Given the rocky nature of the markets on Wednesday, we thought we'd start TreppWire with a little chicken soup for the CMBS soul. The servicer for the $3 billion Stuyvesant Town/ Peter Cooper Village loan increased the appraised value of the property according to data received this week. Previously valued at $3.4 billion as of September 2013, the loan's appraisal was bumped up to $3.5 billion this month. As a result, the appraisal reduction assigned to the note was lowered. The lowest reported...

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The European Commission has commenced investigations into so called 'tax rulings' issued by several Member States. These rulings include comfort letters issued by (national) tax authorities giving a specific company clarity on how its corporate tax will be calculated or on the use of special tax provisions applicable to their specific situation. In general, tax rulings may involve state aid within the meaning of EU rules if they are used to provide selective advantages to a specific company or...

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Goldberg Segalla partner Joseph M. Hanna recently received honors that underscore both his prominence as a commercial litigator and his steadfast drive to promote diversity. The accolades reflect our firmwide commitment to raising the standards of legal practice as well as advancing diversity and inclusion in the legal and business communities. Joe earned special placement among the Top 10: Best of the Best in Business First’s 2014 Legal Elite of Western New York, an exclusive list of the area’s most accomplished...

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Dutch Mortgage Funding Company (DMFCO) launched a platform which enables institutional investors to directly invest in Dutch residential mortgage loans. Three large pension funds have agreed to invest over EUR 1.7 billion. NautaDutilh, a member of the EACCNY, acted as counsel to DMFCO and the pension funds and was responsible for the legal, regulatory and tax structuring and all documentation. Together with three large Dutch pension funds, Pensioenfonds Metaal and Techniek (PMT), Pensioenfonds voor de grafische bedrijven (PGB) and Pensioenfonds...

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TK Markets Inc. has changed its name to BOS Container USA Inc. to better reflect the company they represent, BOS GmbH Best Of Steel, of Emsdetten, Germany, and leverage from the branding created for decades in the European market. Launched in 1967, BOS GmbH manufactures a range of steel products ranging from door and window frames, quick-build warehouses, material containers, and quick build warehouses. With more than 350 employees, the company distributes throughout Europe and prides itself on its engineering...

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