This program will identify key areas of action to respond effectively to downsizing or resignation.– What To Expect
– Negotiating Benefits
– Managing Employee Accounts
– Legislative Impacts on Post-Employment Benefits
– Launching Your Next Career Move

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In this difficult and uncertain time of economic crisis, businesses across the country and in virtually every industry are confronting serious strategic and operational challenges. Increasingly, employers must make myriad, tough decisions on an array of critical personnel matters. From downsizing and benefit reductions to protecting intellectual property, the issues facing employers in the current economic downturn are complex and fraught with legal peril. Clearly, this is not the time to unwittingly invite potentially costly and time-consuming litigation. Indeed, it is more important than ever for employers to have the legal information and practical guidance required to make the right decisions in the right way. In this special EBG briefing, we target the key issues ignited by today’s new economic realities, including layoffs and reductions-in-force, cost-cutting measures and protecting proprietary and confidential information. Our experts provide specific suggestions for minimizing the legal risks inherent in making the hard decisions that your company currently faces or may soon confront.

Speakers:
Peter Altieri, Member of the Firm, Litigation and Labor and Employment Practice, Epstein Becker & Green, P.C.

John Kosciusko, Vice President, Sales and Marketing, New York Region Employee Benefits Division, Sumitomo Life Insurance Agency America, Inc.

William Milani, Member of the Firm, Labor and Employment Practice, Epstein Becker & Green, P.C. Presenter & Moderator:
Michael Levine, Member of the Firm; Head of CSR/Sustainability Practice, Epstein Becker & Green P.C.

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CWN members, their guests and non-members are invited to join the London Business School and the Aditya Birla India Centre for an evening on India today.

Talking about their new books Imagining India and India’s Global Powerhouses, Infosys Co-Chairman Nandan Nilekani and LBS Professor Nirmalya Kumar will join a panel discussion hosted by LBS Dean Robin Buchanan.

To register for this free event please go to https://forms.london.edu/form.asp?id=11321.

Endowments exist to provide sustainable and reliable support to the organizations they fuel. Universities largely see their missions as producing capable citizens who are prepared and proactive in stewarding sustained human and economic development.

Jack Meyer, former president of Harvard Management Company and current chairman of Asian University for Women’s Support Foundation Board of Directors, will share his experiences from Harvard and with AUW, highlighting how investment skills can play an important role in public service.

If you have any questions about this event, please contact asiapacific@100womeninhedgefunds.org

Due to globalization Transfer Pricing is becoming more important and complex by the minute. The more cross-border transactions have been made within international corporations the more strategic planning and fast reactions are needed. Corporations are facing company audits by different national fiscal authorities, which increases the risk of double taxation. The credit crunch and the current financial situation have produced challenges of how to deal with capital loss instead of gain.

Join our 3rd international transfer pricing conference and

Hear about recent OECD and EU discussion drafts relating to Business Restructuring, Permanent Establishments and Transactional Profit Methods
Discuss the new transfer pricing regulations in China and find out how they will influence your business
Learn about dealing with royalties on an international level and how to set and negotiate rates
Manage tax audits internationally and on multiple fronts by handling transfer pricing systems effectively
Handling Business Restructurings in Asia and Eastern Europe – special focus: contract manufacturing and marketing companies
This international congress is developed for Directors, Heads of Department and Project Managers in the areas of Tax, Tax Planning, Transfer Pricing, Finance and Corporate Controlling.

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Increased environmental consciousness and a heightened attention to the bottom line are driving a new green movement among law firms and other businesses. Our panelists will discuss ways in which businesses are assessing and reducing energy and resource consumption in their offices and saving money in the process. The program will be targeted to lawyers, business professionals, office and facilities managers and others who are concerned about these issues.Moderator:
EDNA SUSSMAN, SussmanADR LLC
Speakers:
BILL BLACKBURN, William Blackburn Consulting, Ltd.; JENNIFER HOGAN, Arnold & Porter LLP; SUSAN LoPICCOLO, Pfizer Global Engineering; FRANK NAPOLI, Con Edison Solutions; DAN PETERS, IBM Global Energy Conservation Process Integration; JOHN ROUSAKIS, O’Melveny & Myers LLP; BRUCE THORPE, WSP Environment & Energy LLC

