Member News

Vulcan Consulting | Assessing 2023 in EU Politics – What to Expect for the Second Half of the Year

CLIMATE FOCUS SHIFTS TO IMPLEMENTATION AS POLITICAL LEADERSHIP CHANGES Akin to the ever-increasing global temperatures, as Brussels returns from its summer break, the EU’s environmental policy landscape continues to heat up. With June’s European Parliament elections just around the corner, Brussels’ political factions are about to kick-start their political campaigning – that is all except the right-wing factions as the widely communicated blow-up over the Nature Restaration Law has shown. As the public’s apparent backlash to climate activists – and policy –...

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Chapter News

CER Policy Brief | Europe can withstand American and Chinese subsidies for green tech

Policy brief by John Springford , Sander Tordoir | Published 12 June 2023. CER study raises concerns about wasteful European subsidies, as shipping costs increasingly discourage imports from faraway countries European policy-makers are worried about losing out to subsidised production in the US and China in the booming global market for green technologies. A new CER policy brief, ‘Europe can withstand American and Chinese subsidies for green tech’, shows that the EU can be competitive in green goods and should use...

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Member News

Mason Hayes & Curran | The National Hydrogen Strategy – A Milestone for Ireland’s Energy Transition

The publication of the National Hydrogen Strategy (the Strategy) is a considerable step in the development of a green hydrogen industry in Ireland and Ireland’s decarbonisation journey. This long-awaited publication has been well received in the sector, with many stakeholders describing it as a key step in the right direction and broader than anticipated. Key points The key points in the Strategy include: Clear objectives The Strategy contains a list of 21 specific deliverables, to be actioned from now to 2030. These include...

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Member News

Trepp | Glass Half-Empty or Half-Full? Encouraging Signs in the Office CRE Sector

For the past few months, office sector commentary has remained largely bleak with CMBS delinquency rates reaching a five-year high, and many companies opting to downsize their office footprint. However, amidst the challenges, there is a glimmer of hope in the news surrounding office properties. Some large metros have seen absorption increase, notable CEOs have expressed the desire to increase in-office presence, and certain large offices have displayed positive performance through their financial data. Despite the challenges that lie ahead,...

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Chapter News

ECB | Need for speed on the Road to Paris

Blog post by Luis de Guindos, Vice-President of the European Central Bank | Moving towards carbon neutrality as quickly and boldly as possible is by far the best way to slow down climate change. It may take more effort in the short run, but in the long run it will cost less overall, says ECB Vice-President Luis de Guindos. We need to reach carbon neutrality to avoid existential risks to nature, people and our economies. And we need to...

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Member News

Ogletree Deakins | It’s 2023: Do You Know Where Your Workers Are? Key Considerations for Managing a Remote Workforce

Even with an increasing number of employers calling their workers back into the office following the pandemic, many employees across the United States are still working from home or otherwise working remotely. While many employers tout the flexibility of work-from-home as a benefit for employees, managing a remote workforce can raise a number of multistate compliance challenges. In particular, remote and hybrid work has significant implications for employers’ state and local tax withholding and unemployment insurance contribution obligations. Planning...

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Member News

Fenwick | Creativity and Technology: The FTC’s Warning Shot When Creating and Marketing Digital Products Using Artificial Intelligence

The Federal Trade Commission (FTC) continues to issue guidance on the use of generative artificial intelligence (AI) and the potential regulatory scrutiny facing companies and creators using these new tools in the market. While the FTC has previously addressed issues such as exaggerating the use of AI in a product or the potential deceptiveness related to deepfakes or synthetic media, the most recent guidance focused on the impact of the use of generative AI in the creation of content and related digital products arising...

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Member News, Uncategorized

Littler Mendelson | Changes to Flexible Working Regime in the UK – What Employers Need to Know

On July 20, 2023, UK’s Employment Relations (Flexible Working) Bill 2023 received Royal Assent and is currently expected to come into force in Summer 2024, though a precise date has not yet been confirmed by the government. Despite campaigning from industry groups and recommendations from the government’s own Flexible Working Taskforce to make flexible working the default position for workers back in May 2021, the new Act does not make flexible working a “day 1” right, and the eligibility requirements...

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Member News

Troutman Pepper | FTC and DOJ Announce Workshops on the 2023 Draft Merger Guidelines

The Federal Trade Commission (FTC) and Department of Justice (DOJ), Antitrust Division announced that they will hold three workshops regarding their jointly issued Draft Merger Guidelines. The first virtual workshop will be held on September 5, at 1-4:15 p.m. ET. The agencies released the Draft Merger Guidelines for public comment on July 19. The draft sets forth the following 13 broad guidelines: Mergers should not significantly increase concentration in highly concentrated markets. Mergers should not eliminate substantial competition between firms. Mergers...

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Chapter News

ECB | Europe Needs to Think Bigger to Build its Capital Markets Union

Blog post by Fabio Panetta, Member of the ECB's Executive Board | With rising geopolitical tensions and urgent global challenges such as the climate and digital transitions, Europe needs to bolster its resilience to shocks and invest strategically. In order to achieve this, we need to work together, as a more integrated Europe is better positioned to realize shared goals in a fragmented global economy. Central to this strategy is the creation of an integrated European capital market — a...

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