Following the decision of the Court of Justice of the European Union (“CJEU”) in Schrems v Data Protection Commissioner and the subsequent statement of the Article 29 Working Party, transfers of personal data from the European Union (“E.U.”) to the United States (“U.S.”) under the Safe Harbor scheme are regarded as potentially unlawful. The European Commission has recently published a draft adequacy decision and detailed provisions for a proposed new data protection framework for the transfer of personal data known...

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AlixPartners is pleased to invite you to participate in our 2016 Global Anti-Money Laundering and Sanctions Compliance Survey. Changing regulatory standards and more stringent expectations regarding anti-money laundering and sanctions compliance have shaped a decade of global adjustments for financial institutions. This survey is focused on understanding how financial institutions are dealing with this shifting environment, particularly in light of budgetary constraints. We value your views and appreciate your willingness to take a few minutes to fill out this survey. This...

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The allocation of risk in the design of contracts for mergers and acquisitions continues to favour sellers in Europe. The selling side is in a much stronger negotiating position – that is the conclusion of the eighth CMS European M&A Study. Last year, sellers were more often able to incorporate lower liability caps and shorter warranty periods into agreements, in addition to negotiating other advantageous risk allocation arrangements. "The ongoing terrorist threat, interest rate rises in the US, the...

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In this short video, Pepper partner Howard S. Goldberg shares his thoughts on inversions - why undertake an inversion and the tax law addressing inversion transactions. • Howard S. Goldberg, Partner | goldberghpepperlaw.com | 215 981-4955 © 2016 Pepper Hamilton LLP - a member of the EACCNY

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Kramer Levin is pleased to announce that Richard E. Farley has joined the firm's Corporate Department as a partner and chair of the firm's Leveraged Finance Group. Mr. Farley is one of the nation's leading leveraged finance lawyers, with experience in complex syndicated loan and high-yield debt financings. His practice centers on representing global commercial and investment banks and alternative investment funds in leveraged buyout financings, recapitalizations and refinancings. Mr. Farley earned his J.D. from the University of Virginia School of Law...

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