Firm News | November 1, 2021
Premier boutique law firm Kleinberg Kaplan has been recognized in the 2025 edition of Best Law Firms® for providing outstanding legal counsel in four practice areas: Trusts & Estates, Private Funds / Hedge Funds Law, Commercial Litigation, and Tax. Kleinberg Kaplan was named a Tier 1 law firm for Trusts & Estates at both the…
Firm News | November 19, 2024 | Estate Planning and Administration | Hedge Funds | Commercial and Corporate Litigation | High Net Worth Individual Planning | Tax Controversy
We are pleased to announce that 17 of the firm’s attorneys were selected for inclusion in the 2024 edition of Super Lawyers®, a national legal ranking. Attorneys were nominated by their peers and recognized for their outstanding professional achievement in several legal practice areas, including business litigation, estate & probate, mergers & acquisitions, real estate, securities…
Firm News | October 31, 2024
The IRS recently released Revenue Procedure 2024-40, which announced 2025 annual inflation adjustments for various tax provisions. Effective January 1, 2025, the estate and gift tax basic exclusion amount and the generation skipping transfer (“GST”) tax exemption are scheduled to increase from $13,610,000 to $13,990,000. This is an increase of $380,000 per person or $760,000…
Client Alerts | October 25, 2024 | Estate Planning and Administration
Real Estate Partner Chris Terry recently moderated a panel discussion titled “Distressed Financing, Maturing Loans & Workouts: Navigating the Challenging Capital Markets” at the National Commercial Real Estate Finance Conference. The panel addressed important issues in the commercial real estate market, including distressed financing, maturing loans, workouts, and the impact of rising interest rates. Hosted…
Firm News | October 2, 2024 | Distressed Real Estate Assets | Financing | Real Estate Funds
The 34rd edition of IFLR1000 named Kleinberg Kaplan among the leading U.S. law firms providing exceptional service across 170 national jurisdictions for Hedge Funds, M&A, and Private Equity. Ranked as a Tier 3 law firm for Investment Funds: Hedge Funds in the United States and as a Notable Law Firm for its M&A and Private Equity practices,…
Firm News | August 29, 2024 | Hedge Funds | Mergers & Acquisitions | Private Equity Funds
FTC Noncompete Ban Blocked On August 20, 2024, the U.S. District Court for the Northern District of Texas struck down the Federal Trade Commission’s (FTC) rule imposing a near-total nationwide ban on noncompete clauses set to go into effect on September 4, 2024 (the “Effective Date”). The Court set aside the rule and nullified its…
Client Alerts | August 27, 2024 | Employment Litigation | Risk Management
Premier boutique law firm Kleinberg Kaplan has been recognized by Best Lawyers®. Seven attorneys from the firm were listed in the 31st edition of The Best Lawyers in America,® and in the fifth edition of the Best Lawyers: Ones to Watch® in America. The Best Lawyers in America® 2025 Philip Gross (Tax Law) Jeffrey B. Kolodny (Trusts & Estates) James R. Ledley (Trusts &…
Firm News | August 15, 2024
Fund managers may be required to file Treasury International Capital (“TIC”) Form SHL, Report of Foreign-Residents’ Holdings of U.S. Securities, Including Selected Money Market Instruments (SHL (2024)) by August 30, 2024, based on the fair value (determined as of June 28, 2024) of certain U.S. securities issued to foreign persons. This client alert focuses on…
Client Alerts | August 7, 2024 | Hedge Funds | Private Equity Funds
The U.S. Department of Labor (the “DOL”) recently amended the qualified professional asset manager (“QPAM”) exemption. The QPAM exemption is commonly relied on by fund managers that manage “plan assets” either through separately managed accounts or funds that exceed the 25% benefit plan investor test. If a manager is a QPAM, then certain transactions that…
Client Alerts | August 5, 2024 | Hedge Funds | Private Equity Funds
New York, July 18, 2024 — Premier boutique law firm Kleinberg Kaplan announced that it has been recognized by Chambers High Net Worth 2024 as a leading firm. The firm was included in the “Private Wealth Law: Mid-Market – New York” category. A source stated, “The firm has displayed an outstanding level of expertise and…
FEATURED PUBLICATION | July 18, 2024 | Business Succession Planning | Estate Planning and Administration | Planning for Fund Managers | Tax Controversy
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