Member News

Member News

Faegre Drinker | Draft Standard Contractual Clauses Released by European Commission: New Clause Cause for Applause?

Following on from this week’s big announcement by the European Data Protection Board (EDPB) on its expectations for international data transfers after the European Court of Justice’s July 16 Schrems II decision, the European Commission released a draft set of new Standard Contractual Clauses (SCCs) and a draft implementing decision. The Commission’s draft set of clauses allows for two new types of transfer (EU-based processor to ex-EU processor, and EU-based processor to ex-EU-controller) and contains important updates to bring the text of the...

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Member News

Steptoe | The 5 Things We Like – and the 5 We Do Not – in the EDPB Post-Schrems II Recommendations

On November 10, 2020, the European Data Protection Board (EDPB) adopted the long-awaited "Recommendations 01/2020 on measures that supplement transfer tools to ensure compliance with the EU level of protection of personal data" (the recommendations) - available here. The recommendations should assist organizations in dealing with the consequences of the Schrems II judgment of the Court of Justice of the European Union (which invalidated the Privacy Shield and imposed additional requirements on organizations for their transfers of personal data). There are...

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COVID-19 News, Member News

Vulcan Insight | EU Health Union: A Commission rethink on health crisis response

In the wake of the COVID-19 pandemic, the European Commission proposed on Wednesday to create a European Health Union to better equip the EU for the prevention, preparation and management of health crises. In its communication, the Commission said that in order to save lives and livelihoods it would push for a more resilient EU internal market and a sustained economic recovery. The draft proposal, which follows on from the State of the Union address by the President of the...

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Member News

Via | Public transit isn’t dead: Three ways cities are upgrading their networks

Cities are getting creative and exploring changes to draw people back to public transportation and get the economy moving again. Is public transportation as we knew it officially dead? Despite the doomsday scenario seemingly cemented in the media, public transportation was actually already seeing diminished ridership around the world over the past decade — led by a 15% decline in bus riders in both the US and UK. COVID-19 should actually be seen as the long-overdue catalyst for change. Now more than ever, cities...

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COVID-19 News, Member News

Portolano | Foreign investment control in the life science sector: the scope of the Italian Government’s powers also in the context of the current COVID-19 pandemic

This article is part of Portolano’s bimonthly “INFORM@ Life Sciences” Newsletter. Click here to subscribe. | Some recent cases in the news, as well as steps taken to increase the regulatory powers of the government in the current emergency situation via the Decreto Liquidità, have prompted us to draft this overview of measures that provide the government with special powers that it may exercise to prohibit or impose conditions upon extraordinary corporate transactions of foreign parties involving Italian target companies...

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Member News

Stout | Tire M&A on the Rise After Initial Pandemic Shock

Third-quarter M&A activity broke higher from what was an extremely subdued and uncertain second quarter. Retail drove the bulk of transaction activity in a sector which saw demand return and retailers drive significant business via necessary replacement tire and maintenance service spend during the quarter. The highlight of the quarter is Meritage Group’s – an investment advisor with over $12 billion of assets under management – acquisition of Les Schwab Tire Centers in September. Despite delays in the transaction due...

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Member News

Vulcan Insight | EU reaches deal on long-term budget

For the past ten weeks, negotiators from the European Parliament and Council have been embattled over finding a compromise on the EU’s next seven-year budget. On Tuesday, the two institutions’ delegations reached a political agreement, almost sealing the deal on the roll-out of the €1.8 trillion package aimed at financing the COVID-19 economic recovery through additional funding for future jobs and competitiveness, as well as leading the EU’s green and digital transformation. Compared to the momentous agreement reached by the...

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Member News

NautaDutilh | Finally some practical EDPB guidance on how to make international data transfers lawful

After a long, four-month wait, we finally have recommendations from the European Data Protection Board (EDPB) on “supplementary measures” in the context of international transfers of personal data – i.e. measures required to ensure that transfers to countries outside of the European Economic Area (EEA) are permitted under the GDPR. Follow-up on Schrems II Under the GDPR, transfers of personal data from the EEA to a non-EEA recipient are prohibited unless the sender has a certain degree of confidence – thanks to...

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Member News

CILcare Opens a New Subsidiary in Denmark

Montpellier, November 09th 2020 | CILcare, a world leading CRO entirely dedicated to ear disorders, announces today the opening of a new subsidiary in Copenhagen, Denmark. Already established in the US, the French company is joining the Medicon Valley Alliance, a leading international life-sciences cluster in Northern Europe. This second subsidiary is another key step in CILcare’s continuing global expansion and will reinforce its presence in the Nordic and Northern European markets. Since its inception in 2014, CILcare has become the...

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Member News

ACG Resources | The Debate on Posting Salaries

Every time you post a job, there is that dreaded field a job board asks you to complete called “salary.” Instinct is to put in the budgeted range and hit submit, but is it that simple? Many employers do not realize the adverse effect that including salary in postings can do. You may be limiting the candidate pool. Many job boards and postings will push the job out to numerous job seekers that request to be notified about positions based...

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