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Capital Sources: Estate tax scenario has firms, clients wondering
The tentative deal in Washington to set the federal estate tax at 35 percent with the first $5 million exempted in 2011 and 2012 still faces hurdles to becoming a reality. But the agreement between the Obama administration and Republican congressional leaders brings at least a glimmer of long-sought clarity for South Florida's tax and estate planners. Even if the deal goes through, however, they will still be left to cope with an estate tax that has gyrated wildly for the third straight year.Dealmakers: Alfredo Gonzalez and Michael Axman
Adorno & Ross duo orchestrate $77 million sale of service stationsAdams and Reese takes over Jacksonville firm
Adams and Reese has taken over the 12-attorney Volpe Bajalia Wickes Rogerson & Wachs commercial and business litigation firm in Jacksonville to add a fifth Florida office to its roster.Dewey's problems could be Greenberg's chance to expand
Greenberg Traurig is in talks with an unspecified number of lawyers at Dewey & LeBoeuf, the New York-based law firm that has been bleeding lawyers and is considering a bankruptcy plan.Two Fort Lauderdale attorneys named to Broward JNC
Fort Lauderdale attorneys William McCormick of GrayRobinson and Zachariah "Reggie" Zachariah of Greenberg Traurig were named by Governor Rick Scott to the Broward Circuit Judicial Nominating Commission.Land-acquisition program loses funding at worst moment
Gov. Rick Scott's proposed budget does not include funding for Florida Forever, a state program that has made possible the acquisition of hundreds of acres of environmentally sensitive land in South Florida and hundreds of thousands of acres throughout the state.GlaxoSmithKline unit Stiefel Laboratories Inc. is gearing up for a nasty legal fight with the SEC, which sued the company on Monday for allegedly defrauding shareholders out of $110 million. But at least Stiefel's lawyers at Greenberg Traurig won't need long to get up to speed: The firm's been defending Steifel in related private litigation for two years, ever since the company's acquisition by GSK.
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