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Private Briefing with Consul General of China Zhao Jian

Headshot of China Zhao Jian

As the U.S. and China mark the 45th anniversary of the establishment of diplomatic ties, on March 20th Macaluso LLP Partner Todd Vollmers attended an invitation-only briefing with Consul General Zhao Jian of China. Consul General Zhao shared remarks on the current state of U.S.-China relations.

Consul General Zhao Jian

Consul General Zhao Jian started his career in the Ministry of Foreign Affairs of the People’s Republic of China in 1993 and has served as the Counselor of Department of North American and Oceanian Affairs in the Ministry. As a career diplomat, he was the Counselor in the Embassy of China in Australia, and the Consul General of China in Melbourne. In 2019, Mr. Zhao Jian was appointed as the Consul General of China in Chicago.

Intellectual Property Publisher House (IPPH) webinar

On May 9, 2023 Macaluso LLP Partner Todd Vollmers gave a presentation as part of a webinar for the Intellectual Property Publishing House (IPPH). Founded in August 1980, the IPPH is subordinate to the China National Intellectual Property Administration (CNIPA) and is the legal publisher for Chinese Patent literature and the unified patent information outward service provider under CNIPA.

Click here for more details.

2024 International Business Law Institute

In Minneapolis on April 25, 2024
Once again, the International Business Law Institute – Doing Business in Times of Shifting Global Alliances delivered important and timely updates on the leading issues in international business law.

Macaluso LLP Partners Todd Vollmers and Michael Macaluso both spoke at the conference, as noted below:
Join us for the 2024 International Business Law Institute, hosted by the International Business Law Section and co-sponsored by Global Minnesota.

Managing geopolitical risk has never been as essential as it is today. Global alliances are quickly shifting, with broad implications for companies conducting business across borders and the lawyers who advise them, including as they relate to labor and supply chains, sanctions and trade restrictions, and reputational and regulatory risks. At the 2024 International Business Law Institute, you will have an opportunity to hear from and network with Minnesota’s foremost experts on the legal dimension of international business. Throughout a full day of programming, you will learn about current trends, important new regulations, and emerging challenges in conducting business internationally.

SCHEDULE:
8:30-9:00 | Check-In & Continental Breakfast

9:00-9:10 | Welcome & Introduction
Berglind Halldorsdottir Birkland, Vice Chair of the MSBA International Business Law Section, Debevoise & Plimpton LLP
Phil Hansen, President, Global Minnesota
Steve Riedel, Corporate Relations Officer, Global Minnesota

9:10-9:55 | Keynote Address: Shifting Global Alliances
Thomas R. Hanson, Diplomat in Residence, The University of MN, Duluth

9:55-10:05 | Break (10 min)

10:05-10:50 | Export Controls Update – New Tools in the U.S. Government’s Toolbox
Once an obscure area of regulation, export control rules are increasingly being used by the U.S. government as a major tool of foreign policy. Enforcement of export control law has become so much tougher in recent years that key government officials have called export controls “the new FCPA.” Against this background, the U.S. government is continuing to expand the jurisdictional reach of export controls through innovative legal approaches. This panel will review how the latest regulatory changes have provided U.S. officials with authority to regulate the transfers of a much wider universe of items and the broader scope of activities of both U.S. and non-U.S. businesses.
David Townsend, Dorsey & Whitney
Valentin Povarchuk, Seagate Technology

10:50-11:20 | Navigating International Data Transfer Rules
With the recent Executive Order restricting cross border transfers from US to certain countries of concern, and as more countries also restrict international data transfers, there is much to be done to implement suitable contractual controls and transfer risk assessments. This presentation will compare and contrast the cross border transfer regimes and rules.
Robert Bond, Notary Public & Solicitor, Senior Counsel, Privacy Partnership Law

11:20-11:30 | Break (10 min)

11:30-12:30 | Friendshoring – Winners and Losers in a Changing World
Friendshoring refers to the rerouting of supply chains to countries perceived as politically and economically safe or low-risk, to avoid disruption to the flow of business. The Biden Administration has focused on friendshoring as a solution to secure and stabilize global supply chains in an era of increased geo-political tension and economic competition. Join us for a discussion of the evolving implications of this policy, its winners and losers, and the various legal issues it has raised and continues to raise.
Pat Kelly, Fredrikson & Byron
Aaron Nyquist, Fredrikson & Byron

12:30-1:15 | Networking Lunch (45 min)

1:15-2:00 | U.S. Immigration – What’s New and Relevant
Immigration is often in the news but not well understood. The panel will cover relevant new changes that relate to non-immigrant work authorized statuses and other work authorized individuals for employers and their employees. In light of Donald Trump’s candidacy, the panel will also address the changes that can be expected if he wins a second term, and steps employers can take to protect their non-immigrant employees in the event of his reelection.
Scott Borene, Borene Law Firm
George C. Maxwell, Borene Law Firm

2:00-2:30 | International Fund Investments in an Era of Geopolitical Change
Michael J. Macaluso, Macaluso LLP

2:30-2:40 | Break (10 min)

2:40-3:40 | When Disputes Arise: International Arbitration as an Effective Tool
At the outset of any international business venture or overseas investment it is essential to consider the potential for future disputes and ensure access to a fair and effective forum. In cross-border transactions, international arbitration is often the best option: It is efficient and confidential and will produce an award that is easier to enforce in U.S. courts than a foreign court judgement. This panel of international arbitration practitioners will provide an overview of the international arbitration system and highlight best practices for drafting effective arbitration clauses.

