ILN Today Post

Gläubigerversammlung der Pohland Herrenkleidung positiv verlaufen

Köln, 20. September 2016. Heute fand die Gläubigerversammlung der Pohland Herrenkleidung GmbH & Co KG statt. Die Gläubigerversammlung unterstützt das Insolvenzplanvorhaben. Die Unternehmensfortführung läuft wie geplant.

„Wir sind sehr zufrieden mit dem Verlauf der Gläubigerversammlung“, sagt Rechtsanwältin Dr. Bettina E. Breitenbücher von der bundesweit tätigen Kanzlei KÜBLER, die Pohland mit ihrem Team beratend zur Seite steht. „Die Gläubiger unterstützen das Insolvenzplanverfahren, was für den erfolgreichen Verlauf des Insolvenzverfahrens unabdingbar ist.“

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QUIW Networking Event

HOMS Solicitors enjoyed hosting the invitation only evening Quarterly in the West (QUIW) networking event at the Strand Hotel, Limerick on Thursday 8th September 2016. The event was hosted to encourage engagement and transaction flow by bringing together people involved in the M&A and corporate finance community, including corporate banking, venture capital and private equity investors, corporate finance advisors, accountants, corporate lawyers and other stakeholders.

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Contributed to a property purchase? Here’s how to protect your investment

Buying a property is often the biggest investment a person will make in their lifetime.  It therefore stands to reason that people want to ensure that their investment is protected.  The recent case of Haque v Raja[1]provides a reminder that, if you don’t appear on the title of a registered property that you’ve contributed to and you don’t live in it as well, you must protect your interest.Ownership of a property may be divided into the ‘legal’ ownership and the ‘beneficial’ ownership.  The legal owner is the person (or persons) recorded as owning the title of the property at the Land Registry (most properties are registered these days), while the beneficial owner is the person (or persons) having the benefit of the property.  While often the same people have both the legal and beneficial ownership, there may be circumstances where the position is less straightforward.

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RSS has added to its strength!

September 21, 2016 — As part of its continuing expansion to better serve its clients, RSS is pleased to announce that it has added the following lawyers to its team during the summer:

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Rainmaking Recommendation from Jaimie Field: Client Feedback – Scary but Necessary

Today, Rainmaking expert and coach, Jaimie Field, is talking about something that I think many of us avoid – client feedback. But it’s important, because a happy client stays a client. Read on to find out what she means.

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One of the scariest things to do is ask a client “how am I doing as your lawyer?”

Yet, that feedback, good or bad, is something you need to obtain so that you can get better at what you do.

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ILN Today Post

New Improved Criteria for Citizenship by Exemption

On Friday, 16th of September 2016, the Cyprus Government revised the economic criteria and conditions of the Scheme for Cyprus citizenship by investment (the “Scheme”) so as make it more attractive for non-Cypriot investors wishing to acquire Cypriot Citizenship.

The most important change is that an applicant is, now, only required to make an investment of €2.000.000, instead of €5.000.000 as had previously applied.  The required investment can be in real estate, tourism and infrastructure projects or in shares or financial instruments of companies operating in Cyprus, including investment in Alternative Investment Funds. The Scheme also allows the investment in Cyprus Government Bonds for a maximum amount of €500.000.

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SMOKE SIGNALS FROM SPECIMEN OF USE SUPPORT REGISTRATION REFUSAL FOR “HERB” SALES DESCRIBED IN APPLICATION

photo-1439902708487-91bcf15ceb27In a precedential opinion, the Trademark Trial and Appeal Board (“TTAB,” an administrative arm of the U.S. Patent and Trademark Office) affirmed the trademark examiner’s refusal to register HERBAL ACCESS for retail store services featuring “herbs.”  Although the application did not mention marijuana as one of the “herbs” being sold, applicant Morgan Brown’s specimen of use and web site home page contained enough evidence for the examiner to determine that he was indeed selling the federally banned substance.  In re Morgan Brown, Ser. No. 86/362,968 (TTAB July 14, 2016).

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ILN Today Post

Shutts & Bowen welcomes four new attorneys

Shutts & Bowen LLP is pleased to announce the addition of four new attorneys to the firm. These new hires bring a diverse range of legal experience to support our more than 30 practice areas.

Alamea Deedee Bitran (Law Clerk, Fort Lauderdale) is a member of the Business Litigation Practice Group. Deedee focuses her practice on transactional and litigation cases. Deedee previously served as a Judicial Intern to the Honorable Ivan F. Fernandez in the Third District Court of Appeal.

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Twenty-One States Allege the New White Collar Salary Thresholds are Unlawful

A group of 21 states (“the States”) has filed a Complaint in the Eastern District of Texas challenging the new regulations from U.S. Department of Labor that re-define the white collar exemptions to the overtime requirements of the FLSA.  The States argue the DOL overstepped its authority by, among other things, establishing a new minimum salary threshold for those exemptions.

Pursuant to the new regulations from the U.S. Department of Labor, effective December 1, 2016:

  • the salary threshold for the executive, administrative, and professional exemption will effectively double from $23,660 ($455 per week) to $47,476 ($913 per week);
  • “Highly Compensated Employees” (“HCEs”) must earn annual compensation of at least $100,000; and
  • an indexing mechanism will be applied to automatically update the salary threshold and the HCE compensation requirement every three years.
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ILN Today Post

Howard & Howard continues to expand Los Angeles office

Royal Oak, Michigan, September 20, 2016: Howard & Howard Attorneys PLLC is pleased to announce that Brandon M. Garrett has joined the firm. He will practice out of the firm’s Los Angeles Office.
Mr. Garrett concentrates his practice in franchising and transactional business matters. He has assisted in the development and formation of dozens of franchise concepts in a variety of industries, including the preparation of disclosure documents and related agreements in the U.S. and Canada. Mr. Garrett has negotiated franchise agreements on behalf of both franchisees and franchisors. He has also represented clients in response to various state administrative actions and investigations.
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