Officers and Directors of Foreign Private Issuers Now Subject to Short Swing Profit Reporting Requirements

The Securities and Exchange Commission (the “SEC”) adopted amendments to the rules under Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that subject officers and directors of foreign private issuers (as defined below) to the short-swing profit reporting rules of the Exchange Act.  Officers and directors of foreign private issuers organized in certain jurisdictions and subject to “qualifying regulations”, as discussed below, are exempt from the reporting requirements.

BACKGROUND

Historical Reporting Requirements

The rules under Section 16(a) of the Exchange Act (the “Section 16 Reporting Rules”) require directors, officers, and beneficial owners of more than 10% of any class of a company’s equity securities to report their holdings of the company’s securities and their transactions in these securities on Forms 3, 4 and 5.  Historically, insiders of foreign private issuers have been exempt from these requirements.  However, the Holding Foreign Insiders Accountable Act (the “HIFA Act”), enacted in December 2025, amended the applicability of Section 16(a) of the Exchange Act to include directors and officers (but not 10% holders) of foreign private issuers.  As a result, the SEC was required to amend the Section 16 Reporting Rules to be consistent with the HFIA Act.

Foreign Private Issuers

A “foreign private issuer” is any non-government foreign issuer unless (a) 50% or more of its securities are owned by US residents, and (b) either (i) the majority of its executive officers or directors are US citizens or residents, (ii) the majority of its assets are located in the US, or (iii) its business is administered principally from the US.

AMENDMENTS

The new amendments conform the Section 16 Reporting Rules to the HIFA Act. Specifically, they:

• Require officers and directors of foreign private issuers to File Forms 3, 4, and 5 under the Section 16 Reporting Rules;

• Do not subject persons who own 10% or more of a class of securities of a foreign private issuer to the Section 16 Reporting Rules;

• Require foreign private issuers having two-tier boards of directors to look to the definition of “director” in Section 3(a)(7) of the Exchange Act to determine which directors are required to report;

• Maintain the definition of “officer” in set forth in Rule 16a1-f under the Exchange Act, which includes, president, principal financial officer, principal accounting officer or controller, any vice president of a unit, division or function, or any other officer who performs a policy-making function; and

• Have no impact on foreign private issuers whose securities are not registered under Section 12 of the Exchange Act.

COMPLIANCE

The amendments are effective March 18, 2026.  Subject to the Exemptive Order described below, all persons who were officers and directors of foreign private issuers as of December 18, 2025 are required to file an initial report on Form 3 with the SEC by March 18, 2026 unless they are no longer an officer or director on March 18, 2026.  Persons who became officers or directors of foreign private issuers after December 18, 2025 must file their initial Form 3 on the later of March 18, 2026 and ten days after the date on which they became an officer or director.  All filings must be made via EDGAR.

EXEMPTIVE ORDER

On March 5, 2026 the SEC issued an exemptive order exempting officers and directors of foreign private issuers that are (a) incorporated or organized in a “qualifying jurisdiction”, and (b) subject to a “qualifying regulation” of such qualifying jurisdiction or another qualifying jurisdiction from the filing requirements of the Section 16 Reporting Rules.  The “qualifying jurisdictions” are:  Canada; Chile; the European Economic Area; the Republic of Korea; Switzerland; and the United Kingdom.  Importantly, persons relying on the exemption must publish English language copies of the reports they file in the applicable jurisdiction within two business days of such filing.  In cases where the applicable jurisdiction does not allow English language filings on its online data base, the English language reports should be made publicly available on the company’s website or elsewhere.

The press release and fact sheet are available here:  https://www.sec.gov/newsroom/press-releases/2026-23-sec-adopts-final-rules-holding-foreign-insiders-accountable-act.

The exemptive order can be found here:  https://www.sec.gov/files/rules/exorders/2026/34-104931.pdf.

