19 Jul
EACC & Member News

It’s Official! The UK Starts Trade Negotiations with Florida!

EACC Florida President Alan Sutin and Executive Director Christina Sleszynska were guests at a business networking reception at the Official Residence of Rufus Drabble, his Majesty’s Consul General in Miami. The purpose was to welcome The Rt. Hon Conor Burns, the Prime Minister’s Trade Envoy to the US, on his first official visit to...

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11 Jul
EACC & Member News

Talent Acquisition & Retention. Florida: Boom or Bust

An engaged group of attendees joined us at Cozen O’Connor on July 11, 2023, for lunch and an update on immigration trends and challenges, current employment trends – including global mobility programs – across the US and in Florida and a discussion on strategies that employers can use as part of their international recruitment...

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10 Jul
EACC & Member News

Does your Manufacturing Project Qualify for the R&D Tax Credit?

Designed to reward companies for increasing investments in research and development, the R&D tax credit can apply to a wide range of manufacturing projects, such as developing new manufacturing processes or new products, experimenting with new materials, creating prototypes, and improving performance or quality of existing products. Read more. Compliments Kaufman Rossin

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10 Jul
EACC & Member News

Under the GDPR, does a company that uses personal information to train an AI need to allow individuals to request that their information be removed from the training data?

In the context of AI, some supervisory authorities have suggested that if a company uses publicly sourced data to train an AI (e.g., data scraped from the internet), the only plausible lawful purpose would be either (1) the consent of the individuals whose personal information is being provided or (2) the legitimate interest of...

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10 Jul
EACC & Member News

No-Buy Zone: Florida’s Ban on some Foreign Buyers has Industry Scrambling for Response

The bill bans nearly all purchases by Chinese nationals and China-based companies. It also bars buyers from what the state deems “countries of concern,” including Venezuela and Russia, from purchasing agricultural land in the state, as well as any real estate within 10 miles of military and critical infrastructure facilities. Read more. Compliments Cozen O'Connor

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30 Jun
EACC & Member News

EACC Florida Welcomes ClarkeModet as a New Member!

EACC Florida is delighted to welcome ClarkeModet, our first Intellectual Property focused law firm, as a Corporate Member. In their own words: ClarkeModet, established in 1879, is the biggest international Intellectual Property group in Latin America and an entry point to Europe. With an operational presence in 13 countries, a network of agents in 195 countries,...

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28 Jun
EACC & Member News

Welcome to our new Corporate Member WAZIKI !

EACC Florida is delighted to welcome WAZIKI as a new Corporate Member ! In their own words: Waziki is a hardware-software and services company tailored towards secure data-management and cloud technology. Cloud virtualization, containerization, code analysis and data bandwidth reduction through patented technologies. Our goal is to provide quality offerings through our unique innovative approach to...

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19 Jun
EACC & Member News

EACC Network – Transatlantic Connections in Action!

While on a business mission to Paris and London with the Miami-Dade Beacon Council, EACC Florida President Alan Sutin (Greenberg Traurig, LLP) and Board Member Peter Stratos (Kaufman Rossin) met with Guillaume Martinez (Alvarez & Marsal), President EACC FRANCE and James Rosener (Troutman Pepper), President of EACCNY to connect and exchange about the EACC...

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14 Jun
EACC & Member News

Squire Patton Boggs I EU Carbon Capture and Storage (CCS) Technologies Expected to Develop Rapidly in the Near Future

CCS technologies are rapidly gaining interest from policymakers, lobbyists and investors and are expected to develop rapidly in the near future. In order to secure its swift development in the EU, the plan announced the adoption of a legislative package that would simplify the permitting process, and facilitate access to public funds. Read more. Compliments...

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14 Jun
EACC & Member News

Kaufman Rossin I New SBA Rule Lift Small Business Lending Company Moratorium

The U.S. Small Business Administration (SBA) recently published new rules that lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of lending entity called a Community Advantage SBLC. This is a significant development for the small business lending industry as well as the companies they serve, with...

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14 Jun
EACC & Member News

Cozen O’Connor I The Biden Administration’s Blueprint for an AI Bill of Rights

As the use of artificial intelligence (AI) rapidly expands throughout the private sector and government, the Biden administration has published a report titled A Blueprint for an AI Bill of Rights. The report cites a myriad of issues with AI systems, including uses in hiring and credit decisions that have been found to reproduce...

