Insolvency can be a complex business, particularly where disputes arise among creditors around the nature and value of what they are owed from the recorded assets of the insolvent company. […]
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For many people, mapping out an estate game plan is something they intend to think about later. But too often, later never comes. The reasons for not dealing with estate planning now may include not wanting to confront your mortality or create family conflict. Or perhaps you don’t want to discuss money with your heirs or give your […]
Thanks to legislation passed in 2013, the federal income tax rates for individuals remain historically low for single taxpayers with taxable income below $400,000 ($450,000 for married couples filing jointly). That’s the good news. The bad news: The rates for C corporations remain at the same levels that have been in place for years. So you may […]
At the end of June, the U.S. Supreme Court adjourned for its summer recess. Here are five recent cases from its 2016 term that may be of interest to business owners and managers. Under the Employee Retirement Income Security Act of 1974 (ERISA), employees are generally protected from unexpected losses in their retirement plans through various […]
Business Law In the Event of a Hostile Visit Hopefully, your business will never have to live through a search and seizure but management should be prepared. In certain circumstances, law enforcement agencies have the right to search for criminal evidence, usually after getting a court-ordered warrant. Click “Full Article” for a brief explanation of your […]
On June 5, 2017, the Supreme Court ruled unanimously in Advocate Health Care Network v. Stapleton that pension plans maintained by certain church-affiliated entities are exempt from ERISA regardless of whether they were originally established by a church. This case coming out of the Seventh Circuit, was addressed together with Saint Peter’s Healthcare System v. […]
Sell Corporate Stock Tax-Free to an ESOP One of the best tax breaks available to closely held businesses is the ability to sell stock to an employee stock ownership plan (ESOP) on a tax-free basis. This strategy works well for business owners who are looking for an exit strategy and are committed to the concept of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Michael A. Grow of Arent Fox LLP. Michael has joined IR as our exclusive IP – Trademark & Copyright Member in Washington DC. Message From Our Chairman Thank you for your interest in our firm. When Arent Fox adopted the motto ‘Smart in your […]
Federal appellate court rules in a case of critical significance to the trade compliance community Click here for a PDF version of this alert. The U.S. Court of Appeals for the District of Columbia Circuit ruled today in favor of our client Epsilon Electronics, Inc., in a case against the U.S. Department of the Treasury’s Office of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Steven F. Benz of Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C. Steven has joined IR Global as our exclusive Competition Law Member in the US – Washington DC. Mr. Benz represents corporations as plaintiffs in antitrust, unfair competition, class action, and complex commercial cases […]
This is the third instalment in a series on the US cross-border insolvency statute, Chapter 15 of theBankruptcy Code, which took effect 11 years ago (for further details please see “Chapter 15 at 11:Bankruptcy Code’s cross-border insolvency law approaches 11th anniversary” and “Chapter 15 at 11:Chapter 15 provides provisional relief in Hanjin Shipping”). IntroductionThe previous […]
By; Kara M. Maciel and Eric J. Conn The Trump Administration submitted a blueprint budget for 2018 to Congress proposing $2.5 Billion in cuts to the U.S. Department of Labor’s (“DOL”) operating budget. The President’s proposed budget expressly calls for reduced funding for grant programs, job training programs for seniors and disadvantaged youth, and support […]