Co-sponsored by:
U.S. Green Building Council, NYC Chapter

To register, please contact Judith Wallace at wallace@clm.com.

martin.jpgContributed by Martin Mitchell of the Corporate Training Group

In case you were too busy to have kept up with all the news, contributor Martin Mitchell has gathered some important market events from last week to help you start this week well informed:

Mergers and Acquisitions

  • The auction of the scandal-hit Indian company Satyam Computer Services was won by Tech Mahindra. The bid will involve Tech Mahindra paying Rs29bn ($585m) for 51% and is considered risky because of the uncertain financial situation at Satyam after its former chairman admitted to fixing the books, plus class action suits from disgruntled US investors in Satyam’s ADRs. Tech Mahindra is planning to use a mix of cash, debentures, bonds and bank debt to fund the acquisition.
  • Rio Tinto’s $19.5bn fundraising from Chinalco saw disgruntled shareholders questioning the board at the AGM. The deal involves Rio selling stakes in a number of assets to the Chinese group, plus a bond paying a 9% coupon that is convertible into equity. The shareholders are concerned that the stake sales amount to selling the ‘company silver’ and that they would like to have been offered to participate in the bond issue. The Chairman told them that he hoped to be able to ‘offer something that pleases everyone’.
  • Japan’s NEC Electronics and Renesas Technology are in talks about a merger that would create the world’s third largest chipmaker by sales. NEC Electronics is a listed company 65% owned by its parent NEC, Renesas is a joint venture that is 55% owned by Hitachi and 45% owned by Mitsubishi Electric.
  • Zurich Financial Services is purchasing AIG’s Personal Auto Group for $1.9bn. Personal Auto is a US business that deals in car, motorcycle and commercial vehicle insurance. The deal will contribute to AIG repaying the $100bn received in federal aid.
  • HSBC and Standard Chartered are among those talking to Royal Bank of Scotland about buying its Asian assets. The assets embrace 170 branches employing 7,000 staff and could be worth £500m to £1bn. Morgan Stanley is leading the sale process for RBS.

Read more

Times have changed for Canada’s pension leaders.

In our 2008 pensions survey, most pension managers felt they had put their major funding issues behind them, and were anticipating plan surpluses that would address many of their remaining challenges. What a difference a year makes! Once again pension funding has moved to the top of the corporate agenda, and CFOs and other senior executives have renewed concern about this issue and its impact on their organizations’ long-term outlook. Learn how leading organizations are responding to the current crisis.Benefit from the insights of Canadian and international experts, and learn how they’re dealing with the current funding crisis, and participate in the discussion of longer term strategies you’ll need once the immediate crisis abates.

Learn about upcoming regulatory changes and their impact. Provincial and federal changes may have a huge impact on the near-term outlook for your pension and, combined with the business and financial environment, may necessitate a complete reassessment of your long-term pension strategy. Meet the regulators, discuss the issues with your peers, and refine your long-term perspective.

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An opportunity for businesses to increase their positive impact on society through their work with the community. At this event businesses and community organisations will have a unique opportunity to meet face-to-face, forge working partnerships and build mutually beneficial relationships.

Power of Partnership is an annual event which inspires, challenges and supports business in continually improving its impact on society. This year the event will illustrate how businesses have brokered successful partnerships with communities in the region through Cares, ProHelp and Business Action on Homelessness. There will be the opportunity for businesses to learn how they can become involved in one of these programmes as well as increase the impact they are already having.Power of Partnership will incorporate workshops and individual surgeries and is open to both businesses and community groups.

For further information, or to reserve your place, please email Carola Vorlop or Marie Smith or call on 0117 972 2111.

The Commercial and Federal Litigation Section and the Committee on Continuing Legal Education of the New York State Bar Association are pleased to present the 10th annual Introductory Lessons on Ethics and Civility CLE Program.

Designed for all practicing attorneys regardless of their level of expertise, the seminar features a combination of lectures and a colloquium on ethics and civility. Ethical issues faced by attorneys will be explored through a discussion of real-world case scenarios. Panelists include judges, ethics experts and experienced practitioners.
This program includes an overview of the new New York Rules of Professional Conduct. Conflicts of interest and law firm civility issues will also be discussed.

4.0 MCLE CREDITS

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