For further information please contact:

Jake Brown: jake.brown@wg-law.com; (212) 509-4741

Travis L. Gering: travis.gering@wg-law.com; (212)509-4723

Claudio A. Guler: claudio.guler@wg-law.com; (212) 509-1416

Janet R. Murtha: janet.murtha@wg-law.com; (212) 509-6314

Marco E. Palmese: marco.palmese@wg-law.com; (212) 509-6310

Daniel A. Wuersch: daniel.wuersch@wg-law.com; (212) 509-4722

Hilde Holland to Conduct Immigration Consultations at IHK Düsseldorf

Hilde Holland, Esq., the head of our immigration department, is conducting individual immigration consultations at the IHK Duesseldorf on March 16, 2026.

• „𝗡𝘂𝗿 𝗺𝗮𝗹 𝘀𝗰𝗵𝗻𝗲𝗹𝗹 𝗶𝗻 𝗱𝗶𝗲 𝗨𝗦𝗔?“ ✈️
  Was früher Routine war, ist heute ein echtes Compliance-Thema.
  Geschäftsreisen in die USA werden zunehmend komplexer – selbst für kurze Projektbesuche, Messen oder Kundentermine. Verschärfte Prüfprozesse, zusätzliche Nachweisanforderungen und erweiterte Offenlegungspflichten (z. B. Social Media) erhöhen das Risiko für Unternehmen im internationalen Geschäft deutlich.
  
  𝗪𝗮𝘀 𝗯𝗲𝗱𝗲𝘂𝘁𝗲𝘁 𝗱𝗮𝘀 𝗸𝗼𝗻𝗸𝗿𝗲𝘁 𝗳ü𝗿 𝗜𝗵𝗿 𝗨𝗻𝘁𝗲𝗿𝗻𝗲𝗵𝗺𝗲𝗻?
  Typische Fragestellungen aus der Praxis sind:

• Reicht ESTA noch aus – oder ist ein Visum erforderlich bzw. strategisch sinnvoll?

• Welche Tätigkeiten gelten noch als „geschäftlich“ – und wo beginnt „Work“?

• Welche Unterlagen und Angaben müssen vorbereitet werden?

• Wie lassen sich Verzögerungen oder Probleme bei der Einreise vermeiden?

• Wie bereite ich Mitarbeitende optimal auf die Einreise vor?

• Was gilt für Homeoffice in Bundesstaaten wie Kalifornien oder Florida?

  
  𝗚𝗲𝗳𝗮𝗵𝗿 𝗲𝗿𝗸𝗮𝗻𝗻𝘁 – 𝗣𝗿𝗼𝗯𝗹𝗲𝗺 𝗴𝗲𝗯𝗮𝗻𝗻𝘁.
  In unserer 𝗩𝗶𝘀𝗮𝘀𝗽𝗿𝗲𝗰𝗵𝘀𝘁𝘂𝗻𝗱𝗲 𝗨𝗦𝗔 am 𝗠𝗼𝗻𝘁𝗮𝗴, 𝟭𝟲. 𝗠ä𝗿𝘇 𝟮𝟬𝟮𝟲 (𝟬𝟵:𝟬𝟬–𝟭𝟲:𝟬𝟬 𝗨𝗵𝗿) besprechen wir Ihre konkreten Fälle – praxisnah und lösungsorientiert.
  Gemeinsam mit Hilde Holland, Rechtsanwältin und Partnerin bei Wuersch & Gering, beleuchten wir typische Fallkonstellationen rund um Visum, Einreise und Compliance in den USA.
  Sie können zwischen 𝟭:𝟭-𝗚𝗲𝘀𝗽𝗿ä𝗰𝗵𝗲𝗻 𝗼𝗻𝗹𝗶𝗻𝗲 𝗼𝗱𝗲𝗿 𝗶𝗻 𝗣𝗿ä𝘀𝗲𝗻𝘇 wählen.
  Gerade für international tätige Unternehmen gilt: Eine saubere Vorbereitung schützt vor Einreiseproblemen, Projektverzögerungen und unnötigen Kosten.
  𝗛𝗶𝗲𝗿 𝗴𝗲𝗵𝘁 𝗲𝘀 𝘇𝘂𝗿 𝗔𝗻𝗺𝗲𝗹𝗱𝘂𝗻𝗴:
  https://lnkd.in/e2XU3i_U

Changes to New York City’s Earned Safe and Sick Time Act as of February 22, 2026

As of February 22, 2026, amendments to New York City’s Earned Safe and Sick Time Act (ESSTA) and the Temporary Schedule Changes Act will take effect.  These amendments include the introduction of additional unpaid safe and sick time hours, the expansion of permissible uses of safe and sick time, the reduction of employer obligations under the Temporary Schedule Changes Act, and the codification of paid parental leave provisions consistent with New York State law.

