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…

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…

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…

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…

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…

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…

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…

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…

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…

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…