New York, November 5, 2015 - Curtis, Mallet-Prevost, Colt & Mosle LLP represented G2 FinTech (G2) in the sale of significant technology and intellectual property assets to KPMG LLP. G2 is a boutique tax technology firm specializing in tax analysis and compliance software for the investment management community. KPMG, the audit, tax and advisory firm, is acquiring all of G2’s U.S. tax software and intellectual property, including G2's flagship product, TaxGopher®. G2 will remain a separate entity with a continuing business...

DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $3 million export accounts receivable facility to a trading company headquartered in the British Virgin Islands with subsidiaries in the US, Canada and UK. The client, who supplies plastics, polymers and resins to manufacturers and distributors in the US, Europe and the Middle East, will receive Euro, GBP and USD factoring lines. Implementing this non-recourse factoring facility to accommodate growing sales, the client will receive financing...

DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $3 million export accounts receivable facility to a trading company headquartered in the British Virgin Islands with subsidiaries in the US, Canada and UK. The client, who supplies plastics, polymers and resins to manufacturers and distributors in the US, Europe and the Middle East, will receive Euro, GBP and USD factoring lines. Implementing this non-recourse factoring facility to accommodate growing sales, the client will receive financing on...

On Sept. 9, 2015, the Department of Justice (“DOJ”) announced new measures to fortify its pursuit of corporate wrongdoing in criminal and civil matters. The policy shift, set forth in a memorandum from Deputy Attorney General Sally Yates, seeks to hold individuals accountable for corporate wrongdoing and ensure full cooperation from corporations in “ferreting out” individual misconduct. Funds are already facing heightened regulatory requirements. The newly announced policy now marks an additional shift for funds under investigation. Most significantly, the...

The private fund adviser industry has fallen under the SEC’s registration authority only since the 2010 Dodd-Frank Act granted the regulator increased oversight beginning in 2012. Fee and expense practices in particular have come under increased scrutiny since mid-2014, when SEC examinations identified high rates of fee- and expense-related violations. In that round of inspections, the SEC’s Office of Compliance Inspections and Examinations identified “violations of law or material weaknesses in controls” in more than half of the 112 examinations...

The Government decided today to upgrade the Swedish presence in New York by opening a salaried Consulate General. The Consulate General will open in December and replace the honorary consulate currently there. The focus of the Consulate General in New York will be to promote the image of the innovative, creative and competitive Sweden of today. Trade and investment promotion at the Consulate General is expected to largely focus on conveying knowledge and offering a network and platform for promotion...

The International Property Tax Institute offers a quick look around the world to see what is happening in respect of property tax in various countries. Here is an extract from IPTI's president, Paul Sanderson: "Time now for my usual quick look around the world to see what is happening in respect of property tax in various countries. As I am currently in Ireland, perhaps that is a good place to start. The Irish government is to freeze the amount homeowners...