Leading Tax Experts from U.S. and Canada Explore Cross Border Lending Issues in New BNA Webinar

ARLINGTON, Va., March 31 /PRNewswire-USNewswire/ --  Leading tax attorneys from the United States and Canada will convene April 20, to present an in-depth BNA Tax & Accounting webinar covering a variety of secured lending and tax issues related to cross-border financing.  U.S. and Canada:  Key Issues Affecting Cross Border Lending – A 2010 Primer On What You Need To Know will include a thoughtful discussion of the important differences in the laws related to secured financing and the tax considerations that lenders and borrowers should consider. The panelists will cover various topics before opening the webinar to audience questions.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090114/DC59060LOGO-b )

Topics to be covered include:

• Uniform Commercial Code vs. Personal Property Security Act: Major similarities and differences
• Deemed Dividend/ Tax Issues (U.S.)
• Withholding Taxes (Canada)
• Wage Earner Protection Program Act (Canada)
• Other issues
  • 30-day Goods (Inventory)
  • Acceptance of Deposit Account Control Agreements by Canadian Banks
  • Quebec -- Special consideration
  • Bankers Acceptances

"The United States is Canada's major trading partner and the US and Canadian financial markets enjoy a high degree of interaction," explains BNA senior tax analyst Nick Webb.  "In the current tight economic environment, decision-makers and their advisers involved in U.S.-Canada cross-border financing issues need more than ever to be aware of the rapid pace of tax and regulatory developments in this complex area."

About the Panelists

James E. Stief (moderator) chairs the Commercial Finance Practice Group at McDonald Hopkins LLC. He concentrates his practice in the areas of commercial finance, business planning and strategic analysis, raising capital, and general contract negotiation. Jim serves as legal counsel and a business advisor to a wide variety of commercial lending institutions, specialty lenders, subordinated debt lenders and large and middle-market companies.

G. Andrew Gardner (speaker) is a member in the Business Department at McDonald Hopkins LLC, focusing his practice on real estate transactions, commercial finance and lending, and mergers and acquisitions. Andy has commercial lending experience representing both lenders and borrowers in a wide variety of transactions, including construction loan transactions, permanent real estate financing transactions, structured finance transactions and bond financing transactions. He regularly works as the outside general counsel for one financial institution with respect to the institution's commercial loan transactions. Andy has also assisted clients acquiring both small and large businesses through both asset and stock purchase transactions.

Mark D. Klimek (speaker) chairs the Tax Practice Group at McDonald Hopkins. He is also a member of the firm's Mergers and Acquisitions Practice Group. A significant part of Mark's practice is representing clients in merger, acquisition and divestiture transactions. His experience in this area includes significant transactions involving corporations, partnerships, limited liability companies and tax-exempt organizations. He also represents clients in structuring the formation of business ventures using these different types of entities, and advises clients on business and tax issues relating to subsequent capital infusions.

Douglas A. Hendler (speaker) is a partner with Aylesworth LLP in Toronto, Canada. Doug practices primarily in the areas of corporate commercial law, real estate and institutional financing. His corporate/commercial practice includes all aspects of legal services required by the business community. Doug regularly provides ongoing advice to business clients and acts on mergers and acquisitions, the sale of businesses, the structuring of business transactions and on the drafting and negotiation of agreements for businesses. Doug's real estate practice includes most aspects of land development, condominium law including the registration of condominiums and drafting condominium documents, lease work on behalf of both landlords and tenants and the purchase and sale of all types of real estate, including office buildings, apartment buildings, shopping plazas and single family residential real estate. Doug also acts for both borrowers and lenders in institutional and other financing transactions, including the financing of businesses and real estate.

U.S. and Canada: Key Issues Affecting Cross Border Lending takes place April 20, 2010, from 12:30 – 2:00 pm, ET. To register for this webinar and obtain further information about CLE and CPE credits, go to http://www.bnatax.com/us-canada-webinar/?open&cmpid=tmtxpr2010 or call 1-800-372-1033, menu Option 6, then Option 1. The fee is $249 for BNA subscribers, $299 for nonsubscribers. To receive automatic, email notification of upcoming BNA webinars that may be of interest to you, go to: http://www.bna.com/emailsignup.htm

About BNA Tax & Accounting Webinars

BNA Tax & Accounting is the foremost source of tax and accounting research, news, practice tools, and guidance for tax attorneys, CPAs, corporate tax managers, estate planners, and financial accountants.  Designed for today's busy practitioners, our webinars offer the same expertise and relevance that are the hallmark of all BNA Tax & Accounting resources. In just 60-90 minutes, practitioners gain in-depth knowledge on a current tax or accounting topic from experts in that area -- and benefit from practical applications that can be put to work immediately. Conference attendees have the opportunity to ask the speakers questions, and may be eligible to earn CLE or CPE credits -- all from the convenience of their own office or conference room.

SOURCE BNA Tax & Accounting