Greenberg Traurig Germany, LLP Document Search Results (217)
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|First fines imposed in Germany on companies for still relying on Safe Harbor|
Viola Bensinger, Carsten Kociok; Greenberg Traurig Germany, LLP;
July 7, 2016, previously published on June 14, 2016On June 6, 2016, the Hamburg Commissioner for Data Protection imposed fines on three internationally operating companies for still relying on Safe Harbor as the basis for their data transfers to the U.S.
|New Rules Concerning the Correction of Errors in Assessment of Real Property Taxes Will Go Into Effect in NYC|
Glenn Newman; Greenberg Traurig, LLP;
July 7, 2016, previously published on June 14, 2016On June 16, 2016, new Rules issued by the New York City Department of Finance (the Department) regarding the correction of errors concerning the assessment of real property taxes go into effect. Title 19 of the Rules of the City of New York was amended to add a new Chapter 53 authorizing the...
|SEC Adjusts Thresholds for ‘Qualified Client’ Status - Effective Aug. 15, 2016|
Richard M. Cutshall; Greenberg Traurig, LLP;
July 7, 2016, previously published on June 17, 2016As it signaled its intent in May (notice available here), on June 14, 2016, the Securities and Exchange Commission (the Commission) issued an Order adjusting the net worth threshold for qualification as a “qualified client” under Rule 205-3 under the Investment Advisers Act of 1940, as...
David Jay, Jason Kislin, Paige Nestel; Greenberg Traurig, LLP;
July 7, 2016, previously published on June 21, 2016Although New Jersey’s Truth-in-Consumer Contract Warranty and Notice Act (TCCWNA) was enacted over 30 years ago, there has been a dramatic spike in the statute’s popularity amongst plaintiff’s attorneys in recent months - leading to dozens of lawsuits, class actions, and threats...
|View from Italy: New Incentive Rules for the Unfreezing of Bad Loans of the Italian Bank|
Greenberg Traurig LLP;
June 14, 2016, previously published on June 2, 2016After a lot of buzz, the highly anticipated “Banks Decree” (“Decree”) setting forth urgent measures on the reform of cooperative banks, the guarantee for the securitization of non-performing loans (“NPLs”) and the tax regime for crisis procedures and collective...
|No Magic Words, but It Matters Who is Saying Them—the Delaware Chancery Court
Analyzes Anti-Reliance Clauses in Acquisition Agreements|
Kenneth A. Gerasimovich; Greenberg Traurig, LLP;
June 14, 2016, previously published on June 2, 2016In the last few months, the Delaware Court of Chancery has issued two opinions addressing fraud claims in connection with private M&A transactions based upon representations and statements made by sellers outside the four corners of the acquisition agreement, with quite different results for the...
|Virginia Letter Ruling Finds Nexus Based on Employee Working From Home|
Burt Bruton, C. Stephen Davis, G. Michelle Ferreira, William H. Gorrod, Courtney A. Hopley; Greenberg Traurig, LLP;
June 14, 2016, previously published on June 3, 2016The Virginia Department of Taxation recently issued a letter ruling which determined that an employee working from home within the state creates corporate income tax nexus.
|Big Changes for Employees on Student Visas - What Employers Need to Know|
Kristen W. Ng, Rebecca B. Schechter; Greenberg Traurig, LLP;
June 14, 2016, previously published on May 31, 2016Foreign students in post-secondary programs are eligible for one year of work authorization after graduation. This work authorization is called Optional Practical Training (OPT). Since 2008, foreign students with certain science, technology, engineering, and math (STEM) degrees who receive offers...
|View from Israel: A Guide to Understanding Anti-Assignment Clauses|
Aaron R. Katz; Greenberg Traurig, LLP;
June 14, 2016, previously published on June 2, 2016With the increasing trend of globalization in the business world, Israeli companies and investors are commonly entering into agreements with U.S.-based entities. One of the most frequently found clauses in U.S. commercial agreements is an anti-assignment provision that prevents either or both of...
|View from London: The PSC Register|
Fiona Adams; Greenberg Traurig Maher LLP;
June 14, 2016, previously published on June 2, 2016As of April 6, 2016, UK companies and limited liability partnerships (LLPs) are now required to hold and maintain a register of people with significant control (the PSC Register). The PSC Register is primarily aimed at identifying and listing individuals with significant control over a UK company...