Constitutional Crisis: Catalonia flouting rule of law unnerves Barcelona business crowd

(AFP photo: View over Barcelona)

(Bloomberg) Felix Revuelta has had enough of Catalan politics.

After running his nutritional products company Naturhouse Health SAU from Barcelona for at least 25 years, Revuelta last month moved the firm’s headquarters to Madrid. The Naturhouse chairman was concerned about an unconstitutional referendum on independence that separatists plan to hold on October 1, disregarding rulings of the Spanish courts.

People do not to like to invest in places where there are problems

“Business needs legal security,” Revuelta said in an interview. “Tension has been growing within Catalan society and between Catalan society and the rest of the country.”

Naturhouse is not the only company alarmed at developments in Spain’s biggest regional economy. Some U.S. firms who based their Spanish operations in Barcelona have prepared plans that would allow them to withdraw from Catalonia overnight if it secedes, said Jaime Malet, Chairman of the American Chamber of Commerce in Spain.

“People do not to like to invest in places where there are problems,” he said by phone.

Constitutional Crisis

Catalonia’s campaign to break away from Spain has become a constitutional crisis as Spanish Prime Minister Mariano Rajoy uses the full force of the law to try to stop the illegal vote. After Catalan President Carles Puigdemont passed his referendum bill last week, Spanish prosecutors filed criminal charges against the separatist leaders and ordered their officials in the region to question any local mayors helping to organize the ballot.

The legislation, which has been suspended by Spain’s Constitutional
Court, would allow the assembly to declare independence within 48 hours
of a “yes” vote with no minimum turnout needed to make the result
binding.

Felix Revuelta, head of Naturhouse

Felix Revuelta, head of Naturhouse
Photo: AFP

Malet said his personal view is that Rajoy has enough legal weaponry to ensure Catalonia’s bid for independence goes nowhere. Opinion polls also show support for secession has been falling over the last four years as the economic recovery draws moderate voters away from the cause. Even so it makes sense for company boards to have the paperwork in place so that they can move within 24 hours if necessary, said Malet.

Jaime Guardiola, CEO of Banco Sabadell SA, based near Barcelona, said that although he’s seen few companies following Naturhouse’s lead so far it would make sense for executives to be preparing contingency plans, according to a report by Efe. Economy Minister Luis de Guindos, however, played down the risk.

“There haven’t been any significant moves,” de Guindos said Wednesday in televised comments, adding that it would be “irrational” to think secession could happen.

Market Flutters

So far investors have taken a relatively sanguine attitude to the risk of a split. Though the spread that investors charge to hold 10-year Spanish debt instead of German bonds has widened by 24 basis points to 118 since the start of August, that’s still in line with its average for the year.

Even so, Moody’s Investors Service said in a September 11 report that the recent escalation in tensions was negative for credit even though it also expects the region to remain part of Spain.

“Markets until recently have refused to consider Catalonia risk,” said Lorenzo Bernaldo de Quiros, president of Freemarket Corporate Intelligence, a Madrid-based consulting firm. “But investors who don’t factor that in are going to find themselves exposed.”

Revuelta said one of the reasons he decided to move Naturhouse’s head office to Madrid was his concern about the legal instability that a disputed secession would trigger. He said the company already directions most operations from Madrid and that is where the board meets.

This situation has already lasted so long

The company has sales of almost 100 million euros a year and runs 2,400 stores in 33 countries. The first Naturhouse store opened in Spain’s Basque region in 1992.

Even if the consensus is right and the separatists are heading down a dead end, the confusion that their campaign has generated is already adding a headache for international companies like Volkswagen AG, Procter & Gamble Co. and DowDuPont Inc. with operations in the region. Just getting head office to understand what is happening is getting harder and harder.

“This situation has already lasted so long,” said Malet. “It’s a major challenge to explain to American investors and investors in other countries what is actually going on.”

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Global e-commerce firms to be liable for Turkey tax under draft law: finance minister

ANKARA (Reuters) – Global e-commerce companies will be liable for taxes on goods sold directly to Turkish customers under a draw law proposed by Turkey’s government, Finance Minister Naci Agbal said on Friday.

Agbal also told the state-run Anadolu agency that the budget deficit will be at around 60 billion lira ($17.5 billion) year by the end of the year.

Reporting by Orhan Coskun and Nevzat Devranoglu; Writing by Ezgi Erkoyun; Editing by David Dolan

Our Standards:The Thomson Reuters Trust Principles.

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Bm Mudzuli Attorneys Announce Launch of all New Website for Law Services

Based in Johannesburg South Africa, the MudzuliLaw.co.za law firm has recently launched a new website highlighting their services in criminal, commercial and family law

— Having access to quality legal representation is a growing need in South Africa. While there are currently several thousand lawyers in South Africa, it is seemingly impossible for new clients to find acceptable representation based on client needs and firm service offerings. In addition to finding the right lawyer, many individuals are unsure of which firm to choose because of limited information available online coupled with client uncertainty in the often times ‘un-chartered waters of legal representation’.

