Schumer's Legislation, the "JOLT" Act - Will Reform Outdated Visa Laws to Allow Increased Business and Leisure Travel from Countries Like Poland. Increased Business and Leisure Travel from Poland Will be A Win-Win for Polish Visitors and the U.S. Economy Schumer: Polish Citizens Fight Alongside Americans in Afghanistan But Can't Visit the U.S. Without A Visa - Time to Stop U.S. Senator Charles E. Schumer today announced that he was pushing to make Poland eligible for the Visa Waiver Program (VWP)...

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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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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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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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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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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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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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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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