Additional Unpaid Safe and Sick Time Entitlement of 32 Hours Per Calendar Year

The ESSTA has already required employers in New York City to provide paid leave for employees to address their own health needs or those of a family member or to handle certain safety-related circumstances. Under current law, employees accrue leave based on hours worked or receive a frontloaded grant of leave at the beginning of the calendar year, generally up to 40 or 56 hours of paid leave per year, depending on the employer’s size and income.

As of February 22, 2026, employers must provide an additional 32 hours of unpaid safe and sick time to each employee, available immediately at hire and refreshed on the first day of each calendar year. This new unpaid leave may be used when an employee has exhausted his or her paid leave or does not yet have enough accrued paid leave hours, or if the employee specifically requests to use unpaid leave. Like paid leave, hours of unpaid safe and sick time used and available to the employee must be reported on pay statements provided to the employee each pay period. However, unused unpaid leave hours may not be carried over into the next calendar year. Unpaid leave may be used for any reason permitted under the ESSTA.

Expanded Use of Paid or Unpaid Safe and Sick Time

Besides the additional 32 hours of unpaid leave, the changes to the ESSTA further expand the reasons why employees may use paid or unpaid leave. As of February 22, 2026, Employees may also use safe and sick time for the following reasons:

• Caregiving: Employees who provide direct and ongoing care for a minor child or a care recipient may use available leave. A care recipient is defined as a person with disability (including temporary disability), who is either the caregiver’s family member or resides in the caregiver’s household and relies on the caregiver for medical care or to meet the needs of daily living.

• Subsistence benefits or housing: Employees may take time off to initiate, attend, or prepare for a legal proceeding or hearing related to subsistence benefits or housing-related legal matters, for themselves, their family member, or a care recipient (as defined above) or to take actions necessary to apply for, maintain, or restore subsistence benefits or shelter for the employee, covered relation, or care recipient.

• Workplace violence: Employees may take available leave in case of any act or threat of violence against the employee or the employee’s family member in their place of employment.

• Public disasters: Employees may use available leave when their place of business is closed due to a public disaster, when the employee must care for a child whose school or childcare facility is closed due to a public disaster or has restricted in-person operations due to a public disaster, or when a public official has directed people to remain indoors or avoid travel during a public disaster and this direction prevents the employee from coming to work.

Temporary Schedule Change Requests No Longer Mandatory

In view of the new additional 32 hours of unpaid leave and the expansion of the reasons for safe and sick time, employers will no longer be obligated to grant temporary schedule change requests as of February 22, 2026. Employees may still ask for a schedule adjustment for personal reasons, but employers are only required to consider the request and respond “as soon as practicable”. The employer may approve, deny, or suggest an alternative, as long as the employee is not penalized for making the request.

Incorporation of Paid Parental Leave into the ESSTA

The ESSTA amendments also incorporate New York State’s provisions regarding parental leave, which provide 20 hours of paid prenatal leave in any rolling 52-week period. The paid parental leave is separate from and in addition to the existing paid and the new unpaid safe and sick time entitlements.

Required Actions by Employers

The 2026 amendments to New York City’s safe and sick time law signal a shift toward broader employee protection. To remain compliant with the updated law taking effect as of February 22, 2026, employers should in particular take the following steps:

• Update safe and sick time policies to reflect the new unpaid leave bank and expanded use categories.

• Adjust payroll and HR systems so the additional unpaid leave hours are reflected accurately.

• Train HR and management staff on how the new categories of leave may be requested and approved.

• Inform employees of their updated rights, including how and when they can use both paid and unpaid leave.

If you have any questions about or would like assistance to make sure your company complies with these new leave provisions, please reach out to Orla McCabe at orla.mccabe@wg-law.com or 212-509-1910. 

