Member News

Member News
23
Jun
British Prime Minister Theresa May met EU leaders yesterday at the first of a two-day summit where she presented a ‘’fair and serious’’ offer that would grant the 3 million EU citizens living in Britain guaranteed rights. With negotiators on both sides addressing the most pressing issues of citizens’ rights, Britain’s debt obligation and the Irish border before discussing any future trade arrangements, Ms. May was eager to make a speedy resolution on the rights of EU & UK...
21
Jun
Firms to collaborate on driving Transatlantic policy and investment
Blue Star Strategies, LLC announced that Mathilde Defarges, Partner at Arcturus Group, will serve as strategic advisor for France and Brussels to the firm.
Ms. Defarges will work with Blue Star Strategies to drive Transatlantic policy and investment by supporting European clients with interests in the United States and North American clients with interests in France and Brussels. She will continue to serve as partner at Arcturus Group from her Paris and Brussels...
20
Jun
BY MICHELLE WHITE AND JOE CURTIS ON
JUNE 13, 2017
The U.S. Citizenship and Immigration Services (USCIS) recently issued a policy memorandum directing USCIS personnel to adopt the Administrative Appeals Office’s (AAO) reasoning in Matter of I-Corp. Specifically, pursuant to Matter of I-Corp., USCIS is directed to deny visa petitions that are based on an illegal or otherwise invalid or unenforceable employment agreement.
Matter of I-Corp. pertained to the denial of a petition for an L-1B visa on the grounds that the evidence...
20
Jun
The Act of 10 August 2016 modernising Luxembourg company law and amending the Act of 10 August 1915 on commercial companies (the "Act") has clarified the rules applicable to the issuance of convertible debt instruments.
1. General rules
The issuance of convertible bonds by a Luxembourg-based company is subject to the rules laid down in Articles 84 to 94-8 of the Act. The issue documentation can, however, derogate from these rules, at the company's choosing.
These rules can be applied in whole...
19
Jun
Conservative-DUP Coalition heightens uncertainty over Brexit outcome
Last week’s remarkable UK General Election result that brought about a hung parliament has only added to the greater level of anxiety around the EU over how Britain’s exit negotiations will proceed. Prime Minister Theresa May is in a weekend position, given that she lost her overall majority and will now seek to govern through a confidence and supply agreement with the Democratic Unionist Party (DUP).
Discussions between the two parties are still...
15
Jun
Fast application processing, enhanced customer service now available for companies
When companies in Canada can thrive and grow, they create more jobs. The Government of Canada’s new Global Skills Strategy will give employers a faster and more predictable process for attracting top talent and new skills to Canada, creating economic growth and more middle-class jobs for Canadians.
Today, Immigration, Refugees and Citizenship Minister Ahmed Hussen, Innovation, Science and Economic Development Minister Navdeep Bains and Rodger Cuzner, Parliamentary Secretary to the Minister...
13
Jun
BY MICHAEL J. LOTITO AND ILYSE SCHUMAN ON
JUNE 7, 2017
In a three-sentence press release, Labor Secretary Alexander Acosta announced the withdrawal of two Wage and Hour Administrator's Interpretations (AIs) on joint employment and independent contractors. While the AIs were not binding law, they did represent a significant shift in wage and hour law advocated by the prior administration, and served as the Wage and Hour Administration's (WHD) justification for taking certain enforcement actions. While the AIs' rescission is being...
12
Jun
By Thaima Samman, EACC Paris Member
General comments
577 seats to be renewed at the National Assembly, the most important chamber of the French Parliament;
The first round of election gives a clear advantage to President Macron’s party, La République En Marche (LREM), and paves the way for a large victory of its candidates in the second round, next Sunday.
Having win 32% of the votes nationally in the first round, LREM is indeed forecasted to obtain between 415 and...