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2009 European Regional Meeting in Athens
Hosted by Dimitriou Law Office
The International Lawyers Network's 2009 European Regional Meeting was held in Athens, Greece, hosted by Dimitriou Law Office.
On behalf of the Chairman, Board of Directors and the Administration, we would like to thank Mr. Dimitris Dimitriou, Mr. Philip Dimitriou and everyone at the firm for making this a very special event.
[FULL STORY]
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ILN Launches Re-Design of Blog with LexBlog
http://www.zenlegalnetworking.com
New York (May 25, 2010) – It is with great pleasure that we announce the re-design and launch of Zen and the Art of Legal Networking on the LexBlogPlatform http://www.zenlegalnetworking.com
The blog is authored by Lindsay Griffiths, who, as the Director of Network Development for the ILN, is responsible for facilitating member
attorney relationships through marketing, events planning, and business development.
Working for the ILN presents an interesting set of challenges and projects, focused both on topics of interest to the legal industry and relationship-building within the Network. Zen
and the Art of Legal Networking is designed to provide her thoughts on these topics.
The blog is also home to ILN-terviews, a series of interviews with ILN member firm attorneys, and highlights member firm blogs in the LexBlog network on the home page.
Zen and the Art of Legal Networking had its first post in February of 2009 and after 74 posts, Lindsay says “We’re very excited to be joining the LexBlog network family and
launching this re-design of our blog. We look forward to engaging further with the legal community through our blog and continuing to have fruitful discussions for the benefit of
our readers and our member firm attorneys. A very special thanks to Kevin O’Keefe and LexBlog for all of their help with the design, hosting and launch!”
The International Lawyers Network facilitates personal relationships among lawyers in mid-sized law firms all over the world, allowing them to confidently operate in a global
marketplace while retaining their independence and local expertise. As one of the largest networks of experienced attorneys in the world, the ILN provides a platform for
clients to access quality legal professionals worldwide with the cost-effectiveness and personalized service only independent, regional law firms can provide. With 91 high- quality, full-service and specialized law firms and over 5,000 lawyers in 67 countries on six continents, the excellence, demonstrated experience, worldwide presence, and relationships of the International Lawyers Network combine to make this Network one of the leading associations of independent law firms in the world. The ILN: Where lawyers become friends.
[FULL STORY]
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An Important Decision: Employee's Right to Royalties in a "Service Invention"
Glusman Shem-Tov Chowers Broid & Co., Tel Aviv
by Miriam Hackmey and Kobie Refaeli
On February 3, 2010, an important ruling was rendered affecting the employee-employer relationship with respect to patents in which the employees are inventors (hereinafter: the "Ruling"). The Ruling refers to patents that are considered “Service Inventions”, which is defined in Section 132 of the Israeli Patent Law - 1967 (hereinafter: the "Law"). The Ruling was rendered by the Committee on Compensation and Royalties established by Section 109 of the Law (hereinafter: the "Committee").
[FULL STORY]
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New Company Law in the Dominican Republic
Mejía-Armenteros & Abreu, S.A.
by Mr Santiago Mejía Ortiz
Executive Summary
The new Commercial Societies and Individual Enterprises of Limited Responsibilities General Law (Law No. 479-08), substitutes and derogates the Third Title in the Commercial Code that is in effect, that includes the articles 18 to the 64 regarding the Commercial Societies.
This new Law recognizes and maintains in effect the different types of societies known from the Commercial Code. Nevertheless, institutes two new classes of societies: the Societies of Limited Responsibilities (SLR ) and the Individual Enterprises of Limited Responsibilities (IELR ).
[FULL STORY]
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Why Choose India as Destination For FDI
Singhania & Company
by Krrishan Singhania and S.N. Verma
India is emerging as one of the most attractive business Destinations all over the Globe. No country aspiring to be global leader in business can afford to miss an opportunity of investing in India. To-day, while almost the entire world has fallen prey to the worst ever Global recession and finding it difficult to get out of its trap, Indian economy continues to grow at the rate of 7-9% per annum. The whole world is keen on knowing as to what is that SECRET about India that has helped it in maintaining such a position on the global map in the present era and wants to follow India’s foot prints in the global economy.
[FULL STORY]
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What Can We Expect in Social Security If We Work in Another European Union Member State or Employ a Citizen of Another Member State After 1 May 2010?
PETERKA & PARTNERS v.o.s., Prague
by Magdalena Vyskovska
In addition to other formalities, all employers in the European Union who post their employees to other member states or employ citizens of other member states or the EEA are already used to dealing with the issue of which member state they must pay social security and health insurance contributions in on their behalf. Also, the self-employed must deal with this problem when they decide to do business in one or more EU member states. Nevertheless, the correct interpretation of the relevant coordination regulation sometimes seems problematic for employers and the self-employed, and the incorrect application of the regulation or lack of information on the applicable legislation may result in many sanctions.
