![European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources](https://eaccny.com/wp-content/uploads/2020/06/eaccny-logo.png){kind=logo}
Member News
Member News
20
Jul
Client Alert: 7/20/2017
Executive Summary
The Uniformity Clause of the Pennsylvania Constitution requires all real property in a taxing district to be classified as a single class — real estate — for tax purposes, and taxing authorities may not create sub-classifications based on property type (i.e., commercial, apartment or single-family home).
Pennsylvania taxpayers, especially commercial property owners, who are currently subject to assessment appeals may have a challenge to appeals based on the Uniformity Clause of the Pennsylvania Constitution.
Discussion
On July...
20
Jul
The U.S. Treasury’s recent 147-page report, “A Financial System That Creates Economic Opportunities,” details a rollback of many of the measures imposed to make banking safe and sound after the financial crisis. The proposals include substantial weakening of the Dodd-Frank financial-reform law. At the same time, White House appointments to several bank regulatory agencies are likely to promote measures that result in reductions in bank compliance costs, capital requirements and liquidity constraints.
Right now, consideration is also being given in...
17
Jul
July 2017
Lincoln International is pleased to present the latest issue of its Environmental Services Market Update: Q2 2017
CHICAGO, IL – Lincoln International is pleased to present the latest issue of our Environmental Services Market Update, a quarterly publication from our Business Services Group. As you will see, the Lincoln International Environmental Services Stock Index experienced a rise in Q2 2017 when compared to the prior quarter, while M&A activity in the environmental services sector fell significantly in Q1 2017...
17
Jul
Houlihan Lokey is pleased to announce that Borden Dairy Company (Borden) has been recapitalized by ACON Investments, LLC (ACON). Financial terms of the transaction were not disclosed. The transaction closed on July 6, 2017.
Founded in 1857, Borden is one of the largest fresh fluid dairy processors in the U.S., operating 13 facilities across the country with more than 500 million gallons of annual milk-processing capacity. The company markets its dairy products under the iconic Borden brand and Elsie the...
17
Jul
Client Alert: 7/14/2017
The Second Circuit’s Silver decision highlights the importance for defendants of the Supreme Court’s 2016 ruling in McDonnell, which narrowed the definition of “official act” and limited the reach of the honest services fraud and Hobbs Act extortion statutes.
On July 13, the U.S. Court of Appeals for the Second Circuit vacated the conviction of former New York State Assembly Speaker Sheldon Silver, who was convicted in 2015 on seven counts of honest services fraud, Hobbs Act extortion...
17
Jul
By Dr. Gerlind Wisskirchen, Attorney-at-Law/ Partner/
Certified labor and employment law specialist, CMS Germany
Gerlind Wisskirchen is a partner and specialist lawyer in the area of labor and employment law at CMS Germany. She advises multinational corporations particularly on the issues of reorganization, national and international labor and employment law and compliance. Gerlind is an expert on the digitalization of the world of work and editor of the report "Artificial Intelligence and Robotics and their Impact on the Workplace" for...
17
Jul
The long anticipated "Great Repeal Bill’’ was officially published by Downing Street yesterday. It will revoke the European Communities Act of 1972 and in-turn transposed all EU law into UK law. It’s introduction is to ensure that there will be no sudden changes to regulations and rules once the UK leaves the bloc in March 2019, and will aim to allow the government to amend some legislation without the scrutiny of Parliament.
Although the bill was published yesterday in order...
12
Jul
In an era of intense competition for funding and enhanced governance and regulatory standards, a merger of two or more charities can lead to increased efficiencies and improved services for beneficiaries. We explain the most common merger structures for charities and highlight the potential benefits for charities considering a merger.
What is a merger of charities?
A merger of charities is the joining of two or more charities into one, larger organization.
There are several ways that a merger between charities can...
Other Chapter News
