14 Jun
Chapter News

Paris Agreement News: Parliament backs new post- COP 21 carbon cuts, debates U.S. withdrawal

Plans for new compulsory greenhouse gas cuts under the Paris agreement were backed by MEPs on Wednesday, following a debate on the announced U.S. withdrawal. These cuts will help deliver on the EU’s overall target for 2030 on all policies - a 40% cut from 1990 levels. The EU is committed to these cuts in the framework of the Paris Agreement. The legislation will make it possible to break down the EU targets into binding, national ones for sectors not covered...

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13 Jun
Blog, Brexit News, Chapter News, Discussion

Brexit News: For the UK, “strong and stable” Brexit may be off the table

by Lucinda Creighton Last Thursday’s election outcome in the United Kingdom was supposed to deliver ‘strong and stable Government’ for the UK, just eight days before embarking on the official negotiations to leave the European Union.   It was supposed to deliver a strong mandate to Theresa May to pursue her route towards hard Brexit.   She was expected to increase her majority in the House of Commons by about 80 additional seats.  This in turn was supposed to silence critics in...

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13 Jun
Member News

Littler: US Department of Labour Withdraws Joint Employer and Independent Contractor Guidance

BY MICHAEL J. LOTITO AND ILYSE SCHUMAN ON JUNE 7, 2017 In a three-sentence press release, Labor Secretary Alexander Acosta announced the withdrawal of two Wage and Hour Administrator's Interpretations (AIs) on joint employment and independent contractors. While the AIs were not binding law, they did represent a significant shift in wage and hour law advocated by the prior administration, and served as the Wage and Hour Administration's (WHD) justification for taking certain enforcement actions. While the AIs' rescission is being...

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13 Jun
Brexit News, Chapter News

New Fault Lines in Europe and the Political Consequences of Brexit

John Bruton, former Taoiseach, delivering the Grattan lecture in the Irish Embassy in London at 7.45pm on Monday 12 June, said; THE HISTORIC CONTEXT OF BREXIT  If one reviews European history over the period since the Reformation five hundred years ago, the role that England has sought to play in Europe has been that of holding the balance between contending powers. It used its naval strength, and the overseas colonies  its naval strength allowed it to hold, to exercise that balancing...

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12 Jun
Member News, News

French Election Analysis: EACC Paris Member Thaima Samman’s Break Down of the Vote

By Thaima Samman, EACC Paris Member General comments 577 seats to be renewed at the National Assembly, the most important chamber of the French Parliament; The first round of election gives a clear advantage to President Macron’s party, La République En Marche (LREM), and paves the way for a large victory of its candidates in the second round, next Sunday. Having win 32% of the votes nationally in the first round, LREM is indeed forecasted to obtain between 415 and...

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12 Jun
Member News

Celebrate Finland’s Centennial with Us on National Mall!

On June 17, Finland celebrates her 100th Birthday on the National Mall. The family-friendly Midsummer FinFun event is open and free for everybody. The Embassy of Finland in Washington, D.C., celebrates Finland's centennial throughout the year. One of the biggest events, the Midsummer FinFun, will take place on Saturday, June 17 on the National Mall. The prestigious location will allow for an unforgettable, family-friendly celebration. The day will be full of Finnish sports and other outdoor activities in the spirit of...

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12 Jun
Chapter News

Our Ocean, Our Future: Call for Action

1. We, the Heads of State and Government and high-level representatives, meeting in New York from 5 to 9 June 2017 at the United Nations Conference to Support the Implementation of Sustainable Development Goal 14 of the 2030 Agenda, with the full participation of civil society, and other relevant stakeholders, affirm our strong commitment to conserve and sustainably use our oceans, seas and marine resources tor sustainable development. 2. We are mobilised by a strong conviction that our ocean is...

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09 Jun
Chapter News

The Euro Year Book: Living and working in Europe 2016

Living and working in Europe, Eurofound’s 2016 yearbook, provides a snapshot of developments and trends in the work and lives of Europeans as described in the research activities of Eurofound over 2016. Despite the strains on the European Union – slow economic recovery, rising euro-scepticism and the UK vote to leave the EU – Eurofound’s work reported much good news for its citizens in 2016. Full-time, permanent employment rose across all pay categories; the gender employment gap is narrowing...

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09 Jun
Brexit News, Chapter News

Brexit News: Theresa May Makes a Statement after Stunning Majority Loss in UK Parliament

Theresa May, 9 June, 10 Downing Street: I have just been to see Her Majesty the Queen, and I will now form a government – a government that can provide certainty and lead Britain forward at this critical time for our country. This government will guide the country through the crucial Brexit talks that begin in just 10 days, and deliver on the will of the British people by taking the United Kingdom out of the European Union. It will work to...

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08 Jun
Member News

Nauta Dutilh: Modernisation of Luxembourg Company Law: Extension of the Debt-to-Equity Swap Rules

The Luxembourg Act of 10 August 1915 on commercial companies (the "Act"), as amended by the Act of 10 August 2016, now provides that the debt-to-equity swap rules set out in Article 94-2 et seq. can be applied to any issuance of securities by a Luxembourg or foreign issuer. 1. Opt-in mechanism The rules laid down in Articles 84 to 94-8 of the Act mainly relate to the organization and powers of bondholders' meetings and representatives. Luxembourg and foreign issuers can now...

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