Member News

Member News, News

ING-Girls Inc. Investment Challenge Empowers Young Girls to Become Smart Investors

The ING Foundation is awarding college scholarships to teams of young girls who participated in the ING-Girls Inc. Investment Challenge, a program that provides practical, hands-on investing experience to girls at Girls Inc. affiliates around the country. Teams of girls in the first cycle of the challenge from New York City, Denver, and Los Angeles and Alameda counties in California each spent the past three years building and managing a virtual $50,000 diversified, real-time portfolio as part of an integrated...

Read more

Member News, News

McCormick & O’Brien LLP is pleased to announce that BoBi Ahn, Esq. has joined the Firm’s Immigration Practice as a Partner.

Ms. Ahn will lead the Firm’s Immigration practice.  Ms. Ahn’s career in Immigration and Nationality Law spans more than seventeen (17) years representing such premiere international organizations as Goldman Sachs, BNP Paribas, The International Monetary Fund (IMF), P&O Nedlloyd, and The World Bank in all phases of the business and employment related immigration process. She has in-depth experience in all matters of immigration law, including EB-5 Investor filings, as well as employment-based and family-based immigration and visa processing.  She has...

Read more

Member News, News

The Flex BV made simple

The Flex BV made simple: Reaping the benefits from the new Dutch Company rule. NautaDutilh's Flex BV website offers practical insights for taking advantage of the opportunities created by the new rules and requirements for: Management and Supervisory Board Members Private Equity Group Structures Joint Ventures Financiers /Sponsors (In house) lawyers Read more »

Read more

Member News, News

Goldberg Segalla at the Ninth Annual FDCC Corporate Counsel Symposium

EACCNY member Frank Ciano of Goldberg Segalla is speaking at the Ninth Annual FDCC Corporate Counsel Symposium (“CCS”). The forum will be held in Philadelphia at the Four Seasons Hotel from September 12to 14, 2012. More about Frank J. Ciano's presentation can be found at: Protecting Your Company’s Intellectual Property For more complete program information, you can visit the Federation website, www.fdccconferences.org.

Read more

Member News, News

Pepper Hamilton Client Alert: The Consumer Financial Protection Bureau Celebrates First Birthday By Flexing Its Enforcement Muscles: Settlement Costs Capital One $210 Million

Financial institutions have spent a year anticipating and predicting when the Consumer Financial Protection Bureau (CFPB) would put its broad enforcement powers to use. The anticipation ended on July 18, 2012, when the CFPB announced its first enforcement action with the entry of a consent order against Capitol One Bank. See, Stipulation and Consent Order, available at http://files.consumerfinance.gov/f/201207_cfpb_consent_order_0001.pdf. The subject of the consent order was Capital One's marketing practices for credit card add-on products, such as payment protection and credit monitoring....

Read more

Member News, News

Pepper Hamilton, LLP Financial Services Alert

Delaware Imposes New Restrictions on Short-Term Lending On June 27, Delaware Gov. Jack Markell signed into law House Bill 289, legislation that places a number of severe limitations on short-term loans made by a Delaware licensed lender. These limitations will apply to both brick-and-mortar lenders, as well as Internet lenders operating under the Delaware Licensed Lender Act. The new limitations become effective on January 1, 2013. Read more Questions? Contact: Richard P. Eckman | eckmanr@pepperlaw.com Andrew R. Mavraganis | mavraganisa@pepperlaw.com Darcy Lee | leeda@pepperlaw.com* *Darcy Lee is...

Read more

Member News, News

AlixPartners: The U.K. Bribery Act: One Year Later

Enforcement and its Implications for Companies Download PDF Version With the one-year anniversary of the U.K. Bribery Act upon us, companies may be breathing a sigh of relief. To date, not a single successful prosecution has been brought against a company by the U.K.’s Serious Fraud Office (SFO), which is responsible for enforcing the law. However, such relief may, in fact, be premature. Recently, the SFO has reaffirmed its commitment to pursuing bribery cases. As a result, now may not...

Read more

Member News, News

Pepper Hamilton Financial Services Alert: OCC Semiannual Risk Perspective

Financial Services Alert | July 24, 2012 OCC to Banks: Immediately Plan for the Current Risky Environment On July 5, 2012, the Office of the Comptroller of the Currency (OCC) issued its Semiannual Risk Perspective for spring 2012, which concludes that the top risks facing national banks and savings associations are (1) the aftereffects of the recent housing-driven credit boom-bust cycle, (2) revenue challenges related to slow economic growth and market volatility, and (3) the potential that banks may take excessive risks...

Read more

Member News, News

De Brauw Blackstone Westbroek Legal Alert | European Court of Justice gives its blessing to Dutch cross-border practice

Solvay sued one Dutch and two Belgian Honeywell companies regarding infringement of several national parts of a European patent before the District Court of The Hague, claiming that all three companies infringed with the same product in all designated countries. Solvay requested a provisional injunction with cross-border effect for the duration of the main proceedings. On 12 July 2012, the Court of Justice (“CJ”) rendered its eagerly anticipated judgment in Solvay v Honeywell (C-616/10) relevant to the admissibility of cross-border...

Read more

Member News, News

ASML establishes customer co-investment program with Intel as first participant customer

De Brauw Blackstone Westbroek has advised ASML, the world's largest supplier of equipment to computer chip manufacturers, on a customer co-investment program. Intel is the first participant in the customer co-investment program, and has committed to acquire up to a 15% equity ownership interest and to provide R&D funding for an aggregate max amount of 3.3 billion. Other customers are evaluating the program. ASML may issue up to an aggregate 25 percent minority equity stake to customers. Alongside these equity...

Read more