Economic Development

News & Analysis as of

Amendments to real estate legislation - Quarter 1 of 2016

Amendments to federal laws - Federal Law No. 431-FZ dated 30 December 2015 “On Geodesics, Cartography and Spatial Data and on Amendments to Certain Legislative Acts of the Russian Federation” The law under...more

Global Investor Programme – Attracting high net worth individuals to Singapore

High net worth individuals (“HNWI”) looking to relocate to Singapore may wish to consider the Global Investor Programme (“GIP”) for the purposes of obtaining residency status in Singapore. The GIP offers Permanent Resident...more

Real Estate in Africa: Eight things you need to know

Insight from CBRE/DLA Piper survey to help potential investors in African real estate bridge the gap between perception and reality Real estate markets in parts of Africa have undergone considerable improvement in...more

North Carolina Legislative Report

Lawmakers will return to Raleigh for the short session April 25, 2016. The MVA Public Affairs Legislative Report on North Carolina will be distributed on a bi-weekly basis during the interim to keep you up to date on the...more

Trade & Manufacturing - April 2016

President’s Trip to Cuba Accompanied by Expanded Treasury and Commerce Regulations - On March 20, President Obama arrived in Cuba for an historic visit, marking a significant step in the Obama Administration’s efforts to...more

Trade & Manufacturing - News of Note - April 2016

EU-U.S. Privacy Shield Agreement Released - On February 29, the European Commission and the U.S. Department of Commerce released the long-awaited text of the European Union (EU) – United States Privacy Shield, an...more

July 11 Deadline to Convert Unpaid N.J. BEIP Grant to Tax Credits

Under New Jersey’s Business Employment Incentive Program, approved businesses that created jobs in New Jersey were awarded annual cash grants. Nearly 500 businesses were awarded grants valued at $1.6 billion. Unfortunately,...more

Asia Moves to Balance Environmental Regulations and Greenhouse Gas Reduction Commitments With Economic Growth

On March 17, 2016, China released its Thirteenth Five-Year Plan for Economic and Social Development (the “Plan”). The Plan strengthens several of the environmental priorities set forth in the prior plan (“12th Plan”)...more

Saudi Arabia Update - March 2016

Legal developments - Company directors and executives should be aware - As we have described in previous updates, Saudi Arabia has adopted a new companies law that will take effect as of 2 May 2016 (the New...more

An Introduction to Business Structures as contained in the Revised Uniform Act relating to Commercial Companies and Economic...

In 1993, 16 African countries adopted the Treaty on the Harmonisation of Business Law in Africa (OHADA Treaty), using principles inspired by French law. The purpose of the OHADA Treaty is to establish legal and judicial...more

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team

Equipment Supplier/Dealer Bill Moving in Commerce - A bill that would tip the scales in contract negotiations between farm and yard equipment suppliers and their local dealers has passed the Senate and is now pending...more

News & info from Burnie Maybank about economic development as well as state and local taxation in S.C.

Economic Development | State and Local Taxation - “Current GAAP has no explicit guidance on the accounting for, or the disclosure of, government assistance received by business entities. The amendments in this proposed...more

North Carolina Legislative Report

Lawmakers will return to Raleigh for the short session April 25, 2016. The MVA Public Affairs Legislative Report on North Carolina will be distributed on a bi-weekly basis during the interim to keep you up to date on the...more

News from the Vermont Statehouse - An analysis from DRM's Government & Public Affairs Team

Committee Decides Physician Acquisition Disclosure Bill Is Unnecessary - The Senate Health and Welfare Committee has decided not to pursue consideration of S.245, a proposal to require disclosure of new affiliations...more

Federal Activities Report On The Bioeconomy Release Announced At ABLC2016

On February 18, 2016, at the Advanced Bioeconomy Leadership Conference 2016 (ABLC2016), Dr. Catherine Woteki, Chief Scientist and Undersecretary for Research, Education, and Economics at the U.S. Department of Agriculture...more

Momentum, funding and one voice

These are the requirements for the Northern Powerhouse if it is to achieve the so-called "economic dynamism not seen in Britain since the Industrial Revolution."...more

A constructive anomaly in Australian takeover policy 'Truth in takeovers' acceptance statements

Under current takeover policy, a 'truth in takeovers' statement can commit a target shareholder to accept a takeover bid, even when the shareholder is prohibited by law from giving a contractual commitment to accept. That is...more

USDOT Announces $500 Million in New Round of TIGER Funding

The United States Department of Transportation (“USDOT”) announced Tuesday that it will provide $500 million for an eighth round of the Transportation Investment Generating Economic Recovery competitive grant program (the...more

2016 New York Legislative Session Update

Hearings, hearings, hearings. As is the case every year, marathon joint budget hearings on the various issues areas in the Governor’s 2016-17 spending plan have consumed legislators during the end of January and beginning of...more

Weekly Review of the Massachusetts Gaming Landscape

Massachusetts Gaming Commission Submits White Paper to the Legislature - If you have some skin in the game, submit a white paper. That’s what the Massachusetts Gaming Commission did in an effort to provide clarity on...more

Energy in Maine's 2016 State of the State

Maine Governor Paul LePage has released his 2016 State of the State remarks in the form of a letter to the state legislature. Among his top priorities detailed in the letter is addressing the high cost of electricity in the...more

Charlottesville as a "Hotbed for Innovation": Fastest Growing Area in US for Venture Capital Funding

Where a court is located often determines the type of cases that it hears. For example, the "Rocket Docket" of the Eastern District of Virginia hears a large number of patent and technology-related cases both because of the...more

Governor Baker Files FY2017 Budget, Economic Development Bill; Speaker DeLeo Outlines Agenda

With Beacon Hill off and running in the new year, Governor Charlie Baker and House Speaker Robert DeLeo this week unveiled key parts of their policy agendas for 2016. As part of his second budget proposal since assuming...more

2016 New York Legislative Session Preview

With the delivery of the State of the State address and budget presentation on January 13, the New York legislative session finally began in earnest. As it does every year, the Governor's budget broadly outlines a roadmap for...more

Application Deadline for the CITF Grant and Loan Program – February 26, 2016

The deadline to submit applications for Community Infrastructure and Tourism Fund (CITF) grants and loans is February 26, 2016. There is an estimated $6,600,000 available in grants and loans for approved applicants. The...more

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