To Our Clients and Friends: On May 7, 2019, the U.S. Treasury proposed new federal income tax regulations (REG-105476-18) to provide additional guidance on a new partnership rule enacted in the Tax Cuts and Jobs Act of 2017. This could potentially affect partnerships (or limited liability companies taxed as partnerships) doing business in the U.S. […]
Tomorrow, US immigration is beginning to accept applications for a specific type of visas called “E-2” from Israeli citizens. E-2s are based on reciprocal treaties. In anticipation of the new program, I’ve launched a new site (www.e2israel.com) and created an app to help determine eligibility for the visa. The E-2 visa is one of the most […]
To Our Clients and Friends: In 2014 New York enacted estate tax legislation which added back to the taxable estate the value of certain gifts made by a New York resident if the gifts were made within three years of his or her death. The law applied only to estates of New York residents dying […]
After a record-breaking year in 2018 for business transactions closed for clients, the attorneys of Offit Kurman’s Mergers & Acquisitions Practice Group are pleased to announce the completion of another $100 million-plus deal that finalized in March 2019. Joseph M. Armstrong, Herbert R. Fineberg and Michael Petrizzo represented the AVL Digital Group in two successful transactions valued at over $240 million. Mr. Fineburg […]
QUESTION ONE – Which techniques are typically used by international counterparties in your experience to overcome challenges in the negotiation process? A way to overcome challenges in negotiations is (a) thorough preparation, (b) understanding the other side’s objectives, and (c) an in-person meeting (with translators present if there are language barriers) between principals in order […]
Openers Dear Readers: When I used to tell people I was an immigration lawyer, I used to get responses like “I had a friend who went through that process and it was a pain” or “that must be really interesting work” or “it must be nice getting to help people.” Today it’s typically some kind […]
It seems like a win-win: Anya is buying Barry’s masonry business and both parties are happy with the transaction. The negotiations went smoothly. The sale price feels fair. Anya is getting a successful company with a clean bill of health. Nothing out of the ordinary appeared during diligence into Barry’s accounts, vendor contracts, equipment, and […]
Please take five minutes to read our April 22, 2019, newsletter, to learn about: Federal Requirements When a Product is Dangerous Six Steps to Prevent Trust From Being Betrayed Exploring the Cashless Movement in Retail Does Your Company Allow Vaping on the Job? We hope you enjoy all our articles. Cordially, William H. Shawn Co-Managing Partner
Recently, the Notre Dame Cathedral in Paris, France caught fire and destroyed most of the roof and caused the spire to collapse. Firefighters worked all through the night to save the main building and two towers. The cause of the fire is still unclear, and an investigation is underway. The famous structure is over 850 […]
The second Treasury guidance regulations are out and they address questions regarding, among others: The definition of “substantially all” as it relates to Qualified Opportunity Zone Business and Qualified Opportunity Zone Property, Transactions that may trigger the inclusion of gain that a taxpayer has elected to defer under the Opportunity Zone program, The timing and […]
Multi-national corporations will always have a wide range of different contracts in place at any one time, be they with contractors, suppliers, vendors, clients or intellectual property licensors, among other […]
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After a meteoric year of dealmaking, the Mid-Atlantic mergers and acquisitions (M&A) market may be starting to slow down. Transactional opportunities still abound, but not as many are coming to fruition. Deals are taking longer to consummate and parties seem increasingly hesitant to commit. It’s hardly a surprising turn of events. The M&A market, like […]
