17 Aug
Member News

Troutman Pepper | Noncompete Agreements and The Great Resignation

“The Great Resignation” is upon us. For months, pundits have predicted that millions would leave their jobs as the pandemic subsides, and those predictions have proven prescient. According to The Wall Street Journal, the percentage of people leaving their jobs is higher now than it has been in a generation, and Microsoft’s Work Trend Index reports that more than 40% of the workforce intends to leave their employer this year. Some of these employees will be subject to noncompete/nonsolicitation agreements and may...

Read more

17 Aug
Chapter News, COVID-19 News

State aid: EU Commission gives green light to new synthetic securitisation product under the European Guarantee Fund to further support SMEs affected by the coronavirus outbreak in 22 Member States

The European Commission approved, under EU State aid rules, the introduction of a new  product in the the form of guarantees on synthetic securitisation tranches under the European Guarantee Fund managed by the European Investment Bank Group (consisting of the European Investment Bank, “EIB” and the European Investment Fund, “EIF”) to support companies affected by the coronavirus outbreak in the 22 participating Member States. With an envisaged dedicated budget of €1.4 billion, the new product is expected to mobilise...

Read more

16 Aug
COVID-19 News, Member News

Littler | Mandatory Vaccines or Mandatory Testing? A “Soft Approach”

In its recently amended Technical Assistance Guidance (What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws), the Equal Employment Opportunity Commission (EEOC) made clear that an employer may require COVID-19 vaccines for employees and exclude those with COVID-19, or symptoms associated with COVID-19, from the workplace, because their presence would pose a direct threat to the health or safety of others. Many employers may want to avoid drawing a red line between vaccinated...

Read more

16 Aug
Member News

BioPortUSA | Nothing Ventured, Nothing Gained: What Do European Life Science Companies Need To Do To Assure Success in the USA

The other day I was talking with a friend of mine in Germany who was raving about the benefits associated with the Hydrus Microstent (Ivantis) for glaucoma patients. This is a device that when combined with cataract surgery can help lower the eye pressure of a patient suffering from glaucoma. She focused on the features and benefits for both the patient and the physician. In the United States, a widely used alternative to the Hydrus Stent is the iStent...

Read more

16 Aug
Member News

Via Transportation | Want more riders, better service, and lower expenses? See how this town is achieving all three

Imagine cutting your cost per trip in half, while increasing adoption of public transit by more than 20%. The City of Gainesville, Georgia, has a population of less than 50,000 residents and did just that. Hall County, Ga., like many rural areas in the US, has faced a number of difficulties expanding access to public transit. These challenges have been particularly salient in two areas: The expanded urban zone, and a large rural region surrounding it. Because of the scattershot geography...

Read more

16 Aug
Chapter News

Here is how hydrogen can drive the green revolution

For Europe to become the first carbon-neutral continent by 2050, we need to invest massively in electrification of transport, buildings and industry. There are various renewable electricity solutions, such as hydro, wind or solar energy. And there is clean hydrogen. Hydrogen can be used as a raw material, fuel or energy storage solution. It has many applications in the industrial, transport and construction sectors. Since its use does not cause CO2 emissions, it contributes to the decarbonisation of industrial processes and...

Read more

13 Aug
Member News

EACCNY “Digitalization” Series | The Impact of Schrems II on EU and US Cloud-Based Services

With the help of our members, this thought-leadership series explores the acceleration of "digitalization" due to COVID-19 on both sides of the Atlantic, and across various industries. Today, we present Angelo A. Stio III, Partner, and Robyn R. English-Mezzino, Associate, both at TROUTMAN PEPPER LLP in New York City and Princeton, NJ; along with Vincent Wellens, Partner, and Lindsay Korytko, Senior Associate, both at NAUTADUTILH in Luxembourg. They will address: “The Impact of Schrems II on EU and US...

Read more

13 Aug
Member News

Vulcan Insight | Head-to-head race to succeed Merkel continues

With only some six weeks until Germany goes to the polls on 26 September to replace incumbent Chancellor Angela Merkel, the leading parties continue to be a in head-to-head race – even if their lead candidates seem to disappoint.  After 16 years at the helm of Europe’s largest economy, the race to move into the Chancellery continues to be tighter and more unpredictable than most analysts had expected as a result of mini (and very German) scandals, uninspiring leadership candidates...

Read more

13 Aug
Member News

IPTI | Update on U.S. & EU Property Tax Issues: August 2021

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). UNITED STATES New York: Pandemic could cut assessed property values by 10% The pandemic slammed New York City’s retail, office and hotel sectors, a hit that may mean a sharp...

Read more

13 Aug
Chapter News

IMF Governors Approve a Historic US$650 Billion SDR Allocation of Special Drawing Rights

Washington, DC: The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion) on August 2, 2021, to boost global liquidity.  “This is a historic decision – the largest SDR allocation in the history of the IMF and a shot in the arm for the global economy at a time of unprecedented crisis. The SDR allocation will benefit all members, address the long-term global need for reserves,...

Read more

«‹345346347348349›»