KEY EVENTS THIS WEEK: BREXITHome Secretary resignation tips Brexit balance in UK Cabinet The British cabinet experienced another senior ministerial causality late last Sunday night when the Home Secretary Amber Rudd was forced to stand down from her position amid the Windrush immigration scandal. The vacancy in the Home office was quickly filled however, as Prime Minister Theresa May appointed Culture secretary Sajid Javid to the post the following morning. While his appointment will have implications for the UK’s domestic immigration...

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  Arendt & Medernach is pleased to announce that transfer pricing expert Danny Beeton has joined the firm as Of Counsel. Danny is part of the tax and transfer pricing practice focusing on the transfer pricing aspects of complex financial transactions, asset management structures and restructures.   He advises clients on the determination of arm's length prices for all types of related party transactions, including goods, services and intellectual property, but with a special focus on financial transactions such as loans, guarantees,...

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By EY China tops the latest Renewable energy country attractiveness index(RECAI) for the third time consecutively, with the US and Germany overtaking India, which falls from second to fourth position. The UK and the Netherlands are notable climbers (to positions seventh and ninth respectively), while Taiwan re-enters the bi-annual top 40 ranking. The 51st issue of the RECAI highlights the trend for rising protectionism across the renewable energy sector. India’s 2022 solar power target looks increasingly over-ambitious amid investor concerns, in response...

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By Mathilde Defarges and Sally A. Painter, with Jeremiah J. Baronberg “The miracle of the relationship between the United States and France is that we have never lost this special bond deeply rooted not only in our history, but also in our flesh. - President Macron in his speech to U.S. Congress, April 25, 2018 The French-American alliance was on theatrical display last week in Washington, DC, as President Emmanuel Macron and his wife Brigitte were fêted during an official U.S. state visit at the...

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DS-Concept, a global provider of trade finance solutions for small and medium-sized enterprises, has changed its name to Tradewind. The firm, a recognized leader in international export factoring, decided on the change in order to illustrate its prominent role in financing cross-border transactions, which resemble trade winds on the globe. Like the conductive climate its namesake’s currents provide for trade, Tradewind propels commerce worldwide, with its network of more than 20 offices on 4 continents. Along with its growing presence in...

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Last week saw the conclusion of our European roadshow of exclusive events, held to honour the National Winners and Ones to Watch in the 2017/18 European Business Awards.  Throughout January to April, we’ve held events in London, Dublin, Berlin, Brussels (joint event for Belgium, Netherlands, Luxembourg), Stockholm (joint event for Sweden, Norway, Denmark, Finland), Milan, Paris and finishing in Athens with an event at the British Ambassador’s Residence last week.  The celebrated companies were chosen by a panel of independent judges...

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By Wilson Sonsini Goodrich & Rosati.   On April 17, 2018, at the request of both sides of United States v. Microsoft Corp., the U.S. Supreme Court remanded and dismissed one of the most closely watched privacy cases of the last several years just a few weeks after oral argument.   What engendered this highly unusual action? Last month, President Trump signed into law the Consolidated Appropriations Act, 2018, which contained a little-debated section entitled the Clarifying Lawful Overseas Use of Data (CLOUD) Act....

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