By Catherine Alvino | Marketing Coordinator | Istanbul, Turkey (October 30, 2017)| DS-Concept DS-Concept has provided a € 3 million facility to a recently opened ready-made garment manufacturer in Turkey. The company exports to Spain and the Netherlands and sells to well-known brands such as ITX and Mango. With DS-Concept’s facility in place, the fledgling manufacturer is able to allocate working capital to its higher business goals, such as entering the US market and investing in new technologies. The client sought...

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By Bannockburn Goobal Forex Overview 2018 is shaping up to be a year defined by significant volatility and continued uncertainty.  While consensus has developed around near term US monetary policy, timing and direction of US fiscal policy are anything but certain, and the combined effect of both is unpredictable.  Developments beyond our borders, among them Brexit, central bank actions, and geopolitics will also play a pivotal  role in currency movements in the coming year, and are all subject to a range...

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By Paul Sanderson | IPTI 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, Ireland, and the United Kingdom. There is a separate...

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By Karina Estrella | Trepp It's safe to say that ecommerce has transformed not just the retail sector, but the industrial segment as well. According to the U.S. Department of Commerce, ecommerce sales reached about $395 billion in 2016, which is a 15.6% year-over-year increase from 2015. This acute growth in ecommerce has caused retailers to place more emphasis on improving services for last-mile delivery, which is the transportation of goods from a distribution hub to their final destination.  Last mile...

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By Philip Nolan | +353 1 614 5078 | pnolanmhc.ie | Mason Hayes & Curran Data centres are an increasingly prominent feature of Ireland's policy landscape, as well as its physical landscape. We provide an overview of the key legal issues arising in the context of data centre development in Ireland. Post-Industrial Industry Ireland has not been spared the data requirements of the current, service-intensive phase of internet development sweeping the globe. This technological trend has brought with it the need to...

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By Pirelli | Copyright © 2017 Pirelli & C. S.p.A SELECTED STORIES FROM PIRELLI.COM: An interview with Mark Thompson, president and CEO of The New York Times Company Mark Thompson is probably one of the best-suited and best qualified people in the world today to talk to about the media and current affairs. Currently CEO of The New York Times Company, a job he has held since 2012, he was previously Director-General of the BBC for eight years. In autumn 2016, his...

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By Loyens & Loeff On 25 October 2017 an Advocate General (AG) of the Court of Justice of the European Union (CJEU) delivered his opinion in two Dutch cases about the consequences of the CJEU judgment in the French Groupe Steria case for the Dutch tax consolidation regime (fiscal unity) in situations concerning (i) the Dutch interest deduction limitation rule to prevent base erosion and (ii) the non-deductibility of currency losses on a participation in a non-Dutch/EU subsidiary. Loyens & Loeff...

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By ING ING announced today it has launched ING Ventures, a EUR 300 million fund aimed at investing in fintech companies. To accelerate the pace of innovation, one of ING's strategic priorities, ING Ventures will expand the existing portfolio of investments in the coming four years. ING considers partnering with and investing in fintechs as a key element of its innovation strategy. ING has successfully launched various own innovations in the market, but scanning the outside world for solutions that help...

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By DS-Concept DS-Concept is pleased to announce that it has provided a $2 million post shipment finance facility to a 20 year old network communications technology company with a niche in hard commodity industries. The company is based in the US with 4 international locations and develops proprietary products for its clients in the US, Canada, Australia and Latin America. DS-Concept has structured a facility in two currencies to finance the company’s open account sales to the US and Canada. Due...

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By Gayle Gonda, Michelle White and Jorge Lopez | Litter Mendelson On October 5, 2017, California Governor Jerry Brown signed into law Assembly Bill 450 (“AB 450”), imposing new requirements for public and private employers regarding immigration worksite enforcement actions by Immigration and Customs Enforcement (“ICE”).1 Generally, unless otherwise required by federal law, AB 450 prohibits employers from consenting to ICE access to worksites and employee records in certain circumstances; requires employers to provide specified notices to current employees and...

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