Entries by Mike Bellamy

Purchase agreements vs purchase orders

More than once, when I review Purchase Agreements (PA) that buyers have already signed with his or her supplier, I’ve found that actually what he signed is a Purchase Order (PO). Purchase agreements vs purchase orders: What’s the difference? A Purchase Agreement is an agreement signed by both buyer and supplier focused mainly on duty […]

PRC Releases New Trademark Amendment, Violators Face Fines: ~500K USD

China’s top legislature– Standing Committee of the National People’s Congress (NPC) adopted an amendment to the Trademark Law which went into effect on 30th of August, 2013. The amendment, raises the compensation ceiling for trademark infringement to 3 million RMB (about 500,000 US dollars), six times the previous limit, it also includes clauses that will […]