Member News

Member News
31
Jul
Technology is changing every industry and healthcare is no exception. In the past, you might have had to join a long waiting list to see your local GP. Today, mobile healthcare (“mHealth”) allows you to download an app, consult a practitioner by video call, access your records, get diagnosed, monitor your symptoms remotely, manage your prescriptions, set reminders for treatment and that’s just on your morning coffee break. mHealth may have your healthcare covered, but who is looking after...
28
Jul
Highlights in this edition:
Netherlands implementation proposal for EU Anti-Tax Avoidance Directive published
CJ rules that German provisions denying the deduction of pension and health insurance contributions is in breach of the free movement of workers (Bechtel)
AG Kokott opines that Finnish taxation upon transfer by a resident company of a foreign PE is not in line with the freedom of establishment (A Oy)
CJ rules that a vendor in good faith cannot be required to pay VAT at...
27
Jul
Houlihan Lokey is pleased to announce that Agilex Fragrances, a portfolio company of MidOcean Partners, has been acquired by Firmenich International SA (Firmenich). Financial terms of the transaction were not disclosed. The transaction closed on July 11, 2017.
Headquartered in Piscataway, New Jersey, Agilex Fragrances is a leading provider of fragrance compounds and delivery systems to mid-sized customers. The company possesses leading creative and technical capabilities for the customers it serves, which are primarily manufacturers of air care, home care,...
26
Jul
On May 23, 2017, U.S. Citizenship and Immigration Services (USCIS) issued a policy memorandum adopting the Administrative Appeals Office’s (AAO) decision in the case Matter of A-T-Inc. The adopted decision establishes binding policy guidance for USCIS adjudicators on the issue of when a degree-conferring institution must be accredited for purposes of qualifying for the H-1B advanced-degree exemption (i.e., the “master’s cap” exemption). Specifically, the adopted decision provides clarification that the university or college where the beneficiary obtained his or her advanced degree must...
26
Jul
U.S. Citizenship and Immigration Services (USCIS) published a new edition of the I-9, Employment Eligibility Verification Form on July 17, 2017. Employers may now use the revised version, dated 07/17/17 N, or continue using the Form I-9 with a revision date of 11/14/16 N through September 17, 2017. On September 18, 2017, the 07/17/17 N edition of the Form I-9 will become mandatory. Employers must also continue to follow existing storage and retention rules for any previously completed Forms I-9.
Form I-9...
26
Jul
The House of Stark is back! And given who we are, we couldn’t help but ask: “Is Winter Coming for Big Law?” We know the legal industry is changing by the day - and tons of work that used to be locked up with certain firms is now up for grabs.
The most innovative GCs are unbundling their legal relationships from the highest priced, big-ticket firms. Today's GC doesn’t want to be paying $1M for a $100 million M&A matter...
26
Jul
Stout announced today that its client, Lloyd Industries, LLC (d/b/a LloydPans®), a portfolio company of Centre Lane Partners, LLC (Centre Lane Partners), has been sold to Cornerstone Foodservice Group, Inc., a portfolio company of ShoreView Industries. Stout served as exclusive financial advisor to LloydPans® and Centre Lane Partners in connection with this transaction.
Based in Spokane, WA, LloydPans® manufactures branded, off-the-shelf and custom-built commercial-grade cooking, baking, and other products used in consumer and commercial kitchens and restaurants. Customers and end-users...
26
Jul
CLIENT ALERT 7/25/2017
The Second Circuit held in United States v. Allen, an appeal arising from the first U.S. prosecution in connection with the LIBOR manipulation scandal, that it violates a defendant’s Fifth Amendment privilege against self-incrimination to present an investigating grand or a trial jury with testimony that the defendant was compelled to give to foreign officials, regardless of whether the compelled testimony was presented directly or through another witness.
On July 19, the U.S. Court of Appeals for the Second...
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