Houlihan Lokey is pleased to announce that English Bay Batter L.P. (English Bay), a portfolio company of Kilmer Van Nostrand Co. Limited, has been acquired by Cerelia SA (Cerelia), a portfolio company of IK Investment Partners (IK). The transaction closed on March 31, 2017. Founded in 1983, English Bay is a producer of refrigerated dough and other finished baked products, including cookies, croissants, muffins, and brownies. Based in Vancouver, British Columbia, the company employs 430 people across five industrial sites in...

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The World Trade Centers Association is pleased to announce the results of the 2017 election of its Board of Directors. Please join us in congratulating the following newly elected and re-elected directors: Asia Pacific Region (6) Mr. Vijay Kalantri (WTC Mumbai) Ms. Catherine Lee (WTC Nanjing) Mr. Balaram Menon (WTC Bengaluru) Ms. Jiuling Xiong (WTC Beijing)  Mr. Jianrong Yang (WTC Shanghai, newly elected)  Mr. Walter Yeh (WTC Taipei, newly elected) Europe Region (8) Mr. Rustu Argit (WTC Istanbul) Mr. Rolf Draak (WTC...

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DS-Concept, a leading international trade finance firm, is pleased to announce the promotion of John Stillwaggon to the position of CEO, USA.  In this role, he will be responsible for leading the region’s strategy, growth, and profitability, while managing overall operations.  The position reports into Rene Pastor, President of Global Commercial Operations, located in the firm’s German HQ office. According to Mr. Pastor “John has shown steady growth within our organization, both in originating new business, as well as in...

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This Article was previously published at the Orlando Sentinel and was published on our website with permission by the author. Speaker Paul Ryan and other leading House Republicans are pushing a tax plan that would exempt income from exports from U.S. corporate taxes while denying tax deductions for the costs of imported inputs of goods and services into U.S. production. This proposed “border adjusted tax” could cause cascading harm to U.S. consumers, workers, manufacturers, retailers and, indeed, the entire U.S. economy. In effect,...

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The survey, part of IIE’s Generation Study Abroad, will be conducted in collaboration with Study Partners: American Association of Collegiate Registrars and Admissions Officers (AACRAO), National Association of Colleges and Employers (NACE), AIFS, CIEE, IES Abroad, and ISEP. This study aims to provide evidence of what is otherwise assumed anecdotally about the role study abroad plays in developing competencies for the 21st century job market. The study will employ a two-stage mixed methods approach to gather both quantitative and qualitative...

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You’ve decided to expand internationally; what next? The first step is doing adequate research to determine which country / market is right for your product. In addition, there is a wide range of commercial, legal, tax and other issues to consider – so do not underestimate the importance of planning ahead. Timescales for set up vary from country to country and you’ll want the legal, tax and other regulatory necessities to be set up in good time to align...

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SAN FRANCISCO, April 11, 2017—The Institute of International Education (IIE) and Juniper Networks (NYSE: JNPR) announced its class of winners for the WeTech Scholarships & Internships for University Women in STEM. Fourteen women across the globe were selected to receive a scholarship to support their undergraduate studies in science, technology, engineering and math (STEM) fields, and also participate in an internship at one of the global offices of a leading technology company, Juniper Networks. Currently in its third year, this...

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This month’s data protection and privacy update covers an interesting relevant incidence within the Netherlands, discusses an important case that touches upon the subject of conflict of laws in light of the GDPR, and takes another close look at the Privacy Shield. I Dutch developments Vote compasses adjust their methods following warning from the Dutch Data Protection Authority The Dutch Data Protection Authority (DPA) investigated 24 interactive vote prior to the recent elections that took place in the Netherlands on March...

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Lincoln International, a leading global, mid-market investment bank, proudly announced today that Brent Williams and Brendan Murphy have joined the firm’s Special Situations and Restructuring Practice. Both will be based in Lincoln’s New York office and serve as Managing Directors in the Special Situations Group, and Mr. Williams will Co-Head the Group alongside Alex Stevenson, Managing Director in Lincoln’s Los Angeles office. Adding two Managing Directors that have successfully worked together for many years to an already active special...

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On March 31, 2017, the U.S. Citizenship and Immigration Services (USCIS) issued a policy memorandum that provides new guidance regarding H-1B visas for computer-related positions. This document supersedes and rescinds a December 2000 memorandum that the agency has deemed “obsolete” and an inaccurate articulation of current policy on H-1B visa criteria. The new memorandum amends the prior analysis for determining when programmers should be classified as professionals. Now a more thorough analysis must be used for assessing whether the programmer's...

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