In an effort to expand client awareness and the firms boarders in South Africa about available legal services, BM Mudzuli Law has recently launched an all new website.

“Our website is specifically designed to help those in need of criminal, commercial or family law services to find the information and resources they need,” stated company representative Matthew Shaw. “The website is easy to use with simple navigation and helpful service pages. Our goal with the site is to make it easy for those people in need of legal services to find and contact us.”

Originally founded in 2012, BM Mudzuli Attorneys law Firm has been helping and representing clients in the area since then; however, the team made the decision to take their services online to reach even more potential clients. With years of experience, the legal team is able to help with any type of family law, commercial/corporate law and criminal law issue a person may be facing.

“We represent clients from all walks of life,” continued Shaw. “We also understand how difficult it can be to find quality representation for many. This is why our services are now highlighted online. We are dedicated to helping individuals find and utilize the top notch legal services we offer.”

The newly launched website provides an overview of all the services provided by the law firm, as well as a brief history of the lawyers. Those in need of legal services can learn more by visiting the Website at https://mudzulilaw.co.za. This site also provides contact information for the law firm.

ABOUT BM MUDZULI ATTORNEYS

The firm was originally founded in 2012 by Brian Maano Mudzuli after he completed his Articles and a stint of professional practice at a reputable firm in Limpopo. Today, the law firm focuses on personal injury, family, commercial and criminal law services. In addition to having a strong team of lawyers, the law firm also has adequate support staff in place to help ensure that any client requirements are able to be made, regardless of how complex the case may be. The goal of the law firm is to help clients achieve the most desired outcome for their legal situation.

Contact Info:
Name: Matthew Shaw
Organization: Bm Mudzuli Attorneys
Address: Johannesburg, Gauteng 2001
Phone: 073 041 6603

Source URL: https://marketersmedia.com/bm-mudzuli-attorneys-announce-launch-of-all-new-website-for-law-services/239498

For more information, please visit https://mudzulilaw.co.za

Source: MarketersMedia

Release ID: 239498

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RapidFunds® Launches Innovative Financing Option for Law Firms

New product offers contingency fee firms unprecedented flexibility in managing their cash flow

WHITE PLAINS, NEW YORK, UNITED STATES , September 13, 2017 /EINPresswire.com/ — New York, NY, September –, 2017 – RapidFunds® announced today a game-changing financing vehicle for the legal industry. The company will offer a rolling line of credit to law firms allowing them to draw on a traditional line of credit while also taking advantage of post-settlement funding to successfully run their practice. This is a new product in the industry aimed at helping contingent fee attorneys who face unique challenges because of irregular cash flow and limited funding options available in the market.
“We have always sought to be innovators in legal funding,” says Charles Brofman, co-Founder of RapidFunds®. “We were among the first to offer post-settlement funding to law firms and now we continue that tradition with launch of our rolling line of credit option.” The new financing vehicle provides significant benefits over traditional lending. Once a firm draws down its line of credit, traditional lenders require that the firm use 30-40% of their legal fees to pay down the line of credit and prohibits the firm from drawing on that money for 3 to 6 months. If the firm needs to pay expenses in the meantime, it has few options because it won’t be able to obtain post-settlement funding due to the bank’s lien for the line of credit.
RapidFunds® new product solves this problem. It provides law firms with both a line of credit and access to post-settlement funding of a case when needed to meet the firm’s cash flow needs. If firms have used their line of credit, but still need more cash, they can roll over funds from their line of credit to their post-settlement funding and receive additional capital on their post settlement funding request, in order to further maximize their settled cases. “Our goal is to give law firms the flexibility they need in their business so they can continue to do what they do best – practice law,” explains Mr. Brofman. “Our firm was founded by litigators. We understand their challenges and want to be their partner in helping them succeed.”
To learn more about RapidFunds® new Rolling Line of Credit, contact Charles Brofman at 914 368 7249 ext 5605.

About RapidFunds®
RapidFunds® was founded in 2004 by attorneys Charles S. Brofman, Esq. and Peter J. Speziale, Esq., as a solution to the cash flow problems contingent fee attorneys face because of frequent delays in receiving settlement proceeds. A pioneer in the legal funding industry, the company has successfully expedited over 3,000 legal fee acceleration transactions nationwide.

Charles Brofman
Rapid Funds
914 368 7249 ext 5605
email us here

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National law firms with Colorado presence merge

National law firms with Colorado presence mergeDENVER — Two major national law firms with presences on the Front Range have announced their merger.

