Member News

FICPI | How IP Protection Builds Value & Growth for Small Businesses

Recognizing World IP Day, April 26th Most people associate the invention of the sewing machine with Isaac Singer and the Singer Corporation. In fact, an inventor named Elias Howe originally patented the design in 1846. Howe sued Singer in long running litigation which was eventually settled with both men and their companies receiving royalties from sales. Ironically, neither Howe nor Singer created the first sewing machine. That man was Walter Hunt in 1843. Hunt decided not to patent his invention because he thought...

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Member News

Vulcan Insight | EU Commission announces strategy for funding the EU Recovery Fund

A month after the US Congress approved a record $1.9 trillion COVID relief bill to stimulate the US economy, the EU is taking the next step towards making its own post-COVID-19 Recovery Fund a reality. Last week, the European Commissioner for Budget and Administration, Johannes Hahn, presented the Commission’s strategy to financing the recovery plan for Europe. The NextGenerationEU Recovery Fund will provide hundreds of billions of euros in grants and low-interest loans to EU countries. In total, the Commission plans...

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RSM | Re-sculpting the tax landscape

Since the 1950s, international trade and travel have increasingly become a familiar part of our everyday lives, and innovations in technology have meant that borders are less of a barrier than ever. While the digitalisation of global commerce was already gathering pace, the Covid-19 pandemic has undeniably accelerated the shift from conventional brick and mortar businesses to online services. This comes as more consumers are now inclined to shop online to reduce their exposure to Covid-19. Businesses that have been...

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Member News

Vulcan Insight | EU agrees first legally binding European Climate Law

Just in time for Earth Day and US President Joe Biden’s global climate change summit, the European Parliament and Member States agreed on reducing greenhouse gases by at least 55%, as compared to 1990, in the EU’s first legally binding climate law. The agreement was reached in the early hours of Wednesday morning after six in-depth negotiation rounds.  Initially proposed by European Commission President Ursula von der Leyen when setting out her 5-year political objectives to the European Parliament in late 2019,...

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Member News

MHC | Making Your Service Level Agreements Work For You: Part 2

In part 1, we looked at the importance of setting service delivery expectations, initial risk assessments, and common service level structuring approaches in digital transformation projects. In this instalment, we examine service level measurement and reporting, change management, and service credit remedies.  Measuring service performance Once the services are up and running in a technology project, the actual performance of the service against the service levels is usually measured on a weekly or monthly basis. In long term arrangements or where the...

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Chapter News

Opening remarks by President von der Leyen at the civil society consultation ahead of the Global Health Summit

Speech on 20 April 2021 in Brussels by President von der Leyen | "Check against delivery" Prime Minister Draghi, dear Mario, Ladies and Gentlemen, Thank you very much for joining us from all the different places! We are in this together! And we have to work together – because, as we all know, no one is safe until everyone is safe. We have to join forces to fight this pandemic from every angle and to recover sustainably. This is true for health authorities and all levels...

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Chapter News

IMF Managing Director’s intervention at the Leaders Summit on Climate, Session 2: Investing in Climate Solutions

As Prepared for Delivery on April 22, 2021 by Kristalina Georgieva | Mr. President, Special Envoy Kerry, Secretary Yellen, At the IMF we look at climate change as central in our work on macroeconomic and financial stability, growth and employment.  It presents huge risks to the functioning of our economies and offers incredible opportunities for transformative investments and green jobs. Let me focus on three areas where the right policies can make a significant difference in accelerating the transition to the new climate economy. First, a robust price...

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Member News

Panitch Law | The Hague System for the International Registration of Industrial Designs

The Hague System for the International Registration of Industrial designs is an effective vehicle for centralized acquisition of design patents in multiple jurisdictions and subsequent maintenance thereof. Generally, a single International Design Application (“IDA”) is filed with the International Bureau (“IB”) at the World Intellectual Property Organization (“WIPO”), designating a number of selected contracting jurisdictions, i.e., participating countries or regions, for registration.  Filing of the IDA with WIPO streamlines basic filing requirements and bibliographic data. Upon filing, the IDA is reviewed...

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Member News

WSGR | The FTC Can No Longer Go to Court for Monetary Relief Under Section 13(b)

On April 22, 2021, the United States Supreme Court unanimously decided the closely watched case AMG v. FTC. Petitioners argued that the Federal Trade Commission (FTC) had no authority to get monetary relief under Section 13(b) of the FTC Act, which by its text provides for, at most, "a permanent injunction." The decision marks the end of the FTC's broad exercise of 13(b) authority to get money back from those who violate the FTC Act—for now. Section 13(b) has been a cornerstone of...

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Chapter News

IMF | Understanding the Rise in Long-Term Rates

The rise in long-term US interest rates has become a focus of global macro-financial concerns. The nominal yield on the benchmark 10-year Treasury has increased about 70 basis points since the beginning of the year. This reflects in part an improving US economic outlook amid strong fiscal support and the accelerating recovery from the COVID-19 crisis. So an increase would be expected. But other factors like investors’ concerns about the fiscal position and uncertainty about the economic and policy outlook may...

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