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EACC Member ACG among the Winners of 3rd Annual 40 UNDER 40 M&A Advisor Recognition Awards – Eastern Region.

The M&A Advisor today announced the winners and finalists of the 3rd Annual 40 UNDER 40 M&A Advisor Recognition Awards – Eastern Region. The M&A Advisor, renowned globally for its recognition and presentation of leading M&A, financing and turnaround professionals, created this recognition awards program to promote mentorship and professional development amongst the emerging business leaders. The 2012 40 UNDER 40 Award Winners and Finalists have been chosen for their accomplishments and expertise from a pool of prominent nominees by an...

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2011 Anti-Corruption Year in Review

After years of headline-grabbing settlements and large, industry-wide investigations of U.S. Foreign Corrupt Practices Act ("FCPA") violations, 2011 marked a slowdown in the pace of the U.S. enforcment actions. However, 2011 did have the most FCPA trials in the statute's hsitory, and several resulted in key judgments, especially those relating to the definition of a "foreign official," that will impact future enforcement of the statue. A review prepared by The International Law Firm of Fulbright & Jaworski can be found here.

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Fulbright Forum: The Fundamentals and Best Practices in Protecting IP Asset in Employment & Independent Contractor Arenas

Barbara D'Aquila and Patrick Gallagher of Fulbright & Jaworski discussed the fundamentals and best practices to protect the company's greatest asset — intellectual property — when dealing with employees and independent contractors. The panel reviewed the basics including default ownership rules when there is no agreement key points to contemplate when drafting employment contracts and independent contractor agreements governing intellectual property, such as: consideration, governing law, pre-invention assignment clauses, and other important concepts. This Forum provided a review of best practices at the beginning, during, and end...

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New EU Data Protection Proposals and How They Affect Your Business

Data protection law is about to undergo the most fundamental change in 15 years. The EU’s Justice Commissioner, Viviane Reding, announced in January a proposal for reform of the EU data protection regime. If passed into law, the proposed changes would require businesses to make some significant changes to how they currently process and use personal data. The new rules will represent nothing less than a complete overhaul of the current data protection regime. Assuming the proposed reforms are adopted,...

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2011 – One of the Best Years Ever for Foreign Direct Investment in Ireland – 2012 Continues the Trend

Ireland remains a strong destination for international investment, including North America, exceeding comparable investments in Brazil, Russia, India and China combined for 2011.  Ireland offers numerous competitive advantages to international investors including: access to EU markets a competitive, corporate tax regime, including the 12.5% mainstream Corporation Tax rate and other important initiatives a Double Tax Treaty network increased competitiveness in the cost of  doing business a highly-qualified, experienced and educated workforce As a stable western democracy, Ireland’s business structures and regulatory framework are particularly suited to...

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Bill of law No. 6318 amending the Luxembourg law of 13 February 2007 on specialised investment funds has been adopted

On 6 March 2012, the Luxembourg Parliament passed bill of law No. 6318  (the “Law”) amending the Luxembourg law of 13 February 2007 on specialised investment funds. The Law foresees several important changes to the regime governing specialised investment funds or “SIFs”, one of Luxembourg’s most popular collective investment schemes among fund initiators and sophisticated investors, as evidenced by the almost 1,400 structures currently in existence. The SIF’s success is based on the product’s features which combine prudential supervision with...

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Houlihan Lokey’s 2011 Accomplishments

Houlihan Lokey earned several distinctions in their core businesses of corporate finance, financial advisory and financial restructuring, including: • No. 1 M&A Advisor for U.S. Transactions Under $1 Billion* • No. 1 Global M&A Fairness Opinion Advisor Over the Past 10 Years* • No. 1 Global Investment Banking Restructuring Advisor* • No. 1 Advisor to Private Equity Firms Over the Past 10 Years—PitchBook • Most Innovative Investment Bank for Restructuring—The Banker • Valuation Firm of the Year—M&A Advisor’s International Awards the firm looks forward to a...

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Irish Funds Industry Welcomes Positive FATCA Development

Mason Hayes Curran Investment Funds Update February/March 2012 The Irish Funds Industry Association (IFIA) has welcomed the news that European fund managers stand to save up to a reported $1 billion in costs associated with reporting obligations under FATCA. The news comes after the release, on 8 February 2012, of widely anticipated proposed regulations (the “Proposed Regulations”) by the US Department of Treasury and Internal Revenue Service (“IRS”). The Proposed Regulations provide guidance for foreign financial institutions, non-financial foreign entities, and...

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Update on the Appointment of Directors Through Conduit Firms

Mason Hayes Curran Investment Funds Update February/March 2012 On 21 December 2011, the Central Bank of Ireland (the “Central Bank”) issued a letter to the industry regarding director appointments via conduit firms. The Central Bank referred to previous correspondence issued to the industry where they advised of their concern that such arrangements may contain unacceptable limitations on the liability of directors and explaining their view that all director appointments must be made directly by the collective investment scheme (the “CIS”) or management company...

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