The state of Israel has always invested a large amount of effort to attract people from around the world to immigrate to Israel and to invest their funds in Israel.
Last week, Judge Rakoff of the U.S. District Court for the Southern District of New York addressed whether section 550(a)(2) of the U.S. Bankruptcy Code applies to wholly foreign transfers. This Client Advisory discusses Judge Rakoff’s decision and its implications for non-U.S. creditors.
This Client Advisory discusses the key securities provisions of the recently enacted FAST Act, and its impact on emerging growth companies, disclosure requirements for reporting companies, resales of unregistered securities and the registration process for smaller reporting companies. (PDF)
Three New Members Are Added but German Museums Can Still Decline to Participate
The Holocaust Expropriated Art Recovery (HEAR) Act of 2016 has been pending for several monthsnow, and was recently recommended favorably by the Senate Judiciary Committee in September.
On May 18, 2016, the U.S. Department of Labor released a Final Rule updating the overtime regulations that revises the salary test for the "white collar" exemptions to the Fair Labor Standards Act ("FLSA"). The Final Rule will go into effect on December 1, 2016.
At this year’s Masters golf tournament, there were three holes in one on the same day on the same hole — one of which rolled in after colliding with another golf ball! Do you think the odds of that happening are greater than Congress ever approving a corporate tax reform package?
Douglas S. Stransky and Geoffrey L. Wynne co-wrote an article, "Ironing out the kinks," that was published in Trade & Forfaiting Review on March 18, 2016. In the article, Mr. Stransky and Mr. Wynne examine the impact of the Foreign Account Tax Compliance Act (FATCA) and the confusion arising in its implementation.
This Client Advisory discusses a recent New York appellate case which deals with the "fiduciary exception" to the attorney-client privilege. (PDF)
The IRS has announced the various qualified plan related limits for 2016. For the most part, the limits have not changed from 2015. The following table includes the most widely used limits relating to qualified plans and includes both the 2015 and 2016 amounts.
This Client Advisory discusses a new SEC rule under the Dodd-Frank Act requiring that public companies present the ratio of their chief executive officer’s total annual compensation to their median worker's compensation.
This Client Advisory discusses Regulation A+ and the creation of a new category of exempt private placements. (PDF)
OPPORTUNITIES EXIST FOR PARTNERING COMPANIES TO COMPETE FOR INNOVATION GRANTS On December 19, 2014, President Obama signed into law S. 2673, which extends Congressional authorization for the BIRD Foundation’s Energy Program through September 30, 2024.
A website's distinctive appearance, layout, and design qualities—its "look and feel"—are often the most important tools through which a company can make a first impression on consumers and effectively market its brand.
This Client Advisory addresses recent clarifications to the Massachusetts fine art consignment statute, in particular with respect to UCC creditors. (PDF)
In this article, Edwin Miller and Shy Baranov offer guidance to Israeli companies considering an IPO in the United States. Israeli companies can take advantage of financial market conditions in the United States that have become wide open for underwritten initial public offerings by promising Israeli companies, particularly technology-based companies.
