Member News

Member News

“We’re Updating Our Privacy Policies”—Consent Under the GDPR

By Justin T. Tarka (London) | Ogletree Deakins With the General Data Protection Regulation (GDPR), the European Union’s new privacy law having come into effect on 25 May 2018, thousands of companies have been flooding inboxes in recent weeks with emails asking for consent from recipients, seemingly to comply with the GDPR. While it is probably reassuring to hear from those that hold particularly sensitive information—banks, for example—perhaps less welcome are emails from companies with whom email recipients may have had merely occasional contact,...

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TD Seeking Innovative Solutions For A Changing World, Launches The TD Ready Challenge To Help Prepare People And The Economy For The Future

On June 4th, TD  launched the TD Ready Challenge, an annual North American initiative that has ten $1 million (CDN) grants available to help catalyze innovative solutions for a changing world. The announcement follows the recent launch of The Ready Commitment, a multi-year program targeting CDN $1 billion (US $775 million) in total by 2030 towards community giving. The TD Ready Challenge will address the four areas identified within The Ready Commitment as critical to building an inclusive future – Financial Security, a more Vibrant Planet, Connected Communities...

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Anticompetitive agreements: New risks – EU law does not protect against extradition to third countries

By  Sebastian Janka and  Sarah Blazek | Noerr A recent ruling by the European Court of Justice (ECJ) on 10 April 2018 highlights the serious consequences for natural persons of participating in anticompetitive agreements. According to the decision, it is compatible with EU law for EU Member States to extradite citizens of other EU Member States to third countries such as the United States. This applies even if national constitutional law blocks the extradition of that country’s nationals. Such an extradition does not constitute discrimination,...

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Tradewind Provides $1 Million Export Factoring Facility to Auto Parts Trading Company Based in China

Tradewind has announced the closing of a $1 million post shipment finance facility for an international trading company based in China that specializes in the import and export of auto parts. Through its arrangement with Tradewind, the company received the liquidity it needed to support both open account terms requested by its overseas buyers and payment before delivery sought out by its suppliers. The company sells mostly to customers in Europe and the US and, with Tradewind’s assistance, was able...

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Effectively Using Third Party Recruiting Firms To Attract Talent

by Len Adams, C.P.C., President and Chief Executive Officer | ACG Resources  with Comments by Dr Philip Wegner  Expertalis, Germany Whether your business is small (and seeking start up staff) or large (and seeking to replace key executives), there are many methods of identifying and attracting qualified staff, including running ads, Web postings on the company web site, job boards, Linked In, Utilizing Internal recruiting staff, asking for recommendations from existing staff, "networking," or just depending word of mouth candidates. All of...

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What should you know about hiring a recruiting firm for/in Germany

A short supplement by Dr. Philip Wenger, Managing Partner of expertalis GmbH, FMA Member of the Board: A lot of US-facts mentioned by my dear FMA Partner Len Adams, also correspondent to the German market. To summarize: The labor market: extremely tight. Almost full employment nationwide, especially in the south and in the disciplines of Engineering (machinery, electronics), IT, Tax and Sales as well as specialists from all disciplines. As a result of this all of the best candidates are already...

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Bannockburn Global Forex Update: June 2018 FX Outlook

June 2018 FX Outlook   The USD made strong gains against most currencies in May, though it fell back against the JPY as risk appetite weakened sharply at the end of the month. Italian political concerns dominated the second half of May, but USD strength was already well entrenched as widening yield spreads, fading concerns about trade tensions and optimism around Korea initially all helped to support the USD. Although China trade tensions returned at the end of the month...

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The weekly Vulcan View for the 28th of May to the 1st of June featuring analysis of the latest EU developments

KEY EVENTS THIS WEEK: ITALY President gives green-light to populist coalition government The political turmoil that has rocked Italy and the global financial markets appears to have come to an end after the Italian President Sergio Mattarella formally gave his seal of approval to the populist government coalition between the anti-establishment Five Star Movement and the far-right Northern League. The alliance’s chosen prime minister, Giuseppe Conte, presented his list of ministers to the President late last night which was accepted meaning that...

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Getting the Snaps and Tweets into Evidence

By Matthew J. Hamilton, Donna L. Fisher, Jessica K. Southwick | Pepper Hamilton  Litigants who proffer data obtained from social networking sites like Facebook, Twitter and Instagram must authenticate that data before it will be admitted as evidence. Nearly all jurisdictions have a rule of evidence addressing authentication of exhibits and records, many of which mirror Rule 901(a) of the Federal Rules of Evidence. Courts have not agreed, however, on how to satisfy the requirements of Rule 901(a) for social media evidence. Recently, in Commonwealth v....

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DSM links Green House Gas emission reduction to interest rate in new €1 billion Revolving Credit Facility

Royal DSM, a global science-based company active in health, nutrition and materials, today announces that it has successfully concluded a new €1 billion Revolving Credit Facility that links the interest rate of this Facility to DSM’s Green House Gas (GHG) emission reduction. The deal was concluded with a syndicate of 15 banks and replaces two existing Revolving Credit Facilities of in total €1 billion, maturing in 2018 and 2020. For DSM sustainability is a core value, a key responsibility and an...

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