Member News

Brexit News, Member News

Vulcan Insight | London wants to renegotiate Brexit deal

On Wednesday 21 July, the UK reignited the post-Brexit dispute with the European Union by calling for a renegotiation of the Northern Ireland protocol. The UK government demanded that the protocol be temporarily suspended. The UK and EU “cannot go on as we are” when it comes to Northern Ireland, Britain’s Cabinet Office Minister David Frost said. This comes after the two sides had signed a post-Brexit deal one year ago, which was then presented as a victory by British...

Read more

Member News

CLA | The Nuances of Section 1031 Exchanges (Part One in a Series)

As previously discussed, the Biden Administration’s American Families Plan includes a proposal to partially repeal deferred gains from Section 1031 exchanges. The proposal would implement a limit on gains eligible to be deferred to $500,000 per taxpayer (or $1 million for married individuals filing a joint return) for each year for real property exchanges that are like kind. Any gains from like-kind exchanges in excess of these thresholds would be recognized by the taxpayer in the year of sale. The...

Read more

Member News

Panitch Law | NFTs and Intellectual Property

On June 29th, an auction for NFTs connected to famous Hot Wheels cars was concluded.  I own an example of “Twin Mill,” and I have seen the life-sized replica at the SEMA Trade Show in Las Vegas.  So I was intrigued. However, I wasn’t surprised to learn that the NFT auction did not convey an example of Twin Mill.  Rather, it conveyed unique ownership rights that corresponded to a piece of digital artwork. In another auction, Barrett-Jackson auctioned off NFTs that relate...

Read more

Member News

Troutman Pepper | New Standard Contractual Clauses Supply Opportunities and Obligations for Organizations Transferring Personal Data Out of the EU

On June 4, the European Commission (Commission) adopted new standard contractual clauses (SCCs) for the transfer of personal data to third countries. SCCs have long been an important tool for EU data transfers, as one of only a handful of mechanisms available to legitimize personal data transfers made to countries outside the European Union (EU). This importance increased in July 2020 when the EU Court of Justice (CJEU) issued its decision in Data Protection Commission v. Facebook Ireland, Max Schrems (Schrems...

Read more

Member News

EXEO Attorneys | Immigration U.S. & Canada Weekly Update

This week's special newsletter provides an overview of notable changes in Canadian immigration including all measures directly related to the COVID-19 pandemic. Here is the latest news as of July 19, 2021. The Canadian border will open to vaccinated Americans as of August 9. Following Prime Minister Justin Trudeau's July 19 announcement, travelers who reside in the United States and are United States citizens or permanent residents of the United States. They must be fully immunized and have received the...

Read more

Member News

Thompson Hine | Federal Trade Commission Issues Final Rule on “Made in USA” Claims

On July 14, 2021, the Federal Trade Commission (“FTC”) published in the Federal Register (86 Fed. Reg. 37022-35) its final rule for “Made in USA” and other unqualified U.S.-origin claims (“unqualified U.S.-origin claims”) on product labels. The final rule is effective on August 13, 2021. The final rule codifies a longstanding FTC policy and practice that a product or service with an unqualified U.S.-origin claim, whether express or implied, on its label cannot contain more than a de minimis amount of foreign origin. The final rule...

Read more

Member News

CEA Legal | NFTs, Explained

What Is An NFT? How Do NFTs Work? Binance, the largest cryptocurrency exchange in the world, advertised that it would release its own Non-Fungible Token (NFT) market on June 24, following the steps of other major players in the industry, such as Gemini. Like cryptocurrencies, NFTs are digital assets that register an immutable transaction on a blockchain. The majority of NFTs are currently operated on the Ethereum open-source, decentralized platform. However, unlike a cryptocurrency such as Bitcoin, an NFT is unique and...

Read more

Member News

RSM | The future of mobility

In an ever-growing global economy, international mobility of employees had become a routine and everyday occurrence. This has resulted in many challenges around tracking internationally mobile employees, meeting compliance obligations in each country and understanding the impact of international mobility on the business. With the outbreak of the COVID-19 virus and a global pandemic, the business impact entered a whole new dimension. New considerations sprang forth from the emergence of new legislation and regulations which impacted data protection and tax...

Read more

Member News

Vulcan Insight | “Fit for 55” aims to radically transform Europe’s transportation

Earlier this year, the European Union legally committed itself to reducing its carbon emissions by 55%, compared to 1990, by 2030 and become carbon neutral by 2050. The Commission’s new “Fit for 55” package has now proposed far-reaching legislation to radically transform Europe’s transport system.  Among the many initiatives put forward by the European Commission, its proposed phasing out of the internal combustion engine by 2035 is surely Commission President von der Leyen’s landmark proposal. While not legally banning combustion engines themselves, its proposal...

Read more

Member News

ACG | Need Staffing Assistance

ACG Resources is dedicated to providing your business with highly skilled professionals well-matched to your unique hiring needs for both on-site or remote work and short- or long-term assignments. Whether you’re looking to staff professionals in areas such as accounting and finance, technology, administrative, customer service, legal, HR, creative, and marketing, or any other departments, we can help you find the right fit for your team. Contract/Temporary Staffing Contract staffing, also known as temporary staffing, is when a company engages a staffing agency...

Read more