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...

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...

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...

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...

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...

Luxembourg, 9 October 2012 Arendt & Medernach has today announced the opening of a new representative office in Moscow. The Moscow office will be headed by Max Kremer, Banking & Financial Services Partner and will be assisted by a local team that is fluent in Russian. The Moscow office continues Arendt & Medernachs international expansion the firm already has offices in Brussels, New York, London, Dubai and Hong Kong. The Moscow office will liaise with the head office in Luxembourg,...

It is our pleasure to invite you to a Round Table Conference on the new Dutch Flex-BV Act, to be held on Thursday, November 1, 2012 co-sponsored by EACCNY member Stibbe. On October 1, 2012, the so-called Flex-BV Act has entered into force, implementing important changes to the Dutch law applicable to private companies with limited liability (‘BVs’) like yours. With the ease and flexibility created by the Flex-BV Act, the Netherlands will strengthen its position as the European jurisdiction...