Member News

Member News
05
Apr
Key Events This Week
Brexit rumbles on
Late Wednesday evening the House of Commons voted in favour of legislation which forces the UK government to request another extension to the Brexit process. The bill, tabled by Labour MP Yvette Copper, passed by the narrowest of majorities – one vote.
This means that Prime Minister Theresa May is now required to ask the EU for another extension to the Article 50 process in the case that her withdrawal deal does not secure backing....
04
Apr
By Claire D. Nilson & Philip Novak | Faegre Baker Daniels LLP.
From 2021, visitors to the European Union (EU) who do not require a visa will have to apply for authorisation through the European Travel Information and Authorisation System (ETIAS). This new pre-travel screening system will apply to visitors to countries that are in the Schengen Area of the EU.
Countries within the Schengen Area include all EU member states (except for Ireland and the United Kingdom (U.K.)), as...
04
Apr
Not all financial or capital markets deals are straightforward. As markets mature and investors demand more from their deals, and as deals start to involve cross-border securities, all parties are finding their roles somewhat in flux.
Traditionally when looking at deals such as syndicated loans, restructuring corporate debt, securitisation, or even a bond issuance placed in a mature market, it is not unusual for both lenders and their borrowers, guarantors and issuers to bring a fiduciary party such as a...
03
Apr
By Huw Beverley-Smith & Jonathon A. Gunn | Faegre Baker Daniels LLP
On 21 March 2019, an advocate general (AG) of the Court of Justice of the European Union (CJEU) delivered an opinion that sheds light on key issues related to websites’ use of cookies — data packets that can be used by websites to track individuals’ browsing histories and other data.
Thiss followed a request for a preliminary ruling from the Federal Court of Justice in Germany (FCJ) regarding the...
02
Apr
April 2019 FX OutlookPoor economic data and soft inflation saw several central banks, including the Federal Reserve and European Central Bank, take a dovish turn in March. Contrary to expectations that interest rates would rise as the G3 central banks were no longer adding to their balance sheets on a combined basis. The sharp drop in interest rates and the flattening of curves in March is one of the key factors shaping the investment climate. The fall in yields has...
02
Apr
The Toy Association is among a prestigious group of global associations that received this year’s “Great Things Award” by Advanced Solutions International, provider of The Toy Association’s membership database platform and website software, iMIS. The awards were presented during ASI’s iMIS iNNOVATIONS partner and client conference held March 20 to 21 in Orlando, FL.
The “Great Things Award” recognizes organizations that expertly utilize iMIS to improve operational efficiency, advance their mission, and achieve “great things.”
The Toy Association has been an iMIS...
01
Apr
Legance, a member of the EACCNY, has been named Law Firm of the Year in Italy.
The award has been assigned by The Lawyer since the judges noted the firm’s “strong financials” and “collaborative ethos”. The motivation is: ‘In a decade this firm has risen to be a member of the elite inner circle at the top of the Italian legal profession. It has been a year of continued impressive progress.’
Moreover, during the awards, Legance has been ranked at...
29
Mar
Key Events This Week:
Parliament fails to truly take back control
This week the House of Commons voted to endorse an amendment by senior Conservative MP Sir Oliver Letwin which resulted in parliament taking control of the order paper. With the Government effectively losing control over its ability to set its own business, MPs moved on Wednesday to vote on a range of proposals aimed at breaking the impasse in the Brexit process. However, all 8 indicative votes including a proposal...
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