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Erik Smithweiss, Partner at GDLSK, will be speaking at a Webinar on Exclusion Requests for Steel and Aluminum Tariffs

By GDLSK Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association.  The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018.  For more information on the webinar and to register, please click HERE. For a related article on the proposed tariffs, please click HERE. Compliments of Grunfeld, Desiderio, Lebowitz, Silverman &...

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Philips Lighting announces intention to change company name to Signify while keeping the Philips brand for its products

Philips Lighting - Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced its intention to change its name from Philips Lighting to Signify. The choice of the new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning. The company will continue to use the Philips brand, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips. "We're excited to announce our new company name as another...

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EY survey finds savings from US tax reform spurs reinvestment through research & development and mergers & acquisitions

Ernst & Young - 73% of companies surveyed are likely to accelerate M&A strategies, driven by mid-cap companies 48% of companies surveyed are willing to pay more to acquire companies now compared to before tax reform 89% of companies surveyed plan to enhance compensation US companies are eying growth initiatives as they seek to deploy anticipated tax savings from the Tax Cut and Jobs Act (TCJA), according to the EY Tax Reform Dollar Deployment Survey, conducted jointly by Ernst &...

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Lisbon, Porto and Cascais take top spots in City Brand Ranking

aciep - Portugal Global Trade and Investment Agency -   Lisbon once again topped the City Brand Ranking that analyses business, tourism and living conditions of the 308 Portuguese municipalities, with Porto and Cascais taking the second and third spots, Bloom Consulting said on Tuesday. In this fifth edition of the annual study, which measures how the municipalities are seen and classifies the performance of each one's brand, Lisbon was ranked first in all three categories: "Business," "Visiting" and "Living". The top 10...

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Avalanche Predicted for Healthcare Private Equity

BDO USA - Flushed with cash, investors continue to pour capital into their coffers, signaling an optimistic outlook for profitable opportunities. KKR’s $1.45 billion Health Care Strategic Growth Fund and Athyrium Capital Management LP and Neuberger Berman’s $2.025 billion healthcare fund are just two of the largest healthcare focused private equity funds to close recently. On the strategic side, recently announced megamergers, such as CVS’s agreement to acquire Aetna for a whopping $69 billion, will leave competitors with no choice but...

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From Geneva to Amelia Island: twin faces of a single passion

Pirelli - The passion for motors takes many different forms, spanning distant generations and drivers in search of a variety of different sensations and emotions, from the classic roar of a powerful engine to the latest hi-tech innovations. The most essential elements, shared by all, are a steering wheel (apart from driverless vehicles, that is), four wheels and a road. And the desire to get together to share a common ritual, seeing oneself mirrored in the ever-changing legend of the...

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U.S. Companies with Foreign Ownership Face Reporting Deadline

Cozen O'Conner - Background The BEA conducts a number of surveys to collect data on foreign direct investment in the United States. Reporting to the BEA is mandatory. Any data collected is confidential, and the reporting entity’s prior permission is required before the BEA can release it in any form that would allow the data of an individual reporting entity to be identified. Failure to participate in any mandatory survey may subject the entity and its directors, officers, and employees to...

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Commission report on patent settlement agreements

Houthoff - On 9 March 2018, the European Commission published its 8th monitoring report on pharmaceutical patent settlements. The monitoring process was launched in 2009 as a result of the pharmaceutical sector inquiry. The sector inquiry report indicated that settlement agreements that limit entry of generic medicines onto the market and include a value transfer from an originator company to one or more generic companies are an example of potentially anti-competitive agreements. Such agreements may have negative effects on consumers...

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Let’s Make a Deal: Europe and Latin America

BlueStar Strategies - In remarks before his trip to Latin America last month, U.S. Secretary of State Rex Tillerson mused about the importance of the Monroe Doctrine, which he called “as relevant today as the day it was written.” Latin American leaders and analysts were largely nonplussed by the Trump administration’s invocation of the nearly 200-year old policy, originally conceived to oppose any efforts by Europe to reassert power over its former colonies in the hemisphere. To be sure, the...

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Philips Lighting introduces LiFi: broadband data through light

Philips Lighting - Philips Lighting introduces LiFi: broadband data through light French company Icade pilots Philips LiFi-enabled luminaires at its smart office in Paris Secure and highly stable high-speed Internet connection without compromising light quality First major lighting company to LiFi-enable regular office luminaires Philips Lighting (Euronext: LIGHT), the world leader in lighting, is now offering Light Fidelity (LiFi), a technology in which high quality LED lighting provides a broadband Internet connection through light waves. As the lighting company for...

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