Member News

Member News

Member News

Elvinger | GDPR in the health research sector: EDPB response to EU Commission on a consistent application

What happened? On 2 February 2021, the European Data Protection Board (the “EDPB”) adopted its response to the European Commission’s request for clarification on the consistent application of the GDPR1 in the field of health research (the “EDPB Response”). On several occasions, questions posed to the EDPB have remained partly unanswered or open. The EDPB underlines that it will soon clarify these points in its forthcoming Guidelines on the processing of personal data for scientific research purposes (to be released during 2021). Main...
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Osborne Clarke | Energy and Utilities Battery technology advances are powering the rapid rise of electric vehicles

Patents filed, research and investment are undergoing sustained growth, which is reducing costs in an increasingly mature market Electric vehicles (EVs) have been commercially available for some time, but their popularity has been growing in recent years as greater emphasis has been placed on green alternatives to traditional fuels, and their average cost has come down. Rapid advances in technology to support EV efficiency and charging capabilities look set to make EVs even more attractive, as government targets and regulations...
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RPJ Law | The Vaccinated Workplace: Recent Developments and Controversies

With President Biden announcing that all adults in the United States should be eligible to receive the Covid-19 vaccine by April 19 and Covid-19 restrictions being lifted or eased throughout much of the country, many businesses that had remained shuttered or remote throughout the pandemic are considering the return of their workforce to the workplace. Along with such considerations, there is one question on many employers’ minds: can they mandate employees get the Covid-19 vaccine? EEOC Guidance Regarding Mandatory Vaccination The...
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CLA | 6 Market Trends That Could Alter Your Path to Financial Security

Key insights Trillions of dollars in government stimulus saved markets from a liquidity crisis; sitting in cash and fixed-income assets generates a negative real return. Government support will likely continue in 2021, which presents opportunities to put your cash to work. Recent short-term market volatility and political transition exemplify the value of a long-term investment plan in all economic cycles. For investors, 2020 was a rollercoaster of epic proportions. Between a pandemic, a market crash, a rebound to record highs,...
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Stout | Auto Recall Accelerator: EV Battery Recall, What to Expect in Highway Safety, and EV Infrastructure Needs

Stout's Automotive Recall Accelerator brings together unique and important news, analysis, and insights related to automotive recall and vehicle safety for stakeholders across the industry. Recent Developments A vehicle manufacturer is recalling nearly 82,000 electric vehicles worldwide (4,700 in the U.S.) after fires were reported in vehicles that were parked and in operation. The fires were caused by electrical short circuits in fully charged lithium-ion batteries. No incidents have been reported in the U.S. to date. “An electrical short internally within...
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Trepp | European Market Update: UK Commercial Rent Regulations; CLO Manager Flexibility

This week, COVID restrictions in the UK have loosened once again, with the UK taking the next step in its "roadmap" out of lockdown. In England, hairdressers, gyms, non-essential retail, and outdoor dining are now open. In Wales, non-essential shops can now open and travel is allowed from England, but the re-opening date for outdoor dining has not yet been announced. Northern Ireland will be reviewing lockdown restrictions this week, and in Scotland, rules remain the same after their...
Member News, New York Related News

Marks Paneth | New York State Budget Changes: Tax Increases, SALT Cap Workaround & Additional COVID Relief

On April 6, 2021, the New York State Legislature and Governor Andrew Cuomo came to an agreement on the state’s operating budget for the fiscal year that began on April 1, 2021. Included in the budget legislation are the following law changes which will affect individuals and businesses in New York. Tax Rate Increases for New York’s Highest Earners: Until now, New York State’s highest tax rate on individuals was 8.82%. This rate applied to taxable incomes in excess of...
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GDLSK | Court declares Section 232 steel and aluminum “derivative” tariffs unlawful; refunds may be available

On April 5, 2021, the U.S. Court of International Trade issued an opinion declaring the Section 232 steel and aluminum “derivative” tariffs unlawful, and ordered the government to refund any duties to the plaintiff.  Prime Source Building Products v. United States, Slip Op. 21-36. The Section 232 “derivative” tariffs were imposed beginning January 24, 2020 on certain articles of steel and aluminum such as nails, tacks, stranded wire (of aluminum), and bumper stampings.  A complete list of affected products can be...

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