21 Mar
Member News

AlixPartners | Retail Viewpoint: How to Alleviate Inventory Issues in the Short and Long Term

We’ve spoken of shifts in consumer sentiment and spending habits as a pandemic- and post-pandemic phenomenon, but it’s clear they are no longer just trends: these changes are here to stay. Retailers are facing the pressure as inflation has decreased consumer spend while heightened interest rates have made capital more expensive than it has been in quite some time. Geopolitical tensions further exacerbate concerns as the Suez and Panama Canals, two of the world's major supply chain channels, are operating well...

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19 Mar
Member News

PwC | Trusted data: 5 essential considerations for the tax department

Data is the cornerstone of a business, and its volumes are skyrocketing. It’s no wonder that data strategy accelerates overall business strategy across functions. And the tax department is no exception. The global tax compliance landscape is shifting quickly amid Pillar Two implementation, multicountry reporting requirements and ESG opportunities such as potential credits and incentives. But if your tax department is using the same data flows and techniques it’s used for a decade or more, your company may be susceptible...

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14 Mar
Member News

Greenberg Traurig | H-1B Cap Registration Period Now Open

The registration period for the fiscal year (FY) 2025 H-1B cap petitions opened at noon ET March 6, 2024, and will continue to run through noon ET March 22, 2024. Employers seeking to file an H-1B cap-subject petition must electronically register during this period using a U.S. Citizenship and Immigration Services (USCIS) online account. The registration process includes basic information about the prospective petitioner and each beneficiary along with a $10 registration fee for each beneficiary. The registration process...

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14 Mar
Member News

Arendt | Impact of the Luxembourg Pillar 2 Rules on 2023 Annual and Consolidated Accounts

In February and March 2024, the Luxembourg Accounting Standards Board (CNC) published two Q&As_ (No. 24/031 and No. 24/032) that provide useful guidance on how the law of 22 December 2023_ implementing Council Directive (EU) 2022/2523_ of 14 December 2022 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (Pillar 2 Law) will impact financial disclosures and the disclosure of deferred tax expenses in the notes to the financial statements of in-scope Luxembourg entities and...

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14 Mar
Member News

Stradley Ronon | DOJ’s Pilot Whistleblower Program: What Does It Mean for Businesses?

Deputy Attorney General Lisa Monaco announced on March 7 that the U.S. Department of Justice (DOJ) will launch a pilot whistleblower program that will offer financial incentives for individuals to report allegations of criminal wrongdoing to the DOJ. The program will be launched later this year following a 90-day process to develop and implement the pilot. The new initiative will expand upon the DOJ’s recent efforts to incentivize voluntary self-disclosure and will create a counterpart program to those already...

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14 Mar
Chapter News

EU Commission | The EU in 2023: Succeeding amidst challenging times

At a time of increased geopolitical tensions, the EU has continued to successfully tackle the issues that concern Europeans most in 2023, whilst remaining on track to deliver on the political priorities. That is according to the new edition of the EU General Report, which was published today. The report looks at how we have responded to emerging and existing global challenges, with our ongoing, steadfast support for Ukraine being the highlight. We have provided over €88 billion in financial,...

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13 Mar
Chapter News

Commission Sets Out Key Steps for Managing Climate Risks to Protect People and Prosperity

The European Commission has published a Communication on managing climate risks in Europe on March 13th. It sets out how the EU and its Member States can better anticipate, understand, and address growing climate risks. It further presents how they can prepare and implement policies that save lives, cut costs, and protect prosperity across the EU. The Communication responds to the first ever European Climate Risk Assessment (EUCRA), a scientific report by the European Environment Agency. Together, they are a...

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13 Mar
Member News

Reavis Page Jump LLP Recognized as One of Nation’s Best Law Firms

Every year, “Best Lawyers,” a peer reviewed legal publication, selects who they deem to be the best lawyers and the best law firms in the United States on the basis of carefully selected criteria. Of course, we know that all of our lawyers are the “best lawyers,” and we are fortunate to be working with and continually learning from each other. We take this opportunity to recognize our excellent and committed support staff, without whom the firm could not...

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12 Mar
Chapter News

President Biden’s Fiscal Year 2025 Budget Would Strengthen Commerce Department’s Mission to Boost American Innovation and Competitiveness

Proposed Budget Supports Key Commerce Department Initiatives and Programs to Increase Access to Good Jobs, Strengthen Competitiveness in the 21st Century The Biden-Harris Administration submitted to Congress the President’s Budget for Fiscal Year 2025. Following historic progress made since the President took office—with nearly 15 million jobs created and inflation down two-thirds—President Biden’s 2025 Budget expands on the Department’s work as part of the Biden-Harris Administration’s Investing in America Agenda to promote access to good-paying jobs and equitable growth, bolster...

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12 Mar
Member News

Gide | Artificial Intelligence, European legislation and legal issues

EACCNY Member Gide Loyrette Nouel is pleased to present an analysis of "Artificial Intelligence, European legislation and legal issues", which aims to introduce the European legislation currently being adopted (AI ACT in the version approved on 2 February 2024), but also to examine the legal issues of AI across 10 sectors of activity. Author: Thierry Bonneau - Senior Counsel, Gide Loyrette Nouel  The genesis of the notion of artificial intelligence ("AI") is a subject of debate. Some trace it back to...

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