Key Events This Week Italy determined to avoid EU disciplinary action over budget violations The effects of the eurozone crisis continue to be felt in Italy, as the country remains burdened with high public debt, low growth and a fragile banking sector. On Wednesday of this week, the EU issued the excessive deficit procedure (EDP) which acts as a formal warning and is the first in a number of steps that can lead to fines or suspended transfers from the EU...

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By Jake Lehmann Like any living environment, your cybersecurity ecosystem must evolve and adapt to defy emerging threats. CyZen's cybersecurity experts spotlight four powerful techniques to protect your valuable assets for the long haul. 1.Cause the sky is the limit. The beauty of a mobile workforce is the ability for employees to access the resources they need from anywhere. However, securing cloud-based resources becomes increasingly challenging, and without the proper know-how, your employees become slow-moving game for cyber predators. This is where...

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The proposed EU Regulation on Foreign Direct Investment Screening (the “Regulation”) was approved by the European Parliament last February 14, 2019. This development is intended to strengthen the EU and member states legal framework for foreign direct investment (“FDI”). The Regulation introduces numerous procedures and criteria for cooperation among Member States and with the European Commission which is enabled to intervene with an official opinion on the grounds of “public order and security”. The Regulation targets FDI covering any type...

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When first setting up an international office, most fast-growing US companies start with a serviced office space that provides a flexible base of operations for the initial team to begin building the overseas business. As the market opportunity and the team grows, a more permanent office solution becomes more appealing, but sourcing and negotiating for commercial office space varies significantly from the process you may be familiar with in the US. As the leasing process and legal formalities differ significantly...

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Pepper Hamilton LLP announced today that Brent A. Morowitz has joined the firm as of counsel in the Corporate and Securities Practice Group, resident in the New York office. Mr. Morowitz will also be a member of the firm’s Funds Services Group. Mr. Morowitz counsels investment advisers and private investment funds on regulatory compliance, fund structuring and ongoing operations. He organizes open-end and closed-end private investment funds and has represented sponsors raising private equity and venture capital funds in size ranging from...

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