Featured Publications

Labor, Employment and Benefits: Alert - November 10, 2009

On October 28, 2009, President Obama signed into law a Defense Department Fiscal Year 2010 authorization bill that expands the Family and Medical Leave Act’s (FMLA) requirements with respect to “qualifying exigency leave” for family of military members and “military caregiver leave.” Specifically, qualifying exigency leave now applies to employees who have family members on active duty military service in a foreign country, and military caregiver leave applies to family members of veterans, not just active duty service members. Although the law does not specify an effective date, it appears to take effect immediately.

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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The Effects of Blogging on Legal Proceedings

New York Law Journal

May 12, 2009

Richard Raysman- New York

The ubiquity of Web 2.0 has hit the jury box. An increasing amount of jurors have started blogging about judicial proceedings and revealing biases on social networking sites such as Facebook and Twitter. Public displays of prejudice can tamper with the trial process and threaten the ideal of the impartial arbiter. Mr. Raysman and Mr. Brown advise attorneys and judges to take the same precautions in conveying personal opinions on the internet. To view the full article, please click on the link below.

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