Littler Mendelson | Quarterly Legal Guide Q1 Littler publishes the Global Guide Quarterly (GGQ) to provide a general update on global labor and employment (L&E) law developments in key countries in the American, EMEA, and APAC regions. By providing high-level notice of such developments, we aim to help multinational enterprises with cross-border operations to stay abreast of important changes within the L&E law framework. We, EACCNY, are sharing the relevant legal updates from Europe & the United States. Click to download...

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Welcome to Offit Kurman's “Lost in Translation: Blunders in International Estate Planning.” This blog series explores the rarified world of international estate planning, uncovering potential pitfalls and providing insights to navigate the complexities. Blunder No. 4:  Leaving the United States? Take your Assets with You When U.S. or non-U.S. citizens who may have spent time working or residing in the U.S. decide to return to their home countries or any other country outside the U.S., failing to transfer their assets outside...

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We start 2024 with some positive notes and expectations that we want to share with you. We are optimistic that the macro data for 2023 will finally show that there has been a rebound in the weight of the insurance sector in Spain’s Gross Domestic Product (GDP). As is well known, insurance activity represents approximately 5% of our country’s GDP, which is no cause for satisfaction, as it is two percentage points below the European average, and well behind...

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On April 5th, President Biden took an aerial tour of the accident site that caused a tragic loss of life where he gave remarks in Baltimore. Here we will review the impact of the Port of Baltimore and the Key Bridge to supply chains, the timeline for reopening the various transitways, and potential federal government support, including financial. The Port of Baltimore is one of the few in the nation which ranks in the top twenty busiest in three major categories: total tonnage...

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The spotlight may be on the US 2024 presidential election, but tax executives can’t afford to take their eyes off 2025 and beyond. That’s when federal and global tax policies will come to a head. Key individual provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 expire, and changing TCJA international provisions could result in US corporate tax increases even as other countries are moving to collect higher corporate taxes. Now is the time to evaluate how...

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On April 7, House Energy & Commerce Committee Chair Cathy McMorris Rodgers (R-WA) and Senate Commerce Committee Chair Maria Cantwell (D-WA) announced a bipartisan, bicameral draft of comprehensive data privacy legislation, the American Privacy Rights Act (APRA). The APRA represents a significant compromise and, according to Rodgers and Cantwell, “strikes a meaningful balance on issues that are critical to moving comprehensive data privacy legislation through Congress,” such as preemption of state laws and a consumer private right of action. Applicability Covered entities subject...

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On 12 March 2024, the European Parliament approved the proposed Cyber Resilience Act (Proposal for a regulation on horizontal cybersecurity requirements for products with digital elements; "CRA"). The CRA now has to be formally adopted by the European Council in order to come into law. This is expected in April 2024. The CRA is aimed at improving the cybersecurity of products with digital elements, such as doorbells, smart home devices and Wi-Fi routers, sold on the EU market. It introduces...

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Artificial intelligence (AI) has become increasingly important in the enterprise, thanks in part to the rise of generative AI (GenAI). While not a new technology or concept, AI (including machine learning) holds tremendous promise to transform various business functions and activities worldwide — from accounting and finance to cybersecurity, customer experience and more. In boardrooms and C-suite offices everywhere, AI is inspiring conversations on reimagining how the business operates. Realizing AI’s opportunities, measuring and managing both benefits and risk, becomes...

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