05 Mar
Member News, News, Uncategorized

EACCNY MEMBER INSIGHTS: E&Y on Global Hospitality: Top Thoughts for 2015

The global hospitality industry entered 2014 on an upward growth trajectory; a greater sense of optimism was palpable across most regions, as accelerating capital markets, favorable supply and demand balances, and strong investor appetites fueled higher transaction volumes and strengthened lodging fundamentals. Robust investor interest worldwide was reflected in the year’s key industry trends: •  More lodging projects broke ground as traditional lenders eased restrictions on construction loan originations. •  Accelerating cross-border capital flows intensified competition among domestic and international investor groups...

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05 Mar
Chapter News, News

The Euro Area – Where Do We Stand?

Speech given by Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank | Money Marketeers in New York | Wednesday, 4 March 2015 Ladies and gentlemen, Thank you for inviting me to speak at a Money Marketeers event today. I would like to give you a brief overview of the current situation in Germany and the euro area. I am particularly looking forward to discussing these issues with you and hearing your perspective. Mutual exchange is essential in a globalised world where...

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04 Mar
Member News

SEC Targeting Broad Employee Confidentiality Clauses

The Securities and Exchange Commission (SEC) has recently contacted a number of companies seeking every confidentiality agreement, nondisclosure agreement, settlement agreement, and severance agreement the companies entered into with employees since the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) went into effect. According to a February 25, 2015 Wall Street Journal article, the SEC is also seeking documents related to corporate training on confidentiality, as well as “all documents that refer or relate to whistleblowing” and a list...

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03 Mar
Chapter News, News

Trade Pacts Will Strengthen Our National Security

The disturbing news from the Pacific is that China continues to beef up construction in disputed territory and spread its brand of “state capitalism.” At the same time, our allies question whether the United States is truly committed to being a world leader. In Europe, Russia continues its belligerence, and Europe is unable to respond effectively because of its dependence on Russian energy. These are just two examples of why we need to strengthen our trade agenda. We need to...

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03 Mar
Member News, News

Post AIFMD – Is Europe Worth it?

The introduction of the Alternative Investment Fund Managers Directive has brought with it many challenges for managers of non-EU alternative investment funds (AIFs) wishing to market their funds to EU investors. Currently, and at the earliest until late summer 2015, non-EU AIFs can only be actively marketed within the EU using national private placement regimes (NPPRs). Until at least 2018, non-EU managers of AIFs can market their funds to professional investors using the NPPR applicable to each individual member state. AIFMs...

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02 Mar
Chapter News, News

How is the European Union progressing towards its Europe 2020 targets?

European Commission - EUROSTAT | 02 March 2015 The Europe 2020 strategy, adopted by the European Council in June 2010, aims at establishing a smart, sustainable and inclusive economy with high levels of employment, productivity and social cohesion. The key objectives of the strategy are expressed in the form of five ambitious targets in the areas of employment, research & development (R&D), climate change & energy, education and poverty reduction, to be reached by 2020. These have been translated into national...

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02 Mar
Member News, News

Goldberg Segalla’s Doors Open in St. Louis

In a move that signals its broadening national footprint and continued reach into the Midwest, EACCNY member Goldberg Segalla is pleased to announce that the doors to its St. Louis office are now officially open. The office — the firm’s 13th, located at 8000 Maryland Avenue — is helmed by nationally recognized insurance coverage and toxic tort attorney Kurtis B. Reeg. Mr. Reeg is joined by partner Paul L. Knobbe and associates David M. Frohlichstein, Lynn A. Lehnert, and Matthew...

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27 Feb
Member News, News

EACCNY MEMBER INSIGHTS: A Practical Approach To Navigating A US Business Launch

Entering the US market can often be a big step towards executing on the global growth strategy of a non-US company. US expansion often comes with great benefits.  A highly developed infrastructure and distribution channels, a large consumer base, the US is relatively stable with a well-defined legal framework to operate within and a highly skilled labor force to draw upon, to name a few.   However, expanding into the US for the first time is not without some risk.  Identifying...

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27 Feb
Chapter News, News

The Role Financial Markets can play in Growth and Jobs

Speech by Lord Hill, European Commissioner for financial services, financial stability and capital markets union | Securities Industry and Financial Markets Association (SIFMA) | 27 February 2015 NYC Good afternoon ladies and gentlemen. Thank you for inviting me here. I am delighted to be here on my first trip to the US as a new European Commissioner. I've just had two days in Washington DC talking mainly politics and regulation. But I'm someone who doesn't think that you should regulate without...

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26 Feb
Chapter News, News

A note from the U.S. President on net neutrality

The FCC just voted in favor of a strong net neutrality rule to keep the Internet open and free. That happened, in part, because millions of Americans across the country didn't just care about this issue: You stood up and made your voices heard, whether by adding your names to petitions, submitting public comments, or talking with the people you know about why this matters. Read a special thank-you message from the President, then learn more about how we got to...

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