May 25, 2020 | Today is GDPR Day – two years ago, the GDPR became applicable. When 25 May 2018 came about, the world did not end, nor were there dawn raids by data protection authorities in every corner of the European Union. Instead, what followed was a steady trickle of cases being taken up by data protection authorities, in parallel with the gradual adoption of guidance at both national and EU level. With two years of enforcement and interpretation behind...

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May 26, 2020 | The Centers for Disease Control and Prevention (CDC) recently issued guidance titled “CDC Activities and Initiatives Supporting the COVID-19 response and the President’s Plan for Opening America Up Again.” The 60-page document details the initiatives, activities, and tools the CDC is using to support the effort to reopen the country amid the ongoing COVID-19 emergency, as well as interim guidance for child care programs, schools and day camps, employers with high-risk workers, restaurants and bars, and...

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May 26, 2020 | Two award winning public affairs firms join forces to deliver a comprehensive transatlantic service to their clients in the U.S and E.U. WASHINGTON, DC & BRUSSELS/DUBLIN (Tuesday, May 26, 2020) Brussels firm Vulcan Consulting and Washington DC based firm VH Strategies today announced the forging of a strategic partnership between their two operations that will allow the firms to provide comprehensive transatlantic services to their clients. Industries and organisations with transatlantic business interests will be serviced by trusted partners with a...

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April 2020 | All businesses are feeling the impact of the global lockdown due to COVID-19. Evaluating your accounting practices can place you in a better position to endure and emerge in the post-pandemic world. The humanitarian cost of the COVID-19 pandemic to communities across the world is vast and continues to grow at a troubling rate. While the priority is on safety and healthcare systems dealing with the surge of new activity and threats, concerns for business and the economy are...

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Decree Law no. 33 of 16 May 2020 and PMD of 17 May 2020 After the start of Phase 2 (which began on 4 May 2020) the Italian government adopted on 16 May Law Decree no. 33 concerning, inter alia, "Further urgent measures to deal with the COVID-19 outbreak" (the "DL 16 May 2020"). Moreover, on 17 May 2020, in implementation of the aforementioned DL 16 May 2020, the Prime Minister issued a new decree with specific implementing provisions (the "PMD 17...

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May 22, 2020 | Negotiations between the United Kingdom (U.K.) Government and the European Union (EU) on their post-Brexit relationship will continue into their fourth round on 1 June, following three negotiating rounds that have so far been inconclusive. If this continues, the U.K. and EU must mutually agree by the end of June whether to extend the transition period beyond 2020. If they decide not to extend, and they do not reach an agreement on their new trading terms, the...

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May, 2020 | And U.S. companies continue to be required to report after closing of acquisitions by foreign entities of 10%-or-more of their voting equity The U.S. Department of Commerce’s Bureau of Economic Analysis (“BEA”) collects statistics related to U.S. international investment and trade in services. This alert summarizes a current BEA reporting requirement related to U.S. investment abroad and key BEA reporting requirements related to foreign direct investment in the United States. These requirements are independent of filings with and proceedings...

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May 21, 2020 | German Chancellor Angela Merkel and French President Emmanuel Macron presented a joint initiative for a €500 billion coronavirus Recovery Fund to kickstart Europe’s economic recovery. In a surprise move for the German Chancellor, however, the fund is to be financed through mutual debt, i.e. Eurobonds. The proposal is a u-turn by Germany which had been one of the most ardent opponents of any mutualisation of national debt at the EU-level over fears that it may be called upon should...

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May 20, 2020 | Key insights • On May 15, the SBA issued the long-awaited PPP loan forgiveness application and instructions. • Most organizations should be able to include a full eight weeks’ worth of payroll and nonpayroll costs. • We believe there is much to like about the new guidance — but we have some dislikes as well. • As the lawmaking process continues to play out, we will post updates. On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was...

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