Member News

Houlihan Lokey Advises Milk Specialties

Houlihan Lokey's Consumer, Food & Retail Group is pleased to announce that Milk Specialties Global, a portfolio company of Kainos Capital LP, has been acquired by an affiliate of American Securities LLC. Financial terms were undisclosed. The transaction closed on August 16, 2016. This deal represents another successful transaction for Houlihan Lokey in the food & beverage industry. Founded in 1949, Milk Specialties Global is a leading human and animal nutrition company. The company's Human Nutrition business unit is a leading manufacturer...

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Member News

NLRB Ruling in Social Media Case Provides Useful Guidance for Employers

Drafting a social media policy in compliance with Section 7 of the National Labor Relations Act (“NLRA” or “the Act”) has become increasingly challenging for employers, as the National Labor Relations Board (“NLRB” or “the Board”) continues to parse individual words and phrases in employers’ social media policies.  Enforcing that policy can be even more challenging as the Board and counsel struggle to apply the 1930s concept of “protected concerted activity” to employees’ burgeoning 21st century social media activity. ...

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Member News

Positive results for Pirelli in the FIM Motocross World Championship at the ‘University of Speed’ of Assen

Antonio Cairoli just misses MXGP victory by one point while Jeffrey Herlings gets back to winning ways in MX2. The Dutchman and Tim Gajser continue to front the MX2 and MXGP championships The superb TT Circuit Assen – a stage that has seen many famous battles in road racing – hosted the FIM Motocross World Championship for the second year in a row. The track built for the sixteenth round of 2016 season and the Grand Prix of the Netherlands...

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Chapter News

The IMF’s role in the euro-area crisis: financial sector aspects

Financial sector aspects have pervaded the euro-area crisis, which can be seen as much as a financial sector crisis as a sovereign debt crisis, even though the latter narrative has dominated media coverage and political perceptions. The fragility of sovereigns in the euro area was to a great extent (though not in Greece) the result of large implicit and explicit state guarantees to national banking sectors. The International Monetary Fund made a significant contribution to addressing the euro area’s financial...

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New York Related News

City of New York Adds Over 21,500 Jobs in Month of July

The New York City Economic Development Corporation (NYCEDC) today announced that New York City added 21,500 private sector jobs in July 2016, based on an analysis of seasonally adjusted job numbers for July 2016 by the New York State Department of Labor. During the past year, New York City has gained 93,800 private sector jobs, an increase of 2.6 percent since July 2015. Since Mayor de Blasio took office, New York City has added 291,800 private sector jobs, an increase of...

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Member News

Latest developments in property taxes both in the USA and Europe.

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. This month, the brief reports below cover the United Kingdom, Greece, and Portugal. IPTI has put together a selection of reports from recent articles contained in IPTI Xtracts (see website www.ipti.org for more information). United Kingdom: consultation paper on business rates In the UK there is uproar about an issue that...

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Member News

Oops! Caught red-handed? What are the sanctions for violating data protection rules?

This is not a trivial question because the supervisory authority designated in each Member State will now be entitled to impose more stringent administrative sanctions under the new General Data Protection Regulation ('GDPR') than what is currently possible. And that’s not all: sanctions can otherwise be imposed by courts also.  So, what could happen when one violates data protection rules? The administrative sanctions imposed by the supervisory authority are two-fold: it can (i) take one or more of the measures listed in...

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Member News

CBP Issues New Regulations on AD/CVD Evasion Investigations

U.S. Customs and Border Protection (“CBP”) has published “interim” regulations detailing a new framework and legal procedures for investigating potential evasion of antidumping (“AD”) and countervailing duty (“CVD”) liability.  A process has now been put in place that allows domestic manufacturers or competitors to file allegations of AD/CVD evasion and participate in the investigation thereof. The new framework provides for strict time deadlines that will require immediate and comprehensive responses from the targeted importers. These interim regulations are effective immediately. Interested...

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Member News

SanTech Global Corp. is looking for – Vice President – Sales

Summary/Objective  The Vice President, Sales position is responsible for establishing the sales volume and profit targets for its eggbon technology products to meet the company objectives. Responsible for developing strategic sales plans based on company goals that will promote sales growth and customer satisfaction for the organization. Essential Functions Develops annual sales plan in support of organization strategy and objectives. Directs implementation and execution of sales policies and practices. Ensures communications are coordinated with SanTech Senior Management Team. Recommends sales strategies for improvement based...

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Chapter News

Single market access from outside the EU: three key prerequisites

In relative terms, Norway’s current net financial contribution to the EU is similar to the UK’s. Switzerland and Liechtenstein pay surprisingly little, while Iceland is a net beneficiary. Relative to their population, Switzerland, Norway, Iceland and Liechtenstein received about twice as large an inflow of EU immigrants as the UK. These countries also have to adopt the vast majority of EU regulation to gain access to the single market. The new government of the United Kingdom has not yet indicated...

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