Member News

Member News

Ogletree | Where to Open Shop: New Report Ranks the Best Places to Do Business in the U.S.

The COVID-19 pandemic continues to affect the global economy, and employers are increasingly considering which are the most and least employer-friendly places  new offices, distribution centers, and operational locations, both during the pandemic and after emerging from it. The Arizona State University Center for the Study of Economic Liberty recently released Doing Business North America 2020 (DBNA), a report analyzing and comparing data indicative of the regulatory context for business activity in a number of metropolitan areas. The report ranked 130 cities across...

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Member News

Galileo Global Advisors partners to launch the Capital Market Development initiative with former NYSE and LSE senior executives

Capital markets (dys)functioning and regulation  are again at the center of public attention and even congressional investigations. The need to recenter them on their core mission  and purpose has hardly been grater, not only for the marketplace, but for market participants. Even the court of public opinion is starting to believe that their valuation function is questionable. From my experience as a former Group EVP of the New York Stock Exchange, I decided to join forces with former exchange...

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Member News, New York Related News

Marks Paneth | New York State budget proposals: What’s in store for high-net-worth individuals?

On January 19, 2021, Governor Andrew Cuomo outlined the Fiscal Year (FY) 2022 Executive Budget in the wake of the ongoing COVID-19 pandemic. The timing and amount of federal aid will determine the level of tax increases that will be enacted by the state in FY 2022. If Congress fails to provide at least $15 billion in funding, the New York State Executive Budget proposes several significant tax law changes, as follows. Increase in Tax Rates on Highest Earners:  The...

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Member News

EIB | Boosting Investments in European digital ventures to unleash the full potential of 5G

Study makes recommendations for more ambitious 5G investment in Europe European ventures developing 5G-related applications and business models are facing significant public and private sector financing shortfalls Investment in 5G is higher in the United States and Asia than in Europe The accelerating rollout of 5G infrastructure has become a key battleground in a broader struggle for control over the industries of the future. At the same time, the race to build 5G networks and reap the significant benefits...

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Member News

Loyens & Loeff | EU list of “non-cooperative jurisdictions” updated – new Luxembourg tax consequences

On 22 February 2021, the European Union list of “non-cooperative jurisdictions” (the EU List) has been updated by the Economic and Financial Affairs Council (ECOFIN). This update is important in Luxembourg following the recent adoption of a law (law of 10 February 2021), which disallows the deduction for income tax purposes of interest and royalties due to related companies established in a country included in the EU List. This denial of the deduction is a new measure and applies...

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Member News

Jaguar Freight | ‘The Weekly Roar’: What’s the Latest in Ocean and Air?

Things in the international shipping industry are as hectic as ever, but there are some positive signs with air cargo volume decreasing worldwide, forwarders negotiating rates for UNICEF’s vaccine distribution, video evidence of California’s box-ship traffic jam emerging, and container lines ordering new vessels to keep up with demand. Over in the ocean shipping sector, the U.S. Coast Guard’s latest video footage showing the pileup of container ships anchored across California’s San Pedro Bay revealed just how intense the congestion...

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COVID-19 News, Member News

MPC | It’s not the vaccines it’s the vaccinations

Covid-19 has killed 480,000 people in the United States and 2.39 million worldwide, while infecting 27 million people in the United States and approximately 109 million people worldwide.  Though at the moment, hospitalizations, deaths and new cases are fortunately dropping, it does not mean we are out of the woods just yet, especially with variants increasing in the U.S.  Although masks and social distancing are effective in slowing the spread of the virus, vaccines are a more effective means...

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Brexit News, Member News

Houthoff | Financial regulatory status post Brexit

There is still much uncertainty about the financial regulatory consequences of Brexit for UK entities operating in the Netherlands. In this News Update, we give an overview of the current situation, focusing on market access. We discuss the cancellation of European passports, the exceptions to this, equivalence decisions and cooperation between supervisory authorities. If you wish to stay informed, you can subscribe to the News Update Financial Regulatory. The EU-UK Trade and Cooperation Agreement covers financial services in the same way as they are generally covered in...

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Brexit News, Member News

Steptoe | EU/UK Trade Post-Brexit: Rules of Origin and Their Impact on Competition Law

The following note highlights certain barriers to free trade flows between the UK and the EU that have arisen in the post-Brexit era, with particular reference to rules of origin and origin procedures. It assesses the consequences these new rules will have in determining market power, influencing supply chain practices, and the application of UK and EU competition law in the future. The Trade and Cooperation Agreement The UK's continued membership of the European Union and Customs Union during the so-called...

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Member News

Vulcan Insight | Amid vaccine vindication, the Commission plans to fight COVID mutant strains

After weeks in defence mode over its vaccine strategy, the European Commission continues to stay true to its plans, while stepping up its actions on preparing for new COVID-19 strains. In a joint press conference with the Health Commissioner Stella Kyriakides and Internal Market Commissioner Thierry Breton, European Commission President Ursula von der Leyen this week launched a new EU-level initiative to finally put the EU on the front foot in its fight against the coronavirus and its rapidly mutating...

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