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Germany passes law requiring corporate due diligence human rights, environment

JURIST

The German Parliament passed a law on Friday requiring large and medium-sized businesses to do their due diligence in combating human rights violations along their supply chain. The Bundestag adopted the draft law by a large majority. The law introduces a shift to mandatory compliance with international norms on labor exploitation.

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EU blocks proposal to foster corporate due diligence within the bloc

JURIST

The Corporate Sustainability Due Diligence Directive (CSDDD) aimed to accomplish these goals while also protecting human rights and the environment in companies’ operations and corporate governance. The post EU blocks proposal to foster corporate due diligence within the bloc appeared first on JURIST - News.

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HRW: Saudi Arabia world cup bid promotes labor abuse against migrant workers

JURIST

The law firm that drafted it worked exclusively with national government officials. ” Therefore, HRW called on FIFA not to vote in favor of Saudi Arabia as host of the 2034 World Cup next December until the country demonstrates “ proper human rights due diligence” and a serious commitment to labor rights.

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FDA’s Issues Draft Guidance on Accelerated Approval: A Substantial Evidentiary and Procedural Overhaul to this High-Profile Pathway

FDA Law Blog

Sasinowski On December 5, 2024, FDA published a new draft guidance on accelerated approval providing a much needed and substantial update to its guidance on the pathway. FDAs December 5, 2024 draft guidance on accelerated approvals appears intended to cover each of these topics even if not by dividing them precisely along those lines.

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The Process of Buying or Selling a Business: A First-Time Buyer’s Guide to Due Diligence

Strictly Business

Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.

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What Companies Need to Know About Sustainable Corporate Governance and Directors’ Duties in the EU

The Fashion Law

To this end, the EU is currently preparing a proposal for a European Directive on Sustainable Corporate Governance, which aims to introduce new rules on incorporating sustainability in long-term business strategies. We expect the proposal for a European Directive on Sustainable Corporate Governance to be published later this year.

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Time’s Up: Will Law Firms Say Goodbye To Billable Hour In The (Gen)AI Era?

Above The Law

The traditional path involves calling a law firm partner, who assigns an associate to do the first draft, resulting in a $2,000 bill for approximately four hours of workmainly research, drafting, and revisionat a weighted rate of $500 per hour.

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