MassPoint Named “Corporate Law Firm of the Year” USA in Finance Monthly Global Awards 2017

MassPoint Legal and Strategy Advisory PLLC Named “Corporate Law Firm of the Year” United States in Finance Monthly Global Awards   MassPoint Legal and Strategy Advisory PLLC (“MassPoint PLLC“), a boutique Washington. D.C. law and strategy firm, was named  2017 Finance Monthly’s Global Awards “Corporate Law Firm of the Year” for the United States. About…

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Texas Supreme Court Clears Way for Non-Texas Lawyers to Help Hurricane Harvey Victims

The Supreme Court of Texas has issued an emergency order allowing for lawyers not licensed in Texas to temporarily practice in that State for up to six months from August 29, 2017, the date of the emergency order. The order permits out-of-state lawyers to practice in Texas in two circumstances, one of them being to…

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House Bill Would Enhance U.S. States’ Iran Sanctions Authority

On July 26, 2017, a bill was introduced in the House that would bolster U.S. states’ authority to impose sanctions on parties that engage in certain business with or in Iran. The State Sanctions Against Iranian Terrorism Act, H.R. 3425, would “amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to secure the authority…

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House Bill Would Establish National Strategy for Combating Terrorism Financing

On July 20, 2017, Representative Ted Budd (R-NC) introduced in the House of Representatives H.R. 3321, the “National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act.” The purpose of H.R. 3321 is to “require the establishment of a national strategy for combating the financing of terrorism and related financial crimes, and for other purposes.” As summarized by…

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Maryland Banking Regulation: Commercial Bank Directors State Residency

Commercial banks in Maryland will soon have an added degree of latitude in selecting their directors. On April 18, 2017, Governor Hogan approved Maryland Senate Bill 206, Financial Institutions – Qualifications of Directors of Commercial Banks – Residency (the “Amendment”). The Amendment, which repeals and reenacts, with amendments, Section 3-403 of the Maryland Code, Financial Institutions Article,…

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Abu Dhabi Global Market to Offer Foundation Vehicle

Abu Dhabi Global Market to Offer Foundation Vehicle, Public Consultation Open Through July 5, 2017 June 1, 2017 Ι Download Update Ι Author: Hdeel Abdelhady Proposed Foundation Regime and Public Consultation Abu Dhabi Global Market (ADGM), the international financial center and free zone located on Al Maryah Island in the UAE capital Abu Dhabi, yesterday opened a…
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U.S. Senators Raise National Security Concerns About Foreign Investment in U.S. Real Estate

U.S. Senators Ask GAO to Assess CFIUS' Approach to Foreign Investment in U.S. Real Estate Senators Seek Review of CFIUS' Capacity and Approach to "Full Range of National Security Issues" Posed by Foreign Investment in U.S. Real Estate On May 17, 2017, U.S. Senators Ron Wyden (D-OR), Claire McCaskill (D-MO), and Sherrod Brown (D-OH)—respectively ranking…
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China’s One Belt One Road Could Disrupt U.S. Legal Dominance

How China's One Belt One Road Will Open Trade Routes and Raise Barriers to U.S. Law Source: The Economist On May 14, 2017, President Xi Jinping of China outlined plans to fund China's One Belt, One Road (OBOR) initiative. If successful, OBOR would alter the global trade landscape and, secondarily, likely curtail the global reach of…
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