wales. The aviation tycoon Farhad Azima alleges that the international law firm recruited illegal hackers to steal privileged information related to his business, leading to a London judge

Karimi & Associates Law Firm presents according to Jurist: Moscow’s Tagansky District Court imposed fines against Twitter Inc, Facebook Inc, and Pavel Durov’s Telegram stating that Facebook and Twitter have failed to delete illegal content. The court at the beginning decided the case against the tech giants back in April and held that the companies breached the Code of the Russian Federation on Administrative Offenses. These violations of the social media protocol

THE CHARTER SETS OUT THE SPECIFIC FUNDAMENTAL RIGHT OF INDIVIDUALS ONLINE Karimi & Associates Law Firm presents according to Jurist: Mr. Pedro Sánchez the president of Spain has declared the publication of the Digital Rights Charter. According to Sánchez statement, the Charter is meant to be a framework of reference for all Spanish authorities and to inform future action and is not a regulation or new legislation, Thus, the announcement does not

Karimi & Associates Law Firm presents according to Guardian: An artificial intelligence system is capable of being an “inventor” under Australian patent law, the federal court has stated, in a decision that could have wider intellectual property implications.  In a federal court judgment on Friday, justice Jonathan Beach overturned a decision made by an Australian deputy commissioner of patents regarding that AI systems can not be considered as inventors, the matter has