11 Dec
Chapter News

ECB Adopts Opinion on Appointment of New Executive Board Member

The Governing Council of the European Central Bank (ECB) today adopted an opinion on a recommendation from the Council of the European Union on the appointment of a member of the ECB’s Executive Board. The Governing Council had no objection to the proposed candidate, Isabel Schnabel, who is a person of recognised standing and professional experience in monetary or banking matters, as required by Article 283(2) of the Treaty on the Functioning of the European Union. Ms Schnabel currently serves...

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11 Dec
Member News

Second Circuit Holds Judicial Approval Not Required When Settling FLSA Claim Pursuant to Rule 68(a) Offer of Judgment

On Dec. 6, 2019, the Second Circuit issued a decision in Yu v. Hasaki Restaurant, Inc. that will likely impact settlement of wage and hour actions under the Fair Labor Standards Act (FLSA). In a split decision, the court reversed a district court ruling and held that judicial approval is not required when settling an FLSA claim pursuant to a Federal Rule of Civil Procedure 68(a) offer of judgment. In this case, the plaintiff filed a complaint alleging FLSA overtime violations. After...

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11 Dec
Chapter News

The European Green Deal Sets out How to Make Europe the First Climate-Neutral Continent by 2050

The European Commission today presented The European Green Deal – a roadmap for making the EU's economy sustainable by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. President Ursula von der Leyen said: ‘The European Green Deal is our new growth strategy – for a growth that gives back more than it takes away. It shows how to transform our way of living and working, of producing and consuming so that we live healthier and...

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10 Dec
Member News

Europe: High Financial Penalties for Infringements of Formal Obligations Incompatible with Freedom of Services

On September 12, 2019, the European Court of Justice ruled that very high financial penalties for infringements of formal obligations in the context of a secondment are incompatible with the freedom to provide services. An Austrian contractor had contracted with a Croatian subcontractor to provide a service on Austrian territory. During an audit, the Austrian Tax Investigation Service established that for most of the employees, no payroll documents or work permits could be submitted. Both the manager of the Austrian...

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09 Dec
Chapter News

European Green Deal to Be Presented in Plenary by Commission President

MEPs will debate the “European Green Deal” to make the EU the first climate-neutral continent, on Wednesday 14:00, in an extraordinary plenary sitting in Brussels. Following the Commission’s expected announcement of the “European Green Deal” on Wednesday 11 December, the European Parliament will have a first debate on it with Commission President Ursula von der Leyen and Executive Vice-President for the European Green Deal, Frans Timmermans who will close the debate. The European Green Deal will focus on the fight against...

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09 Dec
Chapter News

An Unprecedented Trip of European Ambassadors Outside Washington, DC

For the first time ever, nearly all European Ambassadors to the United States went on a joint trip outside of the Beltway to showcase EU unity and celebrate the close political, economic, and cultural ties between the European Union and the State of Maryland Are you sure this is going to work? Can we manage so many events simultaneously? Will we be able to remain on schedule with multiple parallel programs across the State of Maryland? When the ambassador of the...

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09 Dec
Member News

Greenberg Traurig’s Kristen Walker Ng Honored as 2019 National Law Review ‘Go-To Thought Leader’ on Immigration

Based on an analysis of more than 100,000 legal news articles, legal publisher The National Law Review (NLR) recognized Kristen Walker Ng, an associate in Greenberg Traurig LLP’s Immigration & Compliance Practice, as a 2019 “Go-To Thought Leader” in Immigration.  According to NLR, the Go-To Thought Leadership Awards recognize exceptional authors in 35 legal practice areas for their contributions in providing practical guidance and highlighting timely and important legal news and developments. The awards also take into account whether articles are “reader favorites” and “quoted or...

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09 Dec
Chapter News

Accessibility: Making Products and Services in the EU easier to Use

The European Accessibility Act aims to ensure more products and services are accessible for elderly people and people living with a disability.  On 13 March Parliament approved the European Accessibility Act (EAA). The new rules are a step towards a fairer and more inclusive Europe and will improve the daily lives of the elderly and people with disabilities across the EU. The final text will still need to be approved by the Council before it can enter into force. Once the legislation has been published...

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06 Dec
Member News

No HSR Filing Means No Antitrust Issues? Think Again!

My transaction does not require an HSR filing. That means we don’t have to worry about potential antitrust issues, right? WRONG. The HSR Act requires that parties to certain transactions submit a premerger notification filing to the Department of Justice Antitrust Division (DOJ) and Federal Trade Commission (FTC), and then observe a waiting period before closing. Any transaction valued in excess of the HSR threshold – currently $90 million – may require an HSR filing and expiration of the HSR...

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06 Dec
Member News

Vulcan Insight Analysis of the Latest EU Developments 02 – 06 December 2019

Tories on course to defeat Labour  With less than a week to go to polling day, the UK’s political parties tried to avoid any last minute missteps this week. Voters are stuck between a rock and a hard place as Prime Minister Johnson is leading the most unpopular new government on record, and Jeremy Corbyn the most unpopular leader of the opposition. While Labour continue to gain ground, the Conservatives are still holding a comfortable lead, with electoral predictions putting...

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