Member News

A Recognized Leader – WSGR

2016 Highlights We are pleased to present WSGR’s 2016 Highlights, a compilation of select accomplishments achieved on behalf of the firm’s clients and representative examples of our commitment to our communities, philanthropy, diversity, and pro bono work. As in previous editions of our annual highlights, we have tried to share as broad a range of practices and successful matters as possible, knowing we simply cannot include all the remarkable happenings that have transpired in the past year. While we reflect on...

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Chapter News

Maintaining the Positive Momentum of the Global Economy

Baden-Baden, the German spa town built on ancient thermal springs, is a fitting venue to discuss the health of the global economy during this week’s meeting of the Group of Twenty finance ministers and central bank governors. Policymakers will likely share a sense of growing optimism, because the recent strengthening of activity suggests that the world economy may finally snap out of its multi-year convalescence.  Economic prescriptions have played an important part in the recovery, and will continue to do so...

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Chapter News

Keeping EU consumers safe – online marketplaces join efforts to remove dangerous products from EU market

Today, the European Commission presented its latest report on the Rapid Alert System for dangerous products. In 2016, the system was more actively used by national authorities, who removed more dangerous products from stores. However, more and more of the dangerous products notified in the Rapid Alert System are sold on online platforms. This is why the Commission has stepped up its cooperation with Amazon, Ebay and Alibaba to tackle more actively potentially unsafe or non-compliant products from their websites...

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Chapter News

Tougher food inspections from farm to fork

Plans to tighten up official food inspections, from farm to fork, were adopted by Parliament on Wednesday. The new rules, already informally agreed by MEPs and the Council, aims to improve food traceability, combat fraud and restore consumer trust in the integrity of the food chain. The legislation will provide a comprehensive, integrated and more effective control system in the areas of food and feed safety rules, veterinary and plant health requirements, organic production and protected geographical indication rules. “After the...

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Member News

ING 2016 Integrated Annual Report: Accelerate

Accelerate" is the theme of the 2016 Integrated Annual Report of ING Groep N.V. (IAR) that is published today, together with the Annual Report of ING Bank N.V.. The theme reflects the accelerating pace of change in technology and other areas that is impacting our customers' lives and their expectations from financial service providers. It also expresses how we, as digital leaders in banking, are accelerating the Think Forward strategy to ensure we continue to provide customers with a...

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Chapter News

U.S. Secretary of Commerce Wilbur Ross Names Siemens USA CEO Judy Marks to U.S. Investment Advisory Council

Today, Secretary of Commerce Wilbur L. Ross, Jr. announced the appointment of Judy Marks, CEO of Siemens USA to the U.S. Investment Advisory Council.  Marks will work with the 15 other members of the council to develop and implement strategies and programs that attract and retain investment in the United States. “Judy has an extraordinary history of leadership that goes back decades and it is my honor to appoint her to the Council while in the midst of Women’s History...

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Chapter News

Successful launch of a new Copernicus satellite

Latest Copernicus satellite launch will improve services for farmers, fishermen and other users of land and sea maps. In the night from 6 to 7 March, a 5th satellite of Europe's Earth observation programme Copernicus was successfully sent into orbit. Copernicus already helps save lives at sea, improves our response to natural disasters such as earthquakes, forest fires or floods, and allows farmers to better manage their crops. For example, the European Commission's Emergency Response Coordination Centre activated the EU Copernicus...

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Member News

ING announces changes to Executive Board, Management Board Banking, and senior management

ING will propose to the 2017 Annual General Meeting (AGM) on 8 May 2017 to appoint Koos Timmermans and Steven van Rijswijk as members of the Executive Board. Upon appointment they will also become members of the Management Board Banking of ING. Koos Timmermans will become chief financial officer as of the date of the AGM, succeeding Patrick Flynn who has decided to pursue his career outside of ING. Steven van Rijswijk will become chief risk officer as of...

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Member News

Private Equity Group utilizes DS-Concept to Facilitate Significant Growth

DS-Concept USA provides $3,500,000 non-recourse factoring facility to a niche manufacturer of officially licensed consumer products in the gaming industry. Rather than injecting more equity to support their portfolio company’s growth, the PE group is using DS-Concept to free up an additional $3,500,000 in working capital by financing the company’s domestic and foreign AR. In addition to increasing  the company’s working capital, DS-Concept’s global footprint strengthens the company’s credit and collections capabilities overseas, ultimately allowing them to be more aggressive in foreign...

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Chapter News

The European Economic and Social Committee celebrates sixty years of Europe with its sights set on the future

On 13 March 2017, the European Economic and Social Committee (EESC) held a high-level conference in Rome to mark the sixty-year anniversary of the founding treaties of Europe, signed in Rome itself on 25 March 1957. Rather than celebrating the occasion in pomp, the EESC preferred to focus on the important milestones achieved and, above all, explore three issues that are crucial if we are to overcome the current crisis and guarantee a better future for Europe: tackling growing...

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