11 Feb
Chapter News, News

New European Rules to Regulate Financial Derivatives

New European Rules Will Increase Transparency and Safety in Derivatives Trading Statement by Commissioner Michel Barnier, following the agreement in trilogue of new European rules to regulate financial derivatives. "I congratulate the European Parliament and the Council on reaching today an important agreement on a regulation for more stability, transparency and efficiency in derivatives markets. It is a key step in our effort to establish a safer and sounder regulatory framework for European financial markets. This matters because we...

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11 Feb
Member News, News

Houlihan Lokey celebrates its 40th Anniversary

Exceptional commitment to client success Houlihan Lokey is proud to celebrate its 40th Anniversary as an international investment bank, having earned distinction in mergers, acquisitions, financings, financial restructuring, financial opinions and valuations. We would like to thank our clients for their support and congratulate them on their success and growth. Today our commitment to client service drives our business. Our hands-on experience and intellectual rigor have become our calling cards. By combining the access and expertise of an international firm with...

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09 Feb
Member News, News

Updated Customs Bonded Warehouse Manual Issued

For the first time since, 1990, U.S. Customs and Border Protection (CBP) has revised the Bonded Warehouse Manual for Customs and Border Protection Officers and Bonded Warehouse Proprietors. The Manual is supplementary to the bonded warehouse regulations (19 C.F.R. Parts 19, 144) and is designed to assist in understanding those regulations and bonded warehouse operations in general. The manual now also address duty-free enterprise operations, with limited information on centralized examination stations (CES) and container freight stations (CFS). A copy...

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08 Feb
Chapter News, News

EU and US Agree To Bring Excessive American Anti-Dumping Duties Down To WTO Level

No. 06/12, February 06, 2012 The European Commission and the United States today solved one of their most longstanding WTO disputes concerning the U.S. calculation practice of so-called "zeroing" in anti-dumping investigations. They signed a roadmap which sets out the steps the U.S. will take to comply with WTO rulings in the future calculation of duties when the U.S. authorities find that some imported products from a particular exporter enter the U.S. market below the normal market price. As a...

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08 Feb
Chapter News, News

The Innovation Union Scoreboard: Monitoring the innovation performance of the 27 EU Member States

The EU Commission has published a MEMO that provides an overview of the research and innovation performance of the different Member States, and associated and neighbouring countries, as measured by the Innovation Union Scoreboard 2011. The Scoreboard is prepared by the Maastricht Economic and Social Research and Training Centre on Innovation and Technology (MERIT), in collaboration with the Commission's in-house science service, the Joint Research Centre (JRC). For additional information, see IPI12/102. What is the Innovation Union Scoreboard (IUS)? The Innovation Union...

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05 Feb
Member News, News

“HSR Thresholds Rise Again With Rise in GNP”

Fulbright Alert -- The Federal Trade Commission ("FTC") just announced increases to the reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"). These changes result from amendments to the HSR Act enacted in 2000 that require the FTC to revise the reporting thresholds annually based on changes in the U.S. gross national product. The increases will apply to all transactions that close after the effective date, which likely will be in late February...

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05 Feb
Member News, News

Senior Bankruptcy Lawyer Joins Fulbright as Partner in New York

A senior bankruptcy lawyer has joined the international law firm of Fulbright & Jaworski. Ancela R. Nastasi joins Fulbright as the head of the New York office's bankruptcy and insolvency practice group. Her extensive experience includes prominent roles in complex restructuring and chapter 11 cases, including insolvency and bankruptcy related litigation and transactions. Nastasi represents lenders, investors, debtors, chapter 11 trustees and creditors in matters involving myriad industries, including financial services, telecommunications, manufacturing, hospitality and real estate.  "Ancela is an...

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03 Feb
Chapter News, News

Have Your Say – How to Boost Transatlantic Job Creation and Growth

Leaders of the European Union and the United States agreed to establish a high-level working group to boost job creation and economic growth on both sides of the Atlantic. They asked the Transatlantic Economic Council to establish a High-Level Working Group on Jobs and Growth, led by U.S. Trade Representative Ron Kirk and EU Trade Commissioner Karel De Gucht. The Working Group will work closely with all private and public stakeholder groups as it considers options for strengthening transatlantic trade and...

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