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Journey to Croatia

Tasteful Croatian Journeys is grateful to Conde' Nast Traveler for honoring Wanda S. Radetti again as the World Top Destination Specialist for Croatia. Wanda designs the ultimate in tailor-made luxurious travel packages to Croatia. Her itineraries weave history and culture together with natural beauty while engaging all of the senses. The emphasis is always comfort, safety, and excellence in service. They are a one-stop-shop for all services that the sophisticated and discerning traveler will require in Croatia. They organize services...
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CMS Hasche Sigle advises Telefónica Deutschland on the largest IPO in Germany within the last five years

EACCNY member CMS Hasche Sigle is happy to inform that the CMS cross border team advised Telefónica Deutschland in all legal matters relating to the largest IPO in Germany within the last five years. The shares have been traded on the Frankfurt stock exchange since 30 October 2012. Upon full exercise of the greenshoe-option, the gross issue proceeds would amount to EUR 1.45 billion. For further information, please see this press release.
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French minister Fleur Pellerin launches the “Say OUI to France” campaign

In October, 2012, at the Massachusetts Institute of Technology, Ms. Fleur Pellerin, the French Minister Delegate with responsibility for SMEs, Innovation and the Digital Economy, held an early breakfast meeting with theUStechnology press to mark the launch of the joint INPI/IFA "Say OUI to France – Say OUI to innovation" campaign. The meeting was held on the fringes of EmTech, a major international trade show on emerging technologies organized by the MIT TechnologyReview. This is the signature to the new...
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Gift Tax Exemption Will Not Likely Be Extended.

In response to the results of the 2012 election, John O. McManus - top AV-rated tax and estate planning attorney and founding principal of Tri-State-Area-based McManus & Associates - released the following guide to changes in tax rates and exemptions, as well as a statement below: 2012 and 2013 Tax Rates and Exemptions                                                                                                               2012                 2013 Estate Tax Rate                                                                                 35%                   55% Estate Tax Exemption                                                                        $5.12MM          $1MM Gift Tax Rate                                                                                      35%                   55% Gift Tax Exemption                                                                             $5.12MM          $1MM Generation Skipping Transfer...
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Laurent Schummer, Corporate Partner, joins Arendt & Medernach

Arendt & Medernach, the leading independent business law firm inLuxembourg, is pleased to announce the arrival of Laurent Schummer at the firm. Laurent Schummer specialises in corporate law, mergers and acquisitions, joint ventures and the structuring of private equity funds. Laurent, who was admitted to the Luxembourg Bar in 1998, has spent most of his career in the Corporate department of a large international law firm inLuxembourg. He holds a law degree (Licence en droit) from the Catholic University of...
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CFPB Small Business Panels: What a Change in ‘Size Standards’ Could Mean

The Dodd-Frank Consumer Financial Protection Act gave the new Consumer Financial Protection Bureau (CFPB) the honor of being one of only three agencies subject to a statute that is aimed at providing extra protection for small businesses. This little-known law, the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA), requires covered agencies - the Environmental Protection Agency (EPA), the Occupational Safety and Health Administration (OSHA), and now the CFPB as well - to convene a special panel whenever one...
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Pepper Hamilton Client Alert: Déjà Vu All Over Again: FINRA to Focus on Conflicts of Interest Regarding the Sale of Complex Financial Products in the Wake of the Financial Crisis

The Financial Industry Regulatory Authority (FINRA) has announced it will be looking closely at potential conflicts of interest and financial incentives tied to the sales of complex financial products by major brokerages. The regulator also is looking at conflicts and incentives at broker-dealers that develop and sell certain complex products. FINRA has already commenced a sweep of firms to review how they identify and manage these conflicts of interest. As noted in a recent Wall Street Journal column, these initiatives...
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Trusts and Estates Law Firm McManus & Associates Wins Global Award for Asset Protection

Corporate Intl Magazine Names McManus & Associates Firm of the Year for Asset Protection Law in New Jersey. Corporate Intl Magazine has chosen McManus & Associates, a Tri-State area-based trusts and estates law firm, as the winner of the 2012 Corporate Intl Magazine Global Award for Asset Protection Law, Firm of the Year in New Jersey. The nomination, research and judging process took a full 12 months. Established in 2005, Corporate Intl is one of the leading monthly titles for business...

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