Member News, News

CFPB Issues Proposed Rule on Privileged Information Obtained from Supervised Entities and House Passes Bill that Would Authorize It, But Concern Remains About Erosion of Attorney-Client Privilege

Pepper Hamilton LLP Client Alert  - April 2, 2012 The Consumer Financial Protection Bureau (the Bureau) announced a proposed rule (the Proposed Rule) to codify protections for privileged information obtained by the Bureau from financial institutions and other entities it supervises. The Proposed Rule provides that any supervised entity that submits privileged material to the Bureau (such as communications with counsel) in the course of the supervisory process does not waive the privilege. On March 26, 2012, the House of Representatives...

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Member News, News

Schumer Pushes Bill To Make Poland Eligible For Visa Waiver Program

Schumer's Legislation, the "JOLT" Act - Will Reform Outdated Visa Laws to Allow Increased Business and Leisure Travel from Countries Like Poland. Increased Business and Leisure Travel from Poland Will be A Win-Win for Polish Visitors and the U.S. Economy Schumer: Polish Citizens Fight Alongside Americans in Afghanistan But Can't Visit the U.S. Without A Visa - Time to Stop U.S. Senator Charles E. Schumer today announced that he was pushing to make Poland eligible for the Visa Waiver Program (VWP)...

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EACC Member ACG among the Winners of 3rd Annual 40 UNDER 40 M&A Advisor Recognition Awards – Eastern Region.

The M&A Advisor today announced the winners and finalists of the 3rd Annual 40 UNDER 40 M&A Advisor Recognition Awards – Eastern Region. The M&A Advisor, renowned globally for its recognition and presentation of leading M&A, financing and turnaround professionals, created this recognition awards program to promote mentorship and professional development amongst the emerging business leaders. The 2012 40 UNDER 40 Award Winners and Finalists have been chosen for their accomplishments and expertise from a pool of prominent nominees by an...

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Chapter News, News

New Initiative by the Austrian Government: Gender Budgeting – An Effective Strategy to Achieve Gender Equality

The Austrian  Federal Minister for Women & Civil Service Gabriele Heinisch-Hosek, has recently presented a so called Gender Budgeting initiative to help achieve gender equality at a UN conference here in New York. Public expenditure often has very different impacts on women and men – whether they relate to childcare, tax, daily travel or women’s and men’s health. This according to the initiative should be taken into consideration when public budgets are being drawn up. The goal is not to...

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Chapter News, News

NYCEDC Seeks Financial Institution to Operate Loan Fund for Emerging Fashion Designers

NYC Fashion Production Fund Will Provide Needed Capital to Designers Manufacturing Their Own Clothing Lines New York City Economic Development Corporation (NYCEDC) today announced that it is seeking a financial institution to operate the NYC Fashion Production Fund. The NYC Fashion Production Fund will provide loans for the production of goods by emerging fashion designers who need to fulfill a purchase order from a retailer but can’t obtain conventional financing. The fund will only be available to New York City-based...

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2011 Anti-Corruption Year in Review

After years of headline-grabbing settlements and large, industry-wide investigations of U.S. Foreign Corrupt Practices Act ("FCPA") violations, 2011 marked a slowdown in the pace of the U.S. enforcment actions. However, 2011 did have the most FCPA trials in the statute's hsitory, and several resulted in key judgments, especially those relating to the definition of a "foreign official," that will impact future enforcement of the statue. A review prepared by The International Law Firm of Fulbright & Jaworski can be found here.

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Chapter News, News

European Council Adopted Regulation Strengthening Intellectual Property Rights

Brussels, 22 March 2012 The adoption of this Regulation by the European Parliament and the Council is the first legislative delivery from the Commission's IPR Strategy of May 2011, 'Towards a single market for intellectual property rights'1. IPR infringements are a growing threat to the economy. Between 2005 and 2010, the number of registered cases at the EU borders of goods suspected of infringing IPR increased from 26,704 to over 80,000. The OECD has estimated that the annual loss to the...

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Member News, News

Fulbright Forum: The Fundamentals and Best Practices in Protecting IP Asset in Employment & Independent Contractor Arenas

Barbara D'Aquila and Patrick Gallagher of Fulbright & Jaworski discussed the fundamentals and best practices to protect the company's greatest asset — intellectual property — when dealing with employees and independent contractors. The panel reviewed the basics including default ownership rules when there is no agreement key points to contemplate when drafting employment contracts and independent contractor agreements governing intellectual property, such as: consideration, governing law, pre-invention assignment clauses, and other important concepts. This Forum provided a review of best practices at the beginning, during, and end...

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