16 May
Brexit News, Chapter News

Brexit Negotiations: Debate with Tusk, Juncker and Barnier on European Council’s Conclusions

MEPs will debate on Wednesday morning the guidelines for the EU negotiations with the UK that the European Council agreed at its last meeting in April. European Council President Donald Tusk, Commission President Jean-Claude Juncker and EU chief negotiator for Brexit Michel Barnier will take part in the debate. The guidelines agreed by the Council are broadly in line with the key principles and conditions for the UK's withdrawal agreement European Parliament adopted on 5 April. In their resolution, MEPs...

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16 May
New York Related News

Mayor Bill de Blasio Signs Legislation Strengthening Protections for Freelance Workers

Mayor Bill de Blasio today held public hearings for, and signed, 12 pieces of legislation into law – Intro. 1017-C, in relation to strengthening protections for freelance workers; Intros. 464-A and 796-A, in relation to promoting absentee voting amongst jailed individuals and requiring City agencies participating in the agency-based voter registration program to assist applicants completing the organ donation section; Intro. 83-A, in relation to requiring the Police Department to publicly post reports concerning cardiopulmonary resuscitation and automated external...

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15 May
Chapter News

Remarks by Jyrki Katainen, Vice President of the European Commission at the High Level Dialogue Session of the Belt and Road Forum for International Cooperation

It is a pleasure to be here to discuss Connectivity - the driving force of the twenty-first century. The Asian Development Bank estimates that Asia faces a $26tn infrastructure gap until 2030. Done the right way, more investment in cross-border infrastructure links could boost sustainable growth for all. That is why it is in Europe's interest to be part of this Initiative. China is at one end of the Belt and Road – Europe at the other. Our Trans-European Networks...

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12 May
Member News

Boards Should Consider Adopting ‘Director-Specific’ Limits In Compensation Plans

Directors "can avoid entire fairness review of a self-dealing transaction by demonstrating that the transaction has been ratified by a fully informed and uncoerced vote of a majority of disinterested stockholders, in which case business judgment will apply and plaintiff must meet the standard for pleading a waste claim." Reprinted with permission from the May 3, 2017 edition of the Delaware Business Court Insider. © 2017 ALM Media Properties, LLC. All rights reserved. Further duplication without permission is prohibited. (ALMReprints.com,...

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12 May
Chapter News

Improved outlook for bank lending in emerging Europe as funding conditions stabilize and stocks of bad loans fall, new Vienna Initiative reports show

The external positions of BIS reporting banks in Central, Eastern and South Eastern Europe (CESEE) have broadly stabilized, and post-crisis deleveraging seems to have been largely completed, while banks’ strategies in the region have become more selective, according to two new reports from the Vienna Initiative. A third such report shows that levels of bad loans in the region declined in the year to mid-2016, but in several countries, they continue to have a negative impact on the local...

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12 May
Chapter News

Some 88 Million Tonnes of Food are Wasted in the EU Every Year

Some 88 million tonnes of food are wasted in the EU every year, equivalent to 173 kilos per person. Not only is this a waste or resources, it also contributes to climate change. Parliament is working on new measures to cut food waste in the EU by 50%. Check out our infographic to find out which sectors and countries waste the most food and read what is being done at EU level and what you can do yourself. (view the...

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11 May
Member News

The Entrepreneurs Report: Private Company Financing Trends

Wilson Sonsini Goodrich & Rosati is pleased to present the latest edition of The Entrepreneurs Report. In this issue, we've compiled a range of data on venture financing transactions in which the firm was involved in Q1 2017, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. We also provide data on bridge loans. In addition, we feature an interview with Justin Klein of New Enterprise Associates (NEA)...

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11 May
Chapter News

EU Spring 2017 Economic Forecast: steady growth ahead

The European economy has entered its fifth year of recovery, which is now reaching all EU Member States. This is expected to continue at a largely steady pace this year and next. In its Spring Forecast released today, the European Commission expects euro area GDP growth of 1.7% in 2017 and 1.8% in 2018 (1.6% and 1.8% in the Winter Forecast). GDP growth in the EU as a whole is expected to remain constant at 1.9% in both years...

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10 May
Brexit News, Chapter News

Brexit: Protecting the Rights of Millions of EU citizens Living in the UK

Although few of them were allowed to vote during the referendum, the millions of EU citizens living in the UK will be among those affected the most by Brexit. The EU wants to reach a deal to protect their rights as soon as possible during the upcoming negotiations with the UK. This week Parliament is holding a hearing on the situation and rights of EU citizens in the UK. Watch the meeting live online and check out our infographic...

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09 May
Member News

Arendt News: First VAT EU case law on the cost-sharing VAT exemption

by Bruno Gasparotto   The question of the scope of the cost-sharing VAT exemption, also referred to in the Council Directive 2006/112/EC of 28 November 2006 as amended ("EU VAT Directive") as “Independent Groups of Persons” or “IGPs”, is currently being debated at the Court of Justice of the EU (“CJEU”) in several cases.    Last Thursday marked the first milestone regarding this specific VAT exemption since the CJEU released its judgment in the case Commission v Luxembourg (C-274/15).   In this judgment, the CJEU essentially...

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