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16 May
EACC & Member News

European Green Directives: Seeking Clarity for the Real Estate Market

Green directives on the energy performance of buildings, including energy performance certificate (EPC) ratings in the European Union and United Kingdom, are urging the European real estate industry to assess the costs of compliance. This comes at a challenging time in the market cycle, when increased compliance costs have the potential to push projects...

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16 May
EACC & Member News

Regulators and Cybersecurity Leaders Advise Businesses on How to Prepare for A Major Attack and the Consequences of Failure to Act

This white paper summary of the full-day cybersecurity symposium presented by the office of Illinois Attorney General on April 4, 2023, analyzes and distills the information presented in the panels. Our paper provides a snapshot of what the nation’s foremost regulators of data security are looking for in their approach to data security incidents...

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16 May
EACC & Member News

Expansive New Bank Secrecy Act, Sanctions Whistleblower Program: Department of Commerce Insights

While primarily focused on enforcement of export control restrictions, a Memorandum offered some noteworthy insights into the Bank Secrecy Act’s newly overhauled whistleblower program.That whistleblower program, originally enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), was amended in early 2023 to authorize whistleblower awards for tips about not only Bank Secrecy...

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16 May
EACC & Member News

Phishing Scams are “tip of the spear” for Cyber Threats

In real estate, millions of dollars can change hands in a single transaction, making the industry an attractive target for phishing attacks. This is a type of cybercrime where criminals use fake emails, websites or other communication channels to trick individuals into providing sensitive personal and financial information. Read more. Compliments Kaufman Rossin

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16 May
EACC & Member News

Bill 1718: Potential Impact on Employers and Employees in Florida

The bill aims to target the influx of illegal immigration into Florida with tougher employment requirements, including adding some of the strongest penalties in the nation. It also requires any employer with 25 or more employees to use the E-Verify system for new employees beginning July 1, 2023. Failure to comply could lead to...

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09 May
EACC & Member News

Europe Day 2023 – First EU Flag Raising Ceremony at Miami Dade County Government

May 9, 2023 - Europe Day - marked a special day underlying the strong relations between Miami Dade County and the European Union. For the first time, the EU Flag was raised together with the Miami Dade County Flag during a ceremony held at Government Center in Miami. Miami Dade County Mayor Daniella Levine-Cava,...

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19 Apr
EACC & Member News

Welcome Miami Dade College Foundation as Member of the EACC Florida

EACC Florida is delighted to welcome Miami Dade College Foundation as a new Member !   In their own own words: Founded in 1965, the Miami Dade College Foundation raises essential private funds to support scholarships, academic programs, and support services so MDC students can have the opportunity to pursue their dreams. MDC Foundation also supports world-class...

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17 Apr
EACC & Member News

EACC Florida Member Carol Cabezas, President of Azamara, Attends High-Level Dialogue with Dr. Werner Hoyer, President of the European Investment Bank (EIB)

This Invitation Only event was a closed-door high-level dialogue with Dr. Werner Hoyer, President of the European Investment Bank, Jean-Christophe Laloux, Director General Operations and a large team of EIB officials. It was held in Washington DC on Friday April 14 in the margins of the IMF meetings. EACC Members from a variety of industries...

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06 Apr
EACC & Member News

Cozen O’Connor I Compensation Clawbacks and Preservation of Messaging App Communications Top DOJ Changes to its Evaluation of Corporate Compliance Programs

As part of a sweeping revamp of its white-collar criminal enforcement policies that began last year, the Department of Justice (DOJ) announced two significant changes last week. The first is a new three-year pilot program that rewards companies for clawing back compensation for executives and employees responsible for underlying criminal conduct. The second involves...

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06 Apr
EACC & Member News, Uncategorized

Greenberg Traurig I EU Green Bonds: One Step Closer to a New Standard for Sustainable Bonds

To prevent “greenwashing”, the EU Commission proposed a new regulation that creates standards for EU Green Bonds (EuGBs). On 28 February 2023, the EU Council and Parliament reached a provisional agreement on the requirements for EuGBs. Under the agreement, the proceeds of these bonds must be invested in economic activities in line with the...

