Media Mentions
2011
“$1.23 Billion Golf Buy”
Legal Bisnow, June 6, 2011
Thomas Conaghan called getting the deal signed for the Fila Korea/Mirae Asset Private Equity purchase of the Titleist and Footjoy golf equipment lines a “three month sprint” during which he was “lucky if I got six hours” of sleep a night given the 13-hour US-Korea time difference. Mr. Conaghan said the deal was more than a business transaction, it was front page news in Korea. The article noted that Joel Grosberg managed the transaction’s US and foreign antitrust approvals, Daphne Trotter led the environmental review of the global manufacturing facilities involved, James Riedy led the international tax structuring team, and more than 40 McDermott timekeepers were involved overall.
Thomas P. Conaghan, Joel R. Grosberg, James A. Riedy PC, Daphne W. Trotter, Antitrust & Competition, Corporate, OSHA, MSHA & Catastrophe Response, Tax
2009
James Riedy noted on May 5 in CFO.com that President Obama's proposal to tighten the expense-deferral rule in the taxation of U.S. corporate foreign income would be the first such effort since one made by President Kennedy. Mr. Reidy said that many details on the proposal have yet to be released, including what kind of expenses will be included in the deferral proposal, which can be anything from interest on loans and real estate taxes to CEO salaries and travel expenses. He also said that it is "grossly misleading" for the administration to call the passive income rule a loophole, especially since it was originally set up during the Clinton Administration.
James A. Riedy PC, International Tax, Tax
2006
Fred Chilton, Peter Faber, Jerry Kaplan, Peter Nias, Arndt Raupach, James Riedy, Art Rosen and Lowell Yoder were recommended in the Cross-border Tax on Corporate Transactions: PLC Which Lawyer Handbook published by Practical Law Company. McDermott was highly recommended.
Frederick Chilton, Peter L. Faber, Jared Kaplan, Peter M.W. Nias, Arndt Raupach, James A. Riedy PC, Arthur R. Rosen, Lowell D. Yoder, Germany, International, International Tax, London, Tax, Tax - Germany, Tax - London
2004
James Riedy was quoted in the November 2004 issue of Trade & Forfeiting Review in an article regarding the new corporate-tax bill and its containment of significant international tax reform provisions. The bill does away with the tax benefits for exporters, Mr. Riedy explains. "But what Congress has replaced these benefits with is a general tax reduction applicable to all manufacturing activities whether that product is exported or consumed in the United States."
