News | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

30 Sep

Historic step towards EU ratification of Paris Climate Agreement

Posted by EACCNY
September 30, 2016

EU ministers today approved the ratification of the Paris Agreement by the European Union bringing it very close to entering into force. EU ministers today approved the ratification of the Paris Agreement by the European Union at an extraordinary meeting of the Environment Council in Brussels. President Jean-Claude Juncker said: " (…) I am happy to see that today the Member States decided to make history together and bring closer the entry into force of the first ever universally binding climate...

30 Sep

Chapter News, Trade & TTIP Related

U.S. Department of Commerce Report Demonstrates Exports to Free Trade Agreement Partners Support American Jobs

Posted by EACCNY
September 30, 2016

The U.S. Department of Commerce today issued its Jobs Supported by Export Destination 2015 report showing that U.S. goods exports to current free trade agreement partners supported more than 3 million jobs in 2015, an increase of more than 22 percent since 2009. U.S. goods and services exports to our North American Free Trade Agreement (NAFTA) partners – Canada and Mexico – alone accounted for nearly one out of four jobs supported by exports. “This report clearly shows how American...

29 Sep

Chapter News, Trade & TTIP Related

Trans-Atlantic Trade at the Crossroads: Prospects for TTIP in 2016 and Beyond

Posted by EACCNY
September 29, 2016

Trade ministers from European Union member states will convene in Bratislava, Slovakia later this week to discuss the fate of the Transatlantic Trade and Investment Partnership (TTIP). The goal of the summit is to assess whether negotiations are in an advanced enough state to enter the so-called end-game, in which the United States and European Union would resolve remaining differences and agree upon final texts. EU Trade Commissioner Cecilia Malmström and U.S. Trade Representative Michael Froman maintain that successful...

29 Sep

Chapter News

EU COMMISSIONER MARGRETHE VESTAGER: “COMPETITION FOR A FAIRER SOCIETY”

Posted by EACCNY
September 29, 2016

Ladies and gentlemen Our world has never been better off. Freer trade has brought competition to markets that used to be closed. It has made us more productive, and helped people and ideas to circulate, creating innovations that have changed our lives. But despite this, many people are unhappy. They see the executives and shareholders of big companies getting richer, and they ask – is this economy for everyone, or only for a lucky few? That’s a fair question. And a crucial...

29 Sep

Member News

U.S. Business Visitors Using the Visa Waiver Program May Soon Be Asked for Social Media Information

Posted by EACCNY
September 29, 2016

The federal government has proposed a new rule requiring that applicants for the Visa Waiver Program (VWP)—which allows citizens of certain countries to enter the United States without visas—be asked to voluntarily disclose their social media accounts in order to allow U.S. Customs and Border Protection (CBP) to further investigate their backgrounds before allowing them to use the program. The VWP allows citizens or nationals of the following countries to enter the United States without visas for the purposes of...

29 Sep

Member News

Federal Circuit Finds Software Patent Claims Eligible Under Step One of the Alice Framework

Posted by EACCNY
September 29, 2016

McRO, Inc. v. Bandai Namco Games Am. Inc., et al2016 U.S. App. LEXIS 16703 (Fed. Cir. Sep. 13, 2016) (opinion by Judge Reyna, joined by Judges Taranto and Stoll) On September 13, 2016, the Federal Circuit held that McRO’s patent claims are subject matter eligible for protection under 35 U.S.C. § 101. Notably, the Federal Circuit found that the challenged claims, which define a "method for automatically animating lip synchronization and facial expression of three-dimensional characters" to a spoken-word audio...

27 Sep

Member News

The missing link to successful expatriation

Posted by EACCNY
September 27, 2016

Expanding globally? Get full Value! You and perhaps your family will explore many new adventures, and you are all, for good reason, excited. You know that life is not a smooth ride, but you are a high performer and a troubleshooter so you will, of course, also manage whatever comes your way the next couple of years you are in ‘foreign territory.' So, with all those skills and all that willpower why is it that up to 20% of US managers...

27 Sep

Member News

Big Data: the end of causality and the beginning of correlation

Posted by EACCNY
September 27, 2016

Data are not a new technology, but a new mentality. The involved fields? Business, health care, education, mobility and transports To Viktor Mayer-Schönberger, Big Data is not a just a new technology, but, in his own words, “a shift in mindset”: humans, he says, are gradually shifting from thinking in terms of causality to thinking in terms of correlation, from analysing small amounts of ordered data to processing huge amounts of messy data. A professor of Internet Governance and Regulation...

26 Sep

Member News

Houlihan Lokey Advises AmeriMark Holdings, LLC

Posted by EACCNY
September 26, 2016

Houlihan Lokey is pleased to announce the successful placement of $140 million senior secured credit facility for AmeriMark Holdings, LLC, a catalog and e-commerce portfolio company of Prudential Capital Partners. The financing consisted of a $75 million ABL revolver and a $65 million senior secured term loan. Proceeds were used to refinance the company's existing indebtedness ahead of a maturity, as well as to pay related fees and expenses. The transaction closed on September 8, 2016. Founded in 1969, AmeriMark...

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