Chapter News, News

EU President Barroso Meeting with Angela Merkel, Chancellor of Germany

"Yesterday President Barroso met Chancellor Merkel for a working dinner in Berlin." 05/06/2012 They took this opportunity to discuss and prepare for the next European Council and to talk about further steps on how to enhance growth and stability in Europe. They both agree that beyond immediate actions for growth and stability, a political vision for the future of Europe is needed and that the monetary union should be supported by the creation of an economic union. Therefore they are both...

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Chapter News, News

EACCNY & IPTI are Joining Forces

The European American Chamber of Commerce (EACC) and the International Property Tax Institute (IPTI) are pleased to announce they have exchanged memberships with one another and are planning to develop joint programs and educational seminars to the benefit of their respective members and others who use their services. IPTI is an independent, not-for-profit organization which utilizes the expertise of its world wide network of members to assist governments, taxpayers, professionals and academics in obtaining better knowledge and understanding of the...

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Chapter News, News

Energy Department Announces Launch of Energy Innovation Hub for Critical Materials Research

Multi-year research effort to improve supply, efficient use, and recycling of rare earths and other critical materials to reduce U.S. dependence on foreign sources May 31, 2012, U.S. Secretary of Energy Steven Chu today announced plans to invest up to $120 million over five years to launch a new Energy Innovation Hub, establishing a multidisciplinary and sustained effort to identify problems and develop solutions across the lifecycle of critical materials. Rare earth elements and other critical materials have unique chemical...

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Member News, News

Deloitte Celebrates Culture of Service; Increases Pro Bono Pledge to $110 Million

New York, NY - June 8, 2012 - Visitors to Deloitte’s website should have no doubt about where most of the organization’s personnel are spending their time today— they’re volunteering. A note has gone up on Deloitte’s home page — today’s equivalent of the office door — letting people know that its professionals are out contributing their time and talent at more than 800 volunteer events, planned by the organization’s 100-plus office locations across the US.. Today is Deloitte’s 13th annual...

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Chapter News, News

New crisis management measures to avoid future bank bail-outs

The financial crisis highlighted that public authorities are ill-equipped to deal with ailing banks operating in today's global markets. In order to maintain essential financial services for citizens and businesses, governments have had to inject public money into banks and issue guarantees on an unprecedented scale: between October 2008 and October 2011, the European Commission approved €4.5 trillion (equivalent to 37% of EU GDP) of state aid measures to financial institutions1. This averted massive banking failure and economic disruption,...

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Chapter News, News

Connecting Europe Facility: Member States reach an agreement on building our future infrastructure

Siim Kallas, European Commission Vice-President responsible for transport and mobility, welcomed the efforts of the Danish Presidency and the outcome of today's Transport Council reaching a partial general approach on the initiative known as 'Connecting Europe Facility'. "The establishment of the Connecting Europe Facility (CEF) is one of the key initiatives of the Commission in the context of the proposed package for delivering sustainable growth and jobs", said Kallas."I think this text presents a delicate balance within the Council...

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Member News, News

Nation’s GCs and Directors Recognize Fulbright as One of Top Corporate Law Firms

For the 11th consecutive year, Corporate Board Member magazine and global business advisory firm FTI Consulting, Inc. have recognized Fulbright as one of the America's Best Corporate Law Firms in the nation. Corporate Board Member surveys U.S. corporate directors and general counsel, asking them to select, from all of the corporate law firms in the country, the top ten law firms they are likely to retain. The results are issued in two lists: one, from corporate directors; the other, from general...

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Member News, News

Cian McCourt of A&L Goodbody advised Eaton Corporation (ETN) on its recommended $11.8bn offer for Cooper Industries plc (CBE)

A&L Goodbody acted for Eaton Corporation in its $11.8bn recommended offer for Cooper Industries plc. The acquisition which is subject to certain terms and conditions is to be effected by a scheme of arrangement under Irish law and is expected to close later this year. It is the largest public takeover in Irish history. MORE

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Member News, News

A&L Goodbody advises Bloomberg on acquisition of Irish company PolarLake

EACCNY Member A&L Goodbody advises Bloomberg on acquisition of Irish company PolarLake: NEW YORK, DUBLIN — Bloomberg LP announced today that it acquired Dublin-based software provider PolarLake and is launching a new enterprise data management (EDM) service to help companies acquire, manage and distribute data across their organizations. “Our customers are looking to find new ways to reduce the cost of managing data while adhering to increasing regulatory requirements for transparency,” said Dan Doctoroff, Bloomberg President and CEO. “The Bloomberg Enterprise...

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Chapter News, News

EU & US Partner On Air Cargo Security

The European Commission and the U.S. Transportation Security Administration have agreed to recognize each other's air cargo security regimes, eliminating the need for costly duplication of security controls.  "We are getting rid of duplication of security controls, while preserving high levels of security," said Siim Kallas, Vice-President of the European Commission responsible for transport. "This is a big step forward and it will have a major business impact. Air freight is by definition naturally urgent. Cutting out the duplication of...

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