08 Mar
Member News

Troutman Pepper | TMA Amends the U.S. Trademark Act

The Trademark Modernization Act (TMA) amends the U.S. Trademark Act, or Lanham Act, in several important ways, most notably shifting the burden of proving irreparable harm away from trademark owners. First, the TMA clarifies that a plaintiff seeking preliminary or permanent injunctive relief “shall be entitled to a rebuttable presumption of irreparable harm” upon a finding of infringement or a likelihood of success on an infringement claim. Since the U.S. Supreme Court’s decision in eBay, Inc. v. MercExchange, 547 U.S. 388...

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08 Mar
Member News

BBGFX | The ECB: So Much Flexibility and So Little to Do

The ECB meeting is the most important calendar event in the week ahead.  It is true that the US reports February CPI figures, but the base effect surge begins with the March reading.  Still, headline inflation will likely be lifted by rising food and energy prices.  The core rate has been flat for the past two months, and a small rise should not be surprising. Last March, headline CPI fell by 0.3%.  In April, it tumbled 0.7% and another 0.1%...

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05 Mar
Member News

WSGR | Council of the EU Adopts Its Text on the ePrivacy Regulation

On February 10, 2021, the Council of the European Union (EU) agreed on its version of the draft ePrivacy Regulation (Council Position). The long-awaited ePrivacy Regulation, which will repeal the existing ePrivacy Directive, overhauls the rules on cookies and regulates the use of and access to electronic communications data. The new ePrivacy Regulation will directly regulate telecom operators, providers of voice over IP, messaging and web-based email services, as well as other types of digital communication services. Importantly, it will...

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05 Mar
Chapter News, COVID-19 News

International Women’s Day 2021: COVID-19 pandemic is a major challenge for gender equality

Ahead of International Women's Day, the Commission published its 2021 report on gender equality in the EU, that shows the negative impact of the COVID-19 pandemic on women. The pandemic has exacerbated existing inequalities between women and men in almost all areas of life, both in Europe and beyond, rolling back on the hard-won achievements of past years. At the same time, gender equality has never been so high up on the EU's political agenda, and the Commission has made...

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05 Mar
Chapter News, Trade & TTIP Related

USTR | Biden Administration Releases 2021 President’s Trade Agenda and 2020 Annual Report

March 01, 2021 | WASHINGTON | The Office of the United States Trade Representative today delivered President Biden’s 2021 Trade Agenda and 2020 Annual Report to Congress, detailing a comprehensive trade policy in support of the Administration’s effort to help the U.S. recover from the COVID-19 pandemic and build back better. The President’s agenda will create millions of good-paying jobs and support America’s working families by tackling four national challenges: building a stronger industrial and innovation base so the future is made...

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05 Mar
Chapter News

IMF | Engendering the Recovery: Budgeting with Women in Mind

International Women’s Day, March 8, marks a year from the start of widespread lockdowns in response to COVID-19. As an IMF blog warned back in July, women have borne the economic and social brunt of the pandemic. With many governments preparing budgets for the next fiscal year, we now have a golden opportunity to counter this inequity. We offer a starter kit for gender budgeting to help countries focus resources on women, and ensure future budgets are better for them than previous...

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05 Mar
COVID-19 News, Member News

AlixPartners | COVID-19’s impact on aircraft lessors: Are the dominoes starting to fall?

Aircraft lessors have been one of the biggest beneficiaries of the air travel boom of the last three decades, becoming a powerful force and an essential link in the aviation value chain. In 2019, lessors made up 50% of Airbus and Boeing deliveries through either direct contracts or sale-and-leaseback transactions. Lessors provide airlines aircraft financing in various forms and act as a buffer between aircraft OEMs and operators. This position helped them weather some of the initial shock of...

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05 Mar
Member News

Vulcan Insight | Déjà vu as the UK again intends to break Brexit Agreement

With just hours to spare before the European Parliament was set to decide its schedule on ratifying the post-Brexit agreement, the UK Government’s announcement that it would temporarily, but unilaterally, change the rules for trade into Northern Ireland caused indignation across Brussels and national capitals. In a way, it is a stunning repeat of the controversy around the UK Government’s September proposal to “break international law in a specific and limited way” through its Internal Market Bill. This latest dispute between...

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04 Mar
Member News, Trade & TTIP Related

Thompson Hine | U.S. and UK Temporarily Suspend WTO Retaliatory Tariffs on Large Civilian Aircraft

On March 4, 2021, the United States and the United Kingdom released a joint statement announcing a suspension of World Trade Organization (WTO)-authorized retaliatory tariffs in the WTO’s longest-running trade dispute involving government subsidies for large civilian aircraft.  The statement notes that the UK ceased applying retaliatory tariffs on January 1, 2021, and that the U.S. will suspend its retaliatory tariffs on March 4, 2021.  Both parties agreed to suspend their retaliatory tariffs for a period of four months, until July...

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04 Mar
Chapter News

EU Council approves greater corporate transparency for big multinationals

The EU is taking measures to enhance corporate transparency of big multinational companies. Member states’ ambassadors today mandated the Portuguese presidency to engage in negotiations with the European Parliament for the swift adoption of the proposed directive on the disclosure of income tax information by certain undertakings and branches, commonly referred to as the public country-by-country reporting (CBCR) directive. The directive requires multinational enterprises or standalone undertakings with a total consolidated revenue of more than €750 million in each of...

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