28 Mar
Chapter News

Regulatory Scrutiny Board – Annual Report 2017

The Regulatory Scrutiny Board (RSB) is pleased to announce the publication of its Annual Report 2017. The Board’s working methods are by now well established. After two full years of experience, the 2017 annual report reflects on a variety of new and enhanced practices – a new range of opinions, broader application of the 'Evaluate first' principle, more comprehensive consideration of the public consultations, mandatory quantification of costs and benefits. New tools include a monitoring system to track quality improvements following Board interactions.  This system allows...

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27 Mar
Member News

GDPR—Collective Actions Under the Privacy Banner

By Patrick Kane | WSGR As application of the European Union’s (EU’s) General Data Protection Regulation (GDPR)1quickly approaches, the enforcement authority of the European data protection authorities (DPAs) is rightfully on everyone’s mind. The power to issue monetary fines against non-compliant entities of up to four percent of the entity’s past year worldwide turnover is one of the GDPR’s most striking provisions.2 But, the GDPR also includes a provision that may prove to be equally important: giving individuals the right to bring...

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27 Mar
Member News

Ogletree Deakins Expands in Paris and Welcomes Cécile Martin as Partner

By Ogletree Deakins Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to welcome Cécile Martin as the third partner in the firm’s Paris office just one year after its opening. Martin joins the firm from Proskauer, where she was Special international labor and employment counsel. Martin has practiced law in Paris for nearly 18 years and began her career as in-house counsel for the French Data Protection Regulator (CNIL). In this role, Martin advised on...

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27 Mar
Member News

DS-Concept Appoints William C. Avedon as Vice president of Sales

By DS-Concept DS-Concept today announced that William C. Avedon has joined the company as Vice President of Sales. Avedon will be responsible for new business origination and structuring. Avedon has an impressive track record of developing global distribution networks in over 60 countries, including China, where he was based for twelve years building major consumer brands from the ground up. Prior to joining DS-Concept, Avedon oversaw the development of international wholesale and distributor partnerships at Lifetime Brands and launched Burton Snowboards into the...

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26 Mar
Member News

U.S. Companies with Foreign Ownership Face Reporting Deadline

By Barbara Müller | Cozen O'Connor The survey requires extensive financial and operational information, making it imperative for companies to quickly determine if they are required to report and, if so, begin preparing their response. Background The BEA conducts a number of surveys to collect data on foreign direct investment in the United States. Reporting to the BEA is mandatory. Any data collected is confidential, and the reporting entity’s prior permission is required before the BEA can release it in any form that would...

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26 Mar
Member News

Update on Property Tax Issues: March 2018

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on Cyprus, France, Greece, Ireland and the United Kingdom. There is a separate IPTI report on...

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26 Mar
Member News

Restrictions to Online Luxury Sales in Europe

By AEM Carnelutti Big luxury brands have ignored e-commerce sales strategies for many years, while other commercial industries have commonly resorted to e-commerce stores as sale channels. The luxury brands’ view of e-commerce has radically changed in the last two years. Some luxury companies launched their own online platforms to sell their products directly to customers. A recent EU Supreme Court decision may however stall the involvement of mass e-commerce giants, such as Amazon, in the European online luxury shopping. On December 6,...

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23 Mar
Brexit News, Chapter News, Member News

Brexit transition deal: 6 takeaways for business | Webcast | Tuesday March27

By EY EU leaders today signed off on two political agreements: the transition period and guidelines for the forthcoming negotiations over the future EU-UK relationship. Summary: In Brexit negotiation and political terms, compared to where we were six months ago, this week’s deal was a significant achievement and has increased the chances of a negotiated outcome. But in operational planning terms, businesses now face a fork in the road. Decide to put plans on hold, based on this week’s political agreement;...

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23 Mar
Member News

Two Recent Developments in the European and Italian Copyright Legal Framework

By AEM Carnelutti  The Filmspeler case On 26 April 2017, the European Court of Justice (“CJEU”) rendered its decision in case C-527/15, Stichting Brein v Wullems t/a Filmspeler. CJEU was requested to establish whether it constitutes a communication to the public with the sale of a product (a multimedia player named ‘Filmspeler’) in which the seller installed certain add-ons hyperlinking to websites on which copyright-protected works were made directly available to the public without the prior authorization of the rights holder. The CJEU held...

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23 Mar
Member News

DSM – repurchase of shares (19 – 22 March 2018)

By Royal DSM Royal DSM, a global science-based company active in health, nutrition and materials, has repurchased 136,650 of its own shares in the period from 19 March 2018 up to and including 22 March 2018 at an average price of €80.59. This is in accordance with the repurchase, covering commitments under share based compensation plans and for stock dividends, announced on 19 March 2018. The consideration of this repurchase was €11.0 million. For more detailed information see the ‘Daily transaction details 1.6m Share Repurchase Program...

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