Philip L. Bruner, Arbitrator and Mediator
Steven C. Nelson, Dorsey & Whitney LLP
Berglind Halldorsdottir Birkland, Debevoise & Plimpton LLP

3:40-3:45 | Break (5 min)

3:45-4:30 | Updates from Key Jurisdictions
Hear updates from lawyers working closely with clients operating in three key markets: Mexico, China and the European Union.
Todd Vollmers, Macaluso LLP
Luis Resendiz, Fredrikson & Byron
Richard Weiner, Fredrikson & Byron

4:30-5:00 | The Human Rights Dimension of International Business
Companies conducting business internationally cannot ignore the human rights dimensions of their operations, investments, and supply chains, nor can the lawyers who advise them. Respect for human rights is no longer simply a moral or ethical imperative—or solely a question of reputational risk—but the subject of government regulation and legal accountability. Ms. Amanda Lyons, Executive Director of the Human Rights Center at the University of Minnesota Law School will describe the pivotal role the Minnesota legal community has played in the development of the rapidly expanding field of “Business and Human Rights” and review recent developments in that field, including the EU’s Corporate Sustainability Due Diligence Directive and the negotiations for a binding legal instrument at the UN Human Rights Council.
Amanda Lyons, Human Rights Center, University of Minnesota Law School

Invitation: Grand Opening of the Boston International Business School. Managing and structuring relationships with portfolio companies and other invested businesses. Speaker: Michael Macaluso

Macaluso LLP announces Partner’s Election as Chair of the International Business Law Section of the Minnesota State Bar Association

Minneapolis, June 21, 2023 – Macaluso LLP, a boutique law firm with experienced international lawyers who have a track record for successfully managing large, innovative, and complex matters for some of the world’s leading institutions and middle-market companies, is pleased to announce the election of partner Todd Vollmers as the Chair of the International Business Law Section of the Minnesota State Bar Association

Click here to view the full article.

2023 International Business Law Institute

To be held in Minneapolis on March 2, 2023

Once again, the International Business Law Institute – Emerging Topics in International Business Law promises to deliver important and timely updates on the leading issues in international business law.

Macaluso LLP Partner Todd Vollmers is chairing the conference and both Jack Cahill and Michael Macaluso will be speaking.

    • A Market Too Big to Ignore- Guidance for Doing Business in China

Brendan Moran, Wall Street Journal
Todd R. Vollmers, Macaluso LLP

    • Global Flows: Developments Relating to Inbound and Outbound International Fund Investments

Jack Cahill, Macaluso LLP
Michael Macaluso, Macaluso LLP

Other Topics include:

    • Geopolitical Trends and Their Impact on the Global Economy

Thomas R. Hanson, The University of Minnesota Duluth

    • Current Developments in U.S. Export Controls

Anne Fisher, Office of the Chief Counsel for Industry & Security, U.S. Dept. of Commerce

    • Transactions Subject to the Committee on Foreign Investment in the United States (CFIUS)- Security and Regulatory Insights

Nova J. Daly, Wiley Rein LLP
Speaker TBA, Office of Investment Security (CFIUS), U.S. Dept. of Treasury

We hope that you can join us. To learn more and to register, please Click Here.

High Tech & Emerging Tech at Macaluso LLP

Minneapolis – September 15, 2021

Given the many distractions and disruptions caused by the COVID pandemic, we are pleasantly surprised to report that 2021 has been an excellent year for innovation and technology across a broad spectrum of industries. Noteworthy engagements, within hi-tech and emerging tech, for Macaluso LLP include:

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  • Decentralized Finance (DeFi): Representation of a U.S.-based, blockchain-enabled secured lending platform, in connection with the legal structure of its base platform and operations.
  • EV Batteries: Representation of a U.S. partner in a joint venture for the funding and international expansion to a major market – including the building of Giga factories – of an advanced U.S.-based technology company in the EV battery space.
  • Car/Airplane Hybrid: Representation of a company in the late stages of finalizing the prototype of its hybrid car/airplane concept.
  • Nanotech: Representation of a U.S. family office in connection with the sale of a portfolio company with significant patent portfolios located in subsidiaries in Asia and in the Middle East to a U.S. publicly listed company.
  • Distributed Social Networking (DSN): Macaluso LLP’s founding partner, Michael Macaluso, advises the board of a leading decentralized social networking platform.

