International Services Group

Showing 43 posts in International Communiqués.

What Foreign Account Holders Need to Know from the IRS Before June 30 Deadline

Taxpayers with foreign bank or other financial accounts should be aware of the imminent June 30 filing deadline for Form 90-22.1, Report of Foreign Bank and Financial Accounts ("FBAR"), for the 2008 calendar year. Read More ›

New Tax Savings Opportunity Related to International Reorganizations

For years, multi-national companies have faced a wide variety of choices when it comes to their corporate structure. Most multi-national companies operate through a holding company in their home country that owns all or part of several different entities in several different countries. These foreign entities, in turn, may themselves be miniature multi-nationals – owning portions of even more entities in even more countries.   Read More ›

Roadmap to Certifying Consumer Products under the Consumer Product Safety Improvement Act of 2008

Consumer products manufactured for distribution in the United Stated after November 11, 2008 must be certified in accordance with the Consumer Product Safety Improvement Act of 2008 (“CPSIA”). If you are an importer or domestic manufacturer of consumer goods, are you prepared to issue the appropriate certification? If not, did you know your imports may be refused admission and potentially destroyed? Further, did you know that failure to furnish a certificate is unlawful and could result in severe civil penalties or, in rare cases, criminal prosecution? Do I have your attention?   Read More ›

EU Provides Additional Guidance for Binding Corporate Rules to Permit Cross-Border Data Transfer

The European Union’s Article 29 Working Party, the group responsible for administration of the Binding Corporate Rules (BCRs), has recently updated its BCR Guidance. The documents constituting this update include a checklist setting forth the required elements of the BCRs, and a framework for the structure of BCRs that can serve as a template. In addition, the Working Party issued a set of FAQs based upon the experience of the Data Protection Authorities with applications made for approval of BCRs, and inquiries received by them for interpretation of the EU documents authorizing the use of the BCRs, WP 74 and WP 108.  Read More ›

Changes in Visa Issuance Procedures

In the past, applicants for visas at embassies and consulates (“posts”) abroad had to hand-carry their original I-797 Approval Notices to their interview appointments. The Department of State, in an effort to reduce fraud and enhance security, has recently created the PIMS record check system to provide posts with official notification of H, L, O, P and Q petition approvals. Now, rather than relying on the original Approval Notice, posts must confirm petition approval in PIMS before issuing a visa.   Read More ›

Reform of the German GmbH

The most commonly chosen corporate form in Germany is the Gesellschaft mit beschränkter Haftung (Company with Limited Liability, GmbH). Compared to its main alternative, the Aktiengesellschaft (stock corporation), the shareholders of a GmbH have direct control over the management, can structure the entity in a flexible manner and have to contribute considerably less share capital. These features generally attract small to medium-sized businesses and corporate groups.   Read More ›

Bribery, Billions, and Bureaucrats: The FCPA and its Global Application

An international construction company with a multibillion dollar oil contract finds itself under investigation by the United States Department of Justice (DOJ) for bribing Nigeria’s ruling cabal.   Read More ›

RICO Claim Premised Upon Employer's Immigration Violations Fails For Lack of Proximate Cause

On February 13, 2008, the very day when this case was mentioned in a presentation at the Hospitality Law conference in Houston, Chief Judge Curtis L. Collier granted summary judgment to Defendant Tyson Foods in a vigorously contested civil class action premised upon immigration and employment issues.  Read More ›

ALP: If we purchase the assets and continue the business of a unionized company, do we have to recognize the union and assume an existing labor agreement?

Not automatically. It depends (a) whether New Co. is a “successor” of Old Co., and (b) what pre-purchase communications were made regarding the existing labor agreement and terms of employment with New Co. (Assume the purchased company is called “Old Co.” Assume that after the purchase, the company is called “New Co.”).  Read More ›

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Attorney Spotlight

Joseph J. Dehner Joe Dehner concentrates his practice on multinational business and securities disputes. He counsels a wide variety of companies, domestic and foreign, on issues confronting global business, including transnational investment, mergers and acquisitions, joint ventures, customs and trade issues, international business structures, distribution and agency agreements and the resolution of international disputes.