On June 25, 2015, Congress approved H.R. 1295 – the Trade Preferences Extension Act of 2015 (the “Act”). Once signed into law by the President, the Act will renew the Generalized System of Preferences (GSP) preferential duty program, which expired on July 31, 2013. The renewal will be retroactive, meaning that otherwise-eligible GSP merchandise entered between July 31, 2013, and the effective date of the law will be eligible for refunds of duty. Importantly, the duty refunds will not be automatic,...

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Gregory J. Nowak, partner with Pepper Hamilton and a practice leader for hedge funds in the firm’s Funds Services Practice Group, will be speaking at Wall Street's third annual Crowdfinance Conference in New York. Financial veterans and industry leaders will gather to provide participants with the resources necessary to capitalize in a financial services industry that continues to innovate and rapidly transform the financial landscape. Crowdfinance 2015 will feature a powerful lineup of keynote presentations, interactive panel discussions, game-changing exhibitors...

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Bristol Myers Squibb, Fossil Group and Zimmer among the major multinational companies recognized by Switzerland Global Enterprise at 2015 Tell Awards Switzerland Global Enterprise, the official trade and investment body of the Swiss government, celebrated the winners of the 2015 Tell Awards. First presented in 2004, the Tell Awards program recognizes companies that boldly accept the risks and rewards that come with international expansion and demonstrate success with operations in Switzerland. Honorees at the 2015 Tell Awards, which will be presented...

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Pepper partner James D. Rosener was selected as Lawyer of the Year in the Association for Corporate Growth (ACG) New York Chapter’s 5th Annual Champion’s Awards, which were held June 18 at the Metropolitan Club in New York. The ACG Champion’s Awards is an annual program of ACG New York and The M&A Advisor that recognizes outstanding achievements of participants in the middle-market M&A industry in the greater New York metropolitan area. This is at least the third year in a...

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Mannheimer Swartling was named ‘Best Swedish Firm of the Year’ at the Chambers Europe Awards for Excellence ceremony held in Amsterdam. “We are delighted that Mannheimer Swartling has been named ‘Best Swedish Firm of the Year’,” says Jan Dernestam, managing partner. “We work hard to exceed our clients’ expectations in every single assignment, to always deliver the highest quality and offer innovative advice and solutions.” This recognition closely follows the firm receiving IFLR’s ‘Law Firm of the Year: Sweden’ award in...

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  New Policy May Provide Hope to Employers Frustrated by Historically High Denial Rates for High-Skilled Specialized Employee Transfers Over the past decade, in a trend that has caused concern among many U.S. employers, denial rates for high-skilled foreign national employee transfer visa petitions have increased substantially. In fact, according to a recent report from the National Foundation for American Policy, the denial rate for L-1B high-skilled international transfer visas increased to an historic high of 35 percent in FY 2014....

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A common trait in Portuguese entrepreneurs is their excessive individuality. In traditional sectors this has been most unfortunate, as it has inhibited cooperation between exporting companies that are usually small in the world stage and could benefit hugely if they worked more closely together. ] I’ve even witnessed first hand a Private Equity firm trying to promote an agreement between portfolio companies to jointly scout a specific foreign market. At the first opportunity, companies tried to steal clients from one another!In the...

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SRR's Women's Resource Group is proud to award scholarships to qualified female students pursuing a career in business. The purpose of the scholarship is to provide financial assistance to young women who embody SRR's core values and ambitions, and to aid in their aspirations of obtaining a business-related career. Congratulations to the Winners of SRR's Women in Business 2014 Scholarships (pictured above): Christina Wells - Michigan State University (top) Rachel Kitchens - University of South Carolina (lower left) Sarah Knop - Texas...

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  Many of New York City’s as-of-right economic incentive programs are due to expire soon. This means that benefits used to attract and retain businesses throughout the five boroughs are at stake. If your company has projects which may be eligible for these benefits, please take note. Agreements and applications must be made 2 weeks before these programs expire. More information & link to download here

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