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Member News
Member News
25
Oct
The Irish legislation, the European Union (Protection of Trade Secrets) Regulations 2018 (Regulations) came into effect in June 2018. The Regulations have provided a welcome attempt at harmonising the disjointed area of protection of confidential business know-how. These new laws mark the start of trade secrets being given more formal protection in line with other types of intellectual property rights.
What is a trade secret?
A trade secret is a valuable piece of information for a business that is treated...
22
Oct
By Marc Friedman, Director of Professional Relations, Global Commerce Education
Last week I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked. In this article I explain how Myth #1 - The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive – is untrue.
There are several ways for a European business to enter the US marketplace...
19
Oct
VULCAN VIEW: KEY EVENTS THIS WEEK
BREXIT
EU Summit – NO Deal but Prime Minister May is given ‘Space’
This week’s much-awaited European Council summit on Brexit ended, as predicted, in deadlock after no substantive progress was made on the issue of the Irish border. British Prime Minister Theresa May addressed her fellow leaders on Wednesday, saying she remained confident that a breakthrough was within reach. However, at a private dinner the EU27 leaders expressed their frustration with the lack of progress...
16
Oct
BY PAUL QUAIN AND MARK CALLAGHAN ON OCTOBER 11, 2018
With less than six months to go until the UK leaves the EU (and, possibly, enters a transitional period that will last until January 1, 2021) it is worth taking stock of the EU workforce's position in the UK, both in the event that a deal is reached and in the less desirable scenario in which the UK leaves with immediate effect and without transitional provisions on March 29, 2018.
The picture...
16
Oct
By Marc S. Friedman |Director of Professional Relations | Global Commerce Education
After practicing law for 47 years including with the World’s #1 Global law firm, I have learned that many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked.
The 10 legal myths are:
1. The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive.
2. Forming a business in...
16
Oct
By Emine Constantin | EMEA Head of Accounting and Tax
Coordinating group and local company reporting can make year-end closing a complex process. But follow this guide, and you’ll save yourself some late-night headaches.
With year-end closing activities fast-approaching, it’s timely for companies to give some thought to their upcoming European group and local accounting reporting requirements. Performing these essential baseline checks will help your accounting teams align their processes and take some of the complexity away from what can be a...
16
Oct
The Toy Association, in partnership with Disney, is unveiling the Smart Packaging Tool – an exciting new member benefit that will allow toy companies to determine the environmental impact of their packaging designs, test alternatives, and benchmark the impact of their designs against those produced by the rest of the industry. The tool will be available to Toy Association members in the coming weeks.
In order to familiarize toy companies with the tool, The Toy Association is hosting a webinar...
15
Oct
By Vincent Wellens , Faustine Cachera, Guillaume Thomann |
If the General Data Protection Regulation (GDPR) harmonizes the data protection rules across Europe, it also leaves room for EU Member States to provide for more specific provisions in certain sensitive area. This is notably the case of processing of employees’ personal data in the employment context. Article 88 of the GDPR indeed provides for a possibility for EU Member States to provide for specific rules, in order to ensure the protection of the employees’...
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