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

International Maritime Workouts, Business Workouts Manual (2nd ed.)
 

Thomson Reuters/West, Boston

December 2, 2008
 
Lennard K. Rambusch- New York
Jovi Tenev - New York

The majority of shipping loans are secured by vessels that operate internationally. In developing a workout strategy involving vessels engaged in “blue water” trades, the laws of a number of nations as well as international conventions may be relevant. An analysis not only of the lender's security but also of the relevant laws of nations where vessels are scheduled to call is an important first step in a maritime workout.

"International Maritime Workouts," a chapter contained in the book Business Workouts Manual (2 ed.), and co-authored by Holland & Knight partners Jovi Tenev and Lennard Rambusch, discusses legal issues related to international maritime workouts, including checklists, strategies and detailed information.

READ: International Maritime Workouts

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