By  Sebastian Janka and  Sarah Blazek | Noerr A recent ruling by the European Court of Justice (ECJ) on 10 April 2018 highlights the serious consequences for natural persons of participating in anticompetitive agreements. According to the decision, it is compatible with EU law for EU Member States to extradite citizens of other EU Member States to third countries such as the United States. This applies even if national constitutional law blocks the extradition of that country’s nationals. Such an extradition does not constitute discrimination,...

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Tradewind has announced the closing of a $1 million post shipment finance facility for an international trading company based in China that specializes in the import and export of auto parts. Through its arrangement with Tradewind, the company received the liquidity it needed to support both open account terms requested by its overseas buyers and payment before delivery sought out by its suppliers. The company sells mostly to customers in Europe and the US and, with Tradewind’s assistance, was able...

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by Len Adams, C.P.C., President and Chief Executive Officer | ACG Resources  with Comments by Dr Philip Wegner  Expertalis, Germany Whether your business is small (and seeking start up staff) or large (and seeking to replace key executives), there are many methods of identifying and attracting qualified staff, including running ads, Web postings on the company web site, job boards, Linked In, Utilizing Internal recruiting staff, asking for recommendations from existing staff, "networking," or just depending word of mouth candidates. All of...

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A short supplement by Dr. Philip Wenger, Managing Partner of expertalis GmbH, FMA Member of the Board: A lot of US-facts mentioned by my dear FMA Partner Len Adams, also correspondent to the German market. To summarize: The labor market: extremely tight. Almost full employment nationwide, especially in the south and in the disciplines of Engineering (machinery, electronics), IT, Tax and Sales as well as specialists from all disciplines. As a result of this all of the best candidates are already...

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June 2018 FX Outlook   The USD made strong gains against most currencies in May, though it fell back against the JPY as risk appetite weakened sharply at the end of the month. Italian political concerns dominated the second half of May, but USD strength was already well entrenched as widening yield spreads, fading concerns about trade tensions and optimism around Korea initially all helped to support the USD. Although China trade tensions returned at the end of the month...

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KEY EVENTS THIS WEEK: ITALY President gives green-light to populist coalition government The political turmoil that has rocked Italy and the global financial markets appears to have come to an end after the Italian President Sergio Mattarella formally gave his seal of approval to the populist government coalition between the anti-establishment Five Star Movement and the far-right Northern League. The alliance’s chosen prime minister, Giuseppe Conte, presented his list of ministers to the President late last night which was accepted meaning that...

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By Matthew J. Hamilton, Donna L. Fisher, Jessica K. Southwick | Pepper Hamilton  Litigants who proffer data obtained from social networking sites like Facebook, Twitter and Instagram must authenticate that data before it will be admitted as evidence. Nearly all jurisdictions have a rule of evidence addressing authentication of exhibits and records, many of which mirror Rule 901(a) of the Federal Rules of Evidence. Courts have not agreed, however, on how to satisfy the requirements of Rule 901(a) for social media evidence. Recently, in Commonwealth v....

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