Monthly Archives: July 2016
According to a recent Daily Business Review Special Report, Shutts & Bowen ranked seventh among the 100 largest law firms in Florida. The results show a firm growing in both the number of lawyers and in revenue.
Shutts added the full-time equivalent of 14 attorneys in 2015, a 6% increase from the previous year. The firm’s total partners count also increased by 6%, adding 10 more partners from last year. Gross revenue increased 7.7% to $147 million in 2015 from 2014, making the top ten list of Florida’s highest-grossing firms of the year, and its profit per partner grew 5.7% to $740,000 in the same period.
“…if you listen very hard…”: Stairway To Heaven Verdict May Have Unblurred Lines In Music Infringement Cases
Among the last few lines of Led Zeppelin’s rock ballad Stairway to Heaven are the lyrics “And if you listen very hard/The tune will come to you at last./When all are one and one is all…” Spirit guitarist Randy Wolfe brought suit against Led Zeppelin for copyright infringement, apparently thinking that one did not even have to listen very hard to hear the similarities between the Zeppelin song and his song Taurus after a side-by-side comparison. After the recent victory of Marvin Gaye’s heirs in the Blurred Lines suit against Robin Thicke and Pharrell Williams, where the similarities were, to many, not as striking when the songs were juxtaposed, the Spirit plaintiffs may have had visions of victory and “all that glitters is gold.” But, last month, a California jury rejected the Wolfe claim, and “it really makes me wonder” what the implications may be for music copyright infringement claims.
With the financial crisis and recession behind us, mergers and acquisitions have picked up dramatically over the past several years. In 2015, more than 25,000 M&A deals were announced in the United States, valued at trillions of dollars, primarily involving companies in the hospitality, health care, pharmaceuticals, energy, and technology industries. This year and next, most financial experts foresee an increasing number of these transactions taking place.
The Securities and Exchange Commission has been focusing on the lack of disclosure by fund managers to investors regarding the receipt of monitoring fees. Recently, the SEC fined The Blackstone Group $39 million for failing to adequately disclose the acceleration of monitoring fees paid by the fund’s portfolio companies.
The monitoring fees were charged by Blackstone to the portfolio companies for its consulting and advisory services provided to the portfolio company.
Fogler Rubinoff Partner Ronald Snyder shares his perspective with Canadian Lawyer on the recent Supreme Court of Canada decision in Wilson v. Atomic Energy of Canada Ltd.
San Francisco, July 8, 2016 – Shartsis Friese LLP announced today thirteen attorneys have been named “Super Lawyers” for Northern California in 2016. The attorneys chosen are:
- Peter Aitelli-Top 100 choice (real estate)
- Derek Boswell (real estate)
- Frank A. Cialone (litigation)
- Craig B. Etlin (real estate)
- Dana W. Fox (real estate)
- Jonathan M. Kennedy (real estate)
Now that it’s starting to be the dog days of summer, and many of you are out on vacation (me included – I wrote this post in advance!), it can be easy to let your content slide a little bit. “Nothing is going on,” “Everyone is away,” “I’m too busy,” “I don’t feel like it” – do any of those excuses sound familiar to you?
This article was published in Solicitors Journal on 3 May 2016.
Online banking fraud is becoming more sophisticated, causing large losses to individuals and companies. Unsurprisingly, the number of cases against banks involving online fraud is increasing.
In March, Sir Bernard Hogan-Howe, head of London’s Metropolitan Police, suggested banks should not fully refund victims of fraud who have not protected themselves. Whilst not universally well received, his remarks are a reminder that there is no guarantee of a bank refund. So, if it is not forthcoming, what steps can be taken to recover money?
Recent changes to New Zealand’s tax laws have resulted in a new tax being imposed with effect from 1 July 2016.
The “Residential Land Withholding Tax” (“RLWT”) imposes a tax liability in respect of residential property sales made by “offshore RLWT persons” within 2 years of purchase if such properties were purchased after 1 October 2015.