Member News

Member News

ING Group:ING to call USD 1,100 million 7.20% perpetual on 15 March 2017

ING Group announced today it will redeem USD 1,100 million 7.20% ING Perpetual Debt Securities on the call date of 15 March 2017, in line with ING's goal to continuously optimize its capital structure. The securities (CUSIP: 456837301) will be redeemed in full in accordance with their terms on the redemption date which is 15 March 2017 The redemption price payable for the securities on the redemption date will equal 100% of the aggregate principal amount of the securities, plus...

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Member News

The Top 5 International Data Privacy Issues for Employers in 2017

As employers catch their breaths after an action-packed 2016, they need to gear up for another turbulent year for international data privacy issues in 2017. The top five international data privacy issues follow. 1.      Preparation for the GDPR Although the EU General Data Protection Regulation (GDPR) will not take effect until May 2018, it is critical that employers begin preparations for compliance in 2017 to timely implement the new obligations imposed by the GDPR. Among other requirements, the GDPR will require...

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Member News

Apple v. Samsung – the Federal Circuit punts to the District Court to determine the test for design patent damages

One of the cases we are following closely in 2017 is Apple Inc. v. Samsung Electronics Co., Ltd., Nos. 2014-1335, 2015-1029 (Fed. Cir.), which involves the test for determining damages available for infringement of a design patent On February 7, 2017, on remand from the U.S. Supreme Court, the Federal Circuit declined to address the key remaining legal issue in the Apple v. Samsung case – how a court should go about identifying the relevant “article of manufacture” for which...

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Member News, Trade & TTIP Related

Canceling or Renegotiating Trade Agreements: How does that work

By Jeremiah Baronberg Previously published on bluestarstrategies.com see here During the recent U.S. presidential campaign, Donald Trump made reshaping America’s involvement in international economic affairs a centerpiece of his platform. As a candidate, he specifically called out international trade—from abandoned factories to lost jobs and competitive wages—as a locus for many of the economic and societal challenges facing the country. Since being elected president, Mr. Trump has gone so far as to threaten to "tear up" or renegotiate existing U.S. free...

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Member News

VALUATION AND LITIGATION BRIEFING, FEBRUARY 2017

KNOW THE DIFFERENCES BETWEEN FAIR MARKET VALUE AND FAIR VALUE The terms “fair value” and “fair market value” are sometimes used interchangeably. To a business valuation professional, however, they have very different meanings. Adding to the confusion, “fair value” may be statutorily defined for shareholder litigation and divorce purposes — and that definition may vary depending on the case’s venue. Moreover, fair value means something entirely different when it’s used for financial reporting purposes. (See “Fair value under GAAP.”) Ultimately, an...

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Member News

Changes in WTCA Representation in Europe

NEW YORK, NY, USA -  World Trade Centers Association (WTCA) is pleased to announce that Toby Monckton has been appointed to succeed Estelle LeClercq as European Regional Director, as Estelle’s tenure with our organization comes to a close.  Estelle LeClercq has been with the WTCA for almost 12 years. Before being named as Regional Development Manager for Europe in June 2014, Estelle spent 9 years as a Senior Manager at WTC Lille where she was heavily involved in its core...

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Member News

Private Fund Limited Partnerships: the UK’s new flexible real estate investment structure for 2017

Over €50 billion of capital is expected to be invested in global real estate during 2017, with North American investors on target to grow their global real estate allocation from 11.3% to 12.1%.  These are the results from the fourth global Investment Intentions Survey 2017, published this month by INREV, ANREV and PREA.  The survey, which specifically focuses on non-listed real estate funds, has a number of other interesting findings. It is anticipated, for example, that 74.1% of these global...

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Member News

Private equity and venture capital in the USA (outbound investment)

As we consider the state of global investment activity, we can look back at the statistics of 2016 which show a reasonable year for cross-border investments, an increasing confidence of VCs and corporate investors (CVCs) supporting fast growth businesses in a different jurisdiction.  This has mainly been US investors taking equity in European and Asian companies, but outbound Asian investors are being more prominent in the league tables, particularly outbound from China in tech businesses.  However, there are many other...

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Member News

Reavis Parent Lehrer Partner Mark H. Moore on Federal Anti-Hacking Statutes in December Corporate Counsel

Previously published at corpcounsel.com see here Four Things You Need to Know about Federal Anti-Hacking Statutes in Employment Disputes Every time an employee logs onto a work computer, and every time an employer shows an interest in what that employee is up to, there is a possibility that the federal anti-hacking statutes, the Stored Communications Act (SCA) and the Computer Fraud and Abuse Act (CFAA), will come into play. These statutes, designed to prevent unauthorized use or interference with electronic communications and...

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Member News, Trade & TTIP Related

A trade plan that keeps the US open and workers safe? It’s possible.

By Karen Tramontano,  opinion contributor, previously published at thehill.com see here During the presidential campaign and in the months after the election, Donald Trump Team Trump should get in the union-busting business Green Party blasts Dems on DeVos confirmation Why the Iranian people support a tougher policy toward Tehran MORE made clear his intention to reshape America’s approach to international economic affairs. This included renegotiating or withdrawing the United States from the North American Free Trade Agreement (NAFTA), the 1994 pact signed...

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