Member News

Member News

Member News

aicep Portugal Global | Government, Google sign MoU to foster recovery, digital transition

The government and Google Portugal signed a memorandum of understanding aimed at fostering economic recovery and accelerating the country's digital transition. Portugal’s government and Google Portugal on Tuesday signed a memorandum of understanding aimed at fostering economic recovery and accelerating the country’s digital transition, with digital skills and employability the main areas envisaged in the document. “Google Portugal today reinforced its commitment to the Government and the Portuguese to support the digital transition and offer the tools and training that will...
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Thompson Hine | DoD Issues Updates to Grant and Cooperative Agreement Regulations

Key Notes: New DoDGARs final rules are effective October 19, 2020. In general, the final rules seek to update, standardize, and clarify the DoDGARs for the benefit of both DoD administrators and award recipients. The final rules are intended to implement government-wide guidance on administrative requirements, cost principles, and audit requirements. Background Over the past few years, the federal government, through the U.S. Office of Management and Budget (“OMB”), has significantly rewritten its guidance concerning grants and cooperative agreements (referred to as...
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Stephenson Harwood | LIBOR transition – what drafting should I use in my new facility?

There has never been any doubt that the task of shifting the loans market away from LIBOR onto alternative “risk-free” benchmark rates (“RFRs”) is a monumental one.  However, over the past month we have seen a number of the pieces of the transition jigsaw start to fall into place and momentum is building apace.  In particular, the Working Group on Sterling Risk-Free Reference Rates (the “Sterling Working Group”) has published a number of key statements and recommendations, and the...
COVID-19 News, Member News

Offit Kurman | DOL Changes and Clarifies COVID-19 Sick and Family Leave Federal Regulations

On September 11, the U.S. Department of Labor (“DOL”) promulgated revisions and clarifications to its April 1 regulations interpreting the Families First Coronavirus Response Act (“FFCRA”).  That Act, applicable to most employers with under 500 employees, provides paid sick leave of up to 80 hours and two weeks of unpaid time off followed by 10 weeks at partial pay to workers who can’t work because their child’s school or daycare provider has closed.  The DOL stated that the changes...
Member News

Faegre Drinker | Employment-Based Immigration Updates: The October Visa Bulletin and Public Charge Rule

On the eve of the U.S. government’s new fiscal year, immigration developments continue to cascade. The U.S. Department of State published its October Visa Bulletin, which showed notable advancements for most employment-based visa categories. U.S. Citizenship and Immigration Services confirmed it will use the “Dates for Filing” chart, which will allow certain applicants to apply for their green cards earlier in the process. For FY 2021, the State Department anticipates record-breaking employment-based visa numbers. At the same time, the U.S....
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EIB welcomes launch of European Raw Materials Alliance

On 29 September, European Investment Bank (EIB) Vice-President Ambroise Fayolle took part in the launch of the European Raw Materials Alliance. The creation of this industry-driven alliance is part of the European Commission’s Action Plan on Critical Raw Materials to reduce Europe’s dependency for non-energy raw materials used in industrial value chains through exploration, resource efficiency and improved recycling, and was presented on 3 September 2020. The European Raw Materials Alliance, open to relevant stakeholders, will identify barriers, opportunities and investment cases and aims...
Member News

WSGR | Draft EDPB Guidelines Clarify the Roles of Parties Processing Personal Data and Call for Detailed Data Processing Agreements

On September 7, 2020, the European Data Protection Board (EDPB) published draft guidelines (Guidelines) intended to clarify the roles of the parties processing personal data and when they are operating as controllers, joint controllers, or processors under the EU General Data Protection Regulation (GDPR). The concepts of controller, joint controller, and processor are critical under EU data protection law, as they define the roles and responsibilities of the parties. The Guidelines confirm the EU courts' broad interpretation of joint controllers...
COVID-19 News, Member News

COVID-19 & Manufacturing

1/ Introduction, Management summary: Unfortunately, as we understand now, COVID-19 will not go away in a matter of weeks or months. Even with a vaccine, scientists have doubts about a prompt turnaround of the situation we are in. It is to be considered as a major disruption on top of others, as the world trade rebalancing with the ongoing trade wars, global warming concerns, and the geopolitical instability that will contribute to profound structural evolutions of our economies for the...

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