Member News

Member News

EU: The WP 29 has adopted two new guidelines for the purposes of the GDPR

By Jaroslav Tajbr | jaroslav.tajbrnoerr.com |Senior Associate | Noerr The General Data Protection Regulation (“GDPR”) is a new regulation that will apply from 25th May 2018. It brings into being new legal institutions in order to provide more protection for the personal data rights of individuals in the European Union. Data protection is further interpreted by Article 29 Data Protection Working Party (“WP 29”). Its purpose is to provide expert advice, promote consistent application, give opinions to the European Commission, and...

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Member News

Stout opens two offices in Switzerland

By Stout Stout announces the opening of two offices in Switzerland. Located in Geneva and Lausanne, Stout’s first Europe-based offices provide cross-border transaction coverage for Switzerland and the market regions of Western Europe, the Middle East, and Africa. In conjunction with this announcement, Stout welcomes two investment banking veterans as Managing Directors to lead the offices. Stephane Oury will head the Geneva office, and Christophe Lapaque will head the Lausanne office. Together they have more than 30 years’ experience in international...

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Member News

Highlights of the Week in Currency Markets

By Andrew C. Collins  | BANNOCKBURN Global Forex LLC  Quite a week in currency markets – let’s hit the highlights. Bank of England raises rates a quarter point to 0.5% but signals that will be the last hike for a while. GBP gets crushed. FOMC leaves rates unchanged – market still expects a hike at the December meeting, the last of 2017. Dollar performs quite well overall, equity markets extend their broad-based rally. President Trump nominates Jerome Powell to replace...

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Member News

Orrick Ranks #1 in Europe, #3 Globally for Venture Capital, #1 Globally for Exits, According to Pitchbook

By Orrick PitchBook ranks Orrick #1 in European venture capital for the third quarter of 2017. This is the seventh quarter in a row that Orrick has ranked #1 for VC in Europe. Globally, the firm ranked #3 and as the most active law firm for exits. Orrick counsels more than 1,600 high growth companies and 100 VC firms. In 2016, Orrick completed over 330 transactions across 35 countries valued at $5 billion in VC financings. Over the past three years,...

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Member News

DLA Piper launches Finance Rules of the World

By DLA Piper   DLA Piper's global Finance & Projects practice has today launched Finance Rules of the World, a knowledge site for clients, which summarizes key legal questions and answers to be considered when initially looking at financing or investing in particular jurisdictions. The free and easy-to-use site can be accessed online via PC, iPad or smartphone and lets users compare regimes across more than 35 jurisdictions in EMEA, Asia Pacific and the US. Its topics include the rules and market...

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Member News

Employment-Based Adjustment Applicants Will Be Interviewed Prior to Green Card Approval

By Frances Rayer | Cozen O'Connor U.S. Citizenship and Immigration Services (USCIS) recently announced that beginning October 2, 2017, all I-140-based adjustment of status applicants will be required to appear for an in-person interview at a local USCIS office. All individuals who filed I-140-based adjustment of status (I-485) applications on or after March 6, 2017, will now be interviewed before a final decision is made to grant permanent residence. This includes family members of the principal applicant, although the interview may be...

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Member News

December Deadline Approaches for Maintaining DMCA Safe Harbor Protection

By Wilson Sonsini Goodrich & Rosati Companies that wish to benefit from the Digital Millennium Copyright Act's (DMCA's) safe harbors for online service providers are required to use a new electronic system at the Copyright Office to designate an agent for the receipt of notifications of claimed infringement. All service providers, including those who have previously designated agents under the DMCA, must file this information using the electronic system by December 31, 2017. Failure to designate an agent may result...

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Member News

CBP Increases Scrutiny of the Use of Forced Labor for Imported Products

By GRUNFELD | DESIDERIO | LEBOWITZ  |SILVERMAN & KLESTADT LLP U.S. Customs and Border Protection (“CBP”) has recently begun to issue notices advising the importing public about their obligation to ensure that forced labor is not used to make imported products. In addition we have seen instances where CBP has issued questionnaires to importers relating to the use of forced labor to make their goods. These actions stem from two recent changes in the law.  First, under the Trade Facilitation and...

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Member News

Ogletree Deakins Named a “Law Firm of the Year” For Seventh Consecutive Year U.S. News – Best Lawyers® “Best Law Firms”

By Ogletree Deakins Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that the firm has been named a “Law Firm of the Year” for the seventh consecutive year by U.S. News – Best Lawyers® “Best Law Firms”. Only one law firm in each practice area receives the “Law Firm of the Year” designation. In the 2018 edition of the U.S. News – Best Lawyers® “Best Law Firms” list, Ogletree Deakins is...

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Brexit News, Member News

Securing a transitional agreement with the EU is critical for the UK’s business investment outlook

By Mark Gregory | EY Chief Economist Report highlights Business investment is vital for a successful Brexit In 2016, business investment dipped for the first time since 2009, falling 0.4% amid heightened uncertainty in the run-up to the referendum on EU membership. However, despite the June 2016 Brexit vote contributing to a decline in business confidence, business investment grew 0.8% quarter-on-quarter in Q1 2017 and 0.5% in Q2. Stronger business investment is key Going forward, a healthy level of business investment is important. With...

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