Featured Publications

Government Contracts: Alert - November 12, 2009

On November 30, 2009, the Supreme Court will hear oral argument in Graham County Soil & Water Conservation District v. United States ex rel. Wilson, a qui tam action brought under the False Claims Act (FCA) and appealed from a Fourth Circuit decision. The Court will use the case to resolve a split among the circuits over the scope of the FCA's "public disclosure" bar. A decision affirming the Fourth Circuit could increase qui tam litigation against any organization that does business with, or receives federal money through, federal, state and local governmental entities – and would further expand the reach of the FCA to any state or local program involving the use of federal funds.

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Private Wealth Services: Newsletter - November 2009

There has been considerable debate on Capitol Hill this year over the taxation of a Carried Interest in the context of a Private Equity Fund (PEF). At the same time, there has been public discussion of the role that the private equity industry will have in our economic recovery. In the realm of estate planning, PEF Principals possess unique opportunities to shift the performance of their interest in a PEF to future generations – potentially resulting in very significant estate tax savings. This article will review the basic PEF structure, describe the nature of a Principal’s interest in a PEF and indentify wealth transfer techniques that should be considered by a Principal.

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Articles & White Papers
Maritime

Artefact Laws Threaten Salvage Operations
 

International Tug & Salvage

July 1, 2008
 

Courts, legislators, and diplomats have weighed in to prevent plunder of marine archaeological sites in ways that may impact commercial salvage operations. That impact may be physical and operationally disruptive, but the more insidious effect may be on the legal underpinnings of salvage which go back 3,000 years. This paper questions whether the professional salvage community has put its future in peril by not facing up to the risks these measures pose, believing their impact will be felt only by "treasure salvors".

This article originally appeared in the July/August 2008 issue of International Tug & Salvage.

Please Click Here to view the article.

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