Member News

Mandatory Reporting for U.S. Entities in 2018 Regarding Foreign Direct Investment

By Wilson Sonsini Goodrich & Rosati In early 2018, the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) will issue its mandatory five-year benchmark survey to obtain data on foreign direct investment (FDI) in the United States. The survey, known as the BE-12 survey, is required for U.S. entities in which a foreign entity or person holds, directly or indirectly, 10 percent of more of the U.S. entity's voting interests at any time during 2017. The completed surveys are due...

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Member News

Leasing Opportunity at United Nations Federal Credit Union’s Global Headquarters

By For the first time in 10 years, JRT Realty Group is delighted to present a leasing opportunity at United Nations Federal Credit Union’s Global Headquarters in Long Island City (Court Square Place / 24-01 44th Road). As leasing agents, we are offering a block of four floors (80,000 SF) at Court Square Place. These floors are available for possession in May 2018; and they can be leased as a block or individually. Court Square Place is a trophy office tower; and...

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Chapter News

Investment Plan for Europe: EIB supports Ramirent’s European growth strategy

The European Investment Bank (EIB) and Ramirent, a leading Finnish rental group for construction machinery and equipment, have signed a EUR 50mn loan agreement to further modernise and expand Ramirent’s fleet. The agreement was made possible by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe, which was launched by the EIB Group and the European Commission to boost the competitiveness of the European economy. The EIB loan underpins Ramirent’s European growth strategy and commitment...

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Brexit News, Member News

December FX Outlook – The Fed, Brexit, and US Fiscal Policy

By Bannockburn Global Forex Having strengthened in October, the USD fell back towards the bottom of recent ranges against most major currencies in November. Renewed USD weakness was not severe, and had several different drivers. Initial losses were correlated with some weakening in equity markets, but losses later in the month occurred despite stronger equity performance, and was related more to uncertainty about future Fed tightening following the release of the FOMC minutes for September on the 22nd, which revealed...

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Member News

New Italian Flexible Work Law Enacted

By AEM Carnelutti «Balancing, innovating and competing. These are the three seemingly conflicting objectives of flexible working, a new approach to corporate organization where individual employees’ needs fit in with the needs of the company in a complementary manner». The above quotation was taken from the first paragraph of the Italian Labor Ministry’s website (www.cliclavoro.gov.it) on the Flexible Work Law governed by Law no. 81 dated 22 May 2017 (“FL”), “measures aimed to support flexible organization of work time and...

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Chapter News

President Juncker at the African Union – European Union Summit

EU and African leaders committed to investing in youth for a sustainable future; Joint EU-AU-UN Task Force to improve the situation on the ground in Libya The 5th African Union - European Union Summit took place on 29-30 November in Abidjan, under the overarching theme of Youth. The Summit brought together leaders from 55 African Union and 28 European Union Member States.  The EU was represented by the President of the European Commission Jean-Claude Juncker and the President of the Council...

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Member News

Online Shopping Tips to Stay Safe This Holiday

By Carrie Mast | Director of Operations | Loki Labs Inc. It’s Cyber Monday! In preparation for another holiday season, here are some tips to stay safe while you shop online this year: If you are shopping on your phone or computer and using an unknown Wi-Fi connection, save the purchases for later. Don’t enter any personal information such as name, address, or credit card number until you are on a secure and known connection. Before you do anything on a website,...

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Member News

Court of Justice rules on the application of competition law to agricultural producer organisations

By Marieke Bredenoord-Spoek | Senior Associate Amsterdam | +31 20 546 03 43 | Stibbe On 14 November 2017, the European Court of Justice rendered its judgment on a request for a preliminary ruling from the French Supreme Court. The Court clarified the conditions under which competition rules must be applied to agricultural producer organisations (POs). POs are established to pursue the objectives of the common agricultural policy and may – if certain criteria are met – be exempted from...

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Member News

Outbound investments: foreign subsidiary or branch?

By Loyens & Loeff When making cross-border investment decisions, Dutch resident entrepreneurs often face the question whether a foreign investment should be set up in the form of a foreign subsidiary (participation) or in the form of a branch (permanent establishment). Not only Dutch tax considerations play a part in this choice. Also in the country in which the investment takes place, the consequences of investing via a participation or via a permanent establishment may differ. In this issue of Quoted,...

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