Member News, News

ASML establishes customer co-investment program with Intel as first participant customer

De Brauw Blackstone Westbroek has advised ASML, the world's largest supplier of equipment to computer chip manufacturers, on a customer co-investment program. Intel is the first participant in the customer co-investment program, and has committed to acquire up to a 15% equity ownership interest and to provide R&D funding for an aggregate max amount of 3.3 billion. Other customers are evaluating the program. ASML may issue up to an aggregate 25 percent minority equity stake to customers. Alongside these equity...

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Member News, News

Who’s Who Legal selects De Brauw as leading law firm in Netherlands for seventh time

Who’s Who Legal has once again picked out De Brauw Blackstone Westbroek as the leading firm in Netherlands in its annual awards. The firm was named Netherlands Law Firm of the Year 2012, the seventh consecutive occasion that it has gained this recognition. Who’s Who Legal lists only the leading lawyers in each field, based exclusively on the findings of an independent six-month research process that encompasses feedback from private practitioners, clients and other experts in the sector. Editor in chief Callum Campbell...

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Chapter News, News

Danish Minister for EU Affairs, Nicolai Wammen, spoke about the European economy at the EACCNY

The European American Chamber of Commerce New York hosted a Newsmaker Breakfast for the Danish Minister for European Affairs, Nicolai Wammen, during his visit to New York this week. The ministers presentation “Europe – The Path Ahead” focused on the current economic situation in Europe, the main results achieved during the recently completed Danish EU Presidency and not least on creating growth and jobs across the Atlantic. “I am not so fortunate as to live in New York every day, but...

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Chapter News, News

Towards a European Financial Union and a More Solid European Banking Sector

Speaking at the Peterson Institute for International Economics in Washington, DC, today, EU Internal Market and Services Commissioner Michel Barnier outlined further European integration efforts leading towards a more integrated banking, economic and fiscal union. "Europe will soon be the first region in the world to have translated the Basel III agreement on banks' capital rules into binding law. We will apply these rules to more than 8000 European banks," he pointed out, noting that "it is very important that...

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Member News, News

EACC Member Pepper Hamilton Presenting at Compliance Programs and Anti-Money Laundering Laws Webinar

Pepper Hamilton LLP partner Frank A. Mayer, III will be a presenter for J.H. Cohn's "Compliance Programs and Anti-Money Laundering Laws" webinar on July 19, 2012 from 2:00 - 3:30 p.m. EDT. FinCEN's upcoming deadline for lenders to comply with anti-money laundering laws (AML) is less than one month away. Adhering to the law requires written policies and changes to the origination processes resulting in new and unique issues to lenders. During this webinar, the panel will discuss everything you need...

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Chapter News, News

Cybercrime: EU citizens concerned by security of personal information and online payments

A new Eurobarometer survey shows that Internet users are very concerned about cyber security: 89% avoid disclosing personal information online, and 74% agree that the risk of becoming a victim of cybercrime has increased in the past year. 12% of internet users across the EU have already experienced online fraud, and 8% have fallen victim to identity theft. Nonetheless, 53% have not changed any of their online passwords during the past year. "While ever more people are making the most out...

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Chapter News, News

Eurobarometer: What Europeans think of food security, food quality and the relation between agriculture & the countryside

More than 90% of EU citizens find quality and price an important factor when buying food, and more important than origin (71%) and brand (47%) – indeed they were deemed "very important" by 65% (quality) and 54% (price), according to a new EUROBAROMETER survey on food security, food quality and the countryside, which is published today. Quality labels are important for two-thirds of respondents, and there is an improvement on previous years in the recognition of the different EU quality...

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Chapter News, News

€8.1 billion investment in research and innovation to create growth and jobs

The European Commission has today announced the final and biggest ever set of calls for proposals for research under its Seventh Framework Programme (FP7). In total, €8.1 billion will support projects and ideas that will boost Europe's competitiveness and tackle issues such as human health, protecting the environment and finding new solutions to growing challenges linked to urbanisation and managing waste. The funding – which is open to organisations and businesses in all EU Member States and partner countries -...

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