ASIC to revise RATA with launch of ROCAP

Next month, ASIC is expected to launch it’s Report on Company Activities and Property (ROCAP) which will have the effect of revising the existing RATA form.  It has been designed in response to law reform and industry consultation, and serves to enable insolvency practitioners to obtain better information about events leading up to an external administration, including information about asset […]

Prominent Privacy and Data Security Attorney Odia Kagan Joins Fox Rothschild

Bolstering the firm’s nationwide practice in privacy, data security and technology transactions, Fox Rothschild LLP is pleased to welcome Odia Kagan as a partner and chair of the GDPR Compliance & International Privacy Group in the firm’s Philadelphia office. “Odia is an outstanding addition to our team,” said Mark G. McCreary, Fox’s chief privacy officer […]

Robert M. FishmanMember, Cozen O'Connor

FRANZlegal advised VM Capital Advisors GmbH in the acquisition of PAVOY GmbH

FRANZlegal advised VM Capital Advisors GmbH in the acquisition of PAVOY Paul van Oyen Fabrik für Lager- und Betriebseinrichtungen GmbH. PAVOY, founded in 1946 and family-owned since 1954, produces high-quality steel plant equipment at the Hillesheim site in the Eifel region of Germany. PAVOY currently employs approx. 90 people and supplies approx. 1,400 customers in […]

Gabriele HucklenbruchPartner, VCvF.legal

Postal Evidence Rule Extended to 7 Days

Last month, the Senate passed the Civil Law and Justice Legislation Amendment Bill 2018, which serves to improve the operation and clarity of civil justice legislation administered by the Attorney-General. Schedule 5 of the Bill introduces amendments to the Evidence Act 1995, by extending the postal evidence rule to accord with changes to Australia Post delivery […]

James ConomosFounder and Principal Partner, James Conomos Lawyers

When Opportunity Knocks: Qualified Opportunity Zone Proposed Regulations Released

October 23, 2018 On Friday, October 19, 2018, the IRS released proposed Treasury Regulations under sections 1400Z-1 and 1400Z-2 and Revenue Ruling 2018-29 to clarify several ambiguities relating to investments in qualified opportunity zones (“QOZs”): designated areas in low income communities. Interested investors in and organizers of qualified opportunity funds (“QOFs”) have anxiously awaited this […]

Jeffrey A. LiesemerMember, Caplin & Drysdale, Chartered

WASCA clarifies the law of set-off in insolvency

In the recent matter of Hammersley Iron Pty Ltd v Forge Group Power Pty Ltd (in liq) (receivers and managers appointed) [2018] WASCA 163 the Court of Appeal of the Supreme Court of Western Australia held that the attachment of a security interest under the Personal Property Securities Act 2009does not preclude set-off in insolvency pursuant to section 553C of […]

Transfer Pricing Strategist Clark Armitage Named President of Caplin & Drysdale

WASHINGTON, D.C. – October 11, 2018: Caplin & Drysdale announced today that Clark Armitage — a Member working primarily in the transfer pricing space — was named President of the Firm.  “Throughout his years with the firm, Clark has been both a team player and a thoughtful leader,” remarked his predecessor, Beth Kaufman.  “He is […]

Jeffrey A. LiesemerMember, Caplin & Drysdale, Chartered

Caplin & Drysdale’s Newest Member Victor Jaramillo Serves Tax Controversy Needs of Global Community

Join Our Alert Distribution List   Caplin & Drysdale’s Newest Member Victor Jaramillo Serves Tax Controversy Needs of Global Community  October 3, 2018 Clients value and rely on Mr. Jaramillo’s in-depth knowledge of U.S. tax law and his innovative approach to solving complex tax issues. His areas of focus for corporate clients include all forms […]

Jeffrey A. LiesemerMember, Caplin & Drysdale, Chartered

High Court of Australia rules that ‘Holding DOCAs’ are permissible in certain circumstances

Mighty River International Limited v Hughes; Mighty River International Limited v Mineral Resources Limited [2018] HCA 38. Background Mesa Minerals Limited (Mesa) is a listed mining company which owned a 50% joint venture interest in two manganese projects[1].  It was placed into Voluntary Administration on 13 July 2016[2]. Voluntary Administrations are governed by Part 5.3A of […]

James ConomosFounder and Principal Partner, James Conomos Lawyers