Showing posts from June, 2015

Export Finance Programs

Posted by Corby Myers, Intern

Are you curious about the various export finance programs available to you in the state of Pennsylvania?
On June 16, 2015, the World Trade Center hosted an Export Finance program. This event discussed the various export finance programs that are available to small businesses. 
Presenters included: Export Import Bank of the United States, Regina Gordin, Regional Director (Eastern Region) United States Small Business Administration, Bob Elsas, Regional Manager (Export Solutions Group) Pennsylvania Department of Community & Economic Development, Joan Wallett, Economic Development Analyst

Export Import Bank of the United States (Ex-Im Bank)
The Ex-Im Bank is an independent federal agency that provides private export finance in order to sustain U.S. job growth, which is at no cost to American taxpayers. The Ex-Im Bank is the official export credit agency (ECA) of the United States Government. Ex-Im Bank provides financing services and solutions to empower exporter…

New PA Transactions Act

Contributed by Josh Cohen, Hartman Underhill & Brubaker, LLC
Beginning July 1, 2015, Pennsylvania's business laws will be on the leading edge of statutory flexibility for business transactions.  For existing or new PA-based businesses with international operations, this presents a significant opportunity to adjust their legal structure to take advantage of tax rules, governance structures, ownership requirements, wealth planning or market-risk protection. 
The new Act not only modernizes Pennsylvania law governing all types of business entities (e.g., corporations, LLCs and limited partnerships), but it also creates new statutory flexibility to engage in transactions involving mergers, conversions (from one type of entity into another), divisions (splitting one entity into multiple other entities, of the same or different types), ownership interests exchanges, and domestication (moving the home jurisdiction to/from Pennsylvania).  The new law creates opportunities for a Pennsylv…

15th Annual International Trade Conference Event Recap

Posted by Hannah Copenheaver  On May 28, 2015, we hosted our 15th Annual International Trade Conference at the Wyndham Garden Hotel in York. Over 80 people attended the conference. The conference was sponsored by UPS (silver), Foreign Trade Zone 147 (bronze), Core PA Global (bronze), Susquehanna Bank (bronze) and with the support of our partners MANTEC and World Trade PA... Thank you!

We kicked off the conference with "US Businesses at Risk: Protecting your Interests in a Hostile World" that was presented by two speakers from the Counterintelligence Division of the FBI. The presenters spoke about common elicitation techniques and measures that you can take to protect your company from economic espionage. 

In the first breakout session, Louis Dejoie, Chair, International Law, McNees Wallace & Nurick LLC and Abram Koser, Vice President and Director, Global Trade, Susquehanna Bank, discussed emerging opportunities in Cuba. They provided an overview of the legal and financial a…