Squire Patton Boggs

4900 Key Tower 127 Public Square
Cleveland, OH 44114 , United States

  • 216 479 8500
  • 216 479 8780

Ukraine Simplifies the Procedure of Issuance And Extension of Work Permits For Foreigners

On 28 January 2015, the Cabinet of Ministers of Ukraine adopted the Resolution on Deregulation of Business Activity No. 42, effective as of 11 February 2015, which simplifies the procedure for issuance of work permits for…more
| International Law & Trade, Labor & Employment Law

US Senate Finance Committee Unanimously Approves FIRPTA Reforms

On February 11, 2015, the Senate Finance Committee approved a bill that would make significant changes to the Foreign Investment Real Property Tax Act (FIRPTA), encouraging investment in US real estate in several ways, but…more
| International Law & Trade, Real Estate - Commercial, Taxation

Corporate Governance and Disclosure Considerations for Financial Services Companies This Proxy Season and Beyond

Introduction - As the 2015 annual meeting season quickly approaches, recent and continuing corporate governance and securities disclosure developments should be top of mind as financial services companies complete their…more
| Business Organizations, Finance & Banking

Application For Recognition As A 501(C)(29) Organization

The Internal Revenue Service (IRS) and Department of the Treasury (Treasury) published in the January 29, 2015 Federal Register final income tax regulations (Regulations) describing procedures by which a qualified nonprofit…more
| Health, Insurance, Taxation, Nonprofit Law

Ohio Supreme Court Rules That Municipalities Cannot Block Drilling Activities Permitted By the State

On February 17, 2015, the Ohio Supreme Court ruled that the city of Munroe Falls could not shut down a company’s drilling operations for failing to comply with local ordinances. In so ruling, the Court held that the state has…more
| Constitutional Law, Energy & Utilities, Zoning, Planning & Land Use

Regulatory Relief for Regional and Community Banks

After the US elections in November 2014, Congress passed two amendments to provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) – the so-called “swaps push-out rule” and the “Collins…more
| Administrative Law, Elections & Politics, Finance & Banking

Growing Issues In A Miniature World: Nanomaterials Registers In The European Union

Many scientists believe that the highest growth potential for improved applications lies in nanomaterials. This technology is not without controversy and the law is only now trying to catch up with the technological…more
| Administrative Law, Commercial Law & Contracts, International Law & Trade, Science, Computers, & Technology

New Russia Law Sets Tougher Penalties on Medicines and Medical Devices

On December 31, 2014 Federal Law No. 532-FZ was enactedOn Amending certain Legislative Acts of the Russian Federation in Connection with Interdiction of Falsified, Counterfeit, Poor-Quality and Unregistered Medicines, Medical…more
| Criminal Law, Health, International Law & Trade, Science, Computers, & Technology

President's FY 2016 Budget Proposal: A Detailed Look At The Defense Budget And The Threat Of Sequester

President Obama’s defense base budget request for FY 2016 is $534.3 billion, which is an increase of $38.2 billion over the FY 2015 enacted amount. The request also includes $50.9 billion for the Overseas Contingency Operations…more
| Elections & Politics, Finance & Banking, Military Law

UCC Lien Termination Error May Result In Huge Loss For Lender

The legal principles governing corporate finance are often complex. Sometimes, however, the simplest of errors can be the most costly. Such was the case with a large syndicated secured loan made to General Motors. Due to a…more
| Bankruptcy, Civil Procedure, Commercial Law & Contracts, Finance & Banking

Taxes in Qatar

How favorable is the tax regime in Qatar? - The most favorable in the world, according to the 2009 Forbes Tax Misery and Reform Index, which ranked countries in terms of the harshness of their tax regimes. The index took…more
| Business Organizations, International Law & Trade, Taxation

President’s FY 2016 Budget Proposal - Detailed Analysis of The Tax And Revenue Implications

In This Issue: - Introduction - Executive Summary - The Current Tax Landscape - Tax Proposal Highlights from the Administration's FY 2016 Budget - Excerpt from Introduction: As was…more
| Elections & Politics, Finance & Banking, Taxation

President’s FY 2016 Budget Proposal - Analysis Of Administration Funding And Policy Priorities

On February 2, 2015, President Obama submitted his FY 2016 Budget Proposal to Congress, echoing many elements outlined in his State of the Union address. The Budget proposal exceeds restrictive spending caps (“sequestration”)…more
| Agriculture, Commercial Law & Contracts, Elections & Politics, Privacy, Taxation

Banks Take A Risk In Freezing A Debtor’s Account During Chapter 7 Proceeding

Introduction - What is a bank to do when an individual depositor files a chapter 7 bankruptcy petition? Do the turnover requirements of the US Bankruptcy Code allow the bank to put a freeze on the debtor’s account, at least…more
| Bankruptcy, Civil Procedure, Civil Remedies, Commercial Law & Contracts, Finance & Banking

Investment Adviser Compliance: A Reminder “To Do” List For The New Year

As the new year begins, now is an opportune time for us to provide you with a few reminders that should keep your investment adviser compliance “to do” list on track for 2015. Regulatory Filings - • Form ADV: All…more
| Finance & Banking, Securities Law
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