JOHNSON CITY - Command Sergeant Major, U.S. Army (ret), James D. Lundy, marched off this mortal coil 29 January, 2021. Long a resident of Johnson City, Tennessee, he was born in Covington, Tennessee, 11 February, 1932.
Raised in a farming community, at 17, he enlisted in the U.S. Army. Completing his basic Infantry courses, he was stationed in Korea, just as hostilities erupted. Jim was wounded in Korea as he was climbing onto the tank he had managed to wave down so he could get the remnants of his unit a ride to escape capture during the U.S. Forces withdrawal south to Seoul. After recovering from his wounds, CSM Lundy advanced through the ranks, serving in a multitude of positions and units, including Infantry, Engineer and Training units, both in the United States and in the Federal Republic of Germany. Jim again entered combat, this time in Viet Nam. Upon his return, he was assigned to the ROTC detachment at East Tennessee State University, from which he finally retired in 1979
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Seat Belt Display Mercedes-Benz Museum
Driver and passengers are restrained in their seats in the event of a collision
Various airbags form supplemental restraint systems
“33 Extras”: Exhibits of motoring culture at the Mercedes-Benz Museum
Stuttgart. 160 vehicles and a total of 1,500 exhibits are presented in the varied permanent exhibition of the Mercedes-Benz Museum. The “33 Extras” are a particular highlight: they can bring the history of personal mobility and motoring culture to life using details that are often surprising. The Mercedes-Benz Museum Inside newsletter series draws attention to the “33 Extras” and focuses on their background stories. Today’s issue is all about the seat belt.
The proposed amendment will possibly lead to significant delays for non-EU investors.
Investors that already hold at least 10% of the voting rights and acquire additional voting rights can also trigger such a mandatory notification and standstill obligation.
In the future, non-EU investors will likely face a competitive disadvantage compared to their EU competitors.
Action items for our clients
Check transactions that are currently being negotiated and determine if they can be completed before the proposed amendment becomes effective.
Review your plans for future acquisitions and investments to account for potential significant delays. Solid preparation will become even more critical.
Going forward: The Ministry has launched public consultations on the draft of the FDI amendment keep an eye on this development! Of course, we will keep you posted.