Featured Publications

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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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.

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Please direct media inquiries regarding Holland & Knight to one of the following Media Relations Contacts:

Aimee Steel

Phone 202.828.1895
Email aimee.steel@hklaw.com

Kate Barth

Phone 813.769.4335
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Olivia Martinez

Phone 305.349.2255
Email olivia.martinez@hklaw.com

Karen McBride

Phone 813.769.4344
Email karen.mcbride@hklaw.com

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In The Headlines

Judge Rules In-House Chief Patent Counsel Is Protected by Age Bias Law
 
Michael Starr- New York

Labor and Employment Practice Group Partner Michael Starr was quoted in the September 3 ABA Journal article titled, "Judge Rules In-House Chief Patent Counsel Is Protected by Age Bias Law."

The article discusses the Aug. 27 case of Robert Raymond, chief patent counsel and vice president for intellectual property at Boehringer Ingelheim Pharmaceuticals. U.S. District Judge Vanessa Bryant of Connecticut ruled that Raymond's forced retirement violated the law barring age discrimination because he did not qualify as an executive who is exempted from protection. To read the full article, please click the link below.

READ: Judge Rules In-House Chief Patent Counsel Is Protected by Age Bias Law

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