Brasil, Chile y Marruecos recientemente se unieron al “Convenio de La Haya del 5 de octubre de 1961 Suprimiendo la Exigencia de la Legalización de los Documentos Públicos Extranjeros” (la “Convención de la Haya sobre la Apostilla”)
On August 3, 2016, Germany's Federal Labor Court ruled that while the payment of employee bonuses and their amounts are at the discretion of the employer, they are subject to full judicial review.
On July 13, 2016, the Frankfurt Higher Labor Court held the dismissal of an employee in response to demands by the New York State Department of Financial Services (NYDFS) was invalid.
Since the European Court of Justice declared invalid the Safe Harbor agreement between the U.S. Dept. of Commerce and the European Commission for the transfer of personal data, hundreds of U.S. multinationals have been struggling to find an alternative.
In March 2016, the Corporate Human Rights Benchmark published its “Pilot Methodology,” revealing plans for a publicly available, comparative, year-on-year “snapshot” of the human rights performance of the largest 500 companies.
In response to the announcement of a "Privacy Shield" to replace the invalidated U.S.-EU Safe Harbor Framework for cross-border data transfers, the EU's Working Party has expressed reservations and provided limited guidance for U.S. multinationals.
In a long-awaited and much-anticipated announcement, the U.S. Department of Commerce and the European Commission (the “Commission”) declared on February 2, 2016, that they had struck a deal on a new cross-border data transfer framework.
