EACCNY | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

01 Feb

Ogletree Deakins Elects Twelve to Equity Shareholder – Half of Newly-Elected Shareholders Are Women

Posted by EACCNY
March 16, 2018

Ogletree Deakins - Ogletree Deakins, one of the largest labor and employment law firms representing management, has elected 12 attorneys to the equity shareholder position. Half of the newly-elected equity shareholders are women, continuing the firm’s trend of promoting female attorneys ahead of the national legal industry average. In January, the firm announced its 2018 new shareholder class, which is more than 70 percent female. The new equity shareholders include: Ellen Toth – Cleveland Adam Dougherty – Dallas Sean Urich – Dallas Leigh Ganchan –...

01 Feb

Brexit News, News

EU Commission Warns Stakeholders of Customs and Indirect Tax Impact of Brexit

Posted by EACCNY
March 16, 2018

Loyens & Loeff - On 30 January 2018, the EU Commission issued a notice regarding the impact of Brexit in the field of customs and indirect taxation. In its notice, the EU Commission calls for preparedness from EU stakeholders, and recalls that, unless an agreement would provide for another date, the United Kingdom will have to be treated as a non-EU country as from 30 March 2019. Customs From a customs perspective, the Brexit entails that the United Kingdom would no longer belong...

01 Feb

Member News

FX Forecast for February 2018

Posted by EACCNY
March 16, 2018

Bannockburn Global Forex - Outlook for February 1) Bond market weakness and risk appetite US 10 year bond yields hit their highest level for 4 years at the end of January spurred by the combination of positive economic news, a weak USD and the perception that the period of financial repression is coming to an end as globally central banks all consider exits from asset purchase schemes. While yields are still very low by historic standards the break of the...

31 Jan

Member News

DS-Concept Closes Post Shipment Finance Facility for Prominent Fabric Manufacturer based in Turkey

Posted by EACCNY
February 1, 2018

By DS-Concept DS-Concept has established a new financing relationship with a prominent Turkish producer of silk and other high-quality fabrics that sells to such esteemed brands as Armani, Chanel, and Hugo Boss. The company exports to Europe and Israel and is using DS-Concept’s €350,000 credit facility to support cash transactions with its suppliers. Additionally, with the facility in place, the fabric manufacturer expects to grow its production capacity, increase sales, expand its market share and invest the generated capital in...

31 Jan

Brexit News, Chapter News

Two Year Period for Negotiating Brexit Can, and Should, Be Extended

Posted by EACCNY
January 31, 2018

Speech by John Bruton, former Taoiseach and former EU Ambassador to the United States, speaking at the Skoda Fleet Business event at 8am on Monday 29th January in Bellinter House Hotel, Navan Co Meath; I am delighted to be invited to speak at this important launch. I congratulate Skoda on the recent rapid growth in sales in the Irish market. I would like to talk this morning about Brexit. I believe that Brexit will do disproportionate damage to the motor industry, which...

30 Jan

Member News

Update on Property Tax Issues: January 2018

Posted by EACCNY
January 30, 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 Germany, Greece and parts of the United Kingdom. There is a separate IPTI report on...

30 Jan

Member News

Stout ranks as a top fairness opinion provider in 2017

Posted by EACCNY
January 30, 2018

Stout is pleased to once again be recognized as one of the top U.S. fairness opinion providers according to Thomson Reuters' Mergers & Acquisitions Review, Full Year 2017. Stout advised on more than 50 transactions in 2017. As a leading fairness opinion provider, Stout leverages its considerable investment banking and valuation experience to assist clients in making sound business decisions and completing their critical transactions. For the past six years, Stout has consistently ranked as a top fairness...

30 Jan

Member News

Significant Changes Coming to California Proposition 65 for Consumer Products

Posted by EACCNY
January 30, 2018

By David J. Evan | Partner | GDLSK The California Proposition 65 “safe harbor” warning requirement will undergo significant changes later this year for products that are manufactured on or after August 30, 2018. The law, commonly known as “Prop 65”, requires companies to provide a “clear and reasonable” warning to consumers for products sold in California that contain a chemical(s) on the Prop 65 list. The warning must be visible to the consumer before any exposure occurs. With regard to warnings...

30 Jan

Chapter News

Rede von Bundeskanzlerin Dr. Angela Merkel anlässlich des Jahrestreffens des World Economic Forum am 24. Januar 2018 in Davos

Posted by EACCNY
January 30, 2018

By Dr. Angela Merkel, Chancelor of Germany World Economic Forum am 24. Januar 2018 , Davos Sehr geehrter Herr Professor Schwab, liebe Kollegen, meine Damen und Herren, Ich freue mich, wieder in Davos dabei zu sein – in diesem Jahr in einer ganz speziellen Situation; aber darauf komme ich noch. Ich will an diesem Tag, an dem Europa ja sehr im Zentrum der Diskussionen dieses Davoser Forums steht, daran erinnern, dass 1918, vor hundert Jahren, der Erste Weltkrieg endete. Er wird auch als...

30 Jan

Chapter News

Bulgarian Presidency Priorities Discussed in Committees

Posted by EACCNY
January 30, 2018

The priorities of the Bulgarian Presidency of the EU Council of Ministers are being outlined to parliamentary committees by ministers in a series of meetings. Bulgaria is holding the Presidency of the Council for the first time. It will last until end of June 2018. Constitutional Affairs: Transparency Register, European Citizens’ initiative, electoral law Achieving progress on the inter-institutional agreement on a mandatory Transparency Register and the European Citizens’ initiative were some of the priorities outlined by Deputy Minister for the Bulgarian...

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