The Consumer Product Safety Commission (“CPSC”) has issued a final rule which amends its regulations on testing and labeling pertaining to certification of children’s products.
Specifically, the final rule requires the selection of “representative” samples of children’s products for periodic testing by accredited third party testing labs. The final rule is effective on February 8, 2013 and applies to products manufactured after that date.
The CPSC defines a representative sample “as one that provides the manufacturer with a basis for inferring...
Client Alert: December 17, 2012
Jay A. Dubow | dubowjpepperlaw.com
Many corporate executives rely on Rule 10b5-1 plans to buy or sell shares of their company's stock without having to worry about violating insider trading laws, even when the trades take place when the executive possesses material nonpublic information about his or her company. However, recent Wall Street Journal articles have described civil and criminal investigations into possible misuse of Rule 10b5-1 plans by executives at a number of companies.
The Food and Drug administration has recently advised that a notice (presumably by e-mail) will be sent to the party named as “U.S. Agent”. There will be a link if the agent should want to decline being named as agent.
For more information and to read an example of the message the FDA expect to send out, click here.
On 11 December 2012, New York City's iconic landmark, the Empire State Building, will be lit in the European Union's flag colors, blue and yellow, to mark the award of the Nobel Peace Prize.
Empire State Building on 11 December 2012 - Award of the Nobel Peace Prize to the European Union
To mark the award of the 2012 Nobel Peace Prize to the European Union, New York City's famous landmark will light up in the EU's flag colors for the...
Tasteful Croatian Journeys is grateful to Conde' Nast Traveler for honoring Wanda S. Radetti again as the World Top Destination Specialist for Croatia. Wanda designs the ultimate in tailor-made luxurious travel packages to Croatia. Her itineraries weave history and culture together with natural beauty while engaging all of the senses. The emphasis is always comfort, safety, and excellence in service.
They are a one-stop-shop for all services that the sophisticated and discerning traveler will require in Croatia. They organize services...
EACCNY member CMS Hasche Sigle is happy to inform that the CMS cross border team advised Telefónica Deutschland in all legal matters relating to the largest IPO in Germany within the last five years.
The shares have been traded on the Frankfurt stock exchange since 30 October 2012. Upon full exercise of the greenshoe-option, the gross issue proceeds would amount to EUR 1.45 billion.
For further information, please see this press release.
In October, 2012, at the Massachusetts Institute of Technology, Ms. Fleur Pellerin, the French Minister Delegate with responsibility for SMEs, Innovation and the Digital Economy, held an early breakfast meeting with theUStechnology press to mark the launch of the joint INPI/IFA "Say OUI to France – Say OUI to innovation" campaign. The meeting was held on the fringes of EmTech, a major international trade show on emerging technologies organized by the MIT TechnologyReview.
This is the signature to the new...
In response to the results of the 2012 election, John O. McManus - top AV-rated tax and estate planning attorney and founding principal of Tri-State-Area-based McManus & Associates - released the following guide to changes in tax rates and exemptions, as well as a statement below:
2012 and 2013 Tax Rates and Exemptions
Estate Tax Rate 35% 55%
Estate Tax Exemption $5.12MM $1MM
Gift Tax Rate 35% 55%
Gift Tax Exemption $5.12MM $1MM
Generation Skipping Transfer...
Arendt & Medernach, the leading independent business law firm inLuxembourg, is pleased to announce the arrival of Laurent Schummer at the firm. Laurent Schummer specialises in corporate law, mergers and acquisitions, joint ventures and the structuring of private equity funds.
Laurent, who was admitted to the Luxembourg Bar in 1998, has spent most of his career in the Corporate department of a large international law firm inLuxembourg. He holds a law degree (Licence en droit) from the Catholic University of...
The Dodd-Frank Consumer Financial Protection Act gave the new Consumer Financial Protection Bureau (CFPB) the honor of being one of only three agencies subject to a statute that is aimed at providing extra protection for small businesses.
This little-known law, the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA), requires covered agencies - the Environmental Protection Agency (EPA), the Occupational Safety and Health Administration (OSHA), and now the CFPB as well - to convene a special panel whenever one...