Ballard Spahr and Levine Sullivan Koch & Schulz (LSKS) — a preeminent First Amendment and media law boutique — will merge effective Oct. 1.

The combination will be under the name Ballard Spahr, according to a news release, and brings together two renowned media law practices.

All 25 of LSKS’s lawyers, including its four name partners, will join Ballard Spahr in its Denver, New York, Philadelphia and Washington, D.C., offices — the same locations where LSKS had offices.

“We have made one outstanding addition after another to our Media and Entertainment Law Group—including Practice Leaders David Bodney and Chuck Tobin, who are recognized as among the very best in the business,” said Ballard Spahr Chair Mark Stewart, in a prepared statement. “With the arrival of LSKS, we will have one of the largest practices of its kind in the country. The LSKS lawyers are terrific people whose dedication to this critically important work mirrors ours. It is an exciting development for both firms.”

The LSKS merger is the second to be announced by Ballard Spahr recently. Earlier this month, Ballard Spahr announced it was joining with Minneapolis-based Lindquist & Vennum, which specializes in middle-market M&A and private equity deals. That merger, effective Jan. 1, expands Ballard Spahr’s footprint in the Midwest, with offices in Minneapolis and Sioux Falls, S.D., and expanding its offices in Denver.

Ballard Spahr also has attorneys in Boulder.


 
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Moscow Selecting Law Firm for Lawsuit Over Diplomatic Property Seizure by US

MOSCOW (Sputnik) — Russia is currently deciding on what US law firm will represent Moscow’s interests in court while fighting a case concerning the seizure of Russian diplomatic property in the United States, Russian Deputy Foreign Minister Sergei Ryabkov said Wednesday.

“We are currently dealing with this issue, one of the United States’ large law firms will probably be recruited for these purposes,” Ryabkov said, adding that the entirety of the information about what happened would be transmitted to the chosen firm.

Ryabkov indicated that Moscow was looking for a knowledgeable firm possessing a profound understanding of the US judicial system, legislation, law enforcement practices and precedents that had existed and still existed in this field. Russia hopes that whichever firm is selected will manage to ensure an effective defense of Moscow’s position and a desired outcome in the case, according to the deputy foreign minister.

On Tuesday, Ryabkov said that Moscow would file a lawsuit against the closure of its diplomatic property in the United States within the coming weeks following Russian President Vladimir Putin’s order last week.

On September 2, the United States shut down Russia’s Consulate General in San Francisco and trade missions in New York City and in Washington, DC. US officials said the move came in response to Moscow’s decision in late July to reduce the number of US diplomatic staff in Russia to 455 people, the same number of diplomatic personnel Russia has in the United States.

After Russian diplomats left the diplomatic compounds, US security agents conducted searches inside the buildings. The Russian Foreign Ministry said that the United States’ actions constituted a violation of international law, including the Vienna convention on diplomatic and consular relations.

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Law enforcement agencies outline procedure for Bills games

Law enforcement officials and the Buffalo Bills recently revealed security procedures for the upcoming football season.

Since 2013, the Erie County Sheriff’s Office has been the lead law enforcement agency for New Era Field and the Buffalo Bills. More than two years ago, the Sheriff’s Office increased the number of visible, quick-response patrols in and around the stadium as a response to global events. Those enhancements remain today, with added roles and increased measures.

The Erie County Sheriff’s Office, the Buffalo Bills, local, state and federal law enforcement agencies, and the National Football League continually review and implement effective techniques to combat possible threats, according to a release from the Sheriff’s Office. Fans will continue to see uniformed SWAT team operators, law enforcement canine units, and other specialized sheriff’s personnel on game days, as well as other agency personnel, the release said.

The Sheriff’s Office, in conjunction with the Orchard Park Police Department, the New York State Police, and the Buffalo office of the FBI, prepare for every event at New Era Stadium to ensure guests can focus on the game or event and enjoy the daylong experience, according to the release.

“The Western New York region enjoys a very unique partnership between all levels of law enforcement. Our collaboration and efforts provide excellent security, and we are proud to be part of this group, which allows Bills fans to have a great visit to New Era Field,” said Sheriff Tim Howard. “I know some people are still uncomfortable seeing my SWAT operators and a large police presence, but I won’t apologize for being well-prepared for the citizens of Erie County and the Bills’ fans.”

The Bills still employ private security firms, and there will be undercover security teams roaming the parking lots and inside the stadium assisting with the proactive identification and resolution of potential fan behavior or safety-related issues, the release said.

All fans should be prepared to remove their cellphones, cameras and glasses cases before they get to the front of the line to enter the stadium. Fans do not need to remove their keys, wallets or loose change. Fans are still encouraged to arrive at the gates at least one hour before kickoff, and gates open 90 minutes before kickoff.

