Member News, New York Related News

New Study Shows that Summer Work Travel Delivers Significant Public Policy Benefits and Strengthens the U.S. Economy

Comes on Heels of White House Threat to Eliminate the Program Washington, DC (August 29, 2017) – As a follow up to several stories that ran this week highlighting the Administration’s efforts to eliminate the J1 Exchange Visitor Program — a State Department cultural exchange for international students and young professionals —below is a link to a report by the research firm EurekaFacts showing that one of those J1 programs, Summer Work Travel (SWT), delivers significant benefits to the U.S. in...

Read more

Member News

InterExchange: White House Interagency Group Seeking to Eliminate J1 Visitor Exchange Visa Program

Impact on American Business, Tourism and Diplomacy Devastating; New Study Shows Program Strengthens U.S. Economy Washington, DC (August 27, 2017) – At a time when the world’s favorability rating of the United States hovers below 50 percent, a small working group based in the White House is seeking to eliminate the majority of privately-funded J1 Exchange Visitor Programs. As reported today in the Wall Street Journal, American businesses fear the economic blow they will experience as a result of this effort.  Started...

Read more

Member News

De Brauw has advised ASML Holding on the sale of its interest in Liteq

Client name ASML Holding N.V. – seller Other parties involved Kulicke & Soffa Industries Inc.; Liteq B.V. Nature of transaction Liteq develops chip packaging machines that work on the basis of lithographic methods, a new way of packaging, enabling the chip industry to respond to the semiconductors always becoming smaller and thinner. Liteq's technologies were developed through close cooperation of several technology, financial and developmental organizations within the region including ASML Netherlands BV, Beltec Holding BV, the Brabant Development Agency (BOM), Sioux, Random Capital BV...

Read more

Member News

Privacy in mHealth Apps (Part II)

Compliments of Mason Hayes & Curran - A member of the EACCNY Click here to subscribe to their weekly tech law updates In a recent article, Privacy in Mobile mHealth Apps (Part I), the firm discussed the core aim of the ‘Code of Conduct on privacy for mHealth apps’ (Code): to regulate and secure the personal data gathered by mHealth apps. However, compliance with the Code doesn’t necessarily equate to compliance with data protection law. Any code for mHealth will need...

Read more

Member News

The Proof Is in the Pudding: How Lawyers Use Data to Vet Expert Witnesses

In this installment of the Big Data Initiative Podcast series, Dr. Zev Eigen, Global Director of Data Analytics with Littler, and Mark Torchiana, one of the founders of Courtroom Insight, discuss how technology enables lawyers to evaluate potential expert witnesses and other litigation professionals. Littler Big Data Podcast 107 - The Proof Is in the Pudding: How Lawyers Use Data to Vet Expert Witnesses  

Read more

Member News

RK&O Client Alert: “The Implications of the Decision in United States v. Martoma”

For years courts, prosecutors and SEC lawyers have twisted themselves into knots trying to figure out when those who leak insider information (“tippers”) benefit from the leak and thereby violate the securities laws based on the decision in Dirks v. S.E.C., 463 U.S. 646 (1983). Cases have run the gambit from insiders receiving bags of cash to cheating husbands getting the psychic benefit of knowing that their girlfriends were profiting on their tips. The Second Circuit has been one of the...

Read more

Member News

The End of LIBOR: Considerations for Market Participants

by Theodore Edwards, Associate, Pepper Hamilton and Deborah Enea, Associate, Pepper Hamilton Executive Summary After 2021, the UK’s Financial Conduct Authority will no longer encourage or compel banks to provide quotes for LIBOR. LIBOR will likely change or be discontinued entirely. Parties should scrutinize existing financial contracts to determine what effect a change to, or discontinuation of, LIBOR will have. Parties to new financial contracts must build in flexibility to address changes to, or a discontinuation of, LIBOR. Introduction LIBOR has been referred to as “the...

Read more

Chapter News

Innovative financing for digital services in Sweden: EIB provides EUR 8 Million for inRiver under the Juncker Plan

The European Investment Bank (EIB) is providing inRiver AB, a Swedish developer of cloud computing based product information management software (PIM), with EUR 8 million in financing to boost the company’s competitiveness in a fast growing market. The transaction comes under the European Growth Finance Facility which benefits from the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Product information management software is a crucial tool to overcome the scale and complexity digital channels create for...

Read more

Chapter News

Sustaining openness in a dynamic global economy

Speech by Mario Draghi, President of the ECB, at the Economic Policy Symposium of the Federal Reserve Bank of Kansas City, Jackson Hole, 25 August 2017 The global recovery is firming up. In some countries like the United States, this process has been visible for some years, in others like Europe and Japan, the consolidation of the recovery is at an earlier stage. So it is fitting that our discussions are now focusing not only on how to stabilise the...

Read more

Chapter News

Innovative financing for digital services in Sweden: EIB provides EUR 8 Million for inRiver under the Juncker Plan

The European Investment Bank (EIB) is providing inRiver AB, a Swedish developer of cloud computing based product information management software (PIM), with EUR 8 million in financing to boost the company’s competitiveness in a fast growing market. The transaction comes under the European Growth Finance Facility which benefits from the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Product information management software is a crucial tool to overcome the scale and complexity digital channels create for...

Read more