About Macaluso LLP’s High Tech & Emerging Tech Practice

Macaluso LLP provides a full range of legal services to emerging and high-growth technology companies, their boards of directors, and their investors and partners. Macaluso LLP provides value-add services throughout the business lifecycle, including business formation and funding, securing technologies, developing joint ventures, international expansion, acquisitions, and serving as outside general counsel.

Macaluso LLP serves successful entrepreneurs and their companies, family offices, independent private and venture equity firms, and companies looking to expand their markets internationally as well as financial institutions generally.

Business Planning in the Age of COVID-19

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Are You Standing on Quicksand? Companies that do business internationally or rely on a global supply chain (either directly or indirectly), should continue to expect and be prepared for far-reaching and unique challenges arising out of the global pandemic caused by Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which causes the respiratory illness known as COVID-19.

Click here to view the full article.

Banking on a Bottom Line

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Interview with Lehigh University’s Acumen Magazine, Fall 2018 Edition.

Click here to view the full article.

Charts: Banking Consolidation

The following chart shows consolidation of the U.S. banking sector roughly from the early 1990s to 2010 which led to four major banks.

Click here to read the full article.

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Law & Life Magazine Interview with Michael Macaluso

A wide-ranging interview (translated from Chinese) providing perspective on US-China economic and legal relations.

Click here to view the full interview.

Humans vs Machines

A perspective on whether we are really facing a humans vs machines dilemma when it comes to U.S. jobs and competitiveness.

Click here to view the full article.

Overview of Private Investment Trends in Asia-Pacific

Recently, we explored the private equity investment climate in Southeast Asia in Next Stop, Southeast Asia and took a look at the potential implications of the Shanghai Free Trade Zone in Shanghai Free Trade Zone – A New Paradigm for Western Investors? This time around we are providing high level overview of the Asia-Pacific Region more broadly.

Click here to view the full article.

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The Shanghai Free Trade Zone – A New Paradigm for Western Investors?

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When it comes to foreign companies, funds and investors doing business in China and positioning themselves to do business in China, the question on the minds of everyone is the significance of the Shanghai Free Trade Zone. What does it mean for China, and to investment in China? We took a look.

Click here to view the full article.

Feuerwehrfahrzeughersteller Ziegler von CIMC Erworben

Famous Frankfurt Airport Fire Engines

Famous Frankfurt Airport Fire Engines

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Next Stop, Southeast Asia

Interest in Southeast Asia, a region roughly extending from Singapore to Myanmar and including Vietnam, Thailand and Malaysia as well as Indonesia and the Philippines, has been increasing. We decided to take a closer look at business activity and business climate in the region, particularly for making investments.

Click here to view the full article.

Developments: SEC Announces Plans in the event of a Shutdown

Below is a reprint of what I consider a good overview of the contingency plans for the looming government shutdown announced by the U.S. Securities and Exchange Commission (SEC) written by my colleague Edward Johnsen. In a separate note entitled “Here comes the Shutdown: Key Points” which deals with the mechanics of the shutdown more generally (see link at end of post), Stephen Phillips, another colleague, notes that in the past 36 years, there have been a series of government funding crises in the U.S. including 17 government shutdowns, though none since 1996. In addition, Congress has enacted  numerous continuing resolutions during this period to fund operations and avoid shutdowns. Given this history, he notes, that the U.S. government has experience in preparing for funding gaps and government shutdowns. Indeed, since 1980, the U.S. Office of Management and Budget (OMB) has required every department and agency to develop and maintain a plan for “an orderly shutdown” in case of a lack of appropriations.

Click here to view the full article.

Acceptance Speech delivered by Michael Macaluso on the occasion of his being honored for his Global Practice

Elisabeth Rasmusson of U.N. World Food Program presenting award

Elisabeth Rasmusson of U.N. World Food Program presenting award

Since the theme of this conference is “China on the World Stage,” I would like to say a few words about the meaning of doing business on the global stage today.

Click here to view the full speech.

Developments: The Scott Brass Decision

The Scott Brass decision by the U.S. First Circuit Court of Appeals is unlikely to have the significant impact on private equity funds that many are foreseeing.  The decision does, however, create yet another level of uncertainty to the deployment of capital to companies where it is most needed.

Click here to view the full article.

Social Impact Investing

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We have been working with one of our clients on the design and implementation of a “social impact fund” to make investments in companies and entrepreneurs in developing countries. This week Private Equity International in its Friday Letter talked about the development of  social investing.

Click here to view the full article.

Thomson Reuters Interview with Michael Macaluso

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Michael Macaluso has seen success as the rare lawyer able to bridge the gap between the U.S. and Europe. With markets in flux and regulations fluid, capital flows to and from private equity and venture capital act as a bellwether for the evolving global economy. Macaluso sat down with Currents to discuss the evolving environment in Europe and U.S.

Click here to view the full interview.