Member News

France’s Department of Labor Issues Guidance on New Corporate Social Responsibility Obligations

By Sophie Pelicier-Loevenbruck  | Litter Mendelson Following the introduction of new corporate social responsibility obligations for collaborative platforms towards independent workers, the French Department of Labor published guidance to clarify the scope of this responsibility. The requirements established by French law1 can be divided into two groups of rights for the independent workers: collective rights (right to strike, freedom of association) and individual rights (covering the workers' contributions for the occupational accident insurance and for vocational training). To Whom Do These Social...

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Member News

Stout Promotes Four Professionals to Managing Directors

By STOUT Stout is proud to announce that John D. Baumgartner, Emma Bienias, Len Devaney, and Joe Torzewski have been promoted to Managing Directors. Each of these professionals has shown a commitment to Stout’s core values, provide superb client service, make significant economic contributions, demonstrate strong leadership and management skills, and have solid reputations in the marketplace. John D. Baumgartner is in the Houston Dispute Consulting group. He has more than 15 years of restructuring, consulting, and corporate finance experience and...

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Member News

ICOs at the End of 2017: What We Think We Know and What We Don’t Know

By Robert Rosenblum, with contributions from Susan Gault-Brown, Greg Broome, Todd Carpenter, Amy Caiazza, John Sullivan, and Tyler Kirk. WSGR Initial coin offerings (ICOs), token pre-sales, and similar sales of blockchain-based coins and tokens are quickly becoming an important fundraising option, and an important method of attempting to seed a token-based platform with sufficient "currency" (that is, tokens) to permit the platform to function as intended. With the end of 2017 in sight, it is useful to catalog what we...

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Chapter News

Strengthening the Eurozone, EIB President urges a new push for investment and reform at IMF meetings

Today in Washington D.C., at a key debate on how to improve the functioning of the Eurozone and Europe’s economy as a whole, European Investment Bank President Werner Hoyer stressed the importance of investment in infrastructure and for a particular focus on creating the right conditions for young and innovative firms to thrive in Europe. He also said that the possibility of a new future relationship between the European Stability Mechanism and the EIB should be given “serious thought”. “Supporting...

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Chapter News

Buildings in the EU: highly energy-efficient and money-saving by 2050

Priorities: boosting renovations for more energy-efficient buildings supporting infrastructure for electrical vehicles in new buildings better monitoring of buildings energy performance to reduce costs New measures to ensure that all new buildings in the EU are as energy-efficient as possible by 2050 were agreed by the Industry and Energy Committee. Rules to channel the focus towards energy-efficiency and cost-effectiveness when existing buildings are renovated in the EU were approved on Wednesday by the Committee on Industry, Research and Energy (ITRE). This...

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Chapter News

Mario Draghi’s Statement at the IMFC

By Mario Draghi, President of the European Central Bank. Statement by Mario Draghi, President of the ECB, at the thirty-sixth meeting of the International Monetary and Financial Committee, Washington D.C., 13 October 2017 The euro area’s economic expansion, supported by the ECB’s monetary policy measures, continues to be firm and broad-based across countries and sectors. The economy has now expanded for 17 consecutive quarters, and at a faster than expected pace in the first half of this year. Over this period,...

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Member News

Luxembourg’s Tax Changes for 2018 Disclosed in the New Budget Bill

By Eric Fort | Bruno Gasparotto | Alain Goebel  |Thierry Lesage | Jan Neugebauer | Arendt & Medernach LLC On 11 October 2017, and the last time before next year’s parliamentary elections, the current Luxembourg Finance Minister presented the budget law for 2018 to the Parliament (Chambre des Députés).The main tax-related provisions of the Bill of Law N° 7200 (“Bill”) as laid out below in more detail include inter alia: Changes to the capital gains tax treatment of business restructurings; Improvements...

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Member News

Trends in Trade Secret Litigation Report

By Jeffrey Mordaunt | Joshua Swedlow | Stout  Stout's Trends in Trade Secret Litigation Report details the latest findings from our continual monitoring of the federal trade secret litigation landscape. The report also features the conclusions derived from our quantitative study on federal trade secret cases in which a verdict was derived or settlement information was publically available, over a 26-year period from 1990 to 2015. Our in-depth research and analysis focuses on: The impact of the Defend Trade Secrets Act...

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Chapter News, New York Related News

Governor Cuomo Breaks Ground on $75 Million Cold Spring Harbor Labs Center for Therapeutics Research

New Center Will Support the Thriving Biotechnology, Research and Academic Community on Long Island Governor Andrew M. Cuomo today broke ground on the Cold Spring Harbor Laboratory Center for Therapeutics Research project on Long Island. The new $75 million initiative applies the Laboratory's biomedical expertise to advance therapeutics for genetic diseases. CSHL is a world-leader in fundamental biology research with clinical care, and New York's $25 million investment in the new Center for Therapeutics Research will support advancements already underway in...

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Brexit News, Member News

Vulcan View: Key Events of this Week

By Vulcan Consulting  BREXIT   Negotiations reach a ‘’very disturbing state of deadlock’’ The fifth round of negotiations between the EU and UK concluded yesterday, with warnings from diplomats that talks had reached a political standstill and almost no substantial progress was made in the past few days. Although Michel Barnier, the EU’s top negotiator, said that decisive progress is still within reach before Christmas, he will not recommend to EU leaders at next weeks summit that ‘’sufficient progress’’ has...

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