Company News

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMEX) agreed on the evening of Thursday, October 4, to a tentative deal on wages and to have the previous contract between the parties extended through January 15, 2025, to continue negotiations on the future contract. The Joint Statement by the ILA and USMEX was published on the ILA’S Facebook page.Here at Mosaic Paradigm Law Group, we can help you with all of your corporate law, contract drafting, negotiations, and due diligence needs. We encourage you to reach out for a consultation to discuss your specific needs and how our firm can assist you in navigating the business law landscape no matter the industry.

Reuters reported: For national security reasons, the U.S. Department of Commerce announced on September 23, 2024, new proposed rules to ban the use of Chinese software and hardware in “connected” and self-driving cars on U.S. roads. The ban will also be extended to other foreign countries, including Russia.MPLG’s New Energy's legal team once again reminds Chinese companies to adjust their strategies as soon as possible to cope with the challenges brought about by this policy, while paying attention to changes in the global market and policy trends.

Senior lawyers from MPLG International Law Firm's new energy/smart manufacturing legal team have been helping Chinese factories land in North America for many years, and the subsequent impact of the International Dockers' general strike on the East Coast and Gulf Coast of Mexico on Chinese companies is as follows: 1) Sound contract preparation;2) Ensure force majeure clauses;3) Dispute resolution mechanism;4) Alternative fulfillment; 5) Multi-vendor strategy and inventory planning terms;6) Work with legal counsel;7) Insurance protection

When selecting a third-party contractor, extensive due diligence investigations are essential to mitigate these risks. Proper due diligence includes conducting comprehensive audits to assess financial stability, compliance with relevant laws, as well as cybersecurity measures. Red flags such as reports of cybersecurity breaches, a decline in business reputation, or inadequate compliance controls should be carefully scrutinized. In addition, clear contractual agreements outlining performance standards and compliance expectations are vital for maintaining proper oversight on third-party contractors. In the end, establishing clear communication channels and responsibilities between parties, along with rigorous monitoring, can help manage a company’s risks and protect the business from potential operational and reputational harm.

On April 6, MOSAIC Paradiam’s Training Session for Chinese Enterprises in the United States - Labor Employment and Human Resources Training Series (1)What Factors Determine the Future Success or Failure of Chinese Enterprises Seeking Win-Win Results in the United States?