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Highest German Court Rules that ASICS’s Ban on Using Price Comparison Websites Violates EU Competition Law

Stibbe - On 19 January 2018, the German Federal Court of Justice (FCJ) published its judgment concerning an appeal brought by shoe manufacturer ASICS against a fining decision. The FCJ ruled that ASICS had infringed competition law by prohibiting its retailers from participating in price comparison websites. The judgment confirms the strict approach of German courts relating to vertical online sales restrictions. In August 2015, the German competition authority fined ASICS for restricting internet sales by authorised distributors in its selective...

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EY: 2018 Global Regulatory Outlook: Time to Face the Future

Ernst & Young -  The approval of Basel III regulations resolves many key banking issues and provides some degree of certainty for the future of capital and liquidity requirements. However, increased fragmentation is expected as banks implement their own versions of reforms. Banks face continued pressure to keep pace with new technologies and respond to challenges and opportunities posed by disruptors to traditional banking models, such as new entrants, open banking and a central bank digital currency (CBDC). Tighter investor and supervisory...

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EY: Top Priorities for European Boards in 2018

Ernst & Young -  The pace and scale of disruption will continue to present a number of challenges to companies; however, opportunities to harness new technology and trends will undoubtedly emerge to reshape business models, improve companies’ performance and value creation, and focus on and address emerging risks. In this continually changing environment, board members need more than ever to focus on key and strategic priorities. That disruption takes many forms, including political instability fueled by economic uncertainty across the world,...

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Brexit News, Member News, News

Vulcan Consulting: Key Events This Week

Vulcan Consulting - BREXIT   Leaked reports reveal potential damage of post-Brexit scenarios   Downing Street was left scrambling this week when a government report examining three post-Brexit scenarios was leaked to a media source. The paper analysed three different options facing the UK government once it leaves the EU and the impact that such outcomes could have on the domestic economy. According to its findings, all three scenarios would leave the British economy in a substantially worse position...

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Lincoln International is Pleased to Present its Latest Food & Beverage DealReader

Lincoln International - Lincoln International is pleased to present its latest Food & Beverage DealReader. This quarterly publication focuses on public market valuation information and selected transactions of interest to owners and managers of food and beverage businesses and their advisors. Topics covered in this issue include: Current food and beverage public market valuations and operational metrics Historical food and beverage public market valuation trends Recent food and beverage merger & acquisition transactions We encourage you to download the pdf version of...

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Ogletree Deakins Promotes Seven to Office Managing Shareholder Position

Ogletree Deakins - Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce new office managing shareholders in the firm’s Detroit (Metro), Houston, Kansas City, Los Angeles, Nashville, Pittsburgh, and St. Thomas offices. The new office managing shareholders were elected to their positions during Ogletree Deakins’ annual Shareholders Meeting. The new office managing shareholders are: Meg Alli, Detroit (Metro) Carolyn Russell, Houston Stacy Bunck, Kansas City David Raizman, Los Angeles Jon Harris, Nashville Michael Glass, Pittsburgh Simone Francis, St. Thomas “I’m excited...

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Ogletree Deakins Elects Two New Board Members

Ogletree Deakins - Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that Phoenix shareholder Nonnie Shivers and Pittsburgh shareholder W. Scott Hardy have been elected to the firm’s Board of Directors. Shivers and Hardy succeed Joseph Clees and Ron Chapman, who are returning to their practices in Phoenix and Dallas, respectively. Shivers has practiced in Ogletree Deakins’ Phoenix office since 2005 and was elected to shareholder in 2013. She focuses her practice...

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Ogletree Deakins Elects Twelve to Equity Shareholder – Half of Newly-Elected Shareholders Are Women

Ogletree Deakins - Ogletree Deakins, one of the largest labor and employment law firms representing management, has elected 12 attorneys to the equity shareholder position. Half of the newly-elected equity shareholders are women, continuing the firm’s trend of promoting female attorneys ahead of the national legal industry average. In January, the firm announced its 2018 new shareholder class, which is more than 70 percent female. The new equity shareholders include: Ellen Toth – Cleveland Adam Dougherty – Dallas Sean Urich – Dallas Leigh Ganchan –...

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Member News

FX Forecast for February 2018

Bannockburn Global Forex -  Outlook for February 1) Bond market weakness and risk appetite  US 10 year bond yields hit their highest level for 4 years at the end of January spurred by the combination of positive economic news, a weak USD and the perception that the period of financial repression is coming to an end as globally central banks all consider exits from asset purchase schemes. While yields are still very low by historic standards the break of the...

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DS-Concept Closes Post Shipment Finance Facility for Prominent Fabric Manufacturer based in Turkey

By DS-Concept DS-Concept has established a new financing relationship with a prominent Turkish producer of silk and other high-quality fabrics that sells to such esteemed brands as Armani, Chanel, and Hugo Boss. The company exports to Europe and Israel and is using DS-Concept’s €350,000 credit facility to support cash transactions with its suppliers. Additionally, with the facility in place, the fabric manufacturer expects to grow its production capacity, increase sales, expand its market share and invest the generated capital in...

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