Rimon

Bella Ciao authored by Piotr Siemion receives stellar literary review by Polityka

insights Bella Ciao authored by Piotr Siemion receives stellar literary review by Polityka Piotr Siemion · May 20, 2022

Rimon attorney, Piotr Siemion, recently authored the novel, “Bella, ciao” published by Wydawnictwo Filtry. The fiction novel which is set in a Russia-Poland conflict zone has received a stellar five out of six-star review from Polish news weekly, Polityka. Justyna Sobolewska of Polityka (Polityka Weekly no 20, 2022) commented on the novel: “This novel was…

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20 Years between Border Closures: Changes in Tijuana Real Estate Trends and its Impact on the Cross-Border Markets

insights 20 Years between Border Closures: Changes in Tijuana Real Estate Trends and its Impact on the Cross-Border Markets Juan Zuniga · April 27, 2022

Rimon Partner Juan Zuniga recently moderated the Urban Land Institute’s Spring Meeting 2022 on the economic factors that have changed the Tijuana real estate markets and the impact it had on cross-border trade between San Diego and Tijuana. Event description: The once fluid international border between Tijuana and San Diego suffered 2 major shocks with…

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Colombia: Are We Losing Course? (Published by IFC Media)

insights Colombia: Are We Losing Course? (Published by IFC Media) Rodrigo Castillo Cottin · Colombia: Are We Losing Course? (Published by IFC Media) Ana Lopez Murillo · Colombia: Are We Losing Course? (Published by IFC Media) Alejandra Becerra · April 13, 2022

It is widely known that Colombian taxpayers suffer a tax reform every two years. During the last decade, Colombia’s tax regime has experienced substantial changes involving the taxation of individuals, new reporting requirements, and the implementation of exchange of information mechanisms. Since 2012, all tax reforms have had a significant impact on individuals. This impact…

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Planning for the Payment of Taxes on Private Company Stock Awards (Published by Wall Street Lawyer)

insights Planning for the Payment of Taxes on Private Company Stock Awards (Published by Wall Street Lawyer) Craig Tanner · Planning for the Payment of Taxes on Private Company Stock Awards (Published by Wall Street Lawyer) Thomas M. White · April 12, 2022

Stock awards are a common and valuable compensation tool for companies to recruit and incentivize key service providers, such as employees, non-employee board members, and independent contractors.  Many companies adopt stock incentive programs for these purposes  featuring several types of awards, including stock options, restricted stock, and restricted stock units (“RSUs”). There are many factors…

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California’s New Partition Law Creates Buy-Out Window for Inherited Properties

insights California’s New Partition Law Creates Buy-Out Window for Inherited Properties Joseph Ferrucci · April 12, 2022

In 2021, California adopted the Uniform Partition of Heirs Property Act (AB 633, codified at Code of Civil Procedure §874.311 et seq.). The Act affects the ownership and division of real property following the death of family member. Take the following scenario. An elderly parent passes away, survived by three adult children. The parent had…

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Quick Update on German Whistleblowing

insights Quick Update on German Whistleblowing Michael Magotsch · April 6, 2022

Germany had failed to implement the EU Whistleblowing Directive – now the Federal Minister of Justice, Marco Buschmann has finalized a new draft German Whistleblower Act (HinSchG) The new draft Act shall be adopted by the German Federal Government this June 2022 and shall be in force by no later than autumn 2022. It is…

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Tangible Effects on The Restructuring Environment

insights Tangible Effects on The Restructuring Environment Bernd Geier · Tangible Effects on The Restructuring Environment Oliver Otto · March 28, 2022

Everyone is talking about sustainability – but very few companies have already adapted their business activity and governance to meet the new regulatory requirements. The transformation process has been initiated in many places – rethinking has been announced in numerous sectors – but the process will extend over several years. For companies this is not…

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EB-5 Reform and Integrity Act Set to Reauthorize EB-5 Regional Center Program Through September 30, 2027

insights EB-5 Reform and Integrity Act Set to Reauthorize EB-5 Regional Center Program Through September 30, 2027 Debbie A. Klis · EB-5 Reform and Integrity Act Set to Reauthorize EB-5 Regional Center Program Through September 30, 2027 Sonia Oliveri · March 11, 2022

After more than eight months of a lapsed EB-5 Regional Center Program (the “Program”), Senators Charles Schumer (D-NY) and Charles Grassley (R-IA) have agreed on an EB-5 reform bill (the “EB-5 Reform and Integrity Act” or “Act”) that will re-start the Program, as part of the $1.5 trillion Consolidated Appropriations Act of 2022, the omnibus…

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As Venture Deal Terms Narrow, TTOs Should Focus on Investor Quality

insights As Venture Deal Terms Narrow, TTOs Should Focus on Investor Quality Dror Futter · February 16, 2022

Universities — via their TTOs — often receive equity as partial consideration for technologies they license to start-ups. Most of these ventures will raise multiple rounds of financing. As relatively small, junior shareholders, TTOs typically are deal term “takers” with limited ability to impact the deal terms of follow-on rounds. A recent survey of venture…

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California AB 1079 Clarifies Trustee Duties During Incapacity of Settlor

insights California AB 1079 Clarifies Trustee Duties During Incapacity of Settlor Joseph Ferrucci · February 15, 2022

Effective January 1, 2022, California Assembly Bill 1079 (“AB 1079”) amends Probate Code sections 15800 and 16069, clarifying certain trustee obligations when the settlor of a revocable trust is incapacitated. When a trust is revocable, the trustee must provide fiduciary accountings to anyone who has the power to revoke the trust.  Generally, only the settlor…

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