This summary has been prepared for general informational purposes only and does not constitute legal advice. It is intended as a summary and does not contain all details applicable to the amendments to New York City’s Earned Safe and Sick Time Act.  This summary may be construed as attorney advertising.

Wuersch & Gering LLP Promotes Justin P. Lee to Partner

Monday, December 8, 2025

We are pleased to announce that Justin P. Lee has been promoted to Partner, effective January 1, 2026.

Justin advises international clients—particularly from Europe and Latin America—in complex U.S.-based commercial disputes and cross-border litigation. His practice encompasses high-stakes litigation, international arbitration, cross-border investigations, regulatory and sanctions matters, and enforcement of judgments and arbitral awards. By crafting bespoke dispute resolution strategies for clients with significant U.S. exposure and global operations, Justin serves as a trusted adviser to foreign businesses and individuals seeking sophisticated and commercially oriented counsel for disputes involving the United States.

For more information about Justin P. Lee: https://www.wg-law.com/our-attorneys/justin-lee

Wuersch Gering Ranked in Chambers Spotlight 2026 New York Guide

Wuersch Gering has been ranked in the prestigious Chambers Spotlight 2026 New York Guide for small and mid-sized firms. As part of Chambers’ comprehensive review of the legal market in New York, our firm has been recognized for its exceptional expertise in its Corporate/Commercial and Litigation practice.

In its Spotlight Guide, Chambers ranks outstanding boutique and mid-sized firms that deliver partner-level attention and cost-effective solutions for sophisticated legal work. This ranking is based on an independent and in-depth market analysis, coupled with an assessment of a firm’s experience, expertise, and caliber of talent. Wuersch Gering is proud to be recognized as one of these New York firms that combine personalized service and competitive rates with the sophisticated expertise typically associated with larger firms. The ranking reflects the talent of our professionals and their dedication to providing exceptional advice tailored to our clients’ specific needs.

Thilo C. Agthe Joins INTA’s Geographical Indications Committee

Thilo C. Agthe, partner in Wuersch Gering’s intellectual property group, has been appointed to the Geographical Indications Committee of the International Trademark Association (INTA) for the 2026-27 committee term. INTA is a global association of brand owners and professionals dedicated to supporting trademarks and complementary intellectual property (IP) to foster consumer trust, economic growth, and innovation, and committed to building a better society through brands. Members include more than 6,600 organizations, representing more than 38,000 individuals (trademark owners, professionals, and academics) from 182 countries, who benefit from the Association’s global trademark resources, policy development, education and training, and international network. Founded in 1878, INTA is headquartered in New York City, with offices in Beijing, Brussels, Dubai, Santiago, Singapore, and the Washington, D.C., Metro Area, and representatives in Nairobi and New Delhi.

Wuersch & Gering Represents Close-Up International in its acquisition of MobileDotRep

September 16, 2025 - Wuersch & Gering represented Close-Up International, a leader in AI-powered CRM market data and business intelligence solutions for the pharmaceutical industry based in Argentina, in its acquisition of MobileDotRep, a life sciences CRM solutions provider.

Wuersch & Gering’s team included Marco Palmese (M&A), Erik Tikannen (Corporate), and Orla McCabe (Employment).

W&G Moving Offices

Please be advised that effective August 1, 2025, Wuersch & Gering will be moving. Our new address will be:

Wuersch & Gering
Wall Street Plaza, 88 Pine Street, 20th Floor
New York, New York 10005

Telephone numbers and email addresses will remain the same.

Wuersch & Gering Represents Aebi Schmidt in the Completion of its Merger with The Shyft Group and Listing on Nasdaq

Wednesday, July 2, 2025

Wuersch & Gering represented Swiss specialty vehicle manufacturer Aebi Schmidt in the completion of its merger with The Shyft Group and the listing of the shares of the combined group’s holding company, Aebi Schmidt Holding AG (NASDAQ: AEBI), on the Nasdaq Global Select Market. The combined group is a world-class specialty vehicles leader with sales of approx. USD 2 billion per year and 70 locations worldwide.

