Monthly Archives: August 2013

Ronald Fieldstone and Anthony Kang featured in China Business Network segment

Arnstein & Lehr

Ronald Fieldstone

Arnstein & Lehr

Anthony Kang

Arnstein & Lehr Miami Partner Ronald R. Fieldstone and Associate Anthony Kang were recently interviewed for a segment with the China Business Network regarding foreign investments in Miami. The segment focused on foreign investments in Miami and what attracts investors to South Florida. The segment opens with the notion that the Miami Heat helped the city gain visibility to foreigners who otherwise would not necessarily think to come to Miami to invest. Mr. Kang discussed the different types of investors that come here (typically high net-worth individuals/entities). Mr. Fieldstone discussed EB-5 investment opportunities.

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ILN Today Post

LEWIS RICE OPENS EDWARDSVILLE OFFICE

To better serve its long-standing and growing client base in Southern Illinois, the law firm of Lewis, Rice & Fingersh is pleased to announce the opening of a new office on Main Street in downtown Edwardsville, across the street from the historic Wildey Theatre. Lewis Rice brings to Edwardsville its 104 year history of providing the business community the highest quality legal services across all practice specialty areas. More…

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TARK GRUNTE SUTKIENE actively works in all major legal processes following the bankruptcies of Ūkio and Snoras banks

Lawyers of TARK GRUNTE SUTKIENE currently work in all major legal processes following the bankruptcies of AB SNORAS and AB Ūkio Bankas.
In 2012 – 2013 the law firm represented State Enterprise “Insurance of Deposits and Investments” in the process of transferring a part of assets and liabilities of AB Ūkio Bankas to AB Šiaulių Bankas, which was the first transaction of this type ever executed in Lithuania. 

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Week of July 29, 2013 on ILNToday – A Roundup!

It’s been a surprisingly busy week for the summer here at the ILN, and with August here already, the summer is flying by! Who’s ready for our European Regional Meeting in Mainz next month?

Here are this week’s top posts:

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ILN Today Post

Business Property Renovation Allowance (BPRA) – HMRC Review 18 July 2013

HMRC have announced a “technical review” of BPRA legislation with a view to making their policy purpose even clearer, so that the relief will be easier for both claimants and HMRC to operate. Perhaps this should be interpreted as code for “easier for HMRC to reject claims”?

The technical note which HMRC have issued highlights a number of concerns which have emerged from their review of existing relief claims and Disclosure of Tax Avoidance Schemes (DOTAS) notifications. More…

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ILN Today Post

Swaps mis-selling – SMEs and the sophistication complication

This April saw the start of the compensation process by the banks(1) taking part in the review regarding the mis-selling of interest rate swaps and other interest rate hedging products (IRHPs)(2). However, despite this, the news is far from good for some SMEs.

This is because there is a significant obstacle on the road to compensation and it is important that SMEs are aware of this and how to face it. This obstacle is the sophistication test. More…

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The Senate Has Confirmed A "Full" 5 Member NLRB That Includes 3 Union Lawyers – Are You Ready?

by: Adam C. Abrahms and Steven M. Swirsky

On July 30th the Senate confirmed career union lawyer Kent Hirozawa (D) and retired AFL-CIO Associate General Counsel Nancy Schiffer (D) as well as seasoned management labor lawyers Philip Miscimarra (R) and Harry Johnson (R) to serve on the National Labor Relations Board. The Senate also confirmed current NLRB Chairman Mark Gaston Pearce (D).

The confirmations are of course the result of the Senate Republicans backing down in the face of the threat by Senate Democrats to change Senate rules so that they could force a vote, up or down, on President Obama’s nominations for the Board and other positions. The “deal”, inspired by the threat, included the withdrawal of President Obama’s nomination of his recess appointees, Sharon Block and Richard Griffin , whose appointments were held unconstitutional recess. The President, however, merely replaced Block and Griffin with Hirozawa and Miscimarra, and only after consultation with and approval from AFL-CIO President Richard Trumka and Organized Labor.

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TARK GRUNTE SUTKIENE actively works in all major legal processes following the bankruptcies of Ūkio and Snoras banks

Lawyers of TARK GRUNTE SUTKIENE currently work in all major legal processes following the bankruptcies of AB SNORAS and AB Ūkio Bankas.

In 2012 – 2013 the law firm represented State Enterprise “Insurance of Deposits and Investments” in the process of transferring a part of assets and liabilities of AB Ūkio Bankas to AB Šiaulių Bankas, which was the first transaction of this type ever executed in Lithuania. 

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Employment Tribunal fees now in force

The introduction of fees for claims to the Employment Tribunal and Employment Appeal Tribunal (EAT) came into effect on 29th July 2013.

The BBC reports that the fees to lodge a claim at a tribunal are set at £160 or £259, with an additional £230 or £950 if the case proceeds. At the EAT, it will cost £400 to lodge an appeal. If the case goes to a full hearing, it will cost a further £1,200.

The introduction of fees has received a mixed reception. The Forum of Private Business has welcomed the move, with its Chief Executive, Phil Orford, saying:

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Ohio Statehouse Update: This Week in Ohio — August 2, 2013

Speaker of the House William G. Batchelder (R-Medina) recently announced the creation of three summer legislative study committees that will conduct a series of hearings around the state through August and September focused on higher education, prescription drug abuse and tax reform.

“The committees present an opportunity to hear from experts and others impacted by these policies to learn more and help us make well-informed policy decisions,” said Batchelder.

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