Member News

Member News, News

Investors Choose France for the Excellence of its Perfume & Cosmetics Industry

France is more than ever being recognized by international investors looking for opportunities in the perfume and cosmetics sector. There has been an increase recently in the number of companies seeking to invest in this sector, such as the American giant Estée Lauder, which is keen to expand its operations in France,or the Japanese company Adan Silk which has opted to locate its first international operations in France. An historical expertise The success of perfumery in France is, of course, not...

Read more

Member News, News

Pepper Attorneys Presenting at Cross-Border M&A and Litigation Forum

A group of Pepper Attorneys will be Presenting on "A Discussion Looking at Cross-Border Deals in the Auto Industry" at Cross-Border M&A and Litigation Forum on Wednesday, September 18, 2013 at Harvard Club New York. Technology has made the world a smaller and more accessible place, allowing cross-border and multi-national deals to become a viable way to increase revenue. Companies need to be able to craft an M&A deal, consider all international and local standard practices, regulations and laws, as...

Read more

Member News, News

Pepper Hamilton Client Alert: Broker in Disguise?

In the September 2013 Private Equity Manager's challenge, Pepper Hamilton partners Christopher Rossi and Gregory Nowak explain when a firm may need to consider registering as a brokerdealer with the SEC. THE CHALLENGE Can the employees of ABC Capital, a private equity firm and investment advisor to PE Fund I, solicit potential investors for PE Fund II without ABC Capital being required to register as a broker-dealer? (Editors note: A more complete response to this month’s challenge, which addresses deal fees and...

Read more

Member News, News

Dillon Eustace: CIMA Consultation on Corporate Governance Statement of Guidance for Mutual Funds

Background: Following receipt of feedback on its January 2013 consultation on corporate governance for the financial services industry, the Cayman Islands Monetary Authority (“CIMA”) has proposed a Statement of Guidance on Corporate Governance specifically for Mutual Funds (“SOG-MF”). The SOG-MF provides for the first time in the Cayman Islands bespoke guidance on corporate governance standards specifically for the mutual funds industry. The SOG-MF will extend not only to licenced funds, but also to Cayman registered and administered funds (“Funds”). The proposed...

Read more

Member News, News

Fashion Startup Stylewhile Raises New Funding for Changing the Way Clothes Are Shopped Online

EACCNY member Stylewhile, a Finnish fashion startup, has raised a new financing round of 850.000 USD to extend the virtual clothing try-on and shopping experience to the iPad. Investors in the round were Hardwick Overseas, lead investor and an investment company managed by Jari Ovaskainen, Reaktor POLTE, Lifeline Ventures and Tekes. Stylewhile brings together fashion retailers and allows women to try on clothes online, helping them to buy outfits that suit their style and body type. The Stylewhile platform was...

Read more

Member News, News

DeVore & DeMarco Named IP Boutique Law Firm of the Year

We are pleased to announce Acquisition Finance Magazine (ACQ) named EACC New york Member DeVore & DeMarco LLP as “Boutique Law Firm of the Year” in Intellectual Property in its 2013 ACQ Global Awards. Since 2005, the ACQ Global Awards have been celebrating achievement, innovation and brilliance in their annual awards.  The ACQ Awards for Excellence recognize individuals and organizations who exhibit exceptional innovation, leadership, brilliance, and momentum within their specific industries.  ACQ operates an independent nomination process where award winners...

Read more

Member News, News

Making Sense of the Complex Patchwork Created by Nearly One Dozen New Social Media Password Protection Laws

The legislative torrent has been virtually unprecedented in the area of workplace privacy.  In a single season, spring 2013, seven states enacted social media password protection legislation, bringing the total number of states to 11 since Maryland enacted the first such law in May 2012.  Bills are pending in more than 20 other states.  The current roster of states, dominated by the Rocky Mountain Region and the Far West, is as follows:  Arkansas, California, Colorado, Illinois, Maryland, Michigan, Nevada,...

Read more

Member News, News

Workplace Policy Institute: Agencies Release Spring 2013 Regulatory Agendas; Final Persuader Rule Expected in November

Federal agencies have released their spring 2013 regulatory agendas outlining the rules they will likely propose or issue in final form during the next six-month period.  While agencies often stray from their stated goals and deadlines, the agendas provide a glimpse of the issues and topic areas agencies such as the Department of Labor (DOL), Equal Employment Opportunity Commission (EEOC), and Department of Health and Human Services (HHS) consider priorities. The latest agenda reveals that the Obama administration plans...

Read more

Member News, News

AlixPartners: Litigation & Corporate Compliance Survey

Companies are facing more and more legal disputes and as a result, are increasing the size of their legal departments while focusing on a variety of alternative means of dealing with potential litigation, according to AlixPartners' Litigation and Corporate Compliance Survey.¹ As such lawsuits grow more costly and more complex, companies have begun to reassess their compliance programs and implement new tools and processes that can reduce litigation-related risks. Litigation—and Costs—on the Rise Amid tighter regulations and more and more regulatory...

Read more

Member News, News

TREPP: US CMBS Delinquency Rate Falls Once Again

For the third time in the last four months, the Trepp CMBS delinquency rate fell significantly. The rate dropped 17 basis points last month, bringing the delinquency rate for US commercial real estate loans in CMBS to 8.48% in July. This improvement comes on the heels of a 42-basis-point drop in June and a 47-basis-point plunge in April. Only a four-basis-point increase in May interrupted the recent gains in the delinquency picture. The Trepp delinquency rate is now 123 basis...

Read more