Wuersch & Gering’s team was led by Jake Brown (corporate, securities) and included Daniel Wuersch (corporate), Travis Gering (corporate, securities) and Claudio Guler (corporate, securities). Baer & Karrer represented Aebi Schmidt as Swiss counsel. The Shyft Group was represented by Davis Polk and Lenz & Staehelin.

Amy Peterson and Claudio Guler Promoted to Partner, Michael Senzer Promoted to Counsel

Wednesday, January 1, 2025

We are pleased to announce that Amy Peterson and Claudio Guler have been promoted to Partner, and Michael Senzer has been promoted to Counsel, effective as of January 1, 2025.

Amy Peterson’s practice focuses on U.S. immigration and naturalization law. She represents international and domestic companies from a wide range of industries in matters concerning employment-based nonimmigrant visas, employment-based immigration, and permanent residence applications. Amy Peterson advises U.S. companies and their human resources representatives on immigration and I-9 compliance issues. She also assists individual clients with family-based immigration and U.S. citizenship matters.

For more information about Amy Peterson: https://www.wg-law.com/our-attorneys/amy-peterson

Claudio Guler is a corporate transactional attorney whose practice focuses on cross-border M&A and other investment transactions. He also advises clients on general corporate and commercial matters, and periodically assists foreign clients on investment recovery matters in the U.S. Clients seek out Claudio Guler for his strategic vision, structured yet pragmatic approach and dedication. He is fluent in German and Italian.

For more information about Claudio Guler: https://www.wg-law.com/our-attorneys/claudio-a-guler

Michael Senzer specializes in commercial litigation and arbitration. He represents foreign and domestic clients in litigation and alternative dispute resolution (ADR) proceedings involving many different areas of the law. He has helped clients successfully resolve complex disputes in several regions of the United States. He also advises clients on risk-management strategies, and counsels clients on best practices for efficiently resolving disputes while protecting their business interests. Michael Senzer is also a part of the firm’s intellectual property group, representing clients in trademark and copyright matters.

For more information about Michael Senzer: https://www.wg-law.com/our-attorneys/michael-j-senzer

Wuersch & Gering Advises on U.S. Aspects of Sale of Majority Stake in DEKOM AG

Wednesday, December 11, 2024

Wuersch & Gering advised the lead seller on U.S. aspects of the sale of the majority stake in DEKOM AG (“DEKOM”), a leading IT company providing audiovisual conferencing and collaboration solutions to its more than 60,000 customers worldwide. DEKOM is currently present in multiple locations in Europe – Germany, Spain, the Netherlands, Belgium and Switzerland, and the U.S. This acquisition aims to strengthen DEKOM’s position as a market leader in audio and video technology through its various service and license offerings. Poellath acted as the lead counsel to the sellers.

Wuersch & Gering’s team included Daniel A. Wuersch, Rowena Dungca and Derya Lane.

Wuersch & Gering Represents Aebi Schmidt in its Merger with The Shyft Group

Monday, December 16, 2024

Wuersch & Gering advised Aebi Schmidt Group in its agreement to merge with The Shyft Group (NASDAQ: SHYF) in an all-stock transaction anticipated to close by mid-2025.  The transaction requires approval by The Shyft Group shareholders and regulatory clearance.  Upon the closing, the combined company will be listed on Nasdaq.  The merger marks a milestone in Aebi Schmidt Group’s strategic expansion following its acquisitions in the North American market of Monroe Truck Equipment in 2021, M-B Companies in 2018 and Meyer Products and Swenson Spreader in 2015, in which Wuersch & Gering previously advised Aebi Schmidt Group. 

Wuersch & Gering’s team included Daniel Wuersch (corporate), Travis Gering (corporate, securities), Jake Brown (corporate, securities), Claudio Guler (corporate) and Aafke Pronk (corporate*).  Baer & Karrer represented Aebi Schmidt Group as Swiss counsel.  The Shyft Group was represented by Davis Polk and Lenz & Staehelin.

* Not admitted in NY

David T. Azrin Joins Wuersch & Gering

Monday, April 1, 2024

We are pleased to announce that David T. Azrin has joined our firm as a Partner in our Intellectual Property, Corporate, Litigation and Employment groups.

