Member News

Member News, News

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...

Read more

Member News, News

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...

Read more

Member News, News

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...

Read more

Member News, News

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...

Read more

Member News, News

EU plans retaliatory measures as it attempts to dodge incoming US tariffs and other EU news from the Vulcan View

Vulcan Consulting - UNITED KINGDOM   British – Russian diplomatic feud descends over accusations of spy poisoning   The British government has formally accused the Kremlin of poisoning a former Russia spy and his daughter in Salisbury, England last week. The target, Sergei Skripal, was part of an exchange of a spies between Russia and the UK several years ago but is now in a critical condition in hospital after being poisoned by a nerve agent called Novichok. With all indications pointing to Moscow,...

Read more

Member News, News

3 reasons why Lisbon is booming

aciep - Portugal Global Trade and Investment Agency After a few years as the new European home of choice for millennials, it would seem that Berlin’s bubble has burst. While the number of Brits in the city increased by 79% between 2000 and 2016, last year’s Nestpick survey of the best cities for millennials saw Amsterdam ranked top, with Berlin nestled at number two. One particularly unexpected entry in the top 5, however, was the Portuguese capital Lisbon.Lisbon’s high placement on the list may be...

Read more

Brexit News, Member News, News

Staying ahead of disputes in Europe

Osborne Clarke - US businesses operating in Europe will have no shortage of legal, political and commercial issues on their plate right now, from the implementation of the GDPR and a host of consumer-focussed regulation to the implications of Brexit. So there can be a temptation not to get hung up on ‘boilerplate’ issues like governing law or jurisdiction of contracts. But disputes occur for all sorts of (often unforeseeable) reasons, and what has been agreed in the contract can...

Read more

Member News, News

DS-Concept opens new branch in Peru

DS-Concept - With an export-driven economy ruled by free trade, Peru has become a leading force in Latin America, marked by rates of high growth and low inflation unrivaled in the region. To administer to the liquidity demands of Peruvian businesses and contribute to the country’s further economic success, DS-Concept has opened an office in the capital city of Lima. Located in the extreme west of South America, Peru is one of the most dynamic countries in the world and serves...

Read more

Member News, News

Employee Hard Drive Labelled “Personal Data” Is Not Private

NautaDutilh - For various reasons, employers may wish or need to check files on an employee's desktop or laptop. From a legal point of view, this is often tricky as privacy laws and other legislation may impose restrictions. In Libert v France of 22 February 2018 (available in French), the European Court of Human Rights (ECHR) ruled that employers may access files on an employee's computer which are not clearly marked "private" without violating Article 8 of the European Convention on...

Read more

Member News, News

Tax Reform: What Repeal of ACA Individual Mandate Means & More

BDO USA - On Dec. 22, 2017, President Trump signed sweeping tax reform, formerly known as the Tax Cuts and Jobs Act, into law, marking the largest change to U.S. tax policy in decades. What changes are coming for healthcare organizations? The repeal of the Affordable Care Act’s individual mandate has perhaps the widest-reaching implications, as it will increase the number of uninsured individuals by about 13 million in 2027, according to Congressional Budget Office estimates. A sharp increase in the...

Read more