Chapter News

IMF | A Greener Future Begins with a Shift to Coal Alternatives

As the world economy emerges from the COVID-19 crisis, the consumption of coal is expected to recover from its sharp decline during the pandemic. Demand for coal remains strong and helps to fuel economic development in emerging markets. Yet many countries, seeking a more sustainable future, have been taking steps to reduce their dependence on fossil fuels, especially coal. Obstacles to their efforts have proven difficult to overcome, not least because people who work in the coal industry depend on...

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Member News

Offit Kurman | Foreign Investors Looking to Invest in a U.S. Partnership Engaged in a U.S. Business – Complexities and Delays Abound

Many foreign businesses and individuals planning on setting up or investing in a U.S. partnership or multimember LLC (“U.S. partnership”) that will be engaged in an active business in the U.S., have the following questions: What are U.S. tax consequences as a foreign investor into a U.S. partnership with an active business? As a foreign investor do I need a taxpayer identification number from the internal revenue service (“IRS”)? What should I do as a foreign investor and what...

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Brexit News, Member News

British-European Relations Post-Brexit | A Legal Kaleidoscope: Competition Law & Regulation

Part of a virtual workshop held on 21 September 2020; and previously published in the Institute of European & Comparative Law at Oxford University | Introduction As a result of Brexit, the UK has ceased to be a member of the European Union (EU) competition law regime. The consequences are already being felt, and will become even stronger after the end of this year. The EU-wide competition law regime is unique. The regime includes a one-stop shop for reviewing mergers (a regime...

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Brexit News, Member News

Vulcan Insight | Final Brexit negotiations set to go into the weekend

Expectations that a Brexit deal would be done by the end of the working week have been dashed after it was reported that the French and British clashed on key elements of the agreement, pushing negotiations into the weekend. The latest optimism for a deal to be struck by today likely originated with Irish Foreign Minister Simon Coveney commenting on Thursday that “there is a good chance that we can get a deal across the line in the next few days”. While...

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Member News, Trade & TTIP Related

Jaguar Freight | Global Freight Updates

Worried about recent cyber-attacks? Can’t find containers? Concerned over the Panama Canal’s congestion? Frustrated with rate increases and carrier service? Want to learn more about canceled flights to LA? Dreading the post-Brexit logistics nightmare? Don’t worry. We’ve got the inside info to help you better understand the most pressing issues the shipping industry is facing right now, and there’s no shortage of them! To start off, here are some ocean container stats we believe are pretty telling for the Port of Long...

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Member News

Arendt has been crowned European Law Firm of the Year

We are pleased to inform you that Arendt has just won two major awards at the The Lawyer European Awards 2020: European Law Firm of the Year Law Firm of the Year: Benelux This annual awards ceremony showcases the impressive achievements of Europe’s finest in the legal industry (excluding the UK). This year marks the first time in its history that the title of European Law Firm of the Year has been awarded to a Luxembourg law firm. This is...

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Member News

aicep | Adira launches world’s largest metal 3D printer

The Portuguese company, Adira Metal Forming Solutions, took the next step in metal 3D printing: AddCreator AC210, the world’s largest metal 3D printer. The new product has just come out to the market, standing out for its use of Powder Bed Fusion laser technology along with its large-scale printing capacity (1 m x 1 m x 0.5 m). With a wide range of industrial uses, the AC210 offers solutions tailored to the aeronautics and space industry, the various energy sectors, prototyping, automotive industry, and more. It enables creating unique...

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Chapter News

IMF | Cyber Risk is the New Threat to Financial Stability

Many of us take for granted the ability to withdraw money from our bank account, wire it to family in another country, and pay bills online.Amid the global pandemic, we’ve seen how much digital connection matters to our everyday life. But what if a cyberattack takes the bank down and a remittance doesn’t go through? As we become more reliant on digital banking and payments, the number of cyberattacks has tripled over the last decade, and financial services is the...

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Chapter News, COVID-19 News

EU Council greenlights temporary VAT relief on COVID-19 vaccines and test kits

The EU is taking steps to ensure affordable access to COVID-19 vaccines and testing kits. The Council today adopted amendments to the directive on the common system of value added tax (VAT) to allow member states to temporarily exempt COVID-19 vaccines and testing kits, as well as closely related services, from VAT. Member states may also apply a reduced VAT rate to testing kits and closely related services, if they choose to do so. This possibility is already available for vaccines. The...

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Chapter News

EU Council conclusions on European Union – United States relations

The Council reaffirms the strategic importance of the European Union’s partnership with the United States of America as the world’s foremost and closest relationship, rooted in shared values and common interests, cultural and historic ties, as well as geopolitical reality. A strong transatlantic partnership is vital to ensure and to contribute to our common security, stability and prosperity. We also believe that transatlantic relations are the bedrock of the rules-based international order, reinforcing international peace and security, freedom,...

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