By Claire D. Nilson & Philip Novak | Faegre Baker Daniels LLP. From 2021, visitors to the European Union (EU) who do not require a visa will have to apply for authorisation through the European Travel Information and Authorisation System (ETIAS). This new pre-travel screening system will apply to visitors to countries that are in the Schengen Area of the EU. Countries within the Schengen Area include all EU member states (except for Ireland and the United Kingdom (U.K.)), as...

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Not all financial or capital markets deals are straightforward. As markets mature and investors demand more from their deals, and as deals start to involve cross-border securities, all parties are finding their roles somewhat in flux. Traditionally when looking at deals such as syndicated loans, restructuring corporate debt, securitisation, or even a bond issuance placed in a mature market, it is not unusual for both lenders and their borrowers, guarantors and issuers to bring a fiduciary party such as a...

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By Huw Beverley-Smith & Jonathon A. Gunn | Faegre Baker Daniels LLP On 21 March 2019, an advocate general (AG) of the Court of Justice of the European Union (CJEU) delivered an opinion that sheds light on key issues related to websites’ use of cookies — data packets that can be used by websites to track individuals’ browsing histories and other data. Thiss followed a request for a preliminary ruling from the Federal Court of Justice in Germany (FCJ) regarding the...

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April 2019 FX OutlookPoor economic data and soft inflation saw several central banks, including the Federal Reserve and European Central Bank, take a dovish turn in March. Contrary to expectations that interest rates would rise as the G3 central banks were no longer adding to their balance sheets on a combined basis. The sharp drop in interest rates and the flattening of curves in March is one of the key factors shaping the investment climate. The fall in yields has...

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The Toy Association is among a prestigious group of global associations that received this year’s “Great Things Award” by Advanced Solutions International, provider of The Toy Association’s membership database platform and website software, iMIS. The awards were presented during ASI’s iMIS iNNOVATIONS partner and client conference held March 20 to 21 in Orlando, FL. The “Great Things Award” recognizes organizations that expertly utilize iMIS to improve operational efficiency, advance their mission, and achieve “great things.” The Toy Association has been an iMIS...

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Legance, a member of the EACCNY, has been named Law Firm of the Year in Italy. The award has been assigned by The Lawyer since the judges noted the firm’s “strong financials” and “collaborative ethos”. The motivation is: ‘In a decade this firm has risen to be a member of the elite inner circle at the top of the Italian legal profession. It has been a year of continued impressive progress.’ Moreover, during the awards, Legance has been ranked at...

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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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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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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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