Cambodia’s Top 20 IP Experts 2022 revealed
We are delighted to announce that Mr. Vicheka Lay, Partner of Cambodia ILAWASIA's office (I.L. ASIA CO., LTD.), has been named in the Top 20 list of Asia IP's Cambodia IP Experts 2022, based on independent editorial research conducted by Asia IP.
Vicheka Lay is an attorney, admitted to practice law in Cambodia. In his regular IP practice, attorney Vicheka has been advising clients in franchise, distribution, exclusivity and all other IP-related agreements. Attorney Vicheka has full-fledged IP attorney, who has assisted clients in trademark, patent, industrial design registration, maintenance as well as in contingency case. He is also a licensed trademark attorney with certificate of legal mark agent number 215/25/22.
The final list is a combination of the nominations received and the editorial team at Asia IP, which has nearly 45 years of combined experience researching and understanding Cambodia's legal market.
Find out more information at: https://asiaiplaw.com/ip-expert/cambodia/vicheka-lay
Myanmar Directorate of Investment and Company Administration (DICA) says nominee directors and nominee shareholders will not be allowed
In Brief
According to the Section 462, Sub-section (a) (ii) of the Myanmar Companies Law, DICA announced a directive no.7/2023 on 17 January 2023, stating that nominee directors and nominee shareholders will not be allowed.
Key Takeaways
According to the Chapter 18 of the Myanmar Companies Law, in relation to the rights and responsibilities of directors, those who direct control the affairs are considered as directors according to Law, even it is not appointed as director. The appointment of nominee director will not be allowed in Myanmar.
Myanmar Companies Law specified that the director who owns the share needs to register to the Registrar.
Currently, some countries are allowed registration with the nominee shareholders and they are using a system that disclose the beneficial owner separately.
In Myanmar, it is not allowing such registration with the nominee and announce that the person/legal entity who are registered at the Registrar will be as the beneficial owner.
According to the section 421 of the Myanmar Companies Law, the information of beneficial owner can be checked with the prescribed fee at DICA.
Conclusion
We will certainly keep you apprised of any future developments in its regard. Should you need further information on Myanmar Companies Law, please drop us a line at corporate@ilawasia.com
New Year's Eve festivities hosted by the Thai-Lao Business Council
Our Managing Partner participated in New Year's Eve festivities hosted by the Thai-Lao Business Council.
Our managing partner, Somphob Rodboon, visited the abbot of Wat Sisaket in Vientiane, Laos, on January 13, 2023, along with members and the committee of the Thai-Lao Business Council. Additionally, the group of members traveled to welcome the new year and met with the ambassador of the Thai Embassy in Vientiane, Laos, the minister of industry and the minister of energy, and mine. The members of the Thai-Lao Business Council then attended an internal meeting to discuss work plans for the year 2023 at Krung Thai Bank, Vientiane Capital, before attending the council-arranged New Year's party.
Myanmar Intellectual Department Expected New Trademark Law to Come into Force in March 2023
In Brief
On January 12, 2023, the Myanmar Intellectual Property Department issued an announcement stating that the Trademark Law 2019, is planned to come into force in March 2023.
Key Takeaways
The Myanmar Intellectual Property Department will formally accept the trademark registration system once the Trademark Law is put into effect. Before the Myanmar Intellectual Property Department issues the official announcement that will come into force, mark owners must gather the necessary information to obtain trademark protection in Myanmar.
However, the registered marks/used marks are still accepting during the soft opening period according to Notification No. 63/2020.
The procedure for accepting payment will be announced from the Department with the specific notification.
The person who received the WIPO FILE User Account will be allowed to act as a representative for trademark registration after completion of the Trademark Registration training course conducted by the Myanmar Intellectual Property Department.
Therefore, the person who received the WIPO File User Account holders and who wish to register as the trademark registration representative are required to attend the Trademark Registration Representative Training Course held in Intellectual Property Department.
Conclusion
As further updates on Myanmar’s Trademark Law becomes available, we will certainly keep you apprised of any future developments in its regard. Should you need further information on protecting trademarks in Myanmar both under the current practice and the new Law, please drop us a line at IP@ilawasia.com
ILAWASIA attorney joined ASEAN Working Group on Intellectual Property Cooperation meeting in Chiang Mai
At the 68th ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and Related Meetings, Miss Thanapha Phetkeereeskul, IP Associate and delegate on behalf of Somphob Rodboon ILAWASIA Managing Partner, participated in the INTA session as one of the Trademark Offices Procedure Committees, on the 8th of December 2022.
How creators are learning about and navigating IP laws in Cambodia
In this interview conducted at the World Intellectual Property Forum 2022, Vicheka Lay, Partner at ILAWASIA, talks to PitchMark founder Mark Laudi about the current and future landscape of IP protection in Cambodia, his experience in handling IP claims, and his role in educating and raising awareness about IP among young innovators and start-ups. 🔗 https://bit.ly/3eTKV3q
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World IP Forum
Mr. Vicheka Lay, our Local Partner of I.L. Asia, and Miss Thanapha Phetkeereeskul, IP Associate of ILAWASIA, are currently joining at the World Intellectual Property Forum (WIPF) Conference, held at The Landmark hotel in Bangkok, Thailand, from 10th October to 12th October 2022.
International Trade Event: Comprehensive Asia Development Plan 3.0 (CADP 3.0)
On 9th November 2022, attorney Vicheka Lay, ILAWASIA Cambodia partner, attended the Comprehensive Asia Development Plan 3.0 (CADP 3.0) Symposium: Towards and Integrated, Innovative, Inclusive, and Sustainable Economy, co-organized by the Cambodia Ministry of Commerce and the Economic Research Institute for ASEAN and East Asia in Phnom Penh, Cambodia.
This symposium shared an understanding of CADP 3.0 as a framework for future development with government officials, the private sector and academics.
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