[FULL STORY]
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Ecuador - The Impact of the Tax Reform of Late 2009
Ortega Moreira & Ortega Trujillo, Abogados, Guayaquil
by Gustavo Ortega Illingworth
During the last two years, the Ecuadorian tax system has suffered substantial changes intended to increase revenue and decrease evasion. There is no doubt about the legitimate intent behind the reforms. Notwithstanding, the content of the amendments go beyond expected by introducing or eliminating provisions that violate principles of equivalence and proportionality recognized in the Constitution and the Tax Code. The tax reform of 2008, for example, introduced the need to issue a collateral to secure the fiscal interest of the lnternal Revenue Service as a condition to litigate a tax liability compromising the right of tax payers to a defense and eliminated the concept of the positive silence in administrative proceedings. The changes introduced in 2009 are no exception. In the following lines, we will discuss their impact and mechanisms to minimize it.
[FULL STORY]
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Further Departure From Bank Secrecy in Latvia
Grunte & Cers / TLS Alliance,Riga
by Inese Hazenfusa
The Latvian Credit Institutions Law similarly like in many other countries establishes the principle of bank secrecy, which relates to clients, their accounts, deposits and their transactions, setting out that such information subject to bank secrecy may be disclosed to the individuals themselves or the legal or authorised representatives of the legal persons.
[FULL STORY]
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Bankruptcy Taxation in the U.S.
Arnstein & Lehr LLP, Chicago
by Robert E. McKenzie
1. CREATION OF THE BANKRUPTCY ESTATE
1.10 A separate taxable bankruptcy estate is created when an individual debtor files either a Chapter 7 or Chapter 11 Petition. [IRC 1398(a)]. In all other bankruptcy proceedings, including Chapter 7 or Chapter 11 bankruptcy cases dismissed by the Bankruptcy Court, the debtor continues to file income tax returns as though there were no bankruptcy and there were no separate taxable bankruptcy estate. When a separate taxable bankruptcy estate is created, the estate inherits and takes into account the following income attributes of the debtor [IRC 1398(g)]:
[FULL STORY]
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ILN Member Fogler Rubinoff Sponsors IBA Conference
Fogler Rubinoff, Toronto
For immediate release Contact: Lindsay Griffiths
Telephone: 201.594.9430
ILN Member Fogler Rubinoff Sponsors IBA Conference
New York (April 20, 2010) – On Tuesday, Fogler Rubinoff announced that they are sponsoring the IBA’s Biennial Conference SEERIL: Challenges for Resources in a Changing World, held at the Four Seasons in Toronto on April 25-28, 2010. The conference, which is presented by the IBA’s Section on Energy, Environment, Natural Resources, and Infrastructure Law, will focus on a wide range of issues affecting the industries represented by this section. The IBA says “The topics will be around the general theme of empowering the planet in a challenging environment, including access to resources, energy and land, reduction of emissions and the associated legal framework.” It is recommended that private practitioners and in-house counsel at all levels of experience involved in environmental, international construction, mining, oil and gas, power or water law attend.
Fogler Rubinoff will sponsor the conference’s Welcome Reception. In addition, firm partner Charles Birchall is a member of the Host Committee and will also be the Chair of “The Arctic Paradox” session, to be held on April 26th. Fogler Rubinoff is a full service law firm in Toronto, Canada, providing legal services and advice to both established and emerging businesses and to individuals. Their team is comprised of 94 lawyers and 120 legal, administrative, and technical employees providing support to their clients through a wide range of practice areas.
The International Lawyers Network facilitates personal relationships among lawyers in mid-sized law firms all over the world, allowing them to confidently operate in a global marketplace while retaining their independence and local expertise. As one of the largest networks of experienced attorneys in the world, the ILN provides a platform for clients to access quality legal professionals worldwide with the cost-effectiveness and personalized service only independent, regional law firms can provide. With 91 high-quality, full-service and specialized law firms and over 5,000 lawyers in 67 countries on six continents, the excellence, demonstrated experience, worldwide presence, and relationships of the International Lawyers Network combine to make this Network one of the leading associations of independent law firms in the world.
www.foglerrubinoff.com
www.iln.com
[FULL STORY]
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Fladgate advises on the admission to AIM of Metminco
Fladgate LLP, London
Fladgate LLP has acted for new client Metminco Limited on its admission to the AIM market.
Metminco, an ASX listed mining exploration company, raised £12m by way of a placing of 103,795,569 ordinary shares.
[FULL STORY]
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