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Bureau of Economic Analysis and Its Forms
September 7, 2023
The Bureau of Economic Analysis (BEA) is a federal agency of the United States Department of Commerce. The BEA produces economic statistics regarding US GDP, foreign trade and investment, and other industry data. Specifically for foreign business, the BEA collects its data by having corporations file several mandatory forms for various purposes. These forms are…
Read MoreThe “Barbie” Movie and Aqua’s “Barbie Girl”
September 7, 2023
Have you seen the Barbie movie? If not, you must have heard about it or seen something. It’s a global hype. I watched flocks of people, mostly dressed in pink, at the box office. And I know which movie they wanted to watch. But if you saw it, did you wonder why the Aqua song…
Read MoreCapital Contribution Recommendations for Corporate Loan
September 7, 2023
For a foreign corporation seeking to create a subsidiary in the United States, the process is relatively simple. In fact, there is no minimum capital contribution required, which means a corporation can be formed with just $1 of initial capital. However, while there might not be a minimum contribution to create a US subsidiary, it…
Read MoreWhat is the meaning of the Thumbs Up emoji? – BridgehouseLaw LLP
August 20, 2023
If you wish to know the honest answer, speak with a farmer in Canada who recently found himself held accountable by a court to pay $50,000. This landmark court case, decided a few weeks ago, determined that a farmer had engaged in a legally binding contract through the use of a thumbs-up emoji. The question…
Read MoreWhat is the German Opportunity Card? – BridgehouseLaw LLP
August 9, 2023
A few weeks ago, on June 23rd, 2023, the German parliament approved reforming the Skilled Immigration Act in Germany. This law has been in place since 2020 and aims to make it easier for skilled professionals from non-European Union countries to immigrate to Germany. This card is known as Chancenkarte in German. With its vibrant…
Read MoreOn June 23, 2023, a decade of legal and regulatory scrutiny ended as the U.S. Federal Reserve terminated all three of its enforcement actions against Commerzbank AG, a leading German lender. Commerzbank is a global financial institution with its headquarters in Frankfurt and offices in several different countries including a New York branch in the…
Read MoreThe Waiver of Liability
July 20, 2023
In recent news are the deeply troubling implosion of OceanGate’s Titan submersible and the subsequent death of its five passengers at some point during its 12,500-foot descent to the site of the infamous wreckage of the Titanic. It is believed that each of the five passengers signed waivers of liability, which begs the question of…
Read MoreCertain L-1 and H-1 Visa holders and their dependents may be able to recapture time they spent outside of the United States for work or vacation. Immigration laws stipulate that only the time spent inside the United States counts towards your maximum L-1 or H-1 visa stay. This means that when it’s time to request…
Read MoreE-2 Visa Guidance
June 25, 2023
The E-2 nonimmigrant classification allows a national of a treaty country (a country with which the United States maintains a treaty of commerce and navigation, or with which the United States maintains a qualifying international agreement, or which has been deemed a qualifying country by legislation) to be admitted to the United States when investing…
Read MoreFTC Proposes Ban Preventing Facebook from Misleading Users About Children’s Communications
June 16, 2023
The Federal Trade Commission proposed new sanctions on Facebook’s parent company Meta for breaching the terms of a $5 billion privacy settlement by misleading parents about their ability to control who their children could communicate with on the platform. The order imposes new mechanisms that require Facebook to restructure its approach to privacy and accountability.…
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