In this Issue:

*2009 Annual Meeting in San Francisco - ILN Chairman, Lowell Lifschultz Steps Down After 21 Years Hosted by Howard, Rice, Nemerovski, Canady, Falk and Rabkin

*2009 European Regional Meeting in Athens Hosted by Dimitriou Law Office

*Impact of the New Enterprise Income Tax Law on Foreign Investment in China Jade & Fountain, Shanghai by Mr. Scott Guan & Mr. Steven Huang

*Costa Rica Approves Corporate Governance Regulations Cordero & Cordero Abogados by Eugenio Vargas & Ricardo Cordero

*Proposed relaxation of foreign investment in Australia Gadens Lawyers, Sydney by Charles Cowper

*The Fine Line Between Protecting Your Collateral and Lender Liability McDonald Hopkins, Cleveland by Alan M. Burger

*New legislation in Denmark on Indirect Restrictive Covenants in Job Clauses. DAHL Advokatfirma, Copenhagen by Søren Narv Pedersen

*Canadian Intellectual Property Office Tosses IP Applicants a Change-Up Clark Wilson LLP by Jeffrey Vicq

*Lesson from the Sports Page: Do Not Terminate a Contract Unless the Breach Was Material or Fundamental. Beirne, Maynard & Parsons LLP , Houston by James E. Smith

*Shareholders Agreements in Russian Joint-Stock Companies Lidings Law Firm, Moscow by Dmitry Pavlov

*Puerto Rico’s Act 75 of June 24, 1964 revisited Goldman Antonetti & Cordova, PSC, Puerto Rico by Rossell M. Barrios-Amy

*American Arbitration Association Appoints Scott Marrs to Its Commercial Panel of Arbitrators Beirne, Maynard & Parsons LLP , Houston

*National, international media seek Arnstein & Lehr attorney’s input on IRS efforts to collect billions in unreported income. Arnstein & Lehr LLP, Chicago