Member News

GT Law | Commerce Department Delays Auxin Preliminary Determination on Solar Trade Imports

The Department of Commerce announced Aug. 23 it is delaying the issuance of the preliminary determination in the Auxin circumvention investigation until Nov. 28, 2022. The date had been set for Aug. 29, 2022. The decision is in response to a request by the petitioner, Auxin Solar, Inc., to allow Commerce more time to develop and analyze the questionnaire responses and comments from interested parties. If a positive determination is made Commerce will issue a preliminary order and Customs will...

Read more

Member News

EIB | President Hoyer and the EIB in Washington DC

An EIB delegation led by President Werner Hoyer, with the participation of Vice-Presidents Ambroise Fayolle and Thomas Östros, visited Washington DC on 25 and 26 August for high-level meetings with the US Administration, multilateral development institutions and leading think tanks on climate action and the forthcoming COP27 (6-18 November in Egypt), energy transition, Ukraine’s reconstruction and the global economic outlook as a result of the war in Ukraine. The first day of the visit featured bilateral meetings with officials at...

Read more

Chapter News

FTC says data broker sold consumers’ precise geolocation, including presence at sensitive healthcare facilities

When people seek medical care or visit other sensitive locations, they may think their presence is confidential. Little do most consumers know that if they have their phones with them, their location – for example, at a women’s health clinic, a therapist’s office, an addiction treatment center, or a place of worship – may be collected by tech companies. From there, that uniquely personal data becomes yet another commodity bought and sold in the shadowy information marketplace. An FTC...

Read more

Chapter News, Trade & TTIP Related

Statement from the Commission on clarifications discussed with Germany regarding investment protection in the context of the CETA agreement

Brussels, 29 August 2022 | The EU and Canada are trusted and like-minded partners that share the same goals when it comes to promoting open, sustainable and fair trade. Our EU-Canada Comprehensive Economic and Trade Agreement (CETA) aims to support our common objective of climate protection. In this context, the European Commission has engaged in constructive discussions with the German Federal Government to prepare a text that clarifies certain provisions in CETA. The result of these technical discussions is a...

Read more

Chapter News

International Cooperation on Civil Justice

In parallel with the adoption of EU instruments in the area of civil and commercial law, the EU’s exclusive external competence to negotiate and conclude international conventions has also increased. As a result, the EU (represented by the Commission) has gradually replaced Member States internationally. Where the EU cannot be formally a Contracting Party to an international Convention (because the participation of regional/international organisations is not foreseen in the convention), the EU exercises its competence through its Member States. The...

Read more

Chapter News

State aid: EU Commission approves Italian market conform scheme to manage publicly guaranteed loans

The European Commission has found Italy's plan to enable the transfer of certain State guaranteed loans to a newly created platform managed by AMCO S.p.A. to be free of any State aid. The Commission found that, under the scheme, the Italian State will be remunerated in line with market conditions. It also found that the sale of the loans to the platform managed by AMCO as well as any potential new loans granted by it will be carried out on...

Read more

Chapter News

Antitrust: EU Commission publishes market study on hotels’ distribution practices

The European Commission published today the results of an external market study on the distribution practices of hotels in the EU. The market study was conducted in 2021 and covers the period between 2017 and 2021. It focused on a representative sample of six Member States (Austria, Belgium, Cyprus, Poland, Spain and Sweden). The study aimed to: obtain up-to-date facts on hotels' distribution practices, following up on a similar monitoring exercise carried out by the European Competition Network (ECN) in...

Read more

Member News

Faegre Drinker | AI Regulation in the U.K. — New Government Approach

On July 18, 2022, the U.K. Government published a paper on its proposals for AI regulation “Establishing a pro-innovation approach to regulating AI” (the AI Paper). This was published alongside the Government’s AI Action Plan, the first update provided since the Government published its National AI Strategy in September 2021. The AI Paper provides for an alternative approach to AI regulation in the U.K. when compared with the recently proposed draft legislation for AI regulation in the EU (the EU...

Read more

Member News

Reimaginez | Minimizing Liability & Maximizing Growth: The Investor Value in Assessing Company Culture

$223 billion. That’s what culturally-motivated turnover cost organizations over the previous five years, according to a 2019 SHRM report. As one embarks on the pursuit of investing in a company, the due diligence process is key for all parties. Depending on the stage, you might be looking for different aspects as the key drivers, which can vary from traction, market potential, market size, team; to product- market fit, annual recurring revenue, and their plan for growth. However, one area that impacts...

Read more

Chapter News

Press release following the meeting between Clyde Caruana and Paschal Donohoe

Clyde Caruana, Minister for Finance and Employment of Malta, and Paschal Donohoe, President of the Eurogroup and Minister for Finance of Ireland, met in Valletta, Malta, on 23 August 2022. Their discussion focused on the evolving geopolitical and economic situation and its impact on Malta, Ireland, and the Euro Area as a whole. Against the backdrop of growing challenges such as rise of inflation and revisions in global growth prospects, both Ministers emphasised the benefit of close coordination of national...

Read more