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Holland & Knight Expands Depth of Financial Services Practice Group on the West Coast With Addition of Two Public Finance Attorneys in San Francisco

SAN FRANCISCO – Holland & Knight has expanded the firm's Financial Services Practice Group on the West Coast with the recent additions of public finance lawyers Edsell M. "Chip" Eady, Jr. and Henry C. Har to the firm's San Francisco office. Eady and Har were previously in the San Francisco office of Nixon Peabody.

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Holland & Knight's Jennifer Hernandez Named One of the 50 Most Influential Minority Lawyers in America

SAN FRANCISCO – Jennifer Hernandez, a partner in the firm's San Francisco office, was named one of the 50 Most Influential Minority Lawyers in America for 2008 by the National Law Journal. Lawyers selected to the list have had a national impact in their legal fields and beyond during the past five years, demonstrated the power to change the law, shape public affairs, launch industries and accomplish large projects.

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International Trade
Newsletter - October 25, 2001
 
In this Issue...
Generalized System of Preferences Expires: What Next?
 
October 25, 2001
 

The Generalized System of Preferences (GSP) expired at midnight on September 30, 2001. As of October 1, 2001, Customs will not process most claims as duty-free under the GSP. Customs Headquarters will use the same mechanism to facilitate refunds utilized in the past when the GSP expired. Under this plan, filers will be allowed to continue using the Special Program Indicator (SPI) "A" for entry summaries. However, Customs will not process these claims as duty-free under the GSP on or after October 1, 2001. Duties at the normal-trade-relations rate (NTR) must be deposited. Refunds will only be issued, if the GSP is renewed with retroactive effect, for those eligible products entered or withdrawn from warehouse for consumption during the period that GSP lapsed and that were eligible for duty-free treatment under the program’s provisions prior to its expiration.

A bill has been submitted to retroactively extend the GSP until December 31, 2002. However, given the security and terrorism preoccupation in Washington, D.C., it may be next year before the program is back in place.