Member News, Uncategorized

Wilson Sonsini | CJEU Rules on Online Marketplaces’ Liability for User Content Under the GDPR

On December 2, 2025, the Court of Justice of the EU (CJEU) in X v Russmedia Digital SRL (C-492/23), ruled that the operator of an online marketplace, as a data controller, is responsible for the processing of personal data contained in advertisements published on its platform, and cannot rely on the hosting liability safe harbor to avoid responsibility for General Data Protection Regulation (GDPR) infringements arising from unlawful processing. The decision departs from long-standing case law on the liability of hosting service...

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Chapter News, News

Council of the EU | Foreign Direct Investment: Council and Parliament Reached Political Agreement to Improve FDI Screening

The Council’s presidency and the European Parliament’s representatives reached today a provisional political agreement on the revision of the foreign direct investment (FDI) screening regulation. The updated framework aims to strengthen the EU’s ability to identify, assess and address risks posed by certain foreign investments, while preserving the openness to global trade and investment. The revised regulation builds on the functioning of the current FDI screening framework, which is key to safeguarding public order and security across the EU. The agreement strengthens the...

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Member News

PwC | Highlights of Treasury Guidance on OBBBA International Tax Items

What happened? Treasury and the IRS on December 4 issued three Notices—2025-75, 2025-77, and 2025-78—providing early guidance on several international tax provisions enacted as part of the One Big Beautiful Bill Act (the Act or OBBBA). Notice 2025-75 announces the intent to issue proposed regulations implementing the transition rule under Section 70354(c)(2) of the Act. The transition rule affects how Section 951(a)(2)(B) reductions apply for certain dividends paid by controlled foreign corporations (CFCs) in tax years beginning before January 1, 2026. ...

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Member News, Uncategorized

Trepp | Too Late to Catch a Flick?

The big news in the mergers and acquisitions world late last week was Netflix Inc.'s agreement to buy Warner Bros. Discovery Inc. in a deal valued at $82.7 billion. The acquisition would create an entertainment behemoth, if it passes regulatory muster. Netflix would come to own the Sopranos, Big Bang Theory, and Game of Thrones franchises. More importantly to those in the commercial real estate world, it would assume Warner's studio movie-making chops. And that’s where the potential headaches come up. Warner has been among...

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Member News, Trade & TTIP Related

Greenberg Traurig | Reverse Engineering in the Age of AI: Are Your Trade Secrets Still Safe?

Artificial intelligence (AI) has dramatically expanded the toolkit available for reverse engineering, and in-house counsel might wish to take note. Reverse engineering is the process of discovering otherwise nonpublic information about a product by examining the public-facing product. Reverse engineering has always presented a risk, but rapidly-evolving technology is expanding the scope of what can be reverse-engineered. Now, AI enables reverse engineering in previously-impossible ways. What once required specialized expertise and significant time investment can now be accomplished in...

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Member News, Trade & TTIP Related

Fox Rothschild | Importers Are Racing to Preserve Tariff Refund Rights

As we await a Supreme Court ruling on the validity of the tariffs, the Court of International Trade is seeing a wave of protective lawsuits. A growing number of companies — following the lead of Costco — are filing protective lawsuits in the U.S. Court of International Trade (CIT) to preserve their right to refunds if the Supreme Court strikes down the Trump administration's emergency-based tariffs. If your company paid tariffs International Emergency Economic Powers Act (IEEPA) in 2025, you should...

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Chapter News, News, Trade & TTIP Related

European Commission | Remarks by Commissioner Várhelyi on the Reinforcement of Controls on Products Imported into the EU

Remarks by  Olivér Várhelyi, Commissioner for Health and Animal Welfare of the European Commission at the conclusion of an Implementation Dialogue on import controls with stakeholders.   Thank you, thank you very much. And thank you very much for showing interest. As you know, food safety is central to my mandate as European Commissioner for Health and Animal Welfare. We have a very extensive and robust body of legislation in this area to safeguard animal health and welfare, but also when it comes to plant...

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Chapter News, News

ECB | A Digital Euro for the Digital Age

by Piero Cipollone and Valdis Dombrovskis. The ECB plans to prepare for the potential issuance of the digital euro by 2029, assuming the European co-legislators adopt the necessary regulation by 2026. Preparatory steps, including pilot exercises and initial transactions, could begin as early as mid-2027. From barter to coins to banknotes to cards, the payment systems Europeans have relied on have never stopped evolving. Throughout history, innovations have made these systems increasingly sophisticated, efficient and convenient. Today, technology is transforming our...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: Change & Disruption: The New Constants

In this week’s Roar: Asia’s changing manufacturing economy, U.S. production contraction, the effect of unpredictable trade policies, a potential two-tier market for container shipping, and more hackers are targeting global supply chains. Signs of who will be the winners and losers from the trade wars are emerging. Asia’s key manufacturing economies were sluggish in November, with PMIs showing contraction in China, Japan, South Korea, and Taiwan, despite what appears to be meaningful progress in U.S. trade negotiations. But it’s not all bad news,...

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Member News

Barnes and Thornburg | In Search of: IEEPA Tariff Refunds

Highlights • The U.S. Supreme Court is expected to rule on the legality of the International Emergency Economic Powers Act (IEEPA) tariff actions in late 2025 or early 2026. • Importers should begin to prepare for potential tariff refunds by tracking protest filing deadlines and by filing timely protests with U.S. Customs and Border Protection (CBP). • The courts could also establish a special IEEPA refund process that may require certain filings or complaints in court. As the U.S. Supreme Court reviews the...

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