Faegre Baker Daniels is pleased to announce that Jim Philbin has joined the law firm as counsel in the labor and employment group in Washington, D.C. Jim is a labor lawyer, litigator and corporate counsel who leverages 25 years of experience as a partner in a global law firm and over a decade of experience as a corporate executive, director and the general counsel of Maersk Inc., the North American subsidiary of A. P. Moller-Maersk A/S. Jim helps clients solve...

TD Bank Group (TD) today issued a progress report on advancing towards a transition to a low-carbon economy in North America, a component of its corporate citizenship platform, The Ready Commitment. In December 2017, TD set a target of a total of CAD $100 billion in low-carbon lending, financing, asset management and internal corporate programs by 2030. TD recognizes that a transition towards a low-carbon economy will likely require a few decades to achieve. Therefore, TD is taking a balanced approach by supporting conventional energy sources...

By Jeffrey G. Cohen | Joseph Molloy | Grassi & Co. On October 19, 2018 the Treasury and IRS issued proposed regulations on the new Opportunity Zone Tax incentive created by the Tax Cuts and Jobs Act (TCJA) encouraging economic growth and development through private investment in specific low-income or rural communities and disaster areas. A Taxpayer may exclude from gross income, gain on the sale or exchange of any property to an unrelated party in the tax year of the sale, or exchange if...

By Alexandra Stanton | CEO | Empire Global Ventures LLC Four reasons working couples should consider adding a regular planning session to their household routine. I had always vowed I wouldn’t be that woman. You know, the one who makes it look so easy through her brilliant delegation but secretly is taking care of everything behind the scenes. I had always known that I’d need a life partner who would share responsibilities equally. Fathers now spend a significantly increased amount of time with...

The Italian Budget Law for 2018 (Law no. 205/2017) (“the  Law”) establishes a mandatory real-time electronic sales invoice issuance and reporting system (“E-invoicing”). E-invoicing will be mandatory in Italy as of January 1, 2019. E-invoicing requirement will be applied to all companies that are tax residents in Italy, but it will not cover the following categories: (1) non-resident taxpayers that are not subject to VAT. Notwithstanding such exclusion, it is possible for Italian companies to issue invoices to such non-residents...

By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #4 –that there are too many business regulations in the US to make doing business in the US worthwhile. In this installment, I will address Myth #5. If we enter the US we may be jeopardizing your valuable intellectual property.  Like...

By Kevin Power | Mason Hayes & Curran 2018 has seen many developments in the healthcare sector including open disclosure on a statutory basis. None of us could have foreseen how open disclosure would become the focus of national debate and indeed controversy. As the CervicalCheck story unfolded, it was news to many that there was no provision for mandatory disclosure. This was followed by the Scally report and Judge Meenan’s report on an alternative system for dealing with claims arising from CervicalCheck. We also...

Vistra, a leading global trust, fund administration and corporate services provider, today released the eighth edition of its Vistra 2020 industry research report. The report reveals that the corporate services industry has never been so vital in underpinning globalisation, from the facilitation of cross border capital flows, to the provision of local compliance, legal and regulatory expertise to companies and individuals wishing to do business cross border. “As the industry responds to geopolitical upheaval, as businesses and jurisdictions come to...