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Member News
Member News
07
Apr
By Pia Padfield, Associate in the London Office of Ogletree Deakins
Spring is always a time for new beginnings; the end of the financial year and the start of a new one, election time and the clocks moving forward for daylight savings time. In the UK, Spring also heralds new changes in Employment and Data Protection law. Below are some of the key changes to UK employment law to be aware of.
Shared Parental Leave
New rights came into force on 1...
02
Apr
Following the decision of Europe’s top court, the Court of Justice of the European Union (“CJEU”) to strike down the Data Protection Directive (the “Directive”) in 2014, national governments have been in flux as to the status of legislation they introduced to transpose the Directive.
An Opinion from the European Parliament’s Legal Services, which has been obtained and published online by various privacy advocacy groups, sets out specific guidance that the EU must follow if it intends to legislate again...
31
Mar
Over the past decade, in a trend that has caused concern among many U.S. employers, denial rates for high-skilled foreign national employee transfer visa petitions have increased substantially. In fact, according to a recent report from the National Foundation for American Policy, the denial rate for L-1B high-skilled international transfer visas increased to an historic high of 35 percent in FY 2014. This represents more than a fivefold increase in denial rates since FY 2006, though there was no...
31
Mar
The Bullrock Corporation located in Shelburne, Vermont has announced a joint venture with Deutsche Eco USA Corp. with offices in Hoboken, New Jersey and Shelburne, VT.
This joint venture will operate under the name Bullrock - Deutsche Eco Solar Ventures. The new company will be offering an integrated approach to locating potential solar sites, providing land owners a total systems solution, as well as providing power companies an easier, fully-integrated solution to the development, RFP and EPC process.
The joint venture combines the global...
26
Mar
This whitepaper is courtesy of EACCNY member Foley & Lardner LLP.
Sony, Target, Westinghouse, Home Depot, U.S. Steel, Neiman Marcus, and the National Security Agency (NSA). The security breaches suffered by these and many other organizations, including most recently the consolidated attacks on banks around the world, combined with an 80 percent increase in attacks in just the last 12 months, have catapulted cybersecurity to the top of the list of priorities and responsibilities for senior executives and board members.
The...
24
Mar
Creditors with allowed claims against Lehman Brothers OTC Derivatives Inc. ("LOTC") and Lehman Brothers Commercial Corporation ("LBCC") have already recovered 100 cents on the dollar on account of their claims due to a surplus at those estates. That surplus also entitles claimants to post-petition interest ("PPI") at potentially a multiple of their original claims so long as creditors demand PPI before the newly established bar date of April 24, 2015 (the "PPI Bar Date") and such claim is allowed.
However,...
20
Mar
Text by EACCNY member Salesupply, Global Express Association. Research by Global Express Association.
Cross-border commerce: Facilitation customs procedures could increase trade volumes on average by 4,4 percent.
The trend of global e-commerce growth is threatened by national governments increasingly engaging in protectionist measures in order to protect their home economies, warns the Global Express Association, the trade body representing DHL, FedEx, TNT and UPS in a new report.
The organization suggests that easing customs procedures and facilitating the cross- border movement of...
20
Mar
Starting in December of next year, MetLife will begin to rein its New York City operations into its namesake tower at 200 Park Avenue. The insurance giant just penned a 12-year lease for about 550,000 square-feet at the 58-story, class-A building.
This lease is a significant expansion from the 110,400 square-feet MetLife currently occupies. Barclays will be giving up a few floors in the tower as it signed the space initially leased until July 2017 back to owner Tishman Speyer.
The relocation means...
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