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HTMLDetermining the IRS’s Fair Share: Considering Discounts to Establish the Value of Interests in Artwork for U.S. Transfer Tax Purposes
William E. Keenen; Greenberg Traurig, LLP;
Legal Alert/Article
February 25, 2015, previously published on December 18, 2014
Under U.S. law, a tax generally is imposed whenever one individual gratuitously transfers an interest in property to another. This tax is computed on the value of the property interest transferred, whether during one’s life (to which the gift tax applies) or at one’s death (to which the...

 

HTMLView from London: Completion Accounts Case Law Every Dealmaker Should Know About
H. Andrew Ross, Henrietta Walker; Greenberg Traurig Maher LLP;
Legal Alert/Article
February 25, 2015
In the recent case of Shafi v Rutherford [2014] EWCA Civ 1186 (Shafi), the U.K. Court of Appeal was asked to examine an appeal from the High Court regarding the interpretation of a completion accounts mechanism, a commonly used price adjustment process in company and business acquisitions. The...

 

HTMLForeign Holders of Mexican Debt Securities Should Hold a Little Longer
Eugenio Grageda Nunez; Greenberg Traurig, S.C.;
Legal Alert/Article
February 25, 2015, previously published on December 10, 2014
Gains derived from the sale of Mexican public debt instruments listed abroad between two foreign tax residents will soon be exempt from Mexican tax. Currently, for Mexican income tax purposes, any gains derived from the transfer of publicly-traded bonds, securities and other credit instruments are...

 

HTMLTech Conference Helps Philadelphia Gain Ground in Attracting Israeli Companies
Beth Cohen; Greenberg Traurig, LLP;
Legal Alert/Article
February 25, 2015, previously published on December 16, 2014
The Israel Technology Conference recently held in Philadelphia proved successful in promoting the city as a viable location for Israeli companies to open U.S. headquarters. The Times of Israel called it a “landmark event where business relationships were established and nurtured.”

 

HTMLU.S. Criteria for The Antique Exception to the Ivory Ban
Kevin P. Ray; Greenberg Traurig, LLP;
Legal Alert/Article
February 25, 2015, previously published on December 1, 2014
Before the new rule went into effect, objects at least 100 years old that are either made of African elephant ivory or included ivory components were exempt from the general Endangered Species Act (ESA) and Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)...

 

HTMLBritish Government Tells Recruitment Agencies to Look Local
Robert E. Collier-Wright; Greenberg Traurig Maher LLP;
Legal Alert/Article
February 25, 2015, previously published on November 25, 2014
The British Government has recently published its response to a consultation on whether recruitment agencies should be banned from advertising vacancies in other European Economic Area (EEA) countries without also advertising them in Great Britain and in English.

 

HTMLTencent vs. Qihoo - A Significant 2014 Anti-monopoly Ruling in China
Cathy Zhang, Dawn (Dan) Zhang; Greenberg Traurig, LLP;
Legal Alert/Article
February 24, 2015, previously published on February 2, 2015
After an almost two-year litigation marathon, the Supreme People’s Court of China (Supreme Court), in October 2014, upheld the ruling of the Guangdong High Court (High Court) that Tencent QQ did not abuse a market dominance position under the Anti-monopoly Law of People’s Republic of...

 

HTML'Patent Wars' - Injunctive Relief Looking Less Likely Option for Standard Essential Patent Holders
Teresa Charatjan, Hans Urlus; Greenberg Traurig, LLP;
Legal Alert/Article
February 24, 2015, previously published on February 12, 2015
Huawei v. ZTE, a case currently pending before the European Court of Justice (ECJ), presents the much-anticipated platform for the ECJ to adjudicate whether, and when, Standard Essential Patent (SEP) holders can obtain injunctive relief to enforce their rights in SEPs. The EU Advocate...

 

HTMLRevised Clayton Act/Hart-Scott-Rodino Premerger Notification Thresholds for 2015
Mary K. Marks; Greenberg Traurig, LLP;
Legal Alert/Article
February 24, 2015, previously published on February 12, 2015
On Jan. 15, 2015, the Federal Trade Commission (FTC) announced revised Hart-Scott-Rodino Act (HSR) reporting thresholds under which transactions will be reportable only if, as a result of such transaction, the acquiring person will hold voting securities, assets, or non-corporate interests valued...

 

HTMLThe FTC’s Continuing Focus on Trade Associations
John J. Elliott; Greenberg Traurig, LLP;
Legal Alert/Article
February 24, 2015, previously published on February 12, 2015
Trade Associations, by their nature, are inviting targets for the Federal Trade Commission (FTC) and private antitrust plaintiffs alike. Just since August 2014, six associations have entered settlement agreements with the FTC. Those agreements, and in particular, the two entered into Dec. 23, 2014...

 


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