10 Mar
Member News

Troutman Pepper | ESG Proposals Make Early Waves in the 2022 Proxy Season

Environmental, social, and governance (ESG) issues received unprecedented attention from investors during the 2021 proxy season, and early indications show that the momentum will continue to build this year. On March 4, two ESG shareholder proposals were approved at the Apple Inc. (Apple) annual meeting. Civil Rights Audits The first proposal, which was approved by approximately 53.6% of shareholders, asks the board of directors to conduct a third-party civil rights audit for public disclosure on Apple’s website. Specifically, the proposal requests that...

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10 Mar
Chapter News

U.S. FED | Remarks by Governor Waller on fighting inflation with rate hikes and balance sheet reduction

Fighting Inflation with Rate Hikes and Balance Sheet Reduction | Governor Christopher J. Waller | At the Economic Forecast Project, University of California, Santa Barbara, Santa Barbara, California | Thank you Peter, and thank you to the UCSB Economic Forecast Project for the invitation to speak today. My plan is to start with my outlook for the U.S. economy in 2022, and then describe what I consider the appropriate path of monetary policy to keep the economy on a healthy...

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10 Mar
New York Related News

Mayor Adams to “Rebuild, Renew, Reinvent,” Unveils Blueprint for NYC’s Economic Recovery

Plan Will Help Deliver Accelerated Recovery, Built on Equity and Inclusivity Five Pillars, With More Than 70 Concrete Initiatives, Will Create Opportunities and Connect New Yorkers Seeking Work, Help Speed Return to Pre-Pandemic Employment Levels Major New Capital Investments in Hunts Point Produce Market and Surrounding Community to Support Modernization of Critical Food Supply Facilities and Help Neighborhood Thrive Blueprint Outlines “New New York” Blue-Ribbon Panel to Re-envision Central Business Districts, Lays Foundation for City’s Economic Future, With Investments in Small Businesses...

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10 Mar
Chapter News

Ukraine: EU steps up solidarity with those fleeing war

The Commission outlines today the very substantial support the EU is making available to help people fleeing war in Ukraine, as well as the EU countries receiving them. In the face of Russia's unprovoked and unjustified military invasion of Ukraine, European solidarity in action is helping people through direct humanitarian aid, emergency civil protection assistance, support at the border, as well as a clear legal status allowing those fleeing the war to receive immediate protection in the EU. The assistance...

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09 Mar
Chapter News

Statement by Secretary of the Treasury Janet L. Yellen on President Biden’s Executive Order on Digital Assets

WASHINGTON - Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement on President Biden's executive order on digital assets. "President Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy. This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses. It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy. Under...

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09 Mar
Member News

Orrick | Year-End Roundup for Health Data Privacy: What Life Sciences and Healthcare Companies Need to Know for 2022

We expect many of the trends of 2021 in health data privacy to continue to pick up steam this year. See below for six noteworthy trends that life sciences and healthcare companies should continue to keep an eye on in 2022: Interoperability of Health Records to Facilitate the Electronic Exchange of Health Information Patient Access Rights to their Medical Records Litigation and Enforcement Focus on Individual Consent to Data Sharing Health Data Breach Notification and Security Growing Patchwork of...

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09 Mar
Member News

Wilson Sonsini | FYI on NFTs: Consumer Protection and Privacy Considerations

Thinking of creating a non-fungible token (NFT) marketplace? You're not alone. Global NFT transactions have risen from $40.96 million in 2018 to around $25 billion in 2021. Organizations from the NBA to Taco Bell have begun implementing NFT strategies. As blockchain-native artifacts, NFTs' immutability, digital scarcity, and transferability have catalyzed growing interest among consumers and businesses alike, inspiring companies of all sizes to explore potential use-cases ranging from standalone art pieces, to NFTs tied to physical products, to NFTs...

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08 Mar
Member News

Vistra | Beating the Great Resignation: Top trends to recruit and retain the best talent

In November 2021 alone, 4.5 million people in the US either quit or changed jobs, continuing a trend of pandemic-related shifts in the labour market. Welcome to the Great Resignation. The November figures are the highest ever recorded since the US Labor Department began tracking these numbers more than 20 years ago. So, why are so many people quitting? Economists and labour experts point to several reasons, including a tighter labour market, low-paid workers looking for better opportunities, employees looking for...

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08 Mar
Member News

Littler | The Ukraine Conflict & Related Sanctions: What Is the Impact on Global Workforces?

The Russian military’s recent invasion of Ukraine, and the related sanctions against Russia have many companies asking:  how does this chaos impact our workforces in those countries?  This broad question is answered below, with the caveat that these answers are subject to change, given the very fluid nature of the situation. Background As fighting between Russian and Ukrainian forces continues, the United States, United Kingdom, European Union, and a host of other jurisdictions have imposed sanctions against certain Russian corporate entities...

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08 Mar
Member News

Loyens & Loeff | EU Data Protection Authorities say no to Google Analytics: what’s next?

Starting in January 2022, several EU Data Protection Authorities, as well as the European Data Protection Supervisor (EDPS), have decided or at least indicated that the use of Google Analytics would not be compatible with GDPR, in particular its provisions on personal data transfers from the European Economic Area (EEA) to the US, as interpreted following the Schrems II decision of the EU Court of Justice (CJEU). Today, Google Analytics is still the most widespread website analytics and advertising tool...

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