Member News

Understanding the Concerns of Investors

By Onno Bouwmeister |Malcolm Pobjoy | VISTRA Investors are holding more sway in the private equity community, and they are demanding increased transparency, as well as a greater focus on fees and valuations. Not surprisingly, limited partners appear to be the main motivating force behind the push for greater transparency, and especially LPs in the public pension fund sector. In Vistra’s research report titled “Private Equity Fund Governance: Establishing Best Practices 2017—The Manager & Investor Perspective, 45% of LPs polled...

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Member News

Letter from IIE President Allan Goodman: International Education Week

By Allan Goodman | President| Institute of International Education Today, I invite you to celebrate International Education Week, created as a joint initiative by the Department of Education and the Department of State in 2000. We work in international education every day, but this week is a particularly important one in which to reflect on the value and importance of the work that we all do. Let us also reflect on the strength of the IIENetwork community. Collectively, you represent 1,300...

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Chapter News

European Agenda on Migration: Consolidating progress made

The Commission and the High Representative set out the work still required to consolidate the progress achieved over the past years. In the run-up to the European Council in December, the European Commission and the High Representative reported today on progress made in better managing migration under the European Agenda on Migration. With the total number of irregular crossings along the main migratory routes having decreased by 63% in 2017, collective efforts to protect the EU's external borders, cooperate with partner...

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Chapter News

Winners and losers from globalisation: offshoring benefits skilled workers and hurts the less skilled

By Juan Carluccio, Banque de France |  Alejandro Cuñat, University of Vienna | Harald Fadinger, University of Mannheim | Christian Fons-Rosen, Pompeu Fabra Universit Rue de la Banque, No. 51 ■ November  2017 This Rue de la Banque, based on the exploitation of detailed data for the French manufacturing industry, argues that offshoring to low‑wage countries was a strong determinant of the labour‑market outcomes of low‑skilled workers in France during the period 1995‑2007. The results support the widespread view that international...

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Member News

Fairness Opinions: A Guide for Selecting a Provider

By Jeff Phillips | T. J. Hope | STOUT How to select a fairness opinion provider A fairness opinion is a letter summarizing an analysis prepared by an investment bank or independent third-party which indicates whether certain financial elements of a transaction, such as price, are fair to a specific participant in the transaction, from a financial point of view. While not required by law, fairness opinions are commonly used in M&A transactions to assist the board, a special committee...

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Member News

Paris Embassy Announces Change to the Golden Arrow Program

By Fauzia N. Amlani | Associate | 4049460852 |fauzia.amlaniogletree.com | Ogletree Deakins The U.S. Embassy in Paris has announced a minor change to its Golden Arrow program, affecting French-owned companies that are incorporated in the United States. Effective immediately, French E visa applicants under the Golden Arrow program will be required to submit all three parts of Form DS-156E. Previously, E visa applicants under this program were only required to submit Part III of Form DS-156E. Qualified French employers may apply for...

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Member News

World premier: Revinax introduces Mixed Reality (HoloLens) during a live open surgery

By Revinax Revinax combines medical expertise and technical creativity to create cutting-edge training tools for surgeons and marketing and training solutions for various companies.   We are very honoured to share the following news with you: Montpellier - November 9th, 2017. The Revinax team has achieved a worldwide breakthrough by introducing mixed reality during live surgery. The surgical procedure was performed successfully on November 7th, 2017 under the guidance of Dr Lonjon, a neurosurgeon from the Montpellier University Hospital in...

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Member News

New York City Expands Types of Leave Covered by Paid Sick Leave Law

By Jill Lowell and Sebastian Chilco | Littler Mendelson P.C Slightly one year after the New York City Council introduced a bill that would expand the city's paid sick leave requirements to cover "safe time" leave, Mayor Bill de Blasio signed it into law on November 6, 2017. The law, Int. 1313-A, expands the list of covered reasons for which paid sick leave can be used to include “when the employee or a family member has been the victim of...

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Member News

The Case for a WTO Climate Waiver

By James Bacchus |  Centre for International Governance Innovation | Chair, Global Practice at Greenberg Traurig Executive Summary There is a looming collision between the rules frameworks of the two separate international institutions that have been created and entrusted with addressing trade and climate change. Links between trade and climate change can no longer be ignored by either the World Trade Organization (WTO) or the Conference of the Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC). Neither of...

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Member News

CMBS Market Week in Review: November 6th – November 10th

By Trepp, LLC Due to the recent strength of the cash markets, CMBS trading desks posted heavy activity in the past week with bid list volume topping $800 million between Monday and Thursday. Overall, the cash sector continued to see modest spread tightening, decent two-way trading, as well as strong representation from SASB and conduit paper. Tight AAA pricing on new issues and concerns over future supply wind-down enabled cash spreads to grind tighter by an additional five to...

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