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06 Apr
EACC & Member News

Greenberg Traurig I Florida Considers Legislation That Could Impact Environmental, Social, and Corporate Governance (ESG) Initiatives of Financial Institutions

HB 3, as amended, would primarily affect: (i) deposits and investments of state money; (ii) state retirement plans and systems; (iii) state trust fund assets and public funds; (iv) state bonds; (v) state government contracts; (vi) state-authorized and state-chartered financial institutions; (vii) consumer finance companies; and (viii) money services businesses. Read more. Compliment Greenberg Traurig

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06 Apr
EACC & Member News

Kaufman Rossin I Reimbursement rate comparisons: Assess quality of earnings through healthcare M&A due diligence

The potential for managed care upside is a key consideration of the valuation model in many healthcare mergers and acquisitions. Comparisons of contracted reimbursement rates, therefore, are an important aspect of determining pre- and post-deal earnings potential. For this reason, a critical factor in the quality of earnings and financial due diligence process on...

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06 Apr
EACC & Member News

SPB I Sustainability Outlook European Union – March 2023

With the European Commission driving forward “Fit for 55” – its plan for a green transition, the report includes relevant developments in EU sustainability law and policy from the past few months, including: Green Claims Directive; Net Zero Industry Act; European Hydrogen Bank; The Critical Raw Materials Act; Transition Pathway for the Chemicals Industry;...

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14 Mar
EACC & Member News

Sustainability in Transportation – Bridging the Transatlantic Gap

"Green solutions are available now" and "This is not a sprint but a marathon" This were the key messages underpinning our program on "Sustainability in Transportation - Bridging the Transatlantic Gap" held at Greenberg Traurig on March 13 and moderated by EACC Florida President Alan Sutin from Greenberg Traurig. The introduction Keynote by Samuel Skinner, Former...

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23 Feb
EACC & Member News

Industry Roundtable with EU Justice Commissioner Didier Reynders

An Industry Roundtable with EU Justice Commissioner Didier Reynders was held in Miami on Thursday February 23 in the offices of Greenberg Traurig. The event was hosted by the Consulate General of Ireland in Miami and organized in cooperation with EACC Florida and the Greater Miami Chamber of Commerce. It is the first time...

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23 Feb
EACC & Member News

EACC Florida Welcomes Pernod Ricard as a New Member

EACC Florida is delighted to welcome Pernod Ricard as a new Corporate Member and looks forward to engaging with its Florida-based teams moving forward. In their own words: Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of...

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22 Feb
EACC & Member News

Business in Flux – Perspectives from a Transatlantic Panel of C-Suite Women

  “It looks less bad than expected. But less bad does not mean good.” This statement borrowed from the 2023 Economic World Forum in Davos is a perfect illustration of the exchanges between Arancha Gonzalez Laya, former Minister of Foreign Affairs of Spain and Dean of the School of International Affairs at Sciences Po in...

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03 Feb
EACC & Member News

Kaufman Rossin – 10 Tax and Reporting Considerations for U.S. Taxpayers with Foreign Ties

As the 2023 tax season gets underway for the 2022 tax year, individuals and businesses with foreign tax connections have extra considerations to keep in mind. Although no significant U.S. tax laws came into effect for international businesses in the 2022 tax year, reporting requirements have become more complicated in recent years as the...

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03 Feb
EACC & Member News

Cozen O’Connor – USCIS Extends Green Card Validity for Certain Conditional Permanent Residents

USCIS announced that it will be extending the validity of Permanent Resident Cards (i.e., Green Cards) for petitioners who properly file Form I-751, Petition to Remove Conditions on Residence or Form I-829, Petition by Investor to Remove Conditions on Permanent Resident Status, for 48 months beyond the card’s expiration date. Read more. Compliments Cozen O'Connor

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03 Feb
EACC & Member News

Cozen O’Connor – Possible Options for Non-immigrant Workers Following Termination of Employment

On December 19, 2022, U.S. Citizenship and Immigration Services (USCIS) released information regarding nonimmigrant workers whose employment is terminated, either voluntarily or involuntarily. USCIS indicated that nonimmigrant workers may have several options for remaining in the United States in a period of authorized stay based on existing rules and regulations. Read more. Compliments Cozen O'Connor

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06 Jan
EACC & Member News

Greenberg Traurig – New Cosmetic Regulatory Requirements: What Cosmetic Manufacturers Need to Know

In December 2022, President Biden signed into law the “Modernization of Cosmetic Regulation Act of 2022,”1 which requires increased Food and Drug Administration (FDA) oversight of cosmetics and the ingredients in them. This GT Alert outlines the law’s key provisions, including timelines for FDA actions and enforcement. The law creates new requirements that may...

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