The loan will finance Wacker Chemie`s research and development efforts, with a focus on the company’s innovation and sustainability strategy The project will be part of the company`s shift to become a climate neutral chemicals organisation Financing by EU bank is backed by a guarantee from the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe The European Investment Bank (EIB) will provide €290 million to the German company Wacker Chemie AG. Wacker is...

Headlines across Europe and the UK are centered around coronavirus news and Brexit negotiations, both of which have an impact on the commercial real estate (CRE) industry. Although the UK left the EU in January of this year, negotiations continued throughout the pandemic, and only have until December 31st to be finalized. If there is a no-deal Brexit, the BBC highlights there will be border checks and taxes introduced for goods traveling between the UK and the EU which will have a...

Legal Considerations for Responding to the Massive Cybersecurity Incident In a security advisory this past weekend, SolarWinds disclosed that its systems experienced a highly sophisticated supply chain attack on versions of its Orion network monitoring products released between March and June 2020. The New York Times has reported that it is highly likely that the Russian intelligence unit known as Cozy Bear, or A.P.T. 29, carried out the attack, which involved inserting malicious code into automatic product updates to allow the attackers to gain a foothold...

Nation-state actors often leverage the effects of cyber operations to achieve their strategic objectives on the world’s stage. The latest example of this type of advanced persistent threat (APT) cyber attack involves U.S. federal agencies and highprofile companies that were breached via a compromised and weaponized version of a software update from a connected third party. Publicly reported information indicates that a vendor was infiltrated by a sophisticated nation-state cyber attack, which allowed for malware to be embedded and hidden...

Students participating in the SUNY Global Engagement Program spend a semester in New York City interning at a globally focused organization, participating in the Global Engagement Seminar, and doing research in a colloquium setting at the SUNY Global Center. During Fall 2020, three GEP students interned at the Delegation of the European Union to the United Nations as a part of the EU’s Compulsory Traineeship Program. All three were placed with the Human Rights Section. Liz Rakowski, Buffalo State...

Inclusiveness is a core value that shapes the way we run our firm. It’s part of our daily conversation about investing in talent, staffing our teams and measuring our success. We’ve made some groundbreaking moves: an industry-leading parental leave policy, a professional development forum for diverse in-house counsel and the first legal career fair for military veterans. We’re also honored to partner with many of the in-house legal departments most focused on improving diversity and inclusion, including Microsoft, Morgan Stanley,...

The Move the Needle Fund is a five-year effort that will apply research-backed methods to drive meaningful change. We’re excited to collaborate with the Diversity Lab, 25+ forward-thinking corporate legal departments, our peer firms, and community leaders to innovate and make progress at Orrick and in our profession. As our Chairman Mitch Zuklie puts it: “At the same time that every organization takes a clear-eyed look at their own culture and practices, we need to drive systemic change together. The most exciting...