Mergers and Acquisitions

Mergers and Acquisitions

M&A: Who take responsibility to develop labor utilization plan?

Vietnamese Labor Code 2019 requires enterprises to develop labor utilization plans in some certain M&A operations to best protect the interest of the employees, the lesser party in labor relation.

Deadlock provision in Company’s Charter -  A perspective to Bay Water case

Situations where there is no consensus on managing or operating the company between partners, can lead to a joint venture that cannot approve important decisions. Therefore, when establishing a joint venture, both parties should pay attention to provisions for resolving “deadlock” issues. This article will deliver some recommendations for “deadlock” provisions in the charter, from a new perspective to the Bay Water case