In a merger and acquisition (M&A) transaction, due diligence always contains a paradox: to decide whether to buy a business and for how much, the buyer needs to know as much as possible; but to protect its business, the seller needs to control as tightly as possible what is disclosed.
Registration of security is often seen as a procedure that follows a credit contract. But in essence, this is one of the institutions that determines the safety of the capital market. Assets are only truly valuable as collateral when lenders can establish and publicize their rights, third parties can recognize the existence of those rights, and the order of priority can be determined with relative certainty when disputes arise or asset disposal.
The financial market only really plays a role when it can bring capital to the right place where it is needed, with reasonable costs, appropriate deadlines and controlled risks. Over the years, Vietnam has built an increasingly large financial system, but the market structure is still not truly balanced. The economy is also significantly dependent on bank credit; the stock market, bonds, insurance and long-term investment institutions have not developed commensurately; while many new financial products still lack legal corridors and operational infrastructure.
There are knowledge that take many years to accumulate but only after a new document have to be relearned. There are procedures that were once very familiar and suddenly become strange. There are tasks that a few years ago a young lawyer had to spend all day doing, today new tools can be handled in a few minutes.
The gap between these two issues is where the legal risk of a restructuring focuses. You can prove that departments have been merged, reports have changed, or the number of positions has decreased. The harder question remains: how has this change changed the demand for labor and why are specific workers affected?
Artificial intelligence is entering many stages of business activities. AI can create content, analyze customer data, optimize advertising, reconcile documents, and receive customer requests. As technology takes on more and more jobs, businesses may want to shrink their staff or eliminate some positions. But buying software or putting AI into use does not by itself create the right to terminate an employment contract.
An employee who was working on a shift felt dizzy, then was determined to have a stroke or cerebral infarction. The incident occurred during working hours, at the workplace and when the employee was performing the assigned task. Is this an occupational accident?
