Monthly Archives: September 2013

Robert E. McKenzie provides tax notes on the Reform Act of 1998

Robert E. McKenzie

Arnstein & Lehr Chicago Partner Robert E. McKenzie provided his take on the IRS’ Restructuring and Reform Act of 1998 (RRA ’98). The article titled, “15 Years After RRA ’98: Time to Re-restructure the IRS?” was published on August 12 on the website Tax Notes. Mr. McKenzie was one of many tax experts who contributed his “notes” to this article.

To read the article in full, please click here.

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David Newman contributes to Credit Union Times article

David Newman

Arnstein & Lehr Chicago Partner David L. Newman offered his thoughts in a September 16 article titled, “Troll Wars: Patent Lawsuits Multiplying Against CUs,” published on the website Credit Union Times. The article talks about the rising number of credit unions that have been hit by lawsuits alleging patent infringement.

To read the article in full, please click here.

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Robert E. McKenzie quoted in articles on Beanie Baby creator’s tax evasion case

Robert E. McKenzie

Arnstein & Lehr Chicago Partner Robert E. McKenzie contributed to two articles regarding a recent tax evasion case featuring a prominent Chicago-area figure. Both articles discuss how billionaire Beanie Baby creator Ty Warner faces up to five years in prison and a $53.5 million penalty for tax evasion. Warner was charged with using a secret Swiss bank account to avoid taxes in the United States. In the first article published in the Chicago Tribune titled, “Beanie Babies founder Ty Warner charged with tax evasion,” Mr. McKenzie discusses the potential penalties Warner faces and the increase of crackdowns by the IRS on offshore bank accounts.

In the second article published on Forbes’ website titled, “In Reversal, IRS Gives Amnesty To Owners of Secret Israeli Bank Accounts,” Mr. McKenzie discusses additional actions being taken by the IRS to prevent tax evasion.

To read the Chicago Tribune article, please click here.

To read the Forbes article, please click here.

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Public’s attitude towards ‘elf and safety’

Why the phrase ‘health and safety’ sparks hostility among so many Britons despite regulation saving thousands of lives is to be examined by historical and legal scholars.

A new study, led by the University of Reading in partnership with the University of Portsmouth, and funded by the Institution of Occupational Safety and Health (IOSH), will examine how the social standing and perceived value of health and safety (H&S) regulation has changed over the last 50 years.

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Joseph Scharnak addresses Chicago bedbug infestation

Joseph Scharnak

Arnstein & Lehr Chicago Partner Joseph W. Scharnak’s article titled, “City Council bites back at residential bed bug infestations” was published in the September 17 issue of the Chicago Daily Law Bulletin. In the article, Mr. Scharnak discusses amendments to the Chicago Municipal Code that were passed in June and take effect in December. With an increase in issues with bedbugs, this new ordinance aims to place additional responsibility on landlords and condominium associations to provide professional pest management services whenever there is a suspected infestation.

To read the article in full, please click here.

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Miguel Diaz de la Portilla offers his insight into South Florida economic growth

Arnstein & Lehr

Miguel Diaz de la Portilla

Arnstein & Lehr Miami Partner Miguel Diaz de la Portilla recently was quoted in a September 18 article in the Sun Sentinel about the growth of the economy in South Florida. The article titled, “[South Florida] economy growing quickly” discusses that in 2012, South Florida’s economy grew 3.5 percent, which topped other metropolitan areas in the state of Florida. Mr. Diaz de la Portilla provides his take on why the economy has grown so quickly.

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ILN Today Post

MGRA distinguida com 3 prémios de excelência atribuídos pela Global 100: “Corporate & Finance Law Firm of the Year in Portugal” “Administrative and EU Law Firm of the Year in Portugal” “Real Estate & Intellectual Property Law Firm of the Year in Portugal”

A Mouteira Guerreiro, Rosa Amaral & Associados – Sociedade de Advogados, R.L. foi reconhecida pela Global 100 na edição de 2013, nas categorias acima elencadas.
MGRA has been recognized by Global 100 in the 2013 edition, in the above mentioned categories.

Os prémios atribuídos por esta conceituada publicação representam uma importante distinção para a Sociedade, reconhecendo a excelência dos serviços jurídicos prestados pelos seus profissionais aos Clientes.
This represents a great honour and raises MGRA as one of the leading law firms in the Portuguese market. MGRA is grateful both to its Clients and its team of professionals. More…

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Hand Over The Cash Or The Hard Drive Gets It!

In January 2013, GlaxoSmithKline (“GSK”) filed a complaint in New York state court alleging that its e-discovery vendor, Discovery Works Legal Inc., was “holding hostage over 20 terabytes of GSK’s most sensitive and confidential data, and threatened to withhold and destroy the data” unless GSK paid a ransom of more than $80,000. GSK is the second largest pharmaceutical company in the world by revenue, employing over 100,000 people in 117 countries. How could a mere  e-discovery vendor hold GSK’s data hostage?

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ILN-terviews: Attilio Ferrari, Corrado, Ferrari, Mainieri Pedeferri e soci Law Firm

Welcome to ILN-terviews, a series of profiles of ILN member firm attorneys, designed to give a unique insight into the lawyers who make up our Network. For our latest interview, we chose ILN member, Attilio Ferrari of our member firm, Corrado Ferrari Mainieri Pedeferri e soci Law Firm in Italy!

In one sentence, how would you describe your practice?
We are an Italian medium size law firm providing clients (mainly companies, but also private clients) with high quality and tailor-made legal assistance.

Who would be your typical client?
Medium size companies, based Italy and abroad, which – also with your legal assistance and co-operation – want to grow.

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Selling off the family silver

With the courts on vacation in August and September, and the summer exodus to art fairs, there have been few if any developments in English art law, which is my best excuse for the lack of recent posts.
 
However, I have noticed that the press and campaigners are increasingly focusing on something that has been going on ever since the recession bit in 2008, namely the sale of art by cash-strapped local government and other publicly funded organisations.  Christies’ appraisal of the contents of the Detroit Institute of Arts has led to a fear that the museum will be closed and the contents sold as part of the city’s insolvency process.  In England, many local councils have sold, or at least tried to sell, some of their art, from Henry Moore statues in public places (Tower Hamlets) to, most recently, the Chinese ceramics in a local museum (Croydon).
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