Quick Update (No. 2) on German Whistleblowing
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Michael Magotsch
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August 1, 2022
On 27 July 2022, the Federal Cabinet passed the revised draft German Whistleblower Act (HinSchG). In early April 2022, we reported about the delayed activities of the German Government to implement the EU directive 2019/1937 into national law. Now – at last – the German Government has passed the Bill and after the summer break…
November 2022 Ballot Update: Empty Homes Tax Moves Forward in San Francisco; Prop 19 Repeal Falters
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Joseph Ferrucci
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July 13, 2022
A ballot measure to tax vacant apartments in San Francisco – the “Empty Homes Tax” – acquired enough signatures to be certified for the November 2022 ballot. If passed, the measure would take effect in 2024 and would apply to residential buildings with three or more units. In the first year, any unit that sits…
Bernd Geier contributing author to 6th Edition of German Banking Law Handbook
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Bernd Geier
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July 6, 2022
The 6th edition of German Banking Law Handbook, “Bankrechts-Handbuch” (Ellenberger / Bunte, Beck-Verlag), was recently published. Rimon Partner Bernd Geier co-authored §§ 83, 84, a section dedicated to capital markets and finance law. Read more on the Beck-Verlag website. Bernd Geier is a partner focused on finance, regulatory law, and funds. His practice covers…
Supreme Court Narrows Availability of United States Discovery for International Arbitration
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Michael S. Lazaroff
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June 28, 2022
A unanimous Supreme Court on June 13 determined that 28 U.S.C. §1782 (“Section 1782”) does not permit United States courts to order discovery for foreign or international “private adjudicatory bodies”. ZF Auto. US, Inc. v. Luxshare, Ltd., No. 21-401, 2022 WL 2111355, *3 (2022)(“ZF Automotive Decision”). Rather, the Supreme Court held that Section 1782 only…
CFIUS: A Practical Overview for Dealmakers
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Daanish Hamid
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June 21, 2022
The Department of the Treasury recently held its inaugural conference on the Committee on Foreign Investment in the United States (CFIUS). During this conference, various government officials emphasized the expanding role of CFIUS with respect to performing national security screenings of foreign investments in U.S. businesses and real estate. CFIUS is particularly interested in ensuring…
Take Action Now: Sustainability and Human Resources (Published by Labor Law Magazine)
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Michael Magotsch
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Oliver Otto
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June 16, 2022
What does ESG have to do with Human Resources? At first glance, not much – but far from it! For years, not only global companies have been dealing with issues that are now on everyone’s lips with buzzwords like ESG, sustainability, and green compliance. “Human Capital” is more than ever the focal point of successful…
Bella Ciao authored by Piotr Siemion receives stellar literary review by Polityka
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Piotr Siemion
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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…
20 Years between Border Closures: Changes in Tijuana Real Estate Trends and its Impact on the Cross-Border Markets
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Juan Zúñiga
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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…
Colombia: Are We Losing Course? (Published by IFC Media)
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Rodrigo Castillo Cottin
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Ana Lopez Murillo
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Alejandra Becerra
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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…
Planning for the Payment of Taxes on Private Company Stock Awards (Published by Wall Street Lawyer)
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Craig Tanner
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Thomas M. White
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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…