Member News

Member News

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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Member News

Update on Property Tax Issues: January 2018

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on Germany, Greece and parts of the United Kingdom. There is a separate IPTI report on...

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Member News

Stout ranks as a top fairness opinion provider in 2017

Stout is pleased to once again be recognized as one of the top U.S. fairness opinion providers according to Thomson Reuters' Mergers & Acquisitions Review, Full Year 2017. Stout advised on more than 50 transactions in 2017. As a leading fairness opinion provider, Stout leverages its considerable investment banking and valuation experience to assist clients in making sound business decisions and completing their critical transactions. For the past six years, Stout has consistently ranked as a top fairness...

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Member News

Significant Changes Coming to California Proposition 65 for Consumer Products

By David J. Evan  | Partner | GDLSK The California Proposition 65 “safe harbor” warning requirement will undergo significant changes later this year for products that are manufactured on or after August 30, 2018.  The law, commonly known as “Prop 65”, requires companies to provide a “clear and reasonable” warning to consumers for products sold in California that contain a chemical(s) on the Prop 65 list. The warning must be visible to the consumer before any exposure occurs. With regard to warnings...

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Member News

The weekly Vulcan View for the 22nd to the 26th of January featuring analysis of the latest EU developments

By Vulcan Consulting KEY EVENTS THIS WEEK: GERMANY Brief coalition breakthrough reached as remaining hurdles mount Berlin experienced a temporary reprieve early last week when the Social Democrats (SPD) voted on Sunday in favour of formal coalition talks with Chancellor Angela Merkel’s conservative CSU-CDU bloc. The centre-left party has grown exceedingly divided over whether to re-enter another grand coalition with Ms. Merkel or spend a term rebuilding the party in the opposition benches.   As anticipated, the vote was extremely...

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A Look Ahead at Privacy and Data Security in 2018

By Edward Holman, Beth George and Bastiaan Suurmond | Wilson Sonsini Goodrich & Rosati 2018 promises to be an interesting year in the world of privacy and cybersecurity. In this article, we highlight a few of the most notable developments we expect this year, including major developments in Europe, changes and pending cases at the Federal Trade Commission (FTC), notable U.S. Supreme Court cases scheduled to be decided this year, and some areas of legislation that actually may...

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Member News

A Review of the World Economy

By William R. Rhodes – President & CEO | William R. Rhodes Global Advisors, LLC | Remarks given on January 19th at the Lotos Club Let me give you a brief rundown of how I see the world economy, concentrating ON the US and China.  First of all, let me give you the Good News. The world economy is likely to continue in 2018 to display the significant economic growth that emerged in 2017. This results from improved investment, strengthened world...

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Member News

AlixPartners promotes economics consulting professional to Managing Director

By Alix Partners We are delighted to report that our colleague, Derek Holt, has been promoted to Managing Director in our European economics consulting practice. Derek’s promotion reflects his substantial contribution across a range of competition and regulatory cases.   In 2017 alone, Derek acted as an independent expert for: Visa Inc. in relation to various interchange fee Court litigation (where the Court decided that Article 101(1) had not been infringed); Visa Inc. in relation to the European Commission’s investigation of inter-regional interchange...

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Member News

Tax Update: Big Changes in the Estate and Gift Tax Laws Require Attention

By Alexia M. Fishman | Member | Cozen O'Connor |(800) 523-2900  |afishmancozen.com The new tax law represents the most comprehensive overhaul of the Internal Revenue Code since 1986 and includes important changes to the estate and gift tax rules that likely will have an impact on your estate plan, the state you may choose to be your residence, or your charitable giving.  We want to highlight these important changes: Annual Gift Amount Increased. For 2018, the annual gift tax exclusion amount for gifts...

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DS-Concept Announces $30 Million Trade Finance Facility for Chinese Chemicals Trading Company

By DS-Concept DS-Concept has provided a $30 million credit facility to a trading company specializing in chemicals that are widely used in coatings, adhesives, X-ray films, and refinery. The company, based in China and exporting to the U.S., Europe, and South America, is applying the facility to finance open account terms with buyers overseas, fill more orders, and pursue additional commodity opportunities with larger clients, furthering its coveted position as a leading chemicals supplier. As the US and Europe phase out...

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