Kramer Levin Naftalis & Frankel LLP

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1177 Avenue of the Americas
New York, NY 10036, United States
Phone: 212.715.9100
Fax: 212.715.8000
Areas of Practice
  • Alternative Dispute Resolution (ADR)
  • Art, Entertainment, & Sports Law
  • Bankruptcy
  • Communications & Media Law
  • Criminal Law
  • Debtor/Creditor
  • Environmental Law
  • Finance & Banking
  • Immigration Law
  • Insurance
  • Intellectual Property
  • International Law & Trade
  • Labor & Employment Law
  • Litigation
  • Mergers & Acquisitions
  • Privacy
  • Real Estate
  • Science, Computers, & Tech
  • Securities Law
  • Taxation
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Locations
Other U.S. Locations
  • California
  • New York
Other Countries
  • France
Number of Attorneys
100+ Attorneys

Time to Think About the H-1B Cap Season and Your Employment Needs

On April 2, 2018, U.S. Citizenship and Immigration Services (USCIS) will begin accepting new H-1B petitions for professional positions. We note that these petitions will have a start date of Oct. 1, 2018…more
 /  Immigration Law, Labor & Employment Law, Science, Computers, & Technology

The French Prosecutor Office Has Entered Into the First French DPA in History With HSBC Private Bank Suisse

On Nov. 14, 2017, six months after the so-called Sapin II law1 entered into force in France, the president of the Paris Tribunal de grande instance approved the first French deferred prosecution agreement (DPA or CJIP…more
 /  Civil Procedure, Finance & Banking, Intellectual Property

Nevada District Court Holds that a Creditor Must Have a Fully Undisputed Claim to Petition for an Involuntary Bankruptcy

The Nevada District Court recently held, in Mont. Dept. of Revenue v. Blixseth, No. 13-cv-01324-JAD, 2017 WL 6417632 (D. Nev. 15, 2017), that a creditor must have a fully undisputed claim to be a “qualified creditor” that may…more
 /  Bankruptcy, Business Organizations, Commercial Law & Contracts, Finance & Banking

ERISA Fiduciary Rule Facing Precarious Future

Since its original release as a proposed rule in April 2015 and as a final rule a year later, the Department of Labor’s (DOL's) so-called fiduciary rule — which expands the “investment advice fiduciary” definition under the…more
 /  Commercial Law & Contracts, Finance & Banking, Labor & Employment Law, Securities Law

Eleventh Circuit Affirms Award of Attorneys’ Fees Incurred by Individuals for Stay Violation in Damages Action and on Appeal

The Bottom Line - Addressing an issue of first impression in the Eleventh Circuit, the Court in Mantiply v. Horne (In re Horne), 876 F.3d 1076 (11th Cir. 2017), recently held that section 362(k)(1) of the Bankruptcy Code…more
 /  Bankruptcy, Civil Procedure, Civil Remedies

Replacing LIBOR in Derivatives Agreements

In July 2017, the CEO of the U.K. Financial Conduct Authority (FCA), Andrew Bailey, announced that the FCA will discontinue the London interbank offered rate (LIBOR) at the end of 2021. LIBOR is an interest rate index that is…more
 /  Commercial Law & Contracts, Finance & Banking, Securities Law

Impact of the Tax Law on Estate Planning

President Trump signed sweeping tax legislation into law on Dec. 22, 2017, resulting in several significant changes to the wealth transfer tax system, effective as of Jan. 1, 2018…more
 /  Elections & Politics, Taxation, Wills, Trusts, & Estate Planning

SEC Releases Guidance on Near-Term Disclosure Regarding Effects of New Tax Law

The tax reform signed into law by President Trump on Dec. 22 (the Tax Act) presents public companies with several accounting and disclosure challenges. Although companies are still evaluating how they will be affected by the Tax…more
 /  Commercial Law & Contracts, Elections & Politics, Securities Law, Taxation

Treasury Review of FSOC’s Systemic Risk Oversight Recommends Activities-Based Approach

The U.S. Department of the Treasury (Treasury) recently released its long-awaited review of the determination and designation processes of the Financial Stability Oversight Council (FSOC), created under the Dodd-Frank Wall…more
 /  Finance & Banking

Year in Review: Top Cryptocurrency Stories of 2017

After lingering on the periphery of financial markets for the past several years, cryptocurrency has finally started to move into the mainstream. While the explosion in Bitcoin’s value dominated the news headlines,…more
 /  Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Securities Law

Tax Reform

On Dec. 22, 2017, President Trump signed into law tax reform legislation (“the Act”) that will have wide-reaching impact across all sectors of the economy. This Client Alert summarizes the following changes to the Internal…more
 /  Commercial Law & Contracts, Elections & Politics, International Law & Trade, Taxation

The Limitations on Interest Deductibility in the New Tax Law

On Dec. 20, 2017, the House of Representatives by a vote of 224 to 201 passed the most significant tax legislation in more than three decades. The Senate passed the same legislation earlier in the day…more
 /  Commercial Law & Contracts, Elections & Politics, Finance & Banking, Taxation

USCIS Restricts Eligibility for TN Economist Category

United States Citizenship and Immigration Services (USCIS) has issued a policy memorandum restricting Trade NAFTA (TN) nonimmigrant classification under the profession of Economist. USCIS advises that the TN Economist category…more
 /  Labor & Employment Law, Immigration Law

SDNY Bankruptcy Court Rejects Non-Consensual Third-Party Releases

Third-party releases attract significant attention and debate in Chapter 11 cases. A Southern District of New York bankruptcy court recently weighed in on this hot topic and issued a decision in In re SunEdison, Inc., et al.,…more
 /  Bankruptcy, Business Organizations, Finance & Banking

Court of Appeals Ruling Eases the Way for Shareholders to Bring Derivative Suits Against Cayman Islands Companies in the New York Courts

On Nov. 20, 2017, the New York Court of Appeals held that in a derivative action brought in a New York court against a company incorporated in the Cayman Islands, the plaintiff need not comply with Rule 12A of the Cayman Islands…more
 /  Civil Procedure, Commercial Law & Contracts, International Law & Trade, Securities Law
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