Member News

DSM announces agreement to increase its shareholding in Andre Pectin from 29% to 75%

Royal DSM, a global science-based company in Nutrion, Health and Sustainable Living informs its stakeholders that it agreed to increase its shareholding in Yantai Andre Pectin Co. Ltd. (Andre Pectin) to 75%. Andre Pectin is a leading specialty food ingredient producer. DSM acquired a 29% stake in Andre Pectin in 2013. After settling a shareholders dispute, DSM has now agreed with the other shareholders to purchase an additional 46% stake in Andre Pectin for a consideration of about €150 million. This...

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Brexit News, Chapter News, News, Uncategorized

Brexit pushes UK business confidence to its lowest level in nearly a decade

By Hadas Gold, CNN Business February 4, 2019 London (CNN Business)- Companies in the United Kingdom are spending less and scaling back plans because of Brexit fears that have pushed business confidence to its lowest level in a decade. The dire outlook was revealed Monday in surveys published by Deloitte and the Institute of Chartered Accountants in England and Wales. Deloitte found that chief financial officers have adopted their "most defensive strategy stance in nine years." Revenue growth expectations have dropped to their lowest level...

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Member News

Bannockburn Global Forex February Update: Is the Dollar Range Bound or is it Trending?

The new month is beginning with the US dollar at the lower end of its recent ranges against several of the major currencies, and at a couple month lows against the dollar-bloc currencies.  The key question is whether the dollar is truly breaking lower, perhaps encouraged by the Federal Reserve's pivot to a neutral stance.   On balance, we expect the dollar to remain range-bound until later in the crosscurrents of trade, the federal government's fiscal issues of both spending...

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Member News

Draft bill Collective Damages Claims approved by the House of Representatives

By Albert Knigge & Huib Lebbing | Houthoff Today, the Dutch House of Representatives approved the draft bill on Redress of Mass Damages in a Collective Action. With this bill, the options for starting collective actions will be broadened. The bill will allow claim vehicles to seek damages in a collective action. Currently, Dutch collective actions can only be used as a stepping stone towards obtaining financial compensation. Damages cannot be claimed. The draft bill also introduces a number of safeguards to...

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Brexit News, Chapter News, News

EU markets watchdog approves Brexit agreement with Britain

LONDON (Reuters) - The European Union’s markets watchdog said it has approved an agreement on supervisory cooperation with Britain after Brexit to avoid disruption to cross-border financial services like asset management. “The board agreed in substance the Memorandum of Understanding and will provide more detail shortly,” a spokesman for the European Securities and Markets Authority (ESMA) said on Thursday. The MoU was negotiated with Britain’s Financial Conduct Authority (FCA) to ensure that regulators in the bloc and London agree to exchange...

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Member News

Pepper Hamilton Closes More Than 90 Deals In 2018

FIRM REPRESENTED BLUE CHIP CLIENTS IN MERGERS AND ACQUISITIONS, ASSET PURCHASES AND STOCK PURCHASES January 31, 2019   Pepper Hamilton LLP today announced results of the deals closed during the 2018 calendar year. The firm advised on more than 90 deals, with combined transaction values exceeding $10.5 billion, including cross-border deals in the United Kingdom, Canada and Turkey. The firm closed out the year strong, with Q4 bringing the highest number of overall deals as well as the highest total dollar value...

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Member News

The Weekly Vulcan View For The 28th Of January To The 1st Of February Featuring Analysis Of The Latest EU Developments

VULCAN VIEW - KEY EVENTS THIS WEEK: May trying to renegotiate Backstop with Brussels On Tuesday the House of Commons narrowly voted in favour of an amendment tabled by Conservative MP Sir Graham Brady to provide “alternative arrangements” for the Irish backstop. Prime Minister May hailed this outcome as ‘a route that can secure a substantial and sustainable majority in this house for leaving the EU, with a deal.’  MP Yvette Cooper’s amendment to extend Article 50 if no agreement was reached,...

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Member News

#FINUS100 Campaign – 100 Years of Finland – U.S. Diplomatic Relations

A rousing new social media campaign highlighting the centennial of Finland - U.S. diplomatic relations is underway! Every weekday the Embassy of Finland in DC and the U.S. Embassy Finland post photos online that commemorate the 100 year journey of upholding US and Finnish relations. The Finland - U.S. centennial social media campaign explores shared moments in our nations’ histories that include political encounters as well as important cultural exchanges. Who could forget the Reagans visiting Helsinki in 1988, or how Paavo Nurmi (a.k.a....

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Member News

DSM announces new Chief Innovation Officer

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announced that Rob van Leen, Chief Innovation Officer (CIO) and member of the Executive Committee, has decided to step down from his position and focus on non-executive roles outside of DSM in the second half of 2019. Patricia Malarkey, in her most recent executive role Head of Research & Development and member of the Executive Committee at Syngenta, will join DSM as of 15 March to...

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Member News

Thompson Hine’s “Trade Secret Quarterly”; Winter 2019

Reliance on Technology May Compromise Your Ability to Protect Your Trade Secrets The use of smartphones, tablets, laptops and other personal devices in the workplace is commonplace. But allowing your employees to access trade secret information on them without implementing appropriate restrictions or protections could be fatal to a later enforcement action. A recent decision by the Eleventh Circuit Court of Appeals underscores a company’s obligation to take sufficient steps to protect its electronic data if the company later wants to...

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