Member News

The Green New Deal: What It Does and (Mostly) Doesn’t Do

By Michael Obeiter | Taite R McDonald | Beth A Viola | Amy L Edwards | Holland & Knight HIGHLIGHTS: Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) on Feb 7, 2019, released companion resolutions that provide a framework for prospective legislation on a Green New Deal (GND), an ambitious climate policy. The GND proposals are instructive and can serve as a blueprint for a potential climate and energy package for the next Democratic president to propose to Congress, or...

Read more

Member News

Kempen Corporate Finance & Equity Capital Markets – looking back and ahead

Kempen in 2018:  €37 billion of transactions executed As a result of our versatile service offering, Kempen Corporate Finance achieved a record year in revenues having successfully advised on 38 M&A, ECM and Debt Advisory transactions with a volume of €37 billion. Against the backdrop of the capital markets the center of gravity has shifted to M&A, including public take-overs. More than half of these transactions were international cross-border transactions. Despite the increased public market volatility we have been able...

Read more

Chapter News

EACC Insights: Country Spotlight- Slovakia

Brief Description of Country: Slovakia is a country located in the Central and Eastern European region (CEE) with a population of 5.4 million inhabitants and surrounded by five neighboring countries (Austria, Czech Republic, Hungary, Poland, Ukraine). The official language is the Slovak language, which belongs to the East Slavic Language Family. Slovakia is a member state of more than 60 of the most important international organizations such as the European Union (EU), NATO, the United Nations (UN), the Organization for...

Read more

Member News

The Ripple Effect: California Enhances US Privacy Protections After the Splash Made by the GDPR and Makes Further Waves by Passing Cybersecurity Legislation for IoT Devices

By Michael Bahar, Frank Nolan and Ali Jessani Europe’s General Data Protection Regulation (GDPR) fell like a meteor, sending waves of enhanced privacy legislation to distant shores. The tidal wave first came ashore in the US when, in June 2018, the California Consumer Privacy Act (CCPA) was passed. The CCPA’s sweeping privacy protections borrow heavily from GDPR principles and, like its European counterpart, have an ambitious extraterritorial reach which will cause companies around the world to undertake significant compliance efforts.  Three...

Read more

Member News

10-Step Guide To New Mandatory Breach Reporting Regulations

Cybersecurity threats defy national borders. Businesses offer goods and services to individuals worldwide, and the cyber attacks against those organizations is not limited geographically.  The recent introduction of mandatory breach reporting in Canada should be of interest to organizations worldwide.  For example, a breach involving a U.S. based organization might give rise to reporting and notification obligations in Canada, as well as litigation (including class actions) in Canada. Beyond the potential regulatory fines (which are admittedly minor in comparison to...

Read more

Member News

AI as a Tool

By Len Adams | ACG Resources There has been much hype recently about artificial intelligence and its application to the future of work. Artificial Intelligence (AI) is being touted as the wave of the future. While I do agree that AI has a place in the no too distant workplace, I do not believe that it will be a threat. Yes, some functions may change or be eliminated,  similar to the advent of the computer many years ago. What will happen...

Read more

Member News

AI in Canada: How the Government of Canada invests in artificial intelligence and start-up innovation

By the Government of Canada In the face of global economic challenges, the Government of Canada is continuing to make investments in projects to help innovative companies grow, including start-ups, to create well-paying middle-class jobs and to ensure Canada punches above its weight in a competitive global market. Recently, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced an investment of $25 million in the Creative Destruction Lab (CDL), a non-profit organization based at the University of Toronto that merges science-based projects...

Read more

Chapter News

Machine Learning and Workers: Is it a zero sum?

By the EACCNY - EACC Insights Editorial Note Machine learning advancements will reorient our labor economy in increasingly significant ways over the next several decades, and companies and governments must prepare its citizens for the many challenges as well as opportunities these advancements will create. Governments, private companies, and institutions at the local, regional, and state wide levels must engage with one another if the EU and US plan to prepare their workforces for these coming shifts. As an economic...

Read more

Brexit News, Chapter News, News, Uncategorized

No Deal and the Union…. Do Brexit Supporters Know Where They are Going?

By John Bruton, February 10,2019  We seem to be sliding inexorably toward a “No Deal” Brexit. Mrs May’s decision to prioritize a deal with the Brexiteers in her own party, over a possible deal with the Opposition, and the time limits imposed on all of us by Article 50, make a No Deal much more likely than it was a week ago. The EU is a rule based organisation, and it cannot afford to break its own rules if it wants to maintain...

Read more

Uncategorized

Exit Interview: EU’s Envoy to Washington on Navigating Challenges in the Transatlantic Relationship

By Ashish Kumar Sen and David A. Wemer, of the Atlantic Council David O’Sullivan, the European Union’s ambassador to the United States, wraps up his time in Washington at the end of February. The last two years of his tenure have been challenging ones for the transatlantic relationship. That challenge mainly comes from US President Donald J. Trump who once described the EU as a “foe.” In an interview with the New Atlanticist, O’Sullivan discusses the challenges in the relationship as...

Read more