Summer 2017 Article
Many foreign nationals holding permanent residence status in the United States (Green Card) believe - mistakenly - that their status is comparable to that of American citizens because they can reside indefinitely in the US, work for any employer, and return to the United States automatically every time they travel overseas. Therefore, while meeting the requirements, they do not worry about applying for US citizenship.
Spring 2017 Article
Most are aware that communications between an individual and his attorney are “privileged”, but few know when and to what the privilege applies, or how it can be lost. Given how important the privilege is, and how damaging the implications of its loss can be, a client with only a little knowledge of attorney client privilege can be a dangerous thing.
Winter 2016 Article
Non-compete agreements have the purpose of delaying the employment of an employee in a competing business. Situations in which a business may wish to use non-compete agreements with its employees are various: The immediate aim is that of preventing competitors to have access at low cost to human resources which have been developed at considerable cost. A secondary aim is that of avoiding the disclosure of trade secrets to competitors, where a simple confidentiality agreement may be less effective. A non-compete agreement could also reduce the turnover, limiting employees’ ability to find employment with businesses with which it could leverage its expertise.
Fall 2016 Article
A trademark or a service mark is a word, logo, or slogan that identifies and distinguishes the source of the goods or the services, respectively, of one party from those of another. Companies, either foreign or U.S. entities, should consider registering their trademark in the United States. Why? Here are a few reasons:
Summer 2016 Article
Becoming a permanent resident allows foreign nationals to live and work in the United States of America indefinitely, and it is the first step to US citizenship. One of the paths to permanent residence is the immigrant investor visa, which was established in 1990 with the purpose of creating jobs and bringing foreign capital into the United States for large investment projects. This visa is also referred to as EB-5 because it is the fifth employment preference immigrant visa category[1]. The EB-5 visa classification for foreign investors is allotted 10,000 visas per year, and it is based on the following requirements:
Spring 2016 Article
When a party is entering into a contract with a customer, partner or employee, it should give consideration to what will happen if a dispute occurs between the parties. Given the potentially high cost of litigation, parties may want to consider deciding in advance to commit themselves to resolve any dispute through means other than litigation. One option that should be considered when drafting any contract is whether to include an agreement between the parties to submit any dispute to arbitration.
Winter 2015 Article
When confronted with the choice between a corporation and a limited liability company, clients are sometimes inclined to choose a limited liability company (or LLC). Limited liability companies are perceived as an appropriate business vehicle for smaller ventures and to manage real estate investments in a very informal and flexible manner. Limited liability companies are often compared with S.r.l.’s in Italy or GmbH’s in Germany, which require a smaller capitalization and are thus perceived as less costly. The comparison, however, is not always appropriate, especially because LLC laws in the United States are largely based on the law of partnerships. A limited liability company is first of all a contract among members, rather than a rigid statutory creation with specific structures and provisions created by law. If this allows more flexibility, it also leaves the door open to uncertainties and ambiguities.
Fall 2015 Article
Employers should be very careful when classifying a new hire as an employee or independent contractor to make sure they comply with applicable federal and state tax laws. Misclassification of an individual as an independent contractor may have a number of costly legal and tax consequences.
Summer 2015 Article
It is common knowledge that in order to work lawfully in the United States, a foreign national is first required to obtain a valid work visa. However, not many people know that accompanying foreign spouses holding a derivative visa need to take an additional step before they may seek employment in the United States, even when their visa status allows in principle to work.
Spring 2015 Article
Consider the following situation. A European company sells $30,000 worth of goods or services to a company in California pursuant to a purchase order prepared by the European company. After making a few payments, the Californian company stops making payments leaving the European company with an unpaid $20,000 balance.
Winter 2014 Article
It has come to our attention that over the past months, several out-of-state manufacturers of a variety of products have received notices advising that their products are in violation of California Proposition 65.
Fall 2014 Article
Our foreign clients feel the need to incorporate a subsidiary in this country for various reasons. First, incorporating a subsidiary in the United States often gives more credibility in dealing with customers, allows better assistance to customers, avoids the additional cost of a distributor and allows to acquire a more direct and in-depth knowledge of the market.
Summer 2014 Article
I return to the subject of the export of food products from Italy to the United States. For those of you who missed my previous newsletter, you may find it by following this link: http://vallalaw.com/newsletters/newsletter-fall-2011.php.
Spring 2014 Article
No one enters into an agreement with the expectation of a lawsuit, but inevitably some agreements will result in lawsuits. Therefore, even if it never becomes necessary, a party to any contract, and particularly an international commercial contract, should consider the potential for litigation while negotiating its contract with any counterparty.
Winter 2013 Article
Venture capital financing (VC) has been one of the main engines of the United States economy, and has substantially contributed to bringing the American economy to the current levels. The majority of companies that have achieved visibility and success over the past 20 years, especially in innovative fields, have obtained venture capital financing.
Fall 2013 Article
Foreign enterprises conducting business in the US often have the necessity to send their managerial or technical personnel to the United States. These travels may be short trips to attend a trade show or to meet with commercial partners, or may also result in extended periods of stay during which the transferred employees work in the US. In all of these cases, the appropriate visa is always necessary.
Summer 2013 Article
Many foreign companies wish to establish a commercial presence abroad, especially in the United States of America. The first thing that comes to mind is how to establish a presence and ensure that products are distributed in the United States in an efficient way, i.e., with the least expenditure of money.
Winter 2012 Article
Litigation in the United States has the reputation of being slow, costly, and frustrating for all parties. And it is all of these things. A principal driver of the cost of litigation is the process of discovery, which is the formal process by which adverse parties in litigation must exchange information and documents in order to identify the evidence by which they will prove their case at trial.
Fall 2012 Article
U.S. employment law is different from European employment law. The absence of codified rules outlining the steps to establish a stable human resources structure often creates confusion and leaves the employer vulnerable for lawsuits.
Summer 2012 Article
The consignment contract is frequent in the United States. In a consignment, the seller (consignor) delivers the goods to the buyer (consignee) for further resale to third parties. The consignor retains title to the goods, which is transferred directly to the third party purchaser upon sale, and does not issue an invoice until the consignee sells the goods.
Valla & Associates, Inc., P.C.
333 Bush Street, Suite 2020
San Francisco, CA 94104
Phone: +1 (415) 856-9001
Valla & Associates, Inc., P.C.
509 Madison Ave., Suite 1200
New York, NY 10022
Phone: +1 (212) 913-9246
Valla & Associates, Inc., P.C.
Via G. Leopardi 7
20123 Milano, Italy
Phone: +39 (02) 46577920
