Monthly Archives: May 2016

ILN Today Post

Shutts & Bowen Growth Boosts Its Am Law Ranking

Record revenues of $147 million boosted Florida business law firm Shutts & Bowen LLP seven spots in The Am Law 200 ranking, rising to Number 168, with revenues of $147 million and more than 270 attorneys throughout Florida.

“Revenue increased 8 percent in 2015, with matters coming to the firm being increasingly larger and more sophisticated,” Executive Committee Chairman Bowman Brown said.

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Update on DOJ Website Accessibility Regulations and Mobile Accessibility: Employer Considerations

Our colleagues Joshua Stein, co-chair of Epstein Becker Green’s ADA and Public Accommodations Group, and Stephen Strobach, Accessibility Specialist, have a post on the Retail Labor and Employment Law blog that will be of interest to many of our readers in the hospitality industry:  “DOJ Refreshes Its Efforts to Promulgate Title II Website Accessibility Regulations and Other Accessible Technology Updates – What Does It All Suggest for Businesses?”

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ILN Today Post

Trusts & Estates Attorney Robin King joins the firm’s West Palm Beach office

The West Palm Beach office of Shutts & Bowen recently welcomed Robin King as a partner in the firm’s Trusts & Estates Practice Group.

An AV-preeminent rated attorney by Martindale-Hubbell, Robin concentrates her practice in estate planning guardianship, probate and trust administration. She has experience in working with LGBT families on all types of estate planning issues and also drafts pre- and post-nuptial agreements.

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ILN Today Post

Innovative employee incentives – are they at the doorstep?

One of the most efficient ways to motivate employees is to make them owners. In Hungary, however, plenty of legal and tax obstacles have restricted the introduction of such incentive so far. Changes made to the legal and tax environment in the recent years may yet boost the spread of employee stock programmes in the future.

The past: neither share, nor option

The most straightforward way to involve employees into the company’s ownership is to provide them with business quotas or shares directly. This raises, however, several complications. Upon the receipt of a share the employee also receives the right to participate in the decision-making procedure of the company, which is not always a desirable outcome. Furthermore, unfavourable tax consequences may come up: the unpaid part of the fair market value of the share is taxed at the same way as if salary was paid to the employee. This makes such type of incentive rather unattractive.

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Advokat Torben Buur fylder 40 år

Advokat og partner Torben Buur, DAHL Advokatfirma, fylder 40 år den 29. maj 2016.

Torben Buur kom til DAHL Advokatfirma i 2003 og beskæftiger sig med erhvervsbeskatning, selskabsret og virksomhedsoverdragelser.

Han bistår virksomheder med skatterådgivning og erhvervsretlige forhold samt skatteproces for de administrative klageinstanser og domstolene.

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DOL’s New “White Collar” Exemption Rule To Impact Health Care Industry

Act-Now-Advisory-BadgeOur colleagues, Michael S. Kun, Member of the Firm, and Jeffrey H. Ruzal, Senior Counsel, at Epstein Becker Green, have written an Act Now Advisory that will be of interest to many of our readers: DOL’s New “White Collar” Exemption Rule Goes Into Effect on December 1, 2016.

On May 18, 2016, the U.S. Department of Labor (“DOL”) announced the publication of a final rule that amends the “white collar” overtime exemptions to significantly increase the number of employees eligible for overtime pay. The final rule will go into effect on December 1, 2016.

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National Energy Board backs Kinder Morgan pipeline—on 157 conditions

The NEB has recommended that the federal government approve Kinder Morgan’s $6.8B project to carry oil from Edmonton to Burnaby at a rate of 890,000 barrels/day. The NEB made the recommendation contingent on 157 conditions, including a plan to offset greenhouse gas emissions. David Austin, interviewed by the Financial Post, said that this is a novel condition. Read the full article to learn more.

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How to buy or sell a business

Don Sihota’s latest seminar–How to Buy or Sell a Business–will take place at our offices next Thursday, May 26, 2016 from 8:30 am to 1:00 pm. Don will be hosting private company business owners who are planning their exit strategy and others who are seeking to grow their business through acquisitions. Register now.

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ILN Today Post

LexCounsel Law Offices LexUpdate – May 24, 2016

Intellectual Property

Government approves National Intellectual Property Rights Policy: “Creative India; Innovative India” – TheGovernment of India has approved the National Intellectual Property Rights (“IPRs”) Policy which is stated will lay the future roadmap for intellectual property in India. The Policy has the following objectives:

· IPR awareness and promotion: Outreach and Promotion – To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
· Creation of IPRs – To stimulate the generation of IPRs.

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ILN Today Post

Self-Regulatory Principles Applied for First Time to Mobile Apps and Discussed at DAA and ASRC Events

The advertising industry’s self-regulatory enforcement group issued its first actions applying its mobile principles.

The Online Interest-Based Advertising Accountability Program (the Accountability Program) administered by the Advertising Self-Regulatory Council (ASRC) issued three decisions applying the Application of Self-Regulatory Principles to the Mobile Environment (the Mobile Principles) under the Self-Regulatory Principles for Online Behavioral Advertising (the OBA Principles) set forth by the Digital Advertising Alliance (DAA). The Mobile Principles address the unique aspects of the mobile environment and are designed to maintain a consistent approach to notice and choice for interest-based advertising (IBA).

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