Manufacturing’s pivot East in recent decades has opened up new opportunities for DS-Concept across the globe, but more recently we have registered demand to open up an office in Los Angeles to allow domestic clients to expand overseas and for foreign businesses to operate with ease in the US. The manufacturing industry’s rapid growth in California has been one of the main drivers of the state’s growth, with $149.79bn in manufactured goods exported in 2014, more than 11% of the...

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Daniel Glazer of Fried Frank LLP, weighs in on Stripe’s Atlas program and the considerations European startup founders need to make before deciding to tackle the US market. Many emerging companies considering expanding to the US have asked us about Stripe Atlas, Stripe’s new offering that cost-effectively combines Delaware incorporation, a taxpayer identification number (EIN), a Silicon Valley Bank account and integration with the Stripe payments network. The concept is clever: the eased access it provides to a US bank account and to Stripe is welcome,...

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Following the decision of the Court of Justice of the European Union (“CJEU”) in Schrems v Data Protection Commissioner and the subsequent statement of the Article 29 Working Party, transfers of personal data from the European Union (“E.U.”) to the United States (“U.S.”) under the Safe Harbor scheme are regarded as potentially unlawful. The European Commission has recently published a draft adequacy decision and detailed provisions for a proposed new data protection framework for the transfer of personal data known...

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AlixPartners is pleased to invite you to participate in our 2016 Global Anti-Money Laundering and Sanctions Compliance Survey. Changing regulatory standards and more stringent expectations regarding anti-money laundering and sanctions compliance have shaped a decade of global adjustments for financial institutions. This survey is focused on understanding how financial institutions are dealing with this shifting environment, particularly in light of budgetary constraints. We value your views and appreciate your willingness to take a few minutes to fill out this survey. This...

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The allocation of risk in the design of contracts for mergers and acquisitions continues to favour sellers in Europe. The selling side is in a much stronger negotiating position – that is the conclusion of the eighth CMS European M&A Study. Last year, sellers were more often able to incorporate lower liability caps and shorter warranty periods into agreements, in addition to negotiating other advantageous risk allocation arrangements. "The ongoing terrorist threat, interest rate rises in the US, the...

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In this short video, Pepper partner Howard S. Goldberg shares his thoughts on inversions - why undertake an inversion and the tax law addressing inversion transactions. • Howard S. Goldberg, Partner | goldberghpepperlaw.com | 215 981-4955 © 2016 Pepper Hamilton LLP - a member of the EACCNY

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Kramer Levin is pleased to announce that Richard E. Farley has joined the firm's Corporate Department as a partner and chair of the firm's Leveraged Finance Group. Mr. Farley is one of the nation's leading leveraged finance lawyers, with experience in complex syndicated loan and high-yield debt financings. His practice centers on representing global commercial and investment banks and alternative investment funds in leveraged buyout financings, recapitalizations and refinancings. Mr. Farley earned his J.D. from the University of Virginia School of Law...

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Allan E. Goodman, President & CEO of the Institute of International Education (IIE), appointed Joyce P. Hendricks to serve as the organization’s Vice President & Chief Philanthropy Officer. Hendricks works with IIE’s President and CEO, as well as the Board of Trustees and senior management to lead fundraising efforts.  She develops and maintains relationships with current stakeholders and potential prospects who have an interest in and desire to support IIE’s world-class services and programs. Hendricks focuses on expanding support for critical...

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Subsequent to our last client information letter, we would like to inform you today about current developments regarding the EU-U.S. Privacy Shield. On 29 February 2016, the EU Commission published a collection of documents on the EU-U.S. Privacy Shield that are to regulate the framework conditions of data transfer to the U.S.A. in the future. The published documents specify the agreement on the content of the key points of the treaty reached between the EU and the U.S.A. about a...

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On March 9, 2016, U.S. Department of Homeland Security (DHS) released an advance copy of the final rule pertaining to optional practical training (OPT) for certain students with degrees in science, technology, engineering, or mathematics (STEM). The official version of the final rule is scheduled to be published in the Federal Register on March 11, 2016. The new rule will permit employers to retain the talents of certain individuals currently dependent on an F-1 nonimmigrant student visa for a...

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