Member News, News

Goldberg Segalla Launches blog: Risky Business: Avoiding Product Liability, Commercial, & Other Litigation

EACC New york Member Goldberg Segalla is pleased to announce that we have launched a new blog: Risky Business: Avoiding Product Liability, Commercial, and Other Litigation — a forum to assist corporations in evaluating and avoiding litigation risk by providing case summaries, practice tips, and updates from regulatory agencies such as the Consumer Product Safety Commission (CPSC), Environmental Protection Agency (EPA), Food and Drug Administration (FDA).  The blog also provides general information and strategies to minimize exposure to product liability,...

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Chapter News, News

New EU Strategy for International Science Cooperation

The European Commission has set out a new strategy for developing international cooperation in research and innovation with a particular focus on global challenges such as climate change, food security and fighting diseases. The new strategy will be mainly implemented through Horizon 2020, the EU's funding program for research and innovation from 2014, as well as through joint initiatives with EU Member States. Multi-annual programs will be established for cooperating with key partner countries, including the United States. The strategy...

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Member News, News

James D. Rosener Speaking at 3rd Emerging Markets Investing Summit: BRIC & Beyond

Pepper Hamilton partner James D. Rosener will be speaking at iGlobal's 3rd Emerging Markets Investing Summit: BRIC & Beyond on October 24 at the Helmsley Park Lane Hotel in New York, NY. Mr. Rosener will be on the panel, "Back to the BRICs: Sizzling or Fizzling?" discussing: • Revisiting the BRICs in the new financial landscape: which BRIC(s) currently offer the best risk-adjusted returns? • Brazil: still attractive despite macroeconomic and inflationary concerns and policy inconsistencies? • Russia: is perceived vs. actual risk...

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Member News, News

Brian S. Korn Joins Pepper’s Corporate and Securities Practice Group

EACCNY's founding member Pepper Hamilton LLP is pleased to announce that Brian S. Korn has joined the firm as of counsel in the Corporate and Securities Practice Group, resident in the New York office. Mr. Korn represents issuers and underwriters in investment banking and capital markets transactions, including transactions involving equity, debt, hybrid/convertible and preferred securities, derivatives and foreign exchange. He has executed several IPOs and other equity value monetization transactions, such as spin-offs, split-offs and carve-out transactions. He also...

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Chapter News, News

Food quality labels: faster delivery, better protection, clearer information

Plenary Session Agriculture − 13-09-2012 - EU Parliament The time it takes to obtain an EU quality label for farm produce from a given geographical area, or produced in a traditional way, could be halved by a regulation endorsed by Parliament on Thursday. The new rules, agreed by EP Agriculture Committee MEPs and Council negotiators in June, would also introduce a new label for "mountain" products. Labels for island produce and farm gate sales may follow soon. "This regulation will...

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Chapter News, News

Commission proposes new ECB powers for banking supervision as part of a banking union

Brussels/Strasbourg, 12 September 2012 Today's proposals for a single supervisory mechanism (SSM) for banks in the euro area are an important step in strengthening the Economic and Monetary Union (EMU). In the new single mechanism, ultimate responsibility for specific supervisory tasks related to the financial stability of all Euro area banks will lie with the European Central Bank (ECB). National supervisors will continue to play an important role in day-to-day supervision and in preparing and implementing ECB decisions. The Commission...

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Chapter News, News

President Barroso delivers the State of the Union Address 2012

In his annual State of the Union address to the European Parliament, European Commission President José Manuel Barroso today made a strong case for new direction and a new thinking for Europe. He sketched out the way towards more European unity to overcome the crisis and maintain sovereignty in a globalized world. Noting that the questions of the future cannot be answered with the tools of the past, he stressed that "in an interconnected world, Europe's Member States on their...

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Member News, News

LIBOR Primer: Watch this Space

Most lenders and borrowers will undoubtedly have read about the $453 million of fines levied against Barclays Bank PLC for manipulating its London Interbank Offered Rate (LIBOR) submissions between 2005 and 2009, as well as the ongoing investigations of other major banks that participate in setting LIBOR (including Citigroup, HSBC, Royal Bank of Scotland and UBS). While the fines and allegations have made headlines, many market participants seem to be relatively unaware of the initiatives currently underway to modify,...

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Member News, News

Conflict Minerals Disclosure Requirement

The U.S. Securities and Exchange Commission (“SEC”) has published a final rule implementing Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) relating to “conflict minerals” from the Democratic Republic of Congo (“DRC”). The Final Rule imposes new disclosure and reporting requirements on companies already required to file disclosures with the SEC,1 that manufacture or contract to manufacture products for which “conflict minerals” are necessary to functionality or production. In essence, the new rule requires companies...

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