07 Jun
Member News, News

Joseph V. DeMarco Recognized in 2013 Chambers USA: America’s Leading Lawyers for Business Guide

We are pleased to announce the inclusion of Joseph V. DeMarco in the 2013 edition of the Chambers USA: America's Leading Lawyers for Business guide as a leading lawyer nationwide for Privacy & Data Security (Band 2). Interviewees described Joseph as being “the real deal,” and noted “his ability to condense complex legal terminology into business-focused advice.”  The Chambers' directories are highly respected, competitive and prestigious rankings of law firms and individual lawyers worldwide. The rankings are assessed through an extensive...

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06 Jun
Member News, News

All eyes on Finnish startups – boosting foothold in the US market

Some 60 people gathered at the residence of the Consul General of Finland in New York Jukka Pietikäinen for Finnish Growth Company Showcase on Thursday, May 23. The evening reception was organized by Commercial Attaché Silve Parviainen together with Tero Kuittinen from Alekstra and Miikka Lehtonen from Aalto University. The program included presentations from seven growth companies interested in reinforcing their presence in the US market. In fact, the program was so interesting that the guests were willing to brave a...

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04 Jun
Member News, News

GSP Currently Set to Expire Next Month

The Generalized System of Preferences (GSP) trade program is scheduled to expire on July 31, 2013. Under GSP, thousands of products originating in over 100 developing countries are eligible for duty-free entry into the United States. Since its inception in 1976, GSP has been renewed periodically by Congress. However, there have been a number of instances in which the program has been allowed to lapse, meaning that Congress failed to renew the program prior to the expiration date. Most recently,...

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04 Jun
Chapter News, News

EU and U.S. Legislators Meet in Dublin

From May 31 to June 1, 2013, members of the U.S. House of Representatives and the European Parliament met in Dublin, Ireland, for the 74th inter-parliamentary meeting of the Transatlantic Legislators’ Dialogue (TLD). The TLD fosters discussion and collaboration between the European Parliament and the US Congress on specific topics of mutual concern. During the meeting in Dublin, legislators focused on issues including shared economic and financial challenges, upcoming negotiations on a Transatlantic Trade and Investment Partnership, legislative developments relating...

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04 Jun
Chapter News, News

Portugal Secretary of State of Finance Visits the NYSE

Manuel Luis Rodrigues, Secretary of State of Finance, Portugal, visited the New York Stock Exchange (NYSE) on Tuesday, June 4 as part of NYSE Euronext’s inaugural Pan European Days, a program that was organised in partnership with EACCNY. To mark the occasion, Mr. Rodrigues was joined by European company executives and officials, including EACCNY President James Rosener, in ringing The Opening Bell®. Sponsored by NYSE Euronext and in partnership with the European American Chamber of Commerce New York as well as...

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24 May
Member News, News

Pepper Hamilton Client Alert: Landmark Swap Rules Adopted by CFTC

At its Twenty-Ninth Meeting to consider rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2012 (Dodd-Frank) on May 16, 2013, the U.S. Commodities Futures Trading Commission (CFTC) adopted three final rules that make significant progress towards completing its rulemaking agenda. CFTC Chairman Gary Gensler commented, "Today the CFTC is voting on reforms that will make public transparency in the swaps market a reality ... Though many of the 52 rules we have completed before today have...

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21 May
Chapter News, News

EU Trade Commissioner in New York City Highlights Global Benefits of Transatlantic Trade & Investment Partnership

EU Trade Commissioner Karel De Gucht in New York City discussed the Transatlantic Trade and Investment Partnership. In his speech to the European American Chamber of Commerce, he stressed that removing transatlantic trade barriers will deliver major benefits to the European Union and the United States, boosting economic growth and stimulating business confidence.  Noting that uncertainty about the economic future has held companies back from investment decisions, he also pointed out that an agreement would send a powerful signal that...

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20 May
Member News, News

Mason Hayes & Curran wins Irish Law Firm of the Year 2013 & Client Service Law Firm of the Year 2013

Client Service Law Firm of the Year 2013 The 'Chambers Europe Awards for Excellence' are presented annually and recognise outstanding law firms and legal professionals. The "Client Service Law Firm of the Year” is based on feedback and recommendations made by clients. This accolade is particularly coveted as awards are only presented to select firms and we were one of only eight firms in Europe to receive this honour. Feedback from clients included: “The firm gives great strategic input and wants to...

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20 May
Member News, News

$45 Million Cyber-Attack Is Object Lesson from Verizon Study Showing No Business Is Safe, but Financial Institutions Bear Big Data Breach Risk

Newspapers around the world recently reported that a sophisticated and well-coordinated cyber-attack resulted in the theft of $45 million from thousands of ATMs worldwide. The incident accentuates the conclusions of Verizon's 2013 Data Breach Investigation Report (DBIR), compiled by a global team of government and private organizations analyzing computer security incidents over the past year. This annual report shows that companies of all sizes and types are likely to experience some sort of data breach - if they haven't...

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16 May
Chapter News, News

AIFMD: Irish Regulator Now Accepting Applications

On 15 May 2013, the regulator of the funds industry in Ireland, the Central Bank of Ireland (the “Central Bank”), announced that it is now accepting applications under the Alternative Investment Fund Managers Directive (the “AIFMD”). The Central Bank also published the relevant Application Forms, as well as its AIF Rulebook, making it the first regulator in Europe to provide such clarity on its approach to applications under AIFMD. The AIF Rulebook details the requirements relating to alternative investment funds...

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