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Member News
Member News
27
Jun
The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe.
IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).
European View
As far as Europe is concerned, this month’s report includes articles on Greece, Ireland, Israel and the United Kingdom. There is a separate IPTI report on...
27
Jun
DS-Concept has provided a $3 million non-recourse factoring facility to a high-growth licensed toy manufacturer. The company is using DS-Concept’s factoring facility to expedite cash flow and facilitate its penetration into new overseas markets. As a seasonal business experiencing increasing demand from retail stores, the company saw DS-Concept as a better option than a traditional bank because of their ability to accommodate for growth and seasonality.
The company, based in Texas, is a licensed manufacturer and distributor of several well-known...
26
Jun
Meet Harvard Law grad Raj Goyle, a high-end lawyer turned legal entrepreneur who never bothered with Biglaw
Happy summer to all you lawyers out there — billing Biglaw hours, while searching for a better way. Today, I offer a glimmer of hope to associates wearing the golden handcuffs, and the law students who haven’t tried them on yet! While I have fond memories of my old firm, there is no question that life as a Biglaw associate is really really...
23
Jun
A year ago today, on 23 June 2016, 33 million people went to the polls in the UK and Gibraltar to decide whether to remain in or leave the European Union. Some 52% voted in favour of leaving and so began an extraordinary and uncertain process.
A year on, it is fair to ask three simple questions:
What have we learned?
How has EU law been affected?
What are the implications for business?
The short answers are: we have learned very little;...
23
Jun
British Prime Minister Theresa May met EU leaders yesterday at the first of a two-day summit where she presented a ‘’fair and serious’’ offer that would grant the 3 million EU citizens living in Britain guaranteed rights. With negotiators on both sides addressing the most pressing issues of citizens’ rights, Britain’s debt obligation and the Irish border before discussing any future trade arrangements, Ms. May was eager to make a speedy resolution on the rights of EU & UK...
21
Jun
Firms to collaborate on driving Transatlantic policy and investment
Blue Star Strategies, LLC announced that Mathilde Defarges, Partner at Arcturus Group, will serve as strategic advisor for France and Brussels to the firm.
Ms. Defarges will work with Blue Star Strategies to drive Transatlantic policy and investment by supporting European clients with interests in the United States and North American clients with interests in France and Brussels. She will continue to serve as partner at Arcturus Group from her Paris and Brussels...
20
Jun
BY MICHELLE WHITE AND JOE CURTIS ON
JUNE 13, 2017
The U.S. Citizenship and Immigration Services (USCIS) recently issued a policy memorandum directing USCIS personnel to adopt the Administrative Appeals Office’s (AAO) reasoning in Matter of I-Corp. Specifically, pursuant to Matter of I-Corp., USCIS is directed to deny visa petitions that are based on an illegal or otherwise invalid or unenforceable employment agreement.
Matter of I-Corp. pertained to the denial of a petition for an L-1B visa on the grounds that the evidence...
20
Jun
The Act of 10 August 2016 modernising Luxembourg company law and amending the Act of 10 August 1915 on commercial companies (the "Act") has clarified the rules applicable to the issuance of convertible debt instruments.
1. General rules
The issuance of convertible bonds by a Luxembourg-based company is subject to the rules laid down in Articles 84 to 94-8 of the Act. The issue documentation can, however, derogate from these rules, at the company's choosing.
These rules can be applied in whole...
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