By ING Corporate Communications ING Group announced yesterday it will redeem USD 500 million of 6.2% Perpetual Debt Securities on the call date being 15 October 2017, in line with ING's goal to continuously optimize its capital structure. The securities (CUSIP 456837400; ISP) will be redeemed in full in accordance with their terms, with payment to be made on 16 October 2017, the first business day after the call date. The redemption price will be USD 25.00 per USD 25.00...

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By Sally A. Painter and Mathilde Defarges, with contribution from Jeremiah Baronberg  | BlueStar Strategies Helping companies smartly navigate a new era of globalization through conscientious local engagement. This is a critical time for the United States, Europe, and the transatlantic partnership. On both sides of the Atlantic, societies are revolting against policy elites. Nationalism, identity, and sovereignty are the order of the day. Protectionist and isolationist sentiment and threats of trade wars are common headlines. Calls for a “pullback” from globalization...

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By William K. Doran (Washington DC)  President Trump has nominated a retired coal company executive to head the Mine Safety and Health Administration (MSHA). The White House announced that David G. Zatezalo, the former chairman of Rhino Resources, would be the next Assistant Secretary of Labor for Mine Safety and Health. Zatezalo’s nomination must be confirmed by the United States Senate. There was no immediate indication of when that confirmation vote might happen. Zatezalo has wide-ranging experience in the coal industry....

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Stout proudly announces that Steven Rathbone has joined the firm as Managing Director in its Investment Banking group. Mr. Rathbone brings deep industry expertise to the firm's Business Services and Diversified Industrials practice areas. Mr. Rathbone has more than 15 years of experience providing strategic advisory and corporate financial services, with a primary focus on sell-side mergers and acquisition transactions. His experience spans a wide range of industries but is most concentrated in business services (information technology and managed services;...

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By Sean M. McCrory  Maury Baskin  Robert F. Friedman  Tammy D. McCutchen On August 31, 2017, the U.S. District Court for the Eastern District of Texas granted summary judgment for a diverse coalition of 55 business groups, led by the U.S. Chamber of Commerce and joined by numerous state governments, challenging the U.S. Department of Labor’s (DOL) redefinition of who qualifies as an exempt employee under the Fair Labor Standards Act (FLSA).1  The decision effectively nullifies the DOL rule in...

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By Jorge R. Lopez  Shireen A. Judeh  Sean M. McCrory As a reminder, on July 17, 2017, the United States Citizenship and Immigration Services (USCIS) released a revised version of the Form I-9, Employment Eligibility Verification, which employers must begin using no later than September 18, 2017. Many of the changes are subtle, focusing on revising the form’s instructions and wording, and clarifying the list of acceptable documents. Key revisions include: Addition of Form FS-240, Consular Report of Birth Abroad to List...

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By Rebecca L. Sigmund  (Greenville) On August 25, 2017, the U.S. Citizenship and Immigration Services (USCIS) confirmed that, as part of President Trump’s “extreme vetting” directives, potential legal immigrant workers will be required to undergo in-person interviews with USCIS. The interview requirement will apply to anyone moving from an employment-based visa to lawful permanent residency. The new mandate will also require visa holders who are family members of refugees or individuals who receive asylum to undergo an in-person interview when they...

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By Floris ten Have On 22 August 2017, the Dutch Authority for Consumers and Markets (ACM) published a study into the market for online video streaming platforms. Although the study did not find any indications of anticompetitive conduct or dominant market power, the authority warned that it will keep a close eye on developments in this sector. On 22 August 2017, the Dutch Authority for Consumers and Markets (ACM) published a study into the market for online video streaming platforms. Although...

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