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UK Government proposes broad new powers to scrutinise foreign investment into the UK on national security grounds

The UK Government has proposed sweeping changes to the way that it reviews foreign investment into the UK. The proposed new regime would enable the UK Government to intervene in a much wider range of transactions from acquisitions of shareholdings to investments in assets and land (including minority investments and acquiring limited rights in companies or assets) irrespective of the size of the deal or companies involved, where the UK Government is concerned that the transaction would give rise...
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European Court of Justice: new mutagenesis breeding techniques covered by the GMO Directive.

By Greetje van Heezik | Fleur Tuinzing-Westerhuis | Lorenzo Fiorilli In its landmark judgment of 25 July 2018, the Court of Justice of the European Union ("CJEU") confirmed that crops obtained by new mutagenesis plant-breeding techniques are subject to the strict conditions of the Directive on genetically modified organisms ("GMO Directive").  The new mutagenesis techniques make it possible to alter the genome of organisms without the insertion of foreign DNA in a directed way. These techniques can be used to develop seed varieties that are resistant...
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The weekly Vulcan View for the 23rd to the 27th of July featuring analysis of the latest EU developments

VULCAN VIEW - KEY EVENTS THIS WEEK: BREXIT May to seize control of Brexit negotiations as clock ticks downBritish Prime Minister Theresa May has announced that she will personally take charge of the UK’s Brexit negotiations, in a move that has been described as a “sidelining” of the new Brexit secretary Dominic Raab. The department for Exiting the EU will now be primarily focused on domestic preparations for the impending exit. Approximately 50 Brexit staff will be moved into the Cabinet Office,...
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Stopping Software Theft: Copyright Protections and How to Enforce Them

In partnership with AltaClaro, RPJ Partner Mark H. Moore led a professional webcast discussing how to protect your company's computer software from intellectual property infringement under the U.S. Copyright Act. This free presentation is designed for lawyers and non-lawyers. You can watch the presentation HERE. Proprietary computer software developed by a company is often its most valuable asset. Protecting this key intellectual property from competitors requires planning prior to the existence of a dispute and effective advocacy once a dispute...
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Update on Property Tax Issues: July 2018

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on France, Ireland, and the United Kingdom. There is a separate IPTI report on the...
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U.S. Congress finalizes CFIUS reform bill to broaden national security reviews of foreign investments

By Ignacio E. Sanchez | Christine Daya Congress has released the final version of the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) – a bill to modernize and strengthen the Committee on Foreign Investment in the United States (CFIUS) to more effectively guard against the risk to US national security posed by certain types of foreign investments. FIRRMA is incorporated into the must-pass National Defense Authorization Act for FY19, which Congress expects to pass this week. The House and Senate passed...
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EY Corporate Finance Woman of the Year

Currently studying? Want to learn more about a future career in corporate finance? We’re looking for women to help us build a better working world. The EY Corporate Finance Woman of the Year competition recognizes talented young women with the potential to have a fulfilling career in EY Transaction Advisory Services (TAS). EY TAS helps companies drive inclusive growth by focusing on their capital and transaction strategy through to execution. In an environment of unprecedented disruption we support the flow of capital across...
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Starry starry night as Canary Islands city gets astronomy-friendly smart street lighting

By Elco van Groningen | Neil Pattie | Jordi Manrique People on the Canary Islands will get an even better view of the stars thanks to new astronomy-friendly street lighting from Signify (Euronext: LIGHT), the world leader in lighting. In Puerto de la Cruz, a city on the north coast of Tenerife, the company is installing smart LED street lights that can be dimmed remotely and which use special optics to reduce light spillage that could interfere with nearby observatories. "The project is an example...

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