21 Apr
Member News, New York Related News

CEA Legal | Commercial Leases in a Post COVID-19 New York

In the healing of New York, more and more businesses are starting to move back to offices slowly. Commercial landlords are getting creative with their incentives to get new tenants to sign long-term leases while ensuring the tenants will observe  Covid-19 safety precautions. In order for financially bleeding businesses to come back to their pre-pandemic volumes, many tenants – especially those operating in the suffering hospitality industry - are successfully negotiating monthly rents based on a percentage of their revenue...

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21 Apr
Member News

RavenPack | News Sentiment: The Latest Pathway to Track and Trade Around ESG

Take advantage of news analytics to enhance ESG investing, from monitoring the performance of companies to building alpha-generating trading strategies. The number of assets invested in sustainable funds has surged in recent years from just over $5bn in 2017 to $25bn in 2019 due to the increasing importance of responsible, ethical, and sustainable investing. Investors can make the most of the new trend in sustainable investing, known as ESG (Environmental, Social and Governance), with the help of RavenPack’s news analytics data. The...

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20 Apr
Member News

MJV | Green IT: what is it, and why is it in the spotlight?

Green IT is a global movement that aims to minimize the technological footprint in the environment. The growing popularity of adopting ESG criteria is redefining priorities in companies. The issue is monopolizing the corporate agenda and encourages greater participation by organizations in promoting actions that reduce the environmental footprint – including the active participation of technology sectors through the so-called green IT. These new values, guided by good sustainability, social, and governance practices, make it clear that sustainable development is an obstacle to...

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20 Apr
Chapter News

Testimony | The End of LIBOR: Transitioning to an Alternative Interest Rate Calculation for Mortgages, Student Loans, Business Borrowing, and Other Financial Products

Testimony by Mark Van Der Weide, General Counsel before the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Committee on Financial Services, U.S. House of Representatives, Washington, D.C. | Chairman Sherman, Ranking Member Huizenga, and members of the subcommittee, thank you for the opportunity to appear today. My testimony will discuss the importance of ensuring a smooth, transparent, and fair transition away from LIBOR (formerly known as the London interbank offered rate) to more durable replacement rates, as well as...

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20 Apr
Chapter News

Speech | The Federal Reserve’s New Framework and Outcome-Based Forward Guidance

Speech by Vice Chair Richard H. Clarida at "SOMC: The Federal Reserve’s New Policy Framework" a forum sponsored by the Manhattan Institute's Shadow Open Market Committee, New York, New York (via webcast) | On August 27, the Federal Open Market Committee (FOMC) unanimously approved a revised Statement on Longer-Run Goals and Monetary Policy Strategy, and, at its September and December FOMC meetings, the Committee made material changes to its forward guidance to bring it into line with this new policy...

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20 Apr
Chapter News

IMF | A Future with High Public Debt: Low-for-Long Is Not Low Forever

Many countries are experiencing a combination of high public debt and low interest rates. This was already the case in advanced economies even prior to the pandemic but has become even starker in its aftermath. A growing number of emerging market and developing economies are likewise enjoying a period of negative real rates—the interest rate minus inflation—on government debt. The IMF has called on countries to spend as much as they can to protect the vulnerable and limit long-lasting damage to economies, stressing the...

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20 Apr
Member News

IPTI | Update on U.S. & European Property Tax Issues: April 2021

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). UNITED STATES New York: If Property Values Are Down, Why Are Property Taxes Up? When property values go down, it’s only natural to expect your property taxes to...

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19 Apr
Share Your Story

Elizabeth van Schilfgaarde, Managing Partner at NAUTADUTILH New York Office

<< Return to all personal profiles here Where are you from and what was it like growing up there? I grew up in the Netherlands, with one leg in the US, spending many of my summers on Cape Cod. My parents were Dutch and American, so bridging the continents has been part of my life from day one. What is your Hometown famous for and what do you think about it? The Netherlands is famous for being tolerant. The Dutch are...

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19 Apr
Member News

Via | RAISE is the new BUILD

The US Department of Transportation has announced a $1 billion funding opportunity with a new focus on sustainability and equity. Previously known as Transportation Investment Generating Economic Recovery (TIGER) grants, the Better Utilizing Investments to Leverage Development (BUILD) program began back in 2009 and supported innovative projects — including multimodal and multijurisdictional ones, which are difficult to fund through traditional federal programs. Successful BUILD projects are ones that leverage resources, encourage partnership, catalyze investment and growth, and fill a critical void in...

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19 Apr
Member News

Littler | DOL Issues Guidance on the American Rescue Plan Act COBRA Subsidy

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA) that contains a new, temporary COBRA subsidy. From April 1, 2021 through September 31, 2021, the ARPA requires employers to cover 100% of an employee’s cost of continuing group health coverage under COBRA if the employee was eligible for COBRA continuation coverage during the indicated period regardless of whether the employee may not have previously elected coverage or discontinued coverage.  Employers that provide such paid coverage may...

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