The release said the Sheriff’s Office will maintain its commitment to increased patrols in the New Era Field parking lots and traffic posts surrounding the stadium.

Deputies assigned to the Bills parking lots will encourage fans to tailgate responsibly and follow the rules, which include no glass bottles and no binge drinking. Fans can grill food, play catch and have fun cheering on their hometown team, but the sheriff and the Bills ask fans to do so responsibly. Those individuals who are irresponsible or reckless in the parking lots or the stadium are subject to ejection, summons or arrest, the release said.

Howard said if an individual or a group can’t respect their fellow fans and ignore the Fan Code of Conduct, his deputies will take appropriate measures to allow others to enjoy the game.

As the partnership between the Bills and Sheriff’s Office continues, so does the decrease in stadium arrests and ejections, the release said. In 2017, the average number was fewer than three per game, and the number of ejections reportedly continues to decrease.

The Sheriff’s Office and the Bills jointly support the Designated Driver Program and encourage everyone to be responsible and designate someone in the group to be the designated driver.

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Recognized Among Top Firms in Latin America for Fourth Straight Year

(Washington, D.C.) – The Legal 500, in its 2017 edition of The Legal 500 Latin America, has ranked Akin Gump among the world’s top firms for its work in Projects and Energy in Latin America for the fourth consecutive year.

In its profile of the firm, The Legal 500 notes that Akin Gump ‘brings a refreshing approach to legal work’ and is ‘very constructive and creative throughout the process.’ It also spotlights the firm’s representation of Canadian Solar its $400 million development of a 190MW Brazilian solar farm-one of the country’s largest-ever solar projects.

Additionally, the guide recommends Akin Gump global project finance partner Dino Barajas and oil and gas partners Doug Glass and Steve Otillar.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 attorneys in offices throughout the United States, Europe, Asia and the Middle East.

# # #

Akin Gump Strauss Hauer & Feld LLP published this content on 12 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 September 2017 20:18:08 UTC.


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County Board of Commissioners files lawsuit against drug firms, others

Purdue Pharma, Endo Health Solutions, former pharmacists and dozens of defendants in drug-dealing cases are all named as defendants in a lawsuit filed by the Scott County Board of Commissioners on Monday, September 11.

The action requests damages for all of the dollars Scott County has had to spend expanding its jail capacity, finding new facilities for its Health Department and other expenses caused by the illegal use of opioids in the county.

The county is targeting manufacturers of such opioids as Oxycontin, Percocet, oxycodone and hydrocodone. The suit claims manufacturers began a marketing scheme in the 1990s “…to persuade doctors and patients that opioids can and should be used for chronic pain…” Thus was created a larger group of patients “…much more likely to become addicted and suffer other adverse effects from long-term use of opioids.”

Such manufacturers, the lawsuit continued, “…downplayed the serious risk of addiction, promoted the concept of ‘pseudoaddiction,’ exaggerated the effectiveness of screening tools in preventing addiction, claimed that opioid dependence and withdrawal are easily managed, denied the risks of higher opioid dosages and exaggerated the effectiveness of… opioid formulations to prevent abuse and addiction.”

Cited in the over 200 pages of the lawsuit is the statement that Scott County “…is at the forefront of this (opioid) crisis… By 2012, 106 prescriptions for opioids were written for every 100 people in (Indiana).” A total of 33,000 in the United States are said to have died from overdoses in 2016. One in 15 people who take opioids illicitly will try heroin within ten years, the suit stated.

An estimated 2.6% of Americans have injected drugs, compared with 12% of Austin (residents), one source is quoted as stating.

Scott County still remains Indiana’s lowest-ranked county for health outcomes, it also pointed out.

The 2015 HIV/Hepatitis C outbreak in Austin is also mentioned as an alleged result of illicit opioid use. Prescription opioid use “…has not displaced heroin but rather triggered a resurgence in its use…” the lawsuit claimed.

The document stated that plaintiffs are seeking “…damages for the amounts paid in connection with the results of opioid abuse, including but not limited to county law enforcement, EMS, addiction treatment costs and the like.”

Additionally, Scott County is seeking a declaration that manufacturers have “…violated Indiana law, an order requiring manufacturer defendants to cease their unlawful promotion of opioids and correct their misrepresentations and an order requiring…..defendants to abate the public nuisance they have created and knew their actions would create.”

Punitive damages, trebled damages and attorneys’ fees and court costs are also requested as are monies to cover… “additional demands for public services…including costs for addiction treatment and the treatment of babies born addicted to opioids.” The lawsuit continued, requesting “…damages and equitable relief…on behalf of all Scott County citizens who or which have sustained damages or losses as a result of opioid abuse.”

Defendants in a lawsuit have 20 days to respond with their own filings or to request additional time to file answers to the allegations presented.

Lawsuits filed represent only one side of acclaim or claims.

 

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