The amended Company Act, effective November 1, 2018, brings important changes with respect to flexibility for businesses, friendlier environment for entrepreneurship and funding, strengthening corporate governance, cooperation in anti-money laundering measures, protection of shareholders' rights, bu
The amended Company Act, effective November 1, 2018, brings important changes with respect to flexibility for businesses, friendlier environment for entrepreneurship and funding, strengthening corporate governance, cooperation in anti-money laundering measures, protection of shareholders' rights, building an international environment, etc. The impact of this amendment on corporate financing, management rights, and corporate governance, are important issues attracting much attention from business operators.
To help business owners understand the new provisions and application of the amended Company Act, and provide possible directions of future amendments, FBlaw held the "Key Provisions of the 2018 Amendment to the Company Act" seminar on January 18, 2019. The seminar began with FBlaw’s partner Teresa Pan, Esq. delivering an introduction to the amended Company Act. Next, FBlaw’s managing partner, Lipu Lee, delivered a presentation entitled "the Impact of the New Company Act on Corporate Financing;" the presentation covered corporate financing provisions of the amended Company Act. FBlaw also invited Professor Chih-Cheng Wang of the Department of Law, National Chung-Cheng University, and Professor Te-Fang Chu of the Department of Law, National Chengchi University, to speak: "The Fight for Management Right: Common Disputes and Legal Application" and the "Impact of the Amended Article 206 of the Company Act on a Director's Execution of Company Business and the Response thereto," respectively. In the end, the speakers and the audience shared an enthusiastic exchange in the Q & A session to wrap up a successful event.