David Azrin’s practice focuses on franchising, licensing, and distribution.  He provides guidance to domestic and international franchisors with respect to preparing their franchise agreements, master franchise agreements, and franchise disclosure documents, obtaining necessary state franchise registrations, registering client trademarks and protecting their brands, counseling clients on employment law issues, and resolving disputes with franchisees. 

In the area of trademarks and copyrights, he handles trademark and copyright registrations and trademark litigation.  In the area of employment law, he advises clients on wage laws, discrimination laws, non-compete agreements, employment and severance agreements, policy manuals, and handles employment litigation.   His commercial litigation experience includes 12 jury trials, as well as numerous arbitrations, mediations, and appeals. 

David has the highest AV-rating by the Martindale-Hubbel peer review rating system.   David has been named for the past ten years as a New York City “Super Lawyer” in franchise and distribution law, and a top rated “Legal Eagle” by Franchise Times magazine.   David is currently the chair of the New York State Bar Association Business Law Section Committee on Franchise, Licensing and Distribution.

Prior to joining the firm, David was an equity partner at Gallet Dreyer & Berkey LLP in New York City for 21 years.  David started his career as a litigation associate at Greenberg Traurig in Miami, Florida.  He worked as a summer associate at Paul Weiss in New York City, and at Goodrich Riquelme in Mexico City.

David holds an A.B. from Stanford University and a J.D. from University of Michigan Law School.

David can be reached at david.azrin@wg-law.com or +1-212-509-4745.

Michael J. Brown Joins Wuersch & Gering

Monday, April 1, 2024

We are pleased to announce that Michael J. Brown has joined our firm as Senior Counsel in our Intellectual Property & Information Technology Department.

Michael’s practice focuses on patent, trademark, and copyright prosecution, transactions involving various intellectual property assets and intellectual property litigation. He has filed or directed the filings of more than 2000 patent, design and trademark applications in the US and jurisdictions world-wide.  Michael has handled a variety of intellectual property disputes in patents, trademarks, copyrights, trade secrets, domain names and rights of privacy and publicity, ranging from initial investigation of infringement through resolution. Michael has represented clients in litigation in U.S. Federal district and appellate courts, trademark inter partes proceedings and domain name dispute arbitration. Michael served in a variety of functions in corporate, licensing and restructuring transactions, addressing issues including confidentiality agreements, asset due diligence, purchase agreement negotiation, privacy issues, material transfer agreements, licensing agreements, university licensing agreements, software development agreements, joint venture agreements, and transition services agreements.

He holds a B.A. from Colgate University and a J.D. from Benjamin N. Cardozo School of Law.

Michael has been peer-rated as a New Jersey “Super Lawyer” in intellectual property law from 2022 through 2024.

Michael can be reached via email at michael.brown@wg-law.com.

Wuersch & Gering Represents Bosch Growers in its acquisition of AppHarvest Pulaski Farm

December 1, 2023 - Wuersch & Gering represented Bosch Growers, a prominent controlled environment agriculture company based in the Netherlands, in its US expansion through a Section 363 bankruptcy sale acquisition of AppHarvest Pulaski Farm, and the related financing aspects.

Wuersch & Gering’s team included Marco Palmese (M&A),  Stephen McNally (Bankruptcy),  Claudio Guler (Corporate), David Schumeister (Real Estate) and Orla McCabe (Employment).

U.S. Data Privacy Update Webinar

Thursday, September 21, 2023
8 a.m. EST/14:00 hrs. CET

On Thursday, September 21, 8 a.m. EST, 14:00 hrs. CET, Wuersch & Gering LLP (WG) will hold a U.S. Data Privacy Update webinar focused on the concerns of its international clients with subsidiaries in the U.S. Carl van der Zandt, partner at WG, will discuss compliance with U.S. data privacy law with Rowena Dungca, senior counsel at WG serving many international clients on a variety of matters, including US data privacy, and Paula Bruening, counsel focusing on data privacy at WG and former Global Director of Privacy Policy at Intel Corporation.

If you would like to attend this free webinar, please email Rachelle Saint-Firmin at rachelle.saintfirmin@wg-law.com no later than Friday, September 16, 2023.

