Chapter News

Christine Lagarde, Luis de Guindos: Introductory Statement to the Press Conference

Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 23 January 2020 Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council. Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged. We expect them to remain at their present or lower levels until we have seen the inflation...

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Chapter News

Shaping the Conference on the Future of Europe

Today, the European Commission set out its ideas for shaping the Conference on the Future of Europe, which should be launched on Europe Day, 9 May 2020 and run for two years. The Communication adopted is the Commission's contribution to the already lively debate around the Conference on the Future of Europe – a project announced by President Ursula von der Leyen in her Political Guidelines, to give Europeans a greater say on what the European Union does and how it works for them....

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Chapter News

European Commission President Ursula von der Leyen and U.S. President Donald J. Trump Meet in Davos

Today in Davos, the President of the European Commission, Ursula von der Leyen, met with U.S. President Donald Trump. This friendly exchange of views between allies at the World Economic Forum was a first opportunity to meet in person and to compare notes and positions on a number of topical issues, notably on trade, technology and energy. This was a first get-to-know-each-other meeting. Both sides agreed to meet soon in Washington to move the common transatlantic agenda forward. Ursula von...

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Member News

Food and Ag Industry: Know Your Visa Options and Immigration Strategies

The food and agriculture industry includes farms, restaurants and food manufacturing, processing and storage facilities. Companies within the food and ag industry seek to employ talented professionals, such as scientists, veterinarians and engineers, to bring food to the table in a changing world. With a focus on talent, food and ag companies must understand the employment-based immigration factors that affect their U.S. workforces, as talented job candidates come from all over the world. Especially in periods of low unemployment,...

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Member News

Holland & Knight Announces Phillip Durham as leader of Asset Finance Group

Holland & Knight is pleased to announce that Phillip Durham has been named practice group leader of the firm's Asset Finance Group. "Phil is a natural fit as leader of our Asset Finance Group," said James McDermott, leader of Holland & Knight's Business Section. "His reputation in the industry is unsurpassed, and he brings a wealth of experience and demonstrated leadership to guide our team in the ever-changing global financial market." Mr. Durham focuses his practice on domestic and cross-border asset...

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Member News

New CFIUS Rules – Eight Key Points

The Committee on Foreign Investment in the United States ("CFIUS") issued final regulations on January 13, 2020 to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 ("FIRRMA") (the "Regulations"). The Regulations will become effective on February 13, 2020. CFIUS's existing regulations will continue to apply to transactions that close, or for which a definitive written agreement is signed, before February 13. CFIUS issued proposed rules to implement FIRRMA (the "Proposed Rules") in September 2019 (see our September 2019 alert),...

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Chapter News

Main Results of the Economic and Financial Affairs Council, 21 January 2020

Digital taxation Finance ministers had an exchange of views on tax challenges arising from digitalisation. They took stock of the progress achieved in the context of the OECD, both on the reallocation of profits of digitalized businesses ("Pillar 1") and on the general reform of international corporate taxation ("Pillar 2). The OECD has been working intensively in the past months with a view to agreeing on the architecture of a global solution at its meeting on 29-30 January 2020. The debate confirmed...

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Member News

Vulcan Insight: Analysis of the Latest EU Developments

General Election in Ireland kicks off Taoiseach Leo Varadkar ended weeks of speculation on Tuesday as went to the President to ask him to dissolve parliament, paving the way for a general election on Saturday, February 8. His Fine Gael-led minority government served in power for four years, with support from the main opposition party Fianna Fáil, through a ‘Confidence and Supply’ agreement. With the immediate risk of a ‘no deal Brexit’ averted through the passing of the Withdrawal Agreement,...

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Member News

What Technology Businesses and Investors Should Know About the New CFIUS Rules

On January 13, 2020, the U.S. Department of the Treasury issued final rules fully implementing the new powers granted to the Committee on Foreign Investment in the United States (CFIUS or the Committee). Congress provided these new powers via the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), which significantly enhances the Committee's ability to conduct national security reviews of inbound investments. For the last 15 months, CFIUS has operated a temporary "pilot program," which implemented only a few...

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Chapter News

“Refreshing Transatlantic Trade Relations”: Keynote Address by Commissioner Phil Hogan at CSIS

Ladies and gentlemen, thank you for your warm welcome and happy new year! I am very pleased to be here with you this morning. This is the first of what I expect will be many visits to Washington as European Trade Commissioner. Of course as an Irishman I feel very much at home in America so this is certainly one of the perks of the job. I had a very busy day yesterday and Tuesday, meeting members of the Administration, senators...

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