Featured Publications

Private Wealth Services: Alert - November 26, 2008

A tumultuous 2008 – marked by a financial crisis many economists consider to be the greatest since the 1930s – is rapidly coming to an end. As we approach year-end, taxpayers should remain focused on their personal income tax liability and those tax saving techniques that may alleviate the inevitable financial burden many associate with April 15. This alert covers recommendations for 2008 year-end tax planning and incorporates some new options resulting from the recent enactment of the EESA. Due consideration must also be given to many of Mr. Obama’s proposed tax changes (or some iterations thereof) that will likely be adopted in 2009 making the tax planning process even more challenging in 2008.

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Holland & Knight  Assists Client in Acquisition of MetroSouth Medical Center in Blue Island, Illinois

CHICAGO – A team of Holland & Knight attorneys, led by Chicago Partner Anne Murphy, today completed a transaction in which client MSMC Investors LLC acquired St. Francis Hospital and Health Center from SSM Health Care. The historic 410-bed hospital, founded in 1905, was slated for closure after earlier efforts to find a buyer were unsuccessful. The acquisition was successfully completed on an unusually aggressive timetable. The hospital is the largest employer in Blue Island, and is known for its high quality service and excellence in cardiac care.

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Securities & Financial News to Note
Alert - July 14, 2008
 
In this Issue...
Senate Confirms Three New SEC Commissioners
 
 July 14, 2008
 

On June 27, 2008, the U.S. Senate confirmed three new SEC Commissioners: Luis Aguilar, a partner in the Atlanta, Georgia, office of the law firm of McKenna Long & Aldridge; Elisse Walter, Senior Executive Vice President, Regulatory Policy & Programs at FINRA; and Troy Paredes, a professor at Washington University School of Law. Luis Aguilar and Elisse Walter will fill the vacant Democratic seats on the Commission and Troy Paredes will fill the open Republican seat on the Commission. The five-member Commission has been operating with three Republican commissioners since February of this year – Chairman Cox, Paul Atkins and Kathleen Casey. Commissioner Atkins had previously announced he would leave the SEC after the end of his term (June 2008) upon his successor’s installation.Chairman Cox made the following statement following the nominees’ confirmation, “[t]he President and the Senate have given the SEC three outstanding Commissioners. I look forward to welcoming them to their important positions of leadership in the finest securities regulatory agency in the world. The SEC has laid out an ambitious agenda to improve investor protection and financial markets regulation, and a full complement of Commissioners will help us achieve those important objectives.”

http://www.sec.gov/news/press/2008/2008-125.htm