Economic Development

News & Analysis as of

As MassPort Boss Reminds Us, Boston Wouldn't Be The Hub without Fishing, Seafood

Tom Glynn was careful to describe Boston’s hottest new neighborhood as the South Boston Waterfront in an op-ed piece he wrote for the Boston Globe the other day. You would expect nothing different from the CEO of the...more

North Carolina Legislative Report

The General Assembly convened for the 2015 legislative session on January 14. Lawmakers returned to Raleigh on January 28 to begin the session in earnest. The MVA Public Affairs Legislative Report on North Carolina will be...more

Without Prejudice - Vol 15 No 7, August 2015

According to the Preservation and Development of Agricultural Land Framework Bill of 2014, “agricultural land is the common heritage of all the peo-ple of South Africa and the Department of Agriculture, Forestry, and...more

North Carolina General Assembly Week in Review

Senate Bill 534, 2015 Continuing Budget Authority, commonly referred to as a Continuing Resolution (CR), expired Friday at 11:59 pm. It was passed at the end of June with hopes to have a budget agreement by August 14. In...more

“No Build” Condition On Shopping Center Property Is Compensable Regulatory Taking

The Court of Appeal has squarely held that a prohibition on development of a portion of a shopping center project site, in order to “bank” that property for possible future acquisition, was a temporary taking. (Jefferson...more

Trade & Manufacturing - News of Note - August 2015

The World Trade Organization (WTO) Appellate Body (AB) has released its 2014 annual report highlighting its work and the disputes adjudicated in the previous year....more

Fronting Practices

The Broad-Based Black Economic Empowerment Act 53 of 2003 ("BEE Act") was recently amended to provide for (amongst other things) the criminalisation of fronting practices. The Broad-Based Black Economic Empowerment Commission...more

"Wake up, England!"* - The UK’s 2015 Productivity Plan

*The title usually given to a speech by the Prince of Wales (later King George V) on 5 December 1901, when just back from a tour of the British Empire, as the Empire’s clarion call to England, the "mother country". In July,...more

Australian Infrastructure – The Challenges to 2031

Released in May 2015 by Infrastructure Australia, the Australian Infrastructure Audit examines our asset base and sets out the needs and challenges facing the Australian infrastructure sector and its participants over the...more

Womble Carlyle Legislative Update - August 7, 2015

Angel and Laura worried all week about what we could tell you about in our weekly update, but then yesterday happened. Lo and behold this week has written itself. Silly us! New Senate Budget Strategy: truce, sort...more

The Omani Authority for Partnership for Development issues new regulations

As we reported last year, the Omani Authority for Partnership for Development (OAPFD) was established in 2014 to oversee and manage Oman's offset regime, the Partnership for Development (PFD) programme. On 3 June 2015, the...more

Senegal's New Mining Code: What Mining Companies Need to Know

Undeterred by the recent drops in commodity prices, Senegal is on the verge of introducing its new mining code, which has been a work in progress since 2012 when proposals were first made to revise the current mining code...more

Abu Dhabi Global Markets: New Regulations: Application of English Law Regulations

The Application of English Law Regulations (in this section, the ‘’Regulations’’) provide for the application of English common law and certain English statutes in the Abu Dhabi Global Market, however, these...more

Regional Manufacturing Outlook - July 2015

Manufacturing is important to our national economy in terms of its contribution to the UK’s productivity performance, exports, innovation capacity and employment. It also makes significant contributions to local...more

Connecticut Legislation Establishes Strategic Partnerships in Cybersecurity

On July 10, 2015, Governor Malloy signed into law Special Act No. 15-21 – An Act Establishing Strategic Partnerships in Cybersecurity. The Connecticut legislation directs the Department of Labor, in conjunction with the...more

More Than $200 Million Available to Support California Businesses

The Governor’s Office of Business and Economic Development will award more than $200 million in California Competes Tax Credits within the next year. The tax credits are for businesses that want to move to California, or...more

Coming to America: Challenges in Moving Manufacturing to the U.S.

News of manufacturing companies coming to America or choosing to stay in the U.S. is plentiful of late. Why the focus on American manufacturing? And, perhaps more important, what are the legal and cultural issues facing...more

More Federal Money for Manufacturers

As reported by Industry Week, the U.S. Secretary of Commerce recently announced that 12 additional communities will receive designations under the Obama Administration’s Investing in Manufacturing Communities Partnership...more

Africa Update - July 2015 #2

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from Leading the...more

Enforcing arbitral awards in Sub-Saharan Africa--Part 1

Arbitration analysis: In Part 1 of this series, Steven Finizio, Danielle Morris and Katherine Drage of Wilmer Cutler Pickering Hale and Dorr LLP explore the importance of enforcement of arbitral awards to those investing in...more

North Carolina General Assembly Week in Review

The House voted not to concur with the Senate’s budget proposal Tuesday in a unanimous vote of 112-0, setting off budget negotiations between the two chambers that could last well into the summer. In rejecting the Senate’s...more

Protecting Your Business in the Innovation Economy

The recent 12th Annual State of the Research Triangle Region event highlighted the innovation economy in North Carolina and particularly the Research Triangle area as a “smart region.”...more

Legislation Enhances Florida Craft Beer Industry

While many states, including such craft beer meccas as Colorado, Oregon and Vermont, have been embracing the explosion of the craft beer culture in America, Florida has been waging war against craft beer in true...more

2015 Oklahoma Tax Legislation: Wind Farm Tax Incentives, Tax Amnesty Program, Aggregate Income and Franchise Tax Return, Tax...

The Oklahoma Legislature enacted changes in Oklahoma tax laws in its 2015 session. The changes include a tax amnesty program for payment of delinquent taxes without interest or penalty during a two (2) month...more

Open for Business: Who's Investing in Latin America [Video]

Latin America is open for business and the world is taking notice. Foley Partner Jeffery Atkin outlines which countries are actively taking on development projects in Latin America and how the culture is affecting the way...more

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