News

The COVID-19 pandemic has pushed thinly financed businesses into bankruptcy, often with very little warning to creditors. There is expected to be a corresponding increase in lawsuits filed by trustees (or debtors in possession) to “claw back” prebankruptcy payments made to creditors. On August 10, 2020, bankruptcy partner Alec Ostrow will join other notable bankruptcy practitioners to discuss the situation during a webinar presented by the New York State Bar Association, with an emphasis on possible defenses to preferential transfer actions, the role mediation and expert testimony can play, and recent relevant changes to the Bankruptcy Code.

The Firm won a breach of contract case for the Delaware holding company of a Brazilian telecommunications company when the New York court found the defendant liable for failing to make a multimillion-dollar investment. The case was slated for a damages trial.

Addressing the complex business challenges created by the COVID-19 crisis requires companies to navigate the evolving regulations and guidance promulgated across the federal, state, and local levels. On July 8, 2020, Susanne von Türk, a member of the Board of Directors of the German-American Chamber of Commerce, participated in a virtual program that addressed those issues, including potential legal liability and how to manage risks.

The slowdown in physical expansion by European companies into the United States owing to COVID-19 has increased interest in agency arrangements as a way to enter the U.S. market or expand an existing presence. On July 8, 2020, Eric Kuhn, who regularly advises Italian and other European companies on their U.S. activities, participated in an Italian-language virtual roundtable on international agency agreements organized by the Treviso-Belluno Chamber of Commerce.

In their second virtual trial scheduled for this summer, Becker Glynn’s trial lawyers will appear in New York Supreme Court to press the claims of a Brazilian telecommunications company against an investor who failed to make a $7 million payment for shares of the company.

Becker Glynn’s litigators are scheduled to start a three week virtual trial in federal district court in Boston in July.  In one of the earliest federal trials of its kind, counsel will appear remotely using the Zoom platform hosted by the district court.  Witnesses will be questioned and exhibits introduced though the remote platform. 

Becker Glynn is proud to announce that David Tobon has joined the Firm as a partner, along with Justin Marques and Lea Udler as associates, and Aline Klaus Recktenwald as a foreign associate. Originally from Colombia, and fluent in Spanish and Portuguese, David has a vibrant private client and international tax planning practice that focuses on Latin America and Brazil, in particular.

With many in Europe watching the New York trial of Harvey Weinstein, ARD German Radio & TV, the largest public broadcasting network in Europe, reached out to Zeb Landsman for some insight about juries.  Over the course of the interview, Mr. Landsman provided the German audience with information about the U.S. jury system and the process of jury deliberations under U.S. law.

Susanne von Türk co-authored the annual report on the US labor market and employment law, entitled “Lohn-und-Lohnnebenkosten - USA.”  The report is published by Germany Trade & Invest  (generally known as GTAI),  the economic development agency of the Federal Republic of Germany.

Alec P. Ostrow has been endorsed by Marquis Who's Who as a leader in the law industry.

The September 2019 issue of the IPBA Journal published the attached article called “Foreign Securities Brokers Doing Business in the United States” by Kenneth J. Stuart.

On October 16, 2019, Zeb Landsman will moderate a panel focused on “What Keeps In-House Lawyers up at Night” with in-house lawyers from Molson Coors, Duke Energy Corp., Ernst & Young LLP, and Holcim (US) Inc. The panel is part of Northwestern Law School’s prestigious Contemporary Issues in Complex Litigation.

Becker Glynn hosted a breakfast briefing organized by the American Council on Germany with the Mayor of the City of Dortmund, Ullrich Sierau. The Mayor spoke on the topic of “Structural Change and Rising Populism: How Cities Manage These Trends.”

The Firm serves as litigation counsel to AcBel Polytech, Inc., a Taiwanese semiconductor manufacturer, in its federal lawsuit against Fairchild Semiconductor Corp.  The case involves allegedly defective voltage regulators sold to AcBel by Fairchild’s Asian subsidiaries. 

The Firm has continued to serve over the past year as counsel to International Finance Corporation (IFC) in connection with IFC’s programs to mobilize additional funds via the sale of unfunded risk participations in IFC’s loans made with IFC’s own funds (“A Loans”)…

Kenneth Stuart was co-moderator and one of the six panelists in a program on Crowdfunding and Initial Coin Offerings at the 29th Annual Meeting of the Inter-Pacific Bar Association on April 25, 2019 in Singapore.

The Firm served as international transaction counsel to International Finance Corporation (IFC) in connection with a loan for up to $450 million to Telecom Argentina, one of the leading telecommunications companies in Argentina.

The Firm served as counsel to LimaCorporate SpA, a leading manufacturer of orthopedic implants, in the Lima group’s establishment of a 3D printing manufacturing facility on the campus of the Hospital for Special Surgery (HSS) in New York.

Patrick O’Brien and Matias Sueldo represented DEG and PROPARCO, two of our European Development Finance Institution clients, in a $70,000,000 financing of Produbanco in Ecuador. Produbanco is the 3rd largest player in Ecuador’s banking sector, and a member of the Promerica banking group (based in Panama and present in 9 Latin American countries).

Patrick O’Brien and Andres Sardi Garcia represented International Finance Corporation (IFC) and Inter-American Investment Corporation (IDB Invest) in connection with a $100 million secured credit facility to San Miguel, the largest citrus exporter in the Southern Hemisphere and one of the most important fruit exporters of Latin America and the Caribbean.