17 Sep
Member News

EACCNY President, James D. Rosener, Named to New York Super Lawyers for 2018

Pepper Hamilton announced that seven lawyers have been named by New York-Metro Super Lawyers magazine as top attorneys in the state for 2018. Each year, no more than 5 percent of the lawyers in New York are named to Super Lawyers and no more than 2.5 percent are named to the Rising Stars list. The following lawyers have been named to the New York-Metro Super Lawyers list: H. Peter Haveles, Jr. James D. Rosener Ira M. Schulman Howard J. Shire Jim Rosener is Member of the EACCNY Board of Directors and President...

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17 Sep
Brexit News, Member News

Cross Border Trade: Contingency Planning for a No Deal Brexit

By Paul Hardy, John Forrest, Chloe Barker. The UK government has published a collection of technical guidance notices to assist companies trading in or with the EU to prepare for a "no deal" Brexit scenario, whereby the UK leaves the EU on 29 March 2019 without an agreement in place to govern the future UK/EU relationship. Whilst the government states that a no deal scenario is "unlikely", it underlines the importance for businesses operating in the UK to consider the implications...

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14 Sep
Chapter News

State of the Union 2018: The Hour of European Sovereignty

President Juncker stresses the need for Europe to become more sovereign so as to be able to play a role in shaping global affairs European Commission President Jean-Claude Juncker on September 12 delivered his 2018 State of the Union Address, before the Members of the European Parliament in Strasbourg, presenting his priorities for the year ahead and outlining his vision for how the European Union can continue to build a 'More United, Stronger and More Democratic Union', which was the...

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14 Sep
Member News

The weekly Vulcan View for the 10th to the 14th of September featuring analysis of the latest EU developments

VULCAN VIEW- KEY EVENTS THIS WEEK: BREXIT Glimmer of hope for possible Brexit solution The embattled British Prime Minister Theresa May was thrown a possible lifeline on Wednesday when the President of the European Commission Jean Claude Juncker broadly welcomed her Chequers’ proposals as a ‘starting point’ to establish a UK-EU ‘free trade area. Despite many aspects of the future relationship still yet unresolved, the Prime Minister’s aides are now eyeing up a possible Brussels summit in mid-November for the signing of a...

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13 Sep
Chapter News

Monetary Policy Decisions Announced out of the ECB

13 September 2018 At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure...

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13 Sep
Member News

100 days of GDPR

By Steve Wilson | Partner & Emma Ladley | Senior Associate   Welcome back from summer and Shanah Tovah to those who celebrated earlier this week.  Summer is often quieter on the new regulation front (although the soap opera of issues relating to Brexit continues to develop – see the latest here). Of course, regular readers will not be surprised that GDPR has not gone away – to quote our UK privacy colleague, Mark Taylor: "GDPR is for Life and not just for May 25th"! However, we are now...

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12 Sep
Member News

Erika Mandarino, an Agent for International  Illustration Artists, Presents her Latest Work: 50 Portraits at Politico Magazine

Erika Mandarino, an agent for international  Illustration artists and member of the EACCNY is proud to present the latest work:   "My amazing artist Cristiano Siqueira / Sao Paulo ( Brazil ) created all 50 portraits in 3 weeks for their current issue Politico Magazine / Washington. The magazine  did a great job writing a biography of each person shown, available HERE.     We are available for corporate portrait to anyone, feel free to contact me HERE- it will be a pleasure to...

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12 Sep
Member News

Treatment of Commercial Debt by the German Courts

UNDERSTANDING THE GERMAN COURT SYSTEM AND HOW TO AVOID IT WHENEVER POSSIBLE!! The construction of the German court system is simple. ​ ​There is the Regional court (Amtsgericht) and the Higher Regional Court (Landgericht), depending on the value of the claim. In addition, there is a Court of Appeal and for very rare case the Supreme Court (Bundesgerichtshof). When we are talking about debt collection, it is practically impossible to end up in the Supreme Court, because this court is...

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11 Sep
Chapter News

EIB issues first Sustainability Awareness Bond

EUR 500 m bonds demonstrates commitment to UN Sustainable Development Goals New bonds expand benefits of impact reporting and transparency beyond climate High-impact water projects to benefit from first sustainable bonds The European Investment Bank today issued its first Sustainability Awareness Bond. The EUR 500 million transaction represents the first EIB funding intended to directly support sustainable finance and builds on the EIB’s pioneering role unlocking investment through green bonds. “The launch of the EIB’s new Sustainability Awareness Bonds today...

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11 Sep
Member News

Financial reporting differences in Europe

By Emine Constantin | EMEA Head of Accounting and Tax In most European countries, public entities are subject to IFRS and must prepare their accounts accordingly. While local GAAP is aligned to IFRS, it is here and in taxation that key differences emerge. The European Union’s alignment to the International Financial Reporting Standard (IFRS) for accounting purposes makes financial reporting in Europe quite streamlined for companies. Private entities need to follow the local GAAP (Generally Accepted Accounting Principles), but in most European countries it...

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