Chapter News

Parliament adopts major reform of road transport sector

Improving drivers’ working conditions Clear rules on posting of drivers Better enforcement to fight illegal practices Parliament backs revised rules to improve drivers’ working conditions and stop distortion of competition in road transport. MEPs endorsed all three legal acts without any amendments, as adopted by EU ministers in April 2020. The political agreement with the Council was reached in December 2019. The revised rules for posting of drivers, drivers’ driving times and rest periods and better enforcement of cabotage rules (i.e. transport...

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Member News

TroutmanPepper | Five Key Points About the DOL’s New Fiduciary Rule

On June 29, 2020, the U.S. Department of Labor (DOL) announced a new proposed class exemption to certain prohibited transaction restrictions in the Employee Retirement Income Security Act of 1974, as amended (ERISA), and the Internal Revenue Code of 1986, as amended (the Code), entitled “Improving Investment Advice for Workers & Retirees.” The proposed exemption is intended to help workers and retirees by preserving the wide availability of investment advice arrangements and products for retirement investors. The proposed exemption...

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Member News

WSGR | Basics of the Bayh-Dole Act: FAQs

In this Client Advisory, we answer some frequently asked questions (FAQs) about the Bayh-Dole Act or Patent and Trademark Law Amendments Act (Bayh-Dole). What is Bayh-Dole? Bayh-Dole refers to a law (spearheaded by Senators Birch Bayh of Indiana and Bob Dole of Kansas) passed in 1980 that allowed small businesses and non-profit institutions to elect to take title to federally funded inventions under certain terms and conditions. It was enacted to provide incentives to promote commercialization of federally funded inventions. If my...

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Member News

Conduct and Culture – Maintaining the New Mindset in a Period of Rapid Change

Opening Remarks from William R. Rhodes on June 30th | Thanks to John Baskett and 1LoD for the invite to say a few words about the importance of Conduct and Culture for banks and the financial sector in general. As many of you know, the G30 spent almost a decade working on elements of bank governance, conduct, and culture. We issued four reports on aspects of governance: on governance as a whole; on the role of boards and their relationship of...

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Member News

AEMCarnelutti: Italian data protection authority recent fine for failure to comply with Pre-GDPR regime

The Italian Data Protection Authority (“Garante per la protezione dei dati personali” or “Garante”) recently announced that it levied a €600,000 fine on an Italian major banking institution for several violations of the Italian Personal Data Protection Code in its pre-General Data Protection Regulation (“GDPR”) form. The sanction was imposed following a data breach that took place between April 2016 and July 2017 that the banking institution notified to the Garante at the end of July 2017. As a result of the breach,...

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Chapter News

Powering a climate-neutral economy: Commission sets out plans for the energy system of the future and clean hydrogen

To become climate-neutral by 2050, Europe needs to transform its energy system, which accounts for 75% of the EU's greenhouse gas emissions.  The EU strategies for energy system integration and hydrogen, adopted today, will pave the way towards a more efficient and interconnected energy sector, driven by the twin goals of a cleaner planet and a stronger economy. The two strategies present a new clean energy investment agenda, in line with the Commission's Next Generation EU recovery package and the European Green Deal....

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Member News, Trade & TTIP Related

GDLSK: Possible additional retaliatory tariffs on products from the European Union in connection with the U.S. enforcement of WTO rights in large civil aircraft dispute

The Office of the United States Trade Representative (“USTR”) is considering a modification to the list of products from the European Union (“EU”) and United Kingdom (“UK”) subject to Section 301 tariffs and an increase of the additional duties up to 100%. The tariffs were initially imposed on October 18, 2019 in response to a World Trade Organization (“WTO”) ruling that the U.S. may levy up to $7.5 billion annually in countermeasures for EU subsidies provided to aircraft manufacturer...

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Member News

Announcing RPJ’s Newest Partners Ethan Krasnoo and Jill Kahn Marshall

It is with great pride and excitement that we announce the promotion of two of RPJ's attorneys, Ethan Krasnoo and Jill Kahn Marshall, to Partner. Both are exceptional members of the RPJ team, and we congratulate them on their incredible work and accomplishments! Jill Kahn Marshall, previously an Associate with the firm, represents individuals and corporations in the areas of employment law, litigation and dispute resolution and healthcare. Ms. Marshall represents individuals in the negotiation of employment and separation agreements, as well as claims...

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Chapter News

Teleworking is Not Working for the Poor, the Young, and the Women

The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future. Social distancing measures threaten jobs requiring physical presence at the workplace or face-to-face interactions. Those unable to work remotely, unless deemed essential, face a significantly higher risk of reductions in hours or pay, temporary furloughs, or permanent layoffs. What types of jobs and workers are most at...

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Member News

Stibbe: COVID-19 Update and Guidelines published on the Dutch implementation of DAC6

The EU Mandatory Disclosure Directive (“DAC6”), introducing a reporting requirement for intermediaries and/or taxpayers of certain cross-border arrangements that are perceived to be aggressive, is effective as of 1 July in the Netherlands. By his letter of 26 June 2020, the Dutch State Secretary of Finance granted deferral of the Dutch reporting deadlines until 1 January 2021. The same week, the Dutch State Secretary of Finance published its Guidelines on reportable cross-border arrangements by a Decree dated 24 June...

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