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Brexit News, Member News

The Weekly Vulcan View For March 25th – March 29th 2019 Featuring Analysis Of The Latest EU Developments

Key Events This Week: Parliament fails to truly take back control This week the House of Commons voted to endorse an amendment by senior Conservative MP Sir Oliver Letwin which resulted in parliament taking control of the order paper. With the Government effectively losing control over its ability to set its own business, MPs moved on Wednesday to vote on a range of proposals aimed at breaking the impasse in the Brexit process. However, all 8 indicative votes including a proposal...

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Member News

Digital Planning Podcast: What Are Digital Assets?

The Digital Planning Podcast is designed to educate individuals about all things digital in connection with estate planning, business planning and estate administration.   Your hosts, attorneys Jennifer Zegel of Kleinbard LLC, Ross Bruchof EstateGenie, and Justin Brown of Pepper Hamilton, will guide you through the digital world and aim to keep you informed of developments and updates in this ever-changing space. In our introduction episode, Jen, Ross and Justin discuss the creation and purpose of the Digital Planning Podcast.   And in our first episode, Jen sets the scene...

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Member News

5 HR aspects to consider when expanding operations to Europe

Doing business in the world’s largest single market area simply makes sense. But foreign companies need to be prepared for Europe’s varied HR rules and regulations. There’s a lot to gain from establishing operations in Europe, particularly the European Union, with its reduced trade barriers, lower business costs and increased efficiency as you sell your goods and services to a 500 million-consumer market. But the EU’s lack of border bureaucracy and harmonisation of company law doesn’t extend to all aspects...

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Tax Reform Update: Cost Segregation and New Interest Limitation Rules

Cost segregation has long benefited taxpayers with increased cash flow and long-term net present value benefits by reclassifying building or improvement costs to property with shorter tax lives, such as personal property or land improvement property. We discussed cost segregation benefits in light of tax reform in a prior issue of For the Record (see Cost Segregation Benefits from the Recent Tax Reform Act). In this tax reform update, we discuss how cost segregation continues to add value in light of recent changes...

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500 Spanish entrepreneurs will get loans to focus on inclusion, poverty and the environment

The European Investment Fund (EIF) and MicroBank have signed a social entrepreneurship guarantee agreement in Spain supported by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe. This financing agreement was also made under the EU Programme for Employment and Social Innovation (EaSI). This guarantee agreement allows MicroBank to launch a new product, targeting 500 start-up and developing social enterprises across Spain over the next 2 and a half years. Under this EU backed program, Spanish...

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Structuring Cross-Border Venture Investments Under The CFIUS Pilot Program

By Daniel R. Sieck & Gregory C. Dorris | Pepper Hamilton| March, 3rd, 2019 U.S. technology companies raising funds from foreign investors should carefully consider whether the proposed financing transaction can be structured to avoid falling within the purview of the Committee on Foreign Investment in the United States (CFIUS), which now has jurisdiction to review certain financing transactions pursuant to interim rules under the Foreign Investment Risk Review Modernization Act (FIRRMA). In particular, FIRRMA expanded the jurisdiction of CFIUS through...

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Brexit News, Member News

Vulcan View – Analysis of the latest EU Developments 18 – 22 March 2019

Key Events This Week: Brexit woes continue but progress made As another extraordinary week in the Brexit saga comes to a close, we can finally say that some progress has been made, but whether for better or for worse is anyone’s guess. The EU 27 agreed on a response to Prime Minister May’s request to delay Brexit and avoid a chaotic split on March 29. They gave her two options. First, a short delay until May 22 for the UK to get...

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Member News

Don’t Let These 10 Legal Myths Stop Your Doing Business In The U.S.: Myth #10. It is almost impossible to locate trusted advisers including reliable and cost-effective lawyers and accountants.

By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the last installment in this series, I explained how many non-US companies, including Baltic businesses, may wrongfully refrain from doing business in the US because of  Myth #9 - There are no effective ways to control the risks to our business if we come to the US.  Today I address the last Legal Myth in this series - Myth #10 It is almost impossible to locate trusted advisers including...

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Member News

Disclosure Scheme Implemented in Certain Divisions of the High Court of England & Wales

By  Timothy S Murray |Christopher Colman What Is It? A two-year pilot scheme running in certain divisions of the English High Court, designed to reduce the volume of disclosure documents (discovery) produced in English litigation. What Will It Mean? In some cases - most likely smaller ones – the new scheme will result in the disclosure of more documents at an earlier stage in the proceedings. Previously, it was common practice for a limited amount of documentation (such as the relevant contract in...

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Brexit News, Member News

15 aspects of Brexit you did not know

The United Kingdom’s departure from the EU was scheduled to occur on 29 March 2019. Yesterday, the UK Prime Minister requested the EU an extension of Brexit until 30 June 2019. Donald Tusk, President of the European Council, responded that the EU would be prepared to allow this, provided that the UK approves the withdrawal agreement between the EU and the UK first. This effectively means that the UK will have to approve the original deal before 29 March 2019...

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