Wuersch & Gering Represents Motorex in its Acquisition of the Business of Intercontinental Lubricants, Corp. (d/b/a Spectro Oils)

March 3, 2023 – Wuersch & Gering represented Motorex in its acquisition of the business of Intercontinental Lubricants, Corp. (d/b/a Spectro Oils) based in Brookfield, Connecticut. Founded in 1917, Motorex is a globally active Swiss manufacturer of lubricants for motorcycles and other recreational vehicles, bicycles and industrial applications. Prior to its acquisition, Spectro was a family-owned and operated manufacturer of engine oil lubricants with a longstanding presence in the motorcycle market. Motorex has been selling into U.S. market for over 25 years and with this acquisition, it has established its first production facility in the U.S. The transaction closed in late February 2023. Wuersch & Gering’s team included Daniel Wuersch and Claudio Guler (Corporate), Thilo Agthe (IP), David Schumeister (Real Estate) and Christopher Carpentieri (Environmental).

Wuersch & Gering Represents Dietzgen Corporation in its Acquisition of the Assets of Visual Imaging Products

(January 3, 2023) Wuersch & Gering represented Dietzgen Corporation (based in Florida), which is part of the Sihl Group, in its acquisition of the business activities and the assets of Visual Imaging Products, Inc. (based in California). Dietzgen Corporation is a leading provider of converting and distribution services for digital print media including papers, films and textiles in the U.S. For more information, see https://sihl.com/en/newsroom/press-release/sihl-gruppe-baut-geschaeft-in-den-usa-weiter-aus/. Wuersch & Gering’s team included Christophe Durrer, Larissa Simeon (Corporate), Berwin Cohen (Tax) and Orla McCabe (Employment).

Wuersch & Gering Represents ARC Group Worldwide, Inc. in its Business Combination with RM2 International S.A.

Wuersch & Gering represented ARC Group Worldwide, Inc. (“ARC”) in its reverse acquisition business combination with RM2 International S.A. (“RM2”) which closed on February 1, 2022.RM2, a Luxembourg corporation, is the owner and operator of the BLOCKPal, a technologically advanced, hygienic, ESG friendly, composite pallet that is leased to a Tier 1 customer base. RM2 provides its customers with end-to-end logistics Intelligence Optimization & Tracking (RM2 ELIoT) IoT technology for pallet traceability, delivering real-time actionable insights and powerful data to improve the supply chain visibility to the manufacturing and distribution businesses it serves. RM2 launched the smart reusable pallet revolution by embedding autonomous IoT sensor technology in its pallets.  The BLOCKPal pallets are provided to customers across a range of industries, with a particular focus on those where hygiene and traceability are of critical importance.Immediately preceding the combination with RM2, ARC sold all of its legacy businesses and assets to ARC Acquisition Corp.  The RM2 business now constitutes the sole business of ARC.For more information, see:https://www.globenewswire.com/news-release/2022/02/03/2378055/0/en/ARC-Group-Worldwide-Inc-Announces-the-Closing-of-the-Business-Combination-With-RM2-International-S-A.html. Wuersch & Gering’s team included Travis L. Gering, Jake Brown, Janet Murtha, Erik Tikkanen, Samara Finckenauer and Tiffany Tsai (Corporate) and Berwin Cohen (Tax).

Wuersch & Gering Represents Sihl GmbH in its Acquisition of Dietzgen Corporation

(January 8, 2022) Wuersch & Gering represented Sihl GmbH in its acquisition of Dietzgen Corporation based in Florida. Sihl GmbH -- which is part of the Sihl Group - develops, produces, and markets media for large-format digital color printing applications. Dietzgen Corporation is a leading provider of converting and distribution services for digital print media including papers, films, and textiles in the U.S. market. For more information, see https://sihl.com/en/newsroom/press-release/sihl-group-acquires-dietzgen-corporation-to-become-a-leading-high-end-coated-print-media-supplier-in-the-us/?nonitro=1. Wuersch & Gering’s team included Christophe Durrer, Rowena Dungca (Corporate), Berwin Cohen (Tax), Orla McCabe (Employment) and Tiffany Tsai (Corporate).