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Bruno Fagali; A passionate attorney with a soft heart for social issues

Attorneys help people navigate the complicated field of law. Every country has a set of rules that manage virtually all aspects of human interaction. Therefore, attorneys play a crucial role in providing advice on running businesses, dispute resolution as well as protection of property. Brazil has one of the most competitive legal fields in the world with a diversity of interests and legal minds. Such a situation is expected for a country with the fifth-largest population in the world.

The industry, thus, requires highly skilled and talented legal practitioners. One name that fits this description is that of Bruno Fagali . He joined the industry in 2006 and has gradually become one of the best legal minds in the country. Bruno has worked with numerous law firms in Brazil. The experiences combined with passion have sharpened his intellect in the field.

Bruno has immense experience in the areas of Urban Law, Regulatory Law, Compliance, Ethics, and Administrative Law. He is therefore known to represent clients from different walks of life or economic backgrounds. His dedication has enabled him to offer customized services based on the legal issue at hand.

He also publishes and comments on various legal topics from different parts of the world. It is a platform that has helped him reach millions of people and simplify complicated policy and legal issues. For instance, he published an article on the ruling by a French court, which directed magazines to indicate that the photos of models in the publications have been retouched. He opines that magazines have played a role in increased anorexia and self-esteem issues especially on teenagers who try to imitate models on magazines.

Bruno Fagali said that Brazil has a similar law. He believes that this law will help increase awareness among readers that some of the photos are not real. It will also be essential in stemming problems arising from imitating models through unsuitable weight loss methods.

About Bruno Fagali

A good education backs Bruno’s achievements. He pursued a Bachelor’s degree in Law from Pontifical Catholic University and a Master’s Degree in State Law from the University of Sao Paolo. Bruno Fagali founded legal firm known as Fagali Law Firm. The firm is gaining prominence very fast.

For More info: www.bv.fapesp.br/pt/pesquisador/21548/adriano-fagali-de-souza/

Michael Hagele Always Puts His Clients’ Best Interests At The Top Of His List Of Priorities

Michael Hagele works with a spread of tech companies as their senior outside counsel, and he brings years of experience with him as a negotiator, someone who can license and distribute as well as develop agreements, and a person who can work with telecommunications and software and hardware companies. He is also knowledgeable when it comes to commercial agreements; especially the kinds that technology companies get into that work to improve their marketing and promotional efforts. Before today, Hagele was a general counsel member for various venture capital backed Internet companies. His duties at that time included managing legal aspects of dealing with corporate governance, issues surrounding employees and employment practices, intellectual property affairs, stock option plans, and anything related to purchasing or the acquisition of other companies. Follow Michael Hagele at tumblr.com

Michael Hagele earned his Bachelor of Arts Degree while attending the University of Iowa, and he received his Juris Doctor while studying at the University of California at Berkeley. He believes that his ability to always put the customer first is one of his best attributes an an entrepreneur. He feels that this is especially true with his role as an attorney, because the entire business or life of your client depends on your knowledge, experience, and drive to do the best you can for them. While this may put a lot of undue pressure on a person, Michael Hagele has found that it also imbues him with a sense of purpose in his life. He knows a lot of his success has to do with the fact that he is always putting the best interests of his client on the top of his list.

Michael Hagele has commented that his typical day begins with him handling the regular daily matters that come up with each of his tech clients. He usually takes a break in the middle of his day where he enjoys a bike ride; either on the open road or in the mountains. He has found that it is during these bike rides that he receives a lot of his inspiration or ideas for how to best help his clients. He plans on continuing to be the best he can be for the people who count on him the most.

Learn more: https://www.crunchbase.com/person/michael-hagele

 

Karl Heideck’s Perspective on Philadelphia’s Lawsuit Against Wells Fargo

According to media reports, the State of Philadelphia has instigated a legal suit against Wells Fargo. The State alleges that the San Francisco based bank was in violation of the 1968 Fair Housing Act. It is said that the bank has applied predatory lending practices that are exorbitant to the minority mortgage borrowers. Of course, the bank denies the allegations are terming them absurd and unsubstantiated. It says that its practices are fair and are in line with the Fair Housing Act. Mr. Karl Heideck, a Philadelphia-based attorney, puts the case into perspective and explains the impact of the case.

The case which was filed for the Eastern District of Pennsylvania’s U.S District Court on the 15th of May 2017 alleges that the bank put Hispanic and Black borrowers into riskier loans characterized by higher interest rates despite them qualifying for lower risk and lower interest mortgages. The State also alleges that the bank applied discriminatory lending tactics making it difficult for these set of borrowers in refinancing their mortgages. This forces most of the borrowers into foreclosure as compared to their white borrowers.

It is also alleged that the bank’s actions led to the blight of the minority due to the increased levels of foreclosure resulting from the failure of the borrowers to refinance these riskier loans. The complainant, Philadelphia says that there is 4.7 times likelihood for families in minority neighborhoods to be foreclosed as compared to those in predominantly white neighborhoods. The city is demanding for unspecified monetary damages as well as injunctions against Wells Fargo to stop it from applying such discriminatory lending practices.

Philadelphia is America’s 5th largest city with a population of 1.57 million people. It also has the largest minority population comprising of 42% blacks and 12% Hispanics as per the 2010 U.S Census. According to the bank, lending practices towards the minority hurts the city as many of the borrowers later apply for other loans to refinance their mortgages. But the state says that the lending practices hurt the city as it leads to lower property values.

The alleged practices by Wells Fargo are known as redlining. The practice dates back to 1930s when banks drew red lines around neighborhoods inhabited by people the banks don’t want to lend to. However, these practices are unconstitutional if they are applied due to the borrowers’ race or where they lived. It is also illegal whenever done due to impermissible purposes. On the other hand, the practice can be legal if done for neighborhoods which do not attain certain lending criteria and standards.

About Karl Heideck

Karl Heideck is a famous Philadelphia-based attorney who specializes in complex commercial litigations focusing in liquidity, acquisitions, risk management and contract drafting. He is a 2009 Juris Doctor graduate of Temple University’s Beasley Law School. Mr. Karl Heideck also has a Bachelor’s degree in English Literature from Swarthmore College. For more info about us: https://www.lawyer.com/karl-heideck.html click here.

Over his career, he has successfully handled several high-end litigations. Karl offers his clients the best advice and legal representation in different areas of commercial law.

Leite, Tosto e Barros Scoops Award for the Best Office in Brazil

Leite, Tosto e Barros was announced as the ILO Client Choice 2013 winner. This prize is granted by the International Law Office (ILO) from a survey conducted on over two thousand respondents. The award ceremony took place in the city of London and members of Leite, Tosto e Barros law firm.

In 2005, this award was created with the aim of recognizing law firms based around the world for their services that make them stand out from the rest. The award criteria focus on the ability of the law firm to add more value to the client’s business. The law firm views the award as more than just a prize but an international recognition of the law firm’s dedication towards customer success.

About Ricardo Tosto de Oliveira Carvalho
Ricardo Tosto is one of the founding members of the Leite, Tosto e Barros Advogados firm. Ricardo has dedicated more than 22 years of his life to practicing business law and he specializes in commercial and civil litigation, M&A, administrative law, credit recovery, bankruptcy reorganization, corporate restructuring, banking contracts, electoral law and international law. Mr. Tosto graduated from the Universidade Presbiterania Mackenzie before proceeding with his post graduate studies at FAAP in Business Administration. He has worked as a HR and of Grupo Rede Brazilian company. He has also held the position of director of the Fundacao Rede de Previdencia Privada Brazilian company.

Ricardo Tosto has been recognized by the Who’s Who Legal when he was nominated as one of the best Brazilian attorneys in commercial litigation. His legal practice has also been recognized by Brazilian legal publication Analise 500 and Legal 500. He previously held the position of the president of the Judicial Reform Committee and Judicial Modernization Committee of the Brazilian Bar Association (Sao Paulo section). He is a member of the Board of Directors (Study Center for Attorney Partnerships (CESA)), International Bar Association, IMD steering committee (Institute for Management Development – Lausane, Switzerland). He is a political and legal noted writer, published a number of articles in specialized magazines and newspapers and gives lectures. Ricardo is a co-author of a Brazilian book titled O Processo de Tiradentes.

Lawyer Geoffrey Cone’s Response to Media Coverage on New Zealand’s Foreign Trusts

Going by the media features on New Zealand’s foreign trust, one would be forgiven to presume that the country is a tax haven. The media reports painted the picture of an environment characterized by exotic lands, and prosperous people with questionable financial deals. However, Lawyer Geoffrey Cone opines that such a view is misguiding since the actual scenario is slightly mundane.

 

New Zealand does not fit the description of a tax haven

 

According to Geoffrey, New Zealand has never and is unlikely to feature on the OECD list of tax havens. The country simply lacks the characteristics of a tax haven, such as lack of transparency, an existence of unusually secretive private banking industry, the presence of laws and procedures that inhibit sharing of information with other governments, as well as the complete absence or existence of just nominal taxes.

 

The first Names on the OECD White List

 

New Zealand was among the first nations to make it to the OECD’s white list, thanks to the country’s extraordinary efforts of implementing domestic tax laws that correlate to the 2002 OECD Model on Exchange of Information on Tax Matters. The internationally agreed tax standards ensure tax transparency on foreign trust and that there is appropriate information sharing between governments.

 

Strict trustee requirements

 

In 2006, Michael Cullen, the then Revenue Minister introduced new trustee rules, to enhance transparency. For instance, a New Zealand resident holding a foreign trust must submit a copy of the Foreign Trust Disclosure form (IR607) to the New Zealand IRD. Also, he or she must keep financial records, the trust deed, settlement and distribution details, the assets and liabilities, the recipient’s information, as well as sums which the trustee receives or spends. If he or she fails to avail any of the above, they attract severe penalties.

 

Existence of numerous tax agreements

 

New Zealand has in place at least thirty-nine double tax agreements aimed at reducing tax impediments to cross-border trading and investing. It also has more than twenty tax information exchange agreements between countries, for preventing tax avoidance and evasion. Lastly, the nation just recently enrolled for a multilateral Convention on Mutual Administrative Assistance in Tax Matters.

 

Why then the many foreign trusts in the country?

 

Many investors world over recognize New Zealand as a safe and stable environment, that has high-quality jurisdictions, characterized by good laws, efficient judiciary system, as well as decent and professional players. As a result, many people opt to invest in the country. It is worth noting, however, that the foreign trust is primarily for succession planning and not tax planning.

 

Evidently, as Geoffrey Cone rightfully puts it, “these are not the characteristics of a tax haven.”

Geoffrey or Geoff Cone is an International Tax and Trust Attorney based in Auckland New Zealand. He is a Senior partner at the Cone Marshall law firm, and he specializes in Wealth planning among global families across Latin America, Spain, and Italy.