Member News
New Irish Corporate Structure for Funds
Thursday, May 17th, 2012
Investment funds in Ireland which use a corporate structure are incorporated as public limited companies (“plc”) under the Companies Acts. The new SICAV will be specifically designed for investment funds and therefore will not be subject to the rules of other forms of companies, thereby reducing...
U.S. Customs and Border Protection (“CBP”) is Seeking Comments
Tuesday, April 24th, 2012
The interim rule provides CBP with expanded authority to disclose to an intellectual property rights holder information appearing on merchandise or its packaging for the purpose of assisting CBP in determining whether the merchandise bears a counterfeit mark. CBP will now be able to share with the rights...
Croatia: Commission has adopted the Monitoring Report on accession preparations
Tuesday, April 24th, 2012
The Monitoring Report assesses the progress made by Croatia in its preparations for accession to the European Union. It covers the period between the 1st September 2011 and 29th February 2012, provides an overall assessment of the level of preparedness for membership, and highlights the areas where...
Complying with bribery laws in key European jurisdictions
Friday, April 20th, 2012
EACCNY Member DE BRAUW BLACKSTONE WESTBROEK provided us with a brief overview of some of the key features of the laws against bribery in the home states of the contributing firms: France, Germany, Italy, Spain, the Netherlands and the United Kingdom (together, the “Six States”; individually, a “...
Croatia celebrates Breakfast at Tiffany with Julian Rachlin & Friends
Friday, April 20th, 2012
Celebrations in advance of Croatia joining the European Union scheduled on July 1, 2013 started with a Breakfast at Tiffany at the flag ship store on Fifth Avenue, with a concert by Julian Rachlin and Friends, bringing together the Big Apple’s business and cultural leaders. Tiffany & Co is known...
Burger King Worldwide Holdings, Inc. To List On New York Stock Exchange Through Agreement With Justice Holdings, Limited
Friday, April 13th, 2012
Burger King Worldwide Holdings, Inc. (“Burger King Worldwide”), the world's second largest fast food hamburger restaurant chain, and Justice Holdings Limited (“Justice”) (LSE: JUSH), a publicly listed UK investment vehicle, today announced that they have entered into a definitive business combination...
Customs Issues Latest Guidance For Verifications Of Trade Preference Claims (Textiles & Wearing Apparel)
Thursday, April 12th, 2012
As importers of textiles and apparel have observed in recent years, verifications of duty-free / preferential duty claims can oftentimes involve dizzying requests for a myriad of extremely detailed documents -- with claims being subject to rejection for seemingly inconsequential omissions or minor inconsistencies...
Belgium: New Tax Measures in 2012: What to Expect
Thursday, April 12th, 2012
After lengthy negotiations to form a government, a political compromise was finally reached. Prime Minister Di Rupo announced in his State of the Union address on 7 December 2011 that the federal budget deficit must be reduced by EUR 11.3 billion in 2012 in order to meet the criteria set by the Maastricht...
New Reporting and Documentation Requirements for Mergers and Divisions in Belgium
Thursday, April 12th, 2012
On 8 January 2012, an act implementing Directive 2009/109/EC (the "Directive") was adopted by the Belgian Parliament (the "Act"). The Act entered into force on 18 January 2012. The Act was adopted in response to the European Commission's comments that some of Belgium's reporting and documentation requirements...
Simplification and flexibilisation of rules governing Dutch BVs
Thursday, April 12th, 2012
On 1 March 2012 the Dutch Minister of Security and Justice confirmed that his target date for the entry into force of the legislation simplifying the rules applicable to private limited liability companies is 1 July 2012. The bills are currently before the upper house of the Dutch parliament. This...
