Chapter News, News

Empire State Building in EU colours on May 5th

To celebrate Europe Day 2014, New York City's iconic landmark, the Empire State Building, will be lit up in the European Union's flag colours, blue and yellow, for the sixth time - this year on Monday, 5th of May. About Europe Day On the 9th of May 1950, French Foreign Minister Robert Schuman presented his historic proposal for an integrated European coal and steel community, indispensable to the maintenance of peaceful relations. This proposal, known as the "Schuman declaration," is considered...

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Chapter News, New York Related News, News

New York City Issues Request For Proposals To Build Citywide Wi-Fi Network And State-Of-The-Art Information Hubs

New public communication points to be distributed across the five boroughs to provide free Wi-Fi, free calling to 911 and 311, and at least $17.5 million in annual city revenue NEW YORK—New York City, through its Department of Information Technology and Telecommunications (DoITT), issued a Request for Proposals (RFP) for the creation of a robust, citywide network of Internet hotspots that will constitute one of the largest free Wi-Fi networks in the country, greatly increasing access to broadband connectivity across...

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Member News, News

Chambers Europe names Mason Hayes & Curran as Irish Law Firm of the Year 2014

We are delighted that EACCNY member Mason Hayes & Curran has been selected as 'Irish Law Firm of the Year' at the Chambers Europe Awards for Excellence 2014. The Chambers Europe Awards recognise outstanding law firms and legal professionals.  Awards are based on detailed research and client and peer feedback carried out for the Chambers Europe 2014 guide. Commenting on the award Declan Black, Managing Partner of Mason Hayes & Curran, said, “We are very pleased to have won the top award for Ireland from...

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Member News, News

New York, Unemployment, and Severance Agreements

Before offering severance to a departing employee, New York employers should be aware of recent changes to the New York unemployment insurance law.  These changes may affect both the timing and language of the severance agreement. In 2011, the federal government passed the Unemployment Insurance Integrity Act, which required every state to make certain changes to its unemployment insurance law.1  As a result, New York amended New York Labor Law § 581(e)(3) and 12 N.Y.C.R.R. § 472.12, effective October 1,...

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Member News, News

Cybersecurity: Could It Be Your Next Fiduciary Duty?

Following the security breaches at Target and other major retailers, cybersecurity has emerged as one of the hottest topics of 2014. Companies have enjoyed enormous increases in productivity and profits as a result of Internet-related technologies. However, with many organizations now storing more sensitive data in the cloud and through networked computing, the potential impact of a security breach on the public as well as company shareholders has grown exponentially. So what is a corporate director to do? Since the Security...

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Chapter News, News

President Barroso receives 2014 Atlantic Council award for Distinguished International Leadership

European Commission President José Manuel Barroso was awarded the 2014 Atlantic Council Distinguished International Leadership Award in Washington, D.C. last night. The Atlantic Council recognized his dedication to the cause of European integration and his role in ensuring that the benefits of that integration - stability, prosperity, and democracy - reach across an ever-widening vision of Europe. Atlantic Council Chairman Jon Huntsman highlighted that throughout his political career, President Barroso has worked tirelessly to push policies that would bring stability...

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Chapter News, News

Speech by President Barroso at the US Chamber of Commerce

Many thanks Tom for your introductory remarks. We met recently in Brussels in the headquarters of the European Union and I am happy that I can now reciprocate your visit and meet you here in DC at your headquarters. I am also very pleased to be here with all of you today for a conversation about how we can strengthen transatlantic relations from both a political and economic perspective. The US Chamber of Commerce representing more than 3 million businesses is...

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Member News, News

The Netherlands: New investment opportunities for major wind projects

The Dutch government is currently taking major steps towards the development of large offshore and onshore wind projects. For offshore wind, 3450 MW of power will be put out for tender during the period 2015-2019, divided across ten to twelve projects. The government is offering grants to the tune of € 18 billion. In addition, work is underway on establishing robust spatial legislation to ensure rapid clarity on the locations of the new projects. This legislative operation should mean that...

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Chapter News, News

T-TIP Myths and T-TIP Realities

The United States Embassy in Germany recently published a piece that attempts to debunk some of the myths surrounding TTIP, including the notion that TTIP negotiations are being conducted in secrecy and that large corporations will be the only benefactors if an agreement is reached. In reality, several elements of the negotiations have already been made public; and moreover, small businesses will likely reap the greatest benefits from TTIP. MYTH: T-TIP negotiations are happening in secret and the agreement will...

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Member News, News

SEC Issues Cybersecurity Initiative Risk Alert

On April 15, the U.S. Securities and Exchange Commission (SEC)’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert on its Cybersecurity Initiative.1 The Alert is intended to provide additional information concerning the SEC’s initiative to assess cybersecurity preparedness in the securities industry, including broker-dealers and investment advisers. The SEC has been increasingly focused on cybersecurity issues, beginning with its Cybersecurity Disclosure Guidance issued in October of 20112 and most recently with its Cybersecurity Roundtable.3 In its Alert,...

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