Member News

Member News

WSGR | Council of the EU Adopts Its Text on the ePrivacy Regulation

On February 10, 2021, the Council of the European Union (EU) agreed on its version of the draft ePrivacy Regulation (Council Position). The long-awaited ePrivacy Regulation, which will repeal the existing ePrivacy Directive, overhauls the rules on cookies and regulates the use of and access to electronic communications data. The new ePrivacy Regulation will directly regulate telecom operators, providers of voice over IP, messaging and web-based email services, as well as other types of digital communication services. Importantly, it will...

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COVID-19 News, Member News

AlixPartners | COVID-19’s impact on aircraft lessors: Are the dominoes starting to fall?

Aircraft lessors have been one of the biggest beneficiaries of the air travel boom of the last three decades, becoming a powerful force and an essential link in the aviation value chain. In 2019, lessors made up 50% of Airbus and Boeing deliveries through either direct contracts or sale-and-leaseback transactions. Lessors provide airlines aircraft financing in various forms and act as a buffer between aircraft OEMs and operators. This position helped them weather some of the initial shock of...

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Member News

Vulcan Insight | Déjà vu as the UK again intends to break Brexit Agreement

With just hours to spare before the European Parliament was set to decide its schedule on ratifying the post-Brexit agreement, the UK Government’s announcement that it would temporarily, but unilaterally, change the rules for trade into Northern Ireland caused indignation across Brussels and national capitals. In a way, it is a stunning repeat of the controversy around the UK Government’s September proposal to “break international law in a specific and limited way” through its Internal Market Bill. This latest dispute between...

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Member News, Trade & TTIP Related

Thompson Hine | U.S. and UK Temporarily Suspend WTO Retaliatory Tariffs on Large Civilian Aircraft

On March 4, 2021, the United States and the United Kingdom released a joint statement announcing a suspension of World Trade Organization (WTO)-authorized retaliatory tariffs in the WTO’s longest-running trade dispute involving government subsidies for large civilian aircraft.  The statement notes that the UK ceased applying retaliatory tariffs on January 1, 2021, and that the U.S. will suspend its retaliatory tariffs on March 4, 2021.  Both parties agreed to suspend their retaliatory tariffs for a period of four months, until July...

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Member News

Stibbe | Net(work) closing in on cross-border cartels?

A heads-up for companies with cross-border activities. The ECN+ Directive’s transposition deadline has expired and its provisions should by now have found their way into the national laws of the EU Member States. In the Netherlands, amendments to the Dutch Competition Act giving effect to the ECN+ Directive came into force recently, together with a new governmental decree on leniency. Companies should update their dawn raid manuals to take account of the newly acquired enforcement tools now available to certain national competition authorities. They should also...

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Member News

Noerr | Major increase in consumer protection when buying digital products and for online marketplaces in Germany

At the start of the new year, Germany’s Federal Ministry of Justice and Consumer Protection has taken twofold action by publishing two draft Acts intended to transpose, firstly, the Directive on certain aspects concerning contracts for the supply of digital content and digital services (2019/770/EU) and, secondly, the Directive as regards the better enforcement and modernisation of Union consumer protection rules (2019/2161/EU). Both drafts were passed by the Federal Government on 13 January 2021 and have now been presented to the Bundesrat for its comments....

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COVID-19 News, Member News

Hogan Lovells | COVID-19 Report for Life Sciences and Health Care Companies

The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time. In Tuesday's Report: U.S. Senate to vote on relief package, an analysis of how data protection principles relate to vaccine passports, and a preview of a webinar series on the FinTech Strategic Review in the UK. Tuesday, 2 March 2021 The Hogan Lovells Government Relations and Public Affairs group is tracking all of...

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Member News

Troutman Pepper | Nasdaq Amends Proposed Rules on Board Diversity

As Troutman Pepper previously reported, Nasdaq proposed listing rules in December that would have required all Nasdaq-listed companies to have at least two diverse directors (or explain why they didn’t) and to disclose board diversity statistics, subject to certain exceptions. Click here for their recent client alert on the initial proposal. Although the proposed rules have been widely lauded as a step forward in bringing diversity to the corporate boardroom, there has been some vocal criticism of the proposal. In...

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Member News

MJV Technology & Innovation | What is ESG? Connecting finance and sustainable development

ESG values ​​have rekindled sustainability in various sectors of the economy and promise to influence companies’ daily lives directly. Do you really know what this acronym means? Good environmental, social and corporate governance practices are on the rise in the economy and have triggered a movement of change in companies worldwide. New generations have an almost intrinsic concern with issues such as the environment and a positive impact. In the last decades, this mentality has gained breadth with the UN Sustainable...

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Member News

Marks Paneth | REITs and Recovery

As with each subsector under the umbrella of real estate, the effect of the COVID-19 pandemic on Real Estate Investment Trusts (REITs) has been varied, creating opportunities and challenges that seem likely to continue throughout the year ahead. Within the various property sectors owned by REITs, performance has reflected the current conditions of those sectors in general. In sectors such as hospitality, retail and office, all heavily affected by social distancing and shutdowns, REIT performance has suffered. However, these...

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