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Internationalization

"Zagamilaw" International Law Firm, with its offices in New York, Toronto and London and thanks to the collaboration with its correspondent Partners, offers its activity of international consultancy and legal assistance both towards Italian clients living abroad and foreign clients living in Italy.

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Rome

Why choose Zagamilaw

Our team is composed by young, competent and motivated people that would be able to give you suggestions about every aspect of your matter. When we are engaged by a client for a legal case, the same client and the same case become to us absolutely important, in fact every professional of Zagamilaw will constantly assist you with the aid and supervision of the Firm's founder Lawyer Paolo Zagami

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Reggio Calabria

Recruiting

"Zagamilaw" International Law Firm, with its offices in New York, Toronto and London and thanks to the collaboration with its correspondent Partners, offers its activity of international consultancy and legal assistance both towards Italian clients living abroad and foreign clients living in Italy.

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New York

Feedback

“Zagamilaw is a fast growing and international business oriented law firm which offers assistance on all legal aspects of Italian residential and commercial real estate transaction and has been appointed between the Top 5 Italian Law firm for the Real Estate sector." - Corporate International Magazine

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Toronto City

International Tax Planning

The International Law Firm "Zagamilaw" is able to assist and advise companies and businesses wishing to implement an efficient international tax planning through proper allocation in different countries of their income derived from investment and management functions of the group, taking into account the different tax regimes and different tax rates adopted by each member, according to a general principle of legal supremacy of internal rules than those of other countries, subject to the existence of international agreements that address conflicts of imputation or double taxation.

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London

HSBC sued 9 billion USD by Maddoff’s investment liquidation trustee

10.12.2010 « Back

He alleges that HSBC aided Madoff’s scheme through the creation of a network of international feeder funds. HSBC said it was defending itself “vigorously” against the claims. In the complaint filed on Sunday in the US, Mr Picard named other defendants in the filing, including the management companies and providers of the feeder funds.

The complaint alleged that the defendants were well aware of the signs of fraud that were already circulating around Bernard L Madoff Investment Securities (BLMIS). The complaint said that HSBC had twice asked accountants KPMG to identify concerns with BLMIS, and KPMG twice reported serious risks already known to HSBC.

“Had HSBC and the defendants reacted appropriately to such warnings and other obvious badges of fraud… the Madoff Ponzi scheme would have collapsed years, billions of dollars, and countless victims sooner,” said Mr Picard. “The defendants were wilfully and deliberately blind to the fraud, even after learning about numerous red flags surrounding Madoff.”

An HSBC spokesman told the BBC: “HSBC is defending itself vigorously against Madoff-related claims that have been brought against it in various jurisdictions around the world, including class actions in the United States.” “HSBC believes that the US court appointed trustee’s claims of wrongdoing is unfounded and it will defend itself against these claims as well.”

The other defendants include former Austrian lender Bank Medici, and Italian bank UniCredit. The lawsuit was filed days before the two-year expiration of the trustee’s mandate. It follows similar suits filed against banks JP Morgan Chase and UBS. Bernard Madoff admitted defrauding thousands of investors through a Ponzi scheme, which paid out using new investors’ money rather than from any profits.

The scheme, which had been running since the early 1990s, unravelled when Madoff’s investors tried to withdraw about 7 billion at the height of the economic downturn. Madoff could not produce the money. Madoff is serving 150 years for the fraud. (BBC)

by www.mercopress.com