The European Electricity Target Model ("Target Model") is a set of harmonised arrangements for the cross-border trading of wholesale energy and balancing services across Europe. This will impact on all participants in the market and ultimately consumers, and will be implemented on the island of Ireland via the Integrated Single Electricity Market ("I-SEM"). The Single Electricity Market (“SEM”) Committee, comprised of both the Commission for Energy Regulation and Northern Ireland's Utility Regulator, published its final decision on the high level design...

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Elena Cuatrecasas moves from Barcelona office to manage the firm’s US office Cuatrecasas, Gonçalves Pereira gives fresh impetus to its New York office, and appoints Elena Cuatrecasas as its managing partner there. The partner will move from the Barcelona office to take over from Miguel Ángel Melero, who held the position in New York between 2010 and 2014 and is now returning to the Madrid office. Elena Cuatrecasas will promote the firm’s international expansion from a strategic position. She stated: “Combined...

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Forty years ago yesterday, Stevie Wonder had the number one song on the Billboard charts with "You Haven't Done Nothin." (Incidentally, Wonder is playing New York's Madison Square Garden tonight.) If you know which superstar group provided background vocals on the politically charged funk song you will be immediately inducted into the TreppWire Rock and Roll Hall of Fame. While US stocks saw a nice little post-election bump, you could say the CMBS market didn't do nothin' on Wednesday. Trading volume...

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Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to announce that the firm has been named “Law Firm of the Year” in the Labor Law - Management category in the 2015 edition of the U.S. News – Best Lawyers® “Best Law Firms” list.This is the fourth consecutive year that Ogletree Deakins has been named a “Law Firm of the Year” and the second consecutive year...

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We are happy to announce that Claude Kremer, one of the founding partners of Arendt & Medernach, was elected to the Board of Directors of the International Investment Funds Association (IIFA) at their annual meeting in Canberra on 21 October 2014. Claude has dedicated his professional life to investment funds and is one of the top specialists in the European fund industry. In 2005, he was a member of the EU Commission expert group on market efficiency for the asset...

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The filing period for “new” H-1B petitions to be counted against the annual H-1B quota (the “H-1B cap”) for FY 2016 will begin on Wednesday, April 1, 2015. Cap-subject H-1B petitions will have an employment start date of October 1, 2015, or later. In preparation for the opening of the FY 2016 H-1B filing period, employers are strongly encouraged to begin identifying current and future employees who will need H-1B visa status to be legally employed in the United...

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Earlier this month we wrote about how the borrower for 400 Atlantic Street in Stamford, Connecticut was expecting to lose its top three tenants, including UBS (50% of the space in that building). Yesterday, Connecticut publication The Day reported that a second Stamford building owner has hired a real estate firm to assess the market in the event UBS leaves its space. Cushman & Wakefield is the process of reviewing the market for 677 Washington Boulevard. The 400 Atlantic Street CMBS loan is bigger than the one backed by 677 Washington Boulevard,...

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As part of its commitment to the Partnership for a Healthier America, Nutri Ventures presents the Nutri-Guardians project to make nutrition education more fun and effective. NEW YORK CITY (Oct 21, 2014) – From now on, education and health professionals worldwide will have innovative tools, available for free, to introduce children aged 4 to 10 to the subject of healthy lifestyles and nutrition in a fun and exciting way. Under the agreement announced during the Partnership for a Healthier America’s (PHA)...

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Optimizing the use of energy is an ongoing challenge for industrial companies, also for the beverage industry. The Dutch brewery group Heineken is integrating large solar power facilities featuring an area of 7,850 m² of solar collectors based on know-how supplied by the Austrian company AEE for sites in Austria, Spain and Portugal. Large amounts of thermal and electrical energy are required to produce beer. At present this energy is primarily derived from fossil fuels, says Matthäus Hubmann of the...

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Unrestricted use of email, social media and file hosting services can have damaging effects on employers’ reputation and business. Bullying, discrimination, defamation, virus exposure, lost productivity and transferring confidential information and trade secrets are just some of the issues that can arise from misuse of telephone, email and Internet at work. Monitoring workers’ use of communication systems or their surveillance by CCTV may seem like a good way to protect business interests. However, this must be balanced with, and not...

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