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Update of the Electronic System for Travel Authorization (ESTA

August 8, 2016

With notice The Department of Homeland Security (DHS) updated the “Electronic System for Travel Authorization” (ESTA) and modified the scope of the system by adding Somalia, Libya and Yemen to the list of countries of concern for heightened ESTA enhancement questions and included an additional data element. The purpose of that step is to assist…

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Who will push the (Br)exit button – Maybe no one at all?

August 3, 2016

A London hairdresser, who considers himself to be an “ordinary guy,” reaches High Court with the first legal attempt to stop the BREXIT. The hairdresser, Mr. Deir Dos Santos, is of the opinion that the Prime Minister is not able to trigger Article 50 of the Lisbon Treaty without the approval of the Parliament. Article…

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Court finds NCDOT’s 25-year Property Freeze to be Unfair

July 18, 2016

The Supreme Court of North Carolina recently decided that it is illegal for a state government agency to institute an indefinite property “freeze” by forbidding improvement, development or subdivision by the landowner, only so that the government can buy it cheaply from the owner at some unspecified time in the future. If any other government…

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Obama’s DAPA Program Blocked by U.S. Supreme Court Decision

July 11, 2016

On June 23, 2016, the Supreme Court of the United States (“SCOTUS”) tied on its decision involving President Barack Obama’s DAPA program; meaning, the program has not been rejected, but rather pushed back to the appeals level with the possibility of still being enacted at a later time. In 2014, President Obama attempted to overhaul…

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Historic Changes in Europe: How they may affect your business – Part 2

July 5, 2016

Brexit: Keep Calm and Carry On.   The votes are in. On June 23rd, 2016, the UK voted to leave the European Union (EU). The referendum passed by a slim margin with “Leave” wining by 52% to 48%. Following the vote, the mood from UK political leaders, EU leaders, and the financial sector is that…

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Employers May Be Required to Pay More Employees Overtime

July 1, 2016

The Department of Labor’s (“DOL”) new overtime rule, which takes effect on Dec. 1, 2016, makes millions more employees eligible for overtime pay. Under the Fair Labor Standards Act of 1938 (FLSA), salaried employees are guaranteed overtime for any hours they work beyond the standard 40-hour workweek, with exceptions to the rule based on both…

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Auf Wiedersehen to the €500 Note

June 6, 2016

The New York Times recently reported that the European Central Bank (ECB) has made the decision to phase out its €500 note, the highest denomination bill in Europe, by the end of 2018. The Bank’s primary reason for the move cites an attempt to make illegal activities that thrive on the transfer of cash (such…

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Historic Changes in Europe: How they may affect your business

June 2, 2016

The Real Cost of Europe’s Negative Interest Rate The economics are simple: if the price of money, the interest rate, falls, buyers will want more of it. The buyers of money, borrowers, see these lower interest rates as a win. Lower interest rates mean reduced monthly payments and buyers may now be able to afford…

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The Right to Disconnect

May 31, 2016

Should workers be entitled to completely detach from work when they are not at the office? The French legislature seems to think so. A recent law passed by the Assemblée Nationale (AN) is encouraging French companies to negotiate formal policies with their employees, limiting work-related contact with employees to their regular working hours. This move…

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AmCham veröffentlicht 2016 Business Barometer

May 11, 2016

Die American Chamber of Commerce in Germany (AmCham Germany) hat in Zusammenarbeit mit Roland Berger in Berlin das XIII. AmCham Germany Business Barometers am 13.April vorgestellt. Die exklusive Umfrage unter amerikanischen Unternehmen am Standort Deutschland, zu der auch die TOP 50 umsatzstärksten US-Firmen in Deutschland zählen, gibt einen Überblick, wie diese ihre Geschäftsaussichten 2016 einschätzen…

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