Member News

Six Trends Will Shape Future International Commercial Disputes

By Cedric C. Chao The world of international litigation and arbitration tends to move slowly. However, I expect the pace of change to accelerate in the coming decade as these six trends take hold. 1. Asia rising Asia-based companies and Asia-related transactions will become increasing sources of cross-border disputes. Asia's economies as a share of global GDP have been growing at an accelerating pace over the past decade. Asia's representation in the Fortune Global 30 grew from five companies to nine companies between...

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Member News

Signify launches new Philips GreenPower LED toplighting with higher output for light-loving crops

Signify (Euronext: LIGHT), the world leader in lighting, today announced the introduction of the new Philips GreenPower LED toplighting high output with a light efficacy up to 3.0 µmol/J and an output of 800 µmol/s. The new module will help greenhouse growers improve the growth of vegetables, fruits, flowers and other crops that require a lot of light. The new toplighting is available as of September 2018. In addition to higher light levels and improved efficiency, the high output modules will have...

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Member News

STS enters the changing regulatory landscape for European securitization

By Paul Wilden | Head of Capital Markets Services Change is coming to the European securitization market. Some of the changes and new regulations are clear and relatively easily implemented, while others remain vague and will probably have a high impact on business process. It’s no secret that securitization products played a big role in the US subprime mortgage crisis of 2007 - complex, opaque and lightly differentiated securitization led to a market meltdown. The effects of the crisis are still...

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Chapter News

Nokia lands EUR 500 million EU Financing for 5G research

EUR 500 million EIB loan will be used to accelerate research and development of 5G tech Loan backed under European Fund for Strategic Investments, part of successful Juncker Plan Finnish multinational telecommunications, information technology, software and services company Nokia today signed a EUR 500 million loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic Investments (EFSI), a key element of the Investment Plan for Europe, also known as the Juncker Plan. Nokia will use the loan...

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Member News

35th anniversary of the Belgian expatriate “special tax regime”

By Melissa Claessens Belgium has an attractive special tax regime for foreign executives and specialised employees temporarily employed in Belgium. 8 August was its 35th (!) anniversary. Since that day in 1983 the currently applicable regime has been set out in a Tax Letter. Although the tax regime is very attractive, it is not flawless and the reshaping of Belgian income taxes, over the past years, also had its impact. In the coming weeks, we will highlight and summarise the main...

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Member News

Navigating the French Court System on Commercial Debt

Although legal collections in France tend to be expensive for a creditor, they can result in a judgment far in advance of the time required in the United States to secure a similar remedy. To begin with, it should be noted that the statute of limitations on B2B claims is five years, whether there is an existing contract or not.  It should also be noted that in the absence of a contractual provision, the statutory interest rate in France is...

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Member News

EU-US Privacy Shield on the chopping block?

By Yves Van Couter  The EU – US Privacy Shield was adopted in July 2016 as a replacement of the Safe Harbor regime, which was struck down by the EU Court of Justice (“CJEU”). Both regimes secured the transfer of personal data between the EU and the US. In order to receive personal data from the EU for commercial purposes, and in the absence of another legal ground for such data transfer, US companies have to self-certify with the US...

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Member News

Canada Launches Steel Imports Safeguard Consultation

By Darrel H. Pearson and Margaret M. Kim On August 14, 2018, the Canadian government undertook public consultations to examine whether imports of seven steel products warrant safeguard action.1 The products under review are: steel plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire, and wire rod (product description including HS codes are found in the Annex to the Department of Finance Notice). Consultations will address whether the named steel products are being imported in such increased quantities as to “cause or...

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Member News

Reavis Page Jump LLP welcomes their new Associate Jill Kahn Marshall

Reavis Page Jump LLP is pleased to welcome their new Associate Jill Kahn Marshall RPJ Associate Jill Kahn Marshall practices in the areas of employment and labor law, litigation, arbitration, mediation and dispute resolution, as well as workplace training, compliance and best practices.  Ms. Marshall assists the firm's clients in matters involving claims of employment discrimination and harassment in the workplace, conducts sexual harassment prevention training, and provides advice to companies and individuals concerning employment and separation agreements, handbooks and other employment materials. Compliments of Reavis Page Jump...

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Chapter News

Greece begins a new chapter following the conclusion of its stability support programme

Greece has successfully concluded a three year European Stability Mechanism (ESM) stability support programme with its place at the heart of the euro area and European Union secured. The successful conclusion of the programme is a testament to the efforts of the Greek people, the country's commitment to reform, and the solidarity of its European partners. European Commission President Jean-Claude Juncker said: "The conclusion of the stability support programme marks an important moment for Greece and Europe. While their European partners have demonstrated...

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