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Long-awaited Gateway Marketplace development at Woodward and 8 Mile gets under way - Crain’s Detroit Business

admin — Fri, 18 May 2012 07:01:29 +0000

Long-awaited Gateway Marketplace development at Woodward and 8 Mile gets under way Crain’s Detroit Business Gateway Park Outlet Mall LLC, a group of investors that includes developer Bernie Schrott, Dykema Gossett PLLC attorney Elliot Hall, former Wayne County Commissioner Ricardo Soloman and Marvin Beatty, a former owner of Greektown Casino-Hotel, … and more »

Medical fees rise as no-fault bills languish - Crain’s Detroit Business

admin — Mon, 14 May 2012 07:12:43 +0000

Medical fees rise as no-fault bills languish Crain’s Detroit Business But the association contends it is not subject to FOIA, and its attorneys at Dykema Gossett PLLC have brought a motion to dismiss, which awaits a hearing July 11 before Ingham County Circuit Judge Clinton Canady. The 28-member coalition, which includes ..

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Medical fees rise as no-fault bills languish - Crain’s Detroit Business

House Passes Cybersecurity Bill Despite Controversy

admin — Fri, 11 May 2012 19:36:28 +0000

Document Name: House Passes Cybersecurity Bill Despite Controversy Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: Business executives and national security leaders are of one mind over the need to improve the security of computers that control elements critical to the U.S. infrastructure. But the two groups are divided over the question of who should bear the responsibility for that effort.

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House Passes Cybersecurity Bill Despite Controversy

Where Court Reporting Can Take You – International Court Reporter

admin — Fri, 11 May 2012 19:32:20 +0000

Document Name: Where Court Reporting Can Take You – International Court Reporter Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: Being a court reporter has given me the opportunity to experience international travel, and today I find myself in Chiang Mai, a beautiful place at the base of the northern mountains of Thailand in a kingdom formerly known as Lanna, “A Kingdom of a Million Rice Fields.” Lan = Million and Na = Rice Fields.

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Where Court Reporting Can Take You – International Court Reporter

Federal Reserve Approval of ICBC Acquisition Clears the Way for Chinese Bank Acquisitions of US Banks

admin — Fri, 11 May 2012 19:29:51 +0000

Document Name: Federal Reserve Approval of ICBC Acquisition Clears the Way for Chinese Bank Acquisitions of US Banks Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: On May 9, 2012, the Board of Governors of the Federal Reserve System (“Board”) issued an order approving the first acquisition of a US bank by a bank organized under the laws of the People’s Republic of China (“ICBC Order”). The ICBC Order approves the acquisition by Industrial and Commercial Bank of China (“ICBC”), considered the world’s largest bank in terms of profit and market capitalization, of an 80 percent interest in The Bank of East Asia (USA) National Association (“BEA-USA”), a national bank with offices in New York and California and total consolidated assets of approximately US$766 million. While the size of this acquisition is quite small, the ICBC Order is significant because it paves the way for Chinese banks to expand their presence in the US financial markets through the acquisition or establishment of US banking organizations.

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Federal Reserve Approval of ICBC Acquisition Clears the Way for Chinese Bank Acquisitions of US Banks

2012 Guidance Provides an Opportunity to Reevaluate the Commitment of Financial Sponsors in Leveraged Finance Transactions

admin — Fri, 11 May 2012 19:26:49 +0000

Document Name: 2012 Guidance Provides an Opportunity to Reevaluate the Commitment of Financial Sponsors in Leveraged Finance Transactions Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (collectively, the “Agencies”) are seeking comments to proposed guidance for supervised institutions with respect to leveraged finance transactions (the “2012 Guidance”). The 2012 Guidance would replace the guidance issued by the Agencies and the now-defunct Office of Thrift Supervision in April 2001 (the “2001 Guidance”).

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2012 Guidance Provides an Opportunity to Reevaluate the Commitment of Financial Sponsors in Leveraged Finance Transactions

IRS Held to Three-Year Timeline to Audit Tax Shelters

admin — Fri, 11 May 2012 19:22:46 +0000

Document Name: IRS Held to Three-Year Timeline to Audit Tax Shelters Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: IRS Held to Three-Year Timeline to Audit Tax Shelters By James F. McDonough, Jr

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IRS Held to Three-Year Timeline to Audit Tax Shelters

Employment-based Legal Residency Options

admin — Fri, 11 May 2012 19:11:39 +0000

Document Name: Employment-based Legal Residency Options Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: Each year, a large number of undocumented workers are deported who are parents of U.S.

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Employment-based Legal Residency Options

New European Commission de minimis Regulation for SGEI

admin — Fri, 11 May 2012 19:10:23 +0000

Document Name: New European Commission de minimis Regulation for SGEI Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: On 25 April 2012, the European Commission adopted a new de minimis regulation on compensation granted to companies that provide services of general economic interest (SGEI). Under the new regulation, compensation granted by public authorities for the provision of SGEI will fall outside the scope of EU State aid law if it does not exceed €500,000 per company over three years, more than double the previous threshold of €200,000. This will reduce significantly the administrative burden for providers of SGEI and public authorities in EU Member States.

Employee’s Wage Deduction Claim Not Preempted By Federal Law, Court of Appeal Determines

admin — Fri, 11 May 2012 19:09:17 +0000

Document Name: Employee’s Wage Deduction Claim Not Preempted By Federal Law, Court of Appeal Determines Post Date: 05/11/2012 Publication Date: 05/11/2012 Document Summary: In Sciborski v. Pacific Bell Directory, the California Court of Appeal, Fourth Appellate District, Division One, determined that an employee’s claims for wage deductions under California Labor Code 221 was not preempted by section 301 of the Labor Management Relations Act (29 U.S.C. § 185)

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Employee’s Wage Deduction Claim Not Preempted By Federal Law, Court of Appeal Determines