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  

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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...

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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...

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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...

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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...

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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...

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Member News

Federal Appellate Court Enforces Terms of Use, Including Arbitration Provision, Entered During Mobile Application Registration Process

  On August 17, 2017, the U.S. Court of Appeals for the Second Circuit issued an important decision in a high-profile case against Uber Technologies that has broad implications for the enforceability of terms of use entered on mobile device apps. In Meyer v. Uber Technologies, Inc.,1 the Second Circuit, whose jurisdiction includes New York, applied California law and reached a decision that echoes previous rulings by the U.S. Court of Appeals for the Ninth Circuit, i.e., that users are...

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Chapter News

World Economic Outlook Update, July 2017

The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018. The unchanged global growth projections mask somewhat different contributions at the country level. U.S. growth projections are lower than in April, primarily reflecting the assumption that fiscal policy will be less expansionary going forward than previously anticipated. Growth has been revised up for Japan and especially the euro area, where...

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Brexit News, Chapter News, News

Forget Brexit, EU citizens Actually ♥ EU

What holds Europe together? The EU in the wake of Brexit A representative eight-country study by the Friedrich-Ebert-Stiftung, conducted by policy matters The European Union has always been a guarantee for peace, democracy and prosperity for its Member States. It has accordingly always been very attractive: The European Economic Community (EEC) of the six founding members has turned into an EU that since the accession of Croatia in 2013 is now composed of 28 members. Seven more countries are involved in...

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Member News

Foreign Investment in the U.S.: How The Trump Presidency Could Change Things

Though CFIUS already is shining a bright light on Chinese covered transactions, that light likely will only intensify and be brighter with the Trump administration. Twelve years have passed since publication of the article Uncle Sam Watches Nervously: Foreign Investment in U.S. Industries in 2004. That article discussed the review process under the Exon-Florio Amendment delegated to the Committee on Foreign Investment in the United States (CFIUS). The article highlighted several recent CFIUS reviews, and stressed that the evolving war...

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