Chapter News, News

Food Safety: EU harmonises the use of flavouring substances

At a meeting of the Standing Committee yesterday on the Food Chain and Animal Health (SCoFCAH), Member States endorsed a Commission proposal on the establishment of a European Union list of permitted flavouring substances and a transitional measure on other flavourings. While flavourings have a long history of safe use in a wide variety of food, consumers and companies currently face divergent national provisions. These two new pieces of legislation, which will enter into force once the comitology procedure will...

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Member News, News

Complying with bribery laws in key European jurisdictions

EACCNY Member DE BRAUW BLACKSTONE WESTBROEK provided us with a brief overview of some of the key features of the laws against bribery in the home states of the contributing firms: France, Germany, Italy, Spain, the Netherlands and the United Kingdom (together, the “Six States”; individually, a “State”) and some practical guidance on the use of a single set of procedures which might be designed to prevent bribery so as to avoid or mitigate liability in each of them. It...

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Member News, News

Croatia celebrates Breakfast at Tiffany with Julian Rachlin & Friends

Celebrations in advance of Croatia joining the European Union scheduled on July 1, 2013 started with a Breakfast at Tiffany at the flag ship store on Fifth Avenue, with a concert by Julian Rachlin and Friends, bringing together the Big Apple’s business and cultural leaders. Tiffany & Co is known the world over for its spectacularly beautiful jewelry and for its support for culture. Tiffany & Co. issued a statement that it was honored to host world-renowned musicians, including violinist...

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Chapter News, News

EU Parliament’s Endorses Risk-sharing Instruments for Member States

EU Commission welcomes Parliament’s endorsement of risk-sharing instruments for Member States worst hit by the financial crisis, to contribute to investment and job creation Brussels, 19 April 2012 - The European Parliament has today approved the Commission’s proposal enabling the use of cohesion policy allocations still available to back-up guarantees and loans by financial institutions such as the European Investment Bank (EIB). EU funds will be used to create so-called “risk-sharing instruments”. The measure is intended to address the serious...

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Chapter News, News

Conference on the Enforcement of IP Rights, April 26th

On 26 April, the Commission will organise a conference in Brussels on the enforcement of intellectual property rights, in association with the Danish EU Presidency. This Conference follows on from a Commission Public Hearing in June 2011 and a public consultation on the application of Directive 2004/48/EC on the enforcement of intellectual property rights. It is expected to provide further valuable stakeholder input on intellectual property policy, in the context of a review of the Directive by the Commission. Over...

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Chapter News, News

Entrepreneurship Education on the Increase

Brussels, 13 April 2012 Entrepreneurship education is being increasingly promoted in most European countries, according to a new report published by the European Commission. Eight countries (Denmark, Estonia, Lithuania, the Netherlands, Sweden, Norway, Wales and the Flemish part of Belgium) have launched specific strategies to promote entrepreneurship education, while 13 others (Austria, Bulgaria, the Czech Republic, Finland, Greece, Hungary, Iceland, Liechtenstein, Poland, Slovakia, Slovenia, Spain and Turkey) include it as part of their national lifelong learning, youth or growth strategies. Half of European...

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Chapter News, News

Product safety – Upcoming Presentation of the annual report on Rapex, the rapid alert system for non-food dangerous products

On May 8th, 2012  Commissioner John Dalli will present the key findings of the 2011 annual report published on that day concerning Rapex, the EU-wide rapid alert system for dangerous products. The findings of the report will include the trends in the number of products notified thanks to the system, the top product categories, the most active member states notifying unsafe products, and the countries of origin. The event:  Press Conference with John Dalli, Commissioner for Health and Consumer Policy Directly...

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Member News, News

Burger King Worldwide Holdings, Inc. To List On New York Stock Exchange Through Agreement With Justice Holdings, Limited

News shared by Tegris Advisors: Burger King Worldwide Holdings, Inc. (“Burger King Worldwide”), the world's second largest fast food hamburger restaurant chain, and Justice Holdings Limited (“Justice”) (LSE: JUSH), a publicly listed UK investment vehicle, today announced that they have entered into a definitive business combination agreement. Under the terms of the agreement 3G Capital, a global investment firm and Burger King Worldwide’s principal stockholder, will receive approximately $1.4 billion in cash and continue as the majority shareholder. The Justice shareholders...

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Member News, News

Customs Issues Latest Guidance For Verifications Of Trade Preference Claims (Textiles & Wearing Apparel)

Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP Update As importers of textiles and apparel have observed in recent years, verifications of duty-free / preferential duty claims can oftentimes involve dizzying requests for a myriad of extremely detailed documents -- with claims being subject to rejection for seemingly inconsequential omissions or minor inconsistencies. The exercise has been further complicated by differing interpretations among the ports as to the nature of the required documents. In its latest effort to provide uniformity and clarity...

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Member News, News

Belgium: New Tax Measures in 2012: What to Expect

NautaDutilh Update by Benoît Malvaux and Kurt Demeyere of NautaDutilh After lengthy negotiations to form a government, a political compromise was finally reached.  Prime Minister Di Rupo announced in his State of the Union address on 7 December 2011 that the federal budget deficit must be reduced by EUR 11.3 billion in 2012 in order to meet the criteria set by the Maastricht Treaty.  In this regard, the Act of 28 December 2011 (the "2011 Act") already introduced a number of...

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