General Electric Co. (GE) on Tuesday announced the acquisition of two 3D printing companies in Europe, as the company looks to bulk up the technology's use in the manufacturing of jet engines and cars. The industrial conglomerate is to acquire Arcam AB and SLM Solutions Group AG, both suppliers of additive manufacturing equipment, for $1.4 billion. 3D printing has become an area of interest for many manufacturing companies as it can help reduce costs. The European 3D printing industry has carved...

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ICAP PLC has signed a 15-year lease at the Durst Organization's 4 Times Square, formerly known as the Condé Nast Building. According to New York Real Estate Journal, ICAP plans to occupy 82,442 total square feet across the 12th and 14th floors and has the option to expand up to 41,221 square feet on the 15th floor. The New York City office building spans about 1.7 million square feet in total. It was built in 1999 and currently has a $100...

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What are the immediate effects of the Brexit referendum on my intellectual property rights? The UK is at the moment still a member of the EU and has not yet officially filed to leave it. This means that all EU regulations are still effective. Therefore the Brexit referendum does not have an immediate effect on either your European Union trade marks, registered or unregistered Community designs or European Patents. What will be the terms of the withdrawal agreement between the EU...

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Essilor International has been included for the 13th consecutive year in the FTSE4Good Index. It’s a global investment index designed to identify companies that demonstrate strong environmental, social and governance practices, measured against globally recognised standards. With 61,000 employees in 63 countries, nearly 540 production sites on five continents and more than $2.4 billion (€2 billion) in purchasing, Essilor has a global and diverse “footprint”. ​With the Group’s mission of improving lives by improving sight comes the responsibility of ensuring...

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After five consecutive months of increases, the Trepp CMBS Delinquency Rate reversed course in August and dropped for the first time since February. The delinquency rate for US commercial real estate loans in CMBS is now 4.68%, a decrease of eight basis points from July. The rate is 77 basis points lower than the year-ago level and 49 basis points lower since the beginning of the year. Compliments of Trepp - a member of the EACCNY    

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The United Kingdom has voted to leave the European Union. The UK and EU will now enter into negotiations to form a new relationship. Pursuant to Article 50 of the EU Treaty, the UK should notify the European Council, and then the UK and the EU should negotiate a withdrawal agreement. If, two years from the date of notification, the withdrawal agreement has not come into force, the EU Treaty and all associated regulations will cease to apply to the...

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On 30 August 2016, the Body of European Regulators for Electronic Communications (“BEREC”) has published its “Guidelines on the Implementation by National Regulators of European Net Neutrality Rules“ („Guidelines“). Net neutrality has for many years been an intensively debated political issue. The way in which internet service providers (“ISPs”) may treat internet traffic is for tremendous importance both for the telecommunications sector as well as for the content and application providers (“CAPs”) who offer customer applications via the internet. The European...

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ECON (the EU Parliament’s Committee on Economic and Monetary Affairs) voted today to reject the delegated regulation (PRIIPs RTS) as proposed by the Commission on 30 June 2016. ECON claims that the proposed PRIIPs RTS contain inadequacies which could lead to a different interpretation throughout the Member States and that there is a risk that the retail investor would be misled by the information to be disclosed in the PRIIPs KID. Thus the primary goal of the PRIIPs Regulation...

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Technology services and software companies frequently face insurance issues when negotiating their intellectual property license or other services agreements, particularly in this era of data breaches and cloud computing. Numerous questions present themselves. Which party bears the risk in the event of a data breach? Does the company providing the indemnities have insurance to stand behind them? Whether your company is providing a service, engaging a vendor or negotiating a license agreement, keeping these five insurance issues top of...

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