Monthly Archives: February 2017

ILN Today Post

European Commission opens investigations into practices in the electronic commerce sector

On 2 February, the European Commission launched three separate investigations into suspected anticompetitive practices of companies in the electronic commerce sector.

These actions of the Commission are a direct result of the large-scale e-commerce sector inquiry, which the Commission has been conducting since 2015. The e-commerce sector inquiry as part of the Commission’s Digital Single Market Strategy for Europe should help the Commission to answer the questions what hinders to benefit from the potential of the EU e-commerce market and prevents its growth.

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Could Employee Choice End Labor Unions’ Influence?

In 2016 private sector union membership dropped to its lowest level in history – a dismal 6.4%. Given the laws and systems in place related to union membership, this means that at least 94.6% of all American private sector workers currently choose not to be union members. The drop, recently reported in a routine annual report issued by the U.S. Department of Labor’s Bureau of Labor Statistics, also was the largest year over year percentage drop in recent years, dropping 0.3%, from 6.7% in 2015.

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ILN Today Post

Rules relating to controlled foreign corporations set to change

As part of the usual year-end tax law amendments, but approved in a separate procedure, the corporate tax and personal income tax rules relating to controlled foreign corporations have changed with effect from 1 January 2017. This summary covers the most important changes. About the rules in general The Personal Income Tax Act and the Corporate Tax Act contain special rules for Hungarian taxable persons who are in an ownership relationship with what are officially defined as “controlled foreign corporations” (CFCs), but commonly referred to simply as “offshore companies”. The gist of the regulations is that the so-called capital income (dividend, capital gains, earnings withdrawn from the business) received from such foreign companies by Hungarian-domiciled private individuals and companies is liable for taxation at a higher rate than normal.

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ILN Today Post

Shutts & Bowen Names Four New Partners

Shutts & Bowen LLP named four new partners during its annual meeting.

“These promotions exemplify Shutts’ commitment to recognize and reward leadership, integrity and legal acumen and to plan for the future growth and success of the firm,” said Managing Partner Micky Grindstaff.  “They also demonstrate Shutts’ diversity and our presence as a full-service business law firm throughout Florida.”

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F17 and the General Strike Movement – Best Practices For Addressing Political Activity In The Workplace

This week, an activist group calling itself “Strike4Democracy” has called for a day of “coordinated national actions” – purportedly including more than 100 “strike actions” across the country – on February 17, 2017. The group envisions the February 17th strike as the first in “a series of mass strikes,” including planned mass strikes on March 8 (organized by International Women’s Day and The Women’s March) and May Day, and a general “heightening resistance throughout the summer.” The organizers are encouraging people not to work or shop that day.

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A REVIEW OF THE DANISH RULES CONCERNING SPAM

_8s9nemczk0-oliur-rahmanIn Denmark, certain rules must be observed, if a company wants to turn to customers by electronic means to promote or to sell products and services.

Basically, the company must have the customers consent before the company can send out marketing. If there is no consent marketing through electronic means as text messages or e-mail would be categorized as spam.

The spam rules do not apply if the messages sent has only a service content. However, the message must not contain any other information that may increase sales or awareness of the company. In practice newsletters, and invitations to competitions or events have been categorized as spam.

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ILN Firm of the Month – Sit, Fung, Kwong & Shum – Hong Kong, China!

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The ILN is proud to announce our latest firm of the month, Sit, Fung, Kwong & Shum – Hong Kong, China!
Founded in 1981, Sit Fung Kwong & Shum has established a solid practice in litigation, conveyancing, commercial law, intellectual property, information technology and Chinese law. Local and overseas clients include leading multinational, public and private companies and professional firms.

There are four notaries public and five China-appointed attesting officers in the firm. Many of the lawyers are qualified to practise in other jurisdictions in addition to Hong Kong, including England, Australia and Singapore.

The partners believe that the success of a modern law firm depends on its ability to understand and satisfy its clients’ needs and answer them in a professional manner. In pursuit of such belief, they have insisted on a high level of accountability to their clients. Continuous training organised within and outside the firm equip their staff with up-to-date legal knowledge and regular practice reviews provide venues where practical experience is shared among members of the firm.

Through effective office management, effective deployment and structuring of human resources, application of modern information technology, meticulous business planning and budgetary financial control, they have been able to build a smooth and efficient working environment achieving optimum output for their clients’ benefits.

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(Français) Entrevue éclair avec Me Anson Duran

Me Anson Duran est avocat en droit des affaires depuis la fin de son stage chez RSS en juin 2015.

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Pourquoi avoir choisi le domaine dans lequel vous pratiquez? Les entrepreneurs me nourrissent de leurs idées et leur passion. C’est très motivant de voir les compagnies de ses clients grandir et de les accompagner dans tout le processus.

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EB-5 Program – Updated Statistics and Information

Arnstein & Lehr Attorney Ronald Fieldstone

Ronald R. Fieldstone

USCIS recently published a statistics report on the impact of the EB-5 Program for the fiscal years 2012 and 2013, which can be downloaded on the Economics and Statistics Administration’s website by clicking here. Furthermore, IIUSA has also published statistics on various performance factors concerning the EB-5 Program. Both are summarized below, since the results are quite interesting.

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Ted Goloff on the front page of the Bar Journal

February 14, 2017 — The latest edition of the Journal — Barreau du Québec begins with a paper on the consequences of Donald Trump’s election on Canada–US legal relationships. Theodore Goloff’s comments appear on the front page to start off the analysis.

Ted is also the author of “Canada — Good Grief! Is that my Supervisor on the Picket Line?”, a paper in the spring 2017 edition of The International Employment Lawyer, a blog hosted by the International Employment Law Committee of the American Bar Association’s Section of International Law.

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