Latest News

Eric Rose comments on Myanmar Central Bank's latest moves - November 14, 2018

Hopes are once again rising for trade finance in Myanmar after the country’s central bank issued a notification that all branches of foreign banks now have the right to provide financing and other banking services to local businesses.

This follows an announcement last December that the 13 foreign banks in the country, among them ANZ Bank, Industrial and Commercial Bank of China and MUFG Bank, would be allowed to provide export financing, albeit only to foreign entities and in foreign currencies, and would seem to indicate that the country’s trade finance sector is finally opening up.

Myanmar’s domestic exporters have long been thwarted in their attempts to finance trade. With local banks only able to issue loans against collateral and foreign banks prohibited to lend to them, any trade or project finance by international banks in Myanmar has, to date, been done offshore by opening letters of credit through brokers in offshore centres such as Singapore and Hong Kong.

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He drank serpent blood in Vietnam and had armed guards in Bulgaria. Bringing U.S. investors to Myanmar was ‘a bridge too far - March 16, 2018

I have done things in my life that may have been slightly crazy. But I always believed in the purpose of what we were doing.

In 2013, Eric Rose opened the first American-owned law firm in Myanmar and invited 500 diplomats, politicians and business leaders to a luxury hotel to celebrate.

The country had long been one of Asia's most isolated economies, but a transition from military rule to democracy held the promise of major investment by U.S. companies — and plenty of legal work to guide those transactions.

That promise has been slow to materialize, and last month, after nearly five years, Rose handed off his clients, closed shop and let employees take home the office furniture.

Rose's departure was the latest sign of how Myanmar has lost its luster for U.S. investors, who say the military has relinquished little power and Aung San Suu Kyi's democratically elected government has failed to loosen the grip that army generals and their cronies retain over key industries.

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Eric Rose is quoted in Frontier Myanmar on the Rakhine crisis.- Marc 4, 2018

The government must lift the ban on media access and ensure that the repatriation of refugees is acceptable to the international community.

HRMR’s lead director, Mr Eric Rose, was quoted as saying there were three main reasons that influenced the decision to close shop in Myanmar. In lengthy interviews with Asia Times and Myanmar Times, he cited government inaction on the economy, the Rakhine crisis, and remaining US financial sanctions together with the suspension of the European Union-Myanmar investment protection agreement.

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Eric Rose is quoted by Voice of America on the closing of the HRMR office - Feb 28, 2018

YANGON — Reports of massacres and the displacement of close to 700,000 Rohingya have chilled relations between Myanmar and its Western partners but the crisis has not reversed the country’s long-term economic outlook.

Myanmar’s brand as a “frontier” destination for Western investment took a knock earlier this month with the exit of a disgruntled U.S. law firm, while doubts grow over the government’s ability to implement business-friendly reforms.

Some analysts say the crisis in Rakhine State is taking an economic toll and hurting the government’s efforts to attract more balanced foreign investment after years of over-reliance on China.

The government’s belligerent approach to Western criticism over the Rohingya crisis has allowed China to win back ground lost since Myanmar began to liberalize, economically and politically, after 2011. It remains the country’s largest trading partner, with Singapore now the largest investor. The U.S. and European countries trail far behind.

Eric Rose, lead director of New York-based Herzfeld Rubin Meyer & Rose, announced this month that the firm was leaving after five years in Myanmar, and cited stalled economic reforms. He had lobbied for the lifting of sanctions and for an American investment rush that never came.

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A vote of no confidence from Myanmar’s oldest US law firm - Feb 12, 2018

The govt has published a 12-page economic policy paper 18 months ago. Since then ... nothing!" Eric Rose said.

NEW York