Chapter News, News

EU Public Opinion Survey: Strong Support for Europe’s Growth Strategy

According to the latest Eurobarometer survey, Europeans broadly support the initiatives for growth, stability and jobs put forward by the European Union. As member states implement reforms, it is encouraging that citizens approve of the level of ambition under the EU's growth strategy (Europe 2020). The modernization of labor markets, creation of jobs, helping the poor and socially excluded, and supporting an economy that uses less natural resources are seen among the top priorities. The Spring 2012 Eurobarometer, the bi-annual opinion poll...

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Member News, News

AlixPartners: The U.K. Bribery Act: One Year Later

Enforcement and its Implications for Companies Download PDF Version With the one-year anniversary of the U.K. Bribery Act upon us, companies may be breathing a sigh of relief. To date, not a single successful prosecution has been brought against a company by the U.K.’s Serious Fraud Office (SFO), which is responsible for enforcing the law. However, such relief may, in fact, be premature. Recently, the SFO has reaffirmed its commitment to pursuing bribery cases. As a result, now may not...

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Pepper Hamilton Financial Services Alert: OCC Semiannual Risk Perspective

Financial Services Alert | July 24, 2012 OCC to Banks: Immediately Plan for the Current Risky Environment On July 5, 2012, the Office of the Comptroller of the Currency (OCC) issued its Semiannual Risk Perspective for spring 2012, which concludes that the top risks facing national banks and savings associations are (1) the aftereffects of the recent housing-driven credit boom-bust cycle, (2) revenue challenges related to slow economic growth and market volatility, and (3) the potential that banks may take excessive risks...

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De Brauw Blackstone Westbroek Legal Alert | European Court of Justice gives its blessing to Dutch cross-border practice

Solvay sued one Dutch and two Belgian Honeywell companies regarding infringement of several national parts of a European patent before the District Court of The Hague, claiming that all three companies infringed with the same product in all designated countries. Solvay requested a provisional injunction with cross-border effect for the duration of the main proceedings. On 12 July 2012, the Court of Justice (“CJ”) rendered its eagerly anticipated judgment in Solvay v Honeywell (C-616/10) relevant to the admissibility of cross-border...

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ASML establishes customer co-investment program with Intel as first participant customer

De Brauw Blackstone Westbroek has advised ASML, the world's largest supplier of equipment to computer chip manufacturers, on a customer co-investment program. Intel is the first participant in the customer co-investment program, and has committed to acquire up to a 15% equity ownership interest and to provide R&D funding for an aggregate max amount of 3.3 billion. Other customers are evaluating the program. ASML may issue up to an aggregate 25 percent minority equity stake to customers. Alongside these equity...

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Who’s Who Legal selects De Brauw as leading law firm in Netherlands for seventh time

Who’s Who Legal has once again picked out De Brauw Blackstone Westbroek as the leading firm in Netherlands in its annual awards. The firm was named Netherlands Law Firm of the Year 2012, the seventh consecutive occasion that it has gained this recognition. Who’s Who Legal lists only the leading lawyers in each field, based exclusively on the findings of an independent six-month research process that encompasses feedback from private practitioners, clients and other experts in the sector. Editor in chief Callum Campbell...

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Danish Minister for EU Affairs, Nicolai Wammen, spoke about the European economy at the EACCNY

The European American Chamber of Commerce New York hosted a Newsmaker Breakfast for the Danish Minister for European Affairs, Nicolai Wammen, during his visit to New York this week. The ministers presentation “Europe – The Path Ahead” focused on the current economic situation in Europe, the main results achieved during the recently completed Danish EU Presidency and not least on creating growth and jobs across the Atlantic. “I am not so fortunate as to live in New York every day, but...

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