News

24 February 2016 | Thomas Caveng

New Safe Harbor Agreement For EU Data Transfer Announced

Companies are relieved that there will now be a new Safe Harbor for cross-border transfer of personal data from Europe to the US.

This announcement will provide a degree of certainty going forward, in particular after the upheaval which the Schrems case decision of the European Court of Justice last year produced, striking down the then existing Safe Harbor framework. Businesses should, however, also expect a more rigorous process by the US Department of Commerce to qualify for the “new” Safe Harbor certification and by the FTC to enforce it.

Read more
27 January 2016 | Soulier Bunch

Macron Law: Publication of the Implementing Decree on the obligation to provide information to employees prior to the sale or the transfer of the business

The publication of the Implementing Decree is the final chapter of the legislative saga that resulted in the adoption of the Law on growth, economic activity and equality of economic opportunities of July 10, 2015, commonly known as the “Macron” Law. Indeed, even though the Macron Law became effective on August 8, 2015, a significant […]

Read more
27 January 2016 | Soulier Bunch

Do the new rules governing the obligation to search for redeployment opportunities outside the national territory introduced by the Macron Law really alleviate the burden on businesses or is this pure demagogy?

Any and all French companies are required to search for redeployment opportunities before being entitled to dismiss an employee on economic grounds. This search must be carried out not only within the company itself but also within the group to which it belongs, both in France and abroad. Law n° 2015-990 of August 6, 2015, […]

Read more
27 January 2016 | Soulier Bunch

The penalty clause no longer effective in so-called donations-partage and testaments-partage?

Notaries usually recommend inserting a penalty clause in so-called deeds of donations-partage (i.e. inter vivos gifts for the division of estate among the presumptive heirs) and deeds of testaments-partage (i.e. inter vivos testamentary partition of estate) in order to make sure that the wishes of the donor/testator will be respected by the heirs. The effectiveness […]

Read more
27 January 2016 | Thomas Caveng

New Era for the OCS – Establishment of a National Authority for Technological Innovation

On January 1, 2016, a National Authority for Technological Innovation (“NATI”) was established following a major revision of the Israeli R&D Law. NATI, a statutory corporation (not part of any government office), will now replace many of the functions of the Office of the Chief Scientist of the Ministry of Economy (“OCS”) that for more than 30 years was in charge of supporting industrial R&D in Israel.

Read more

All posts ared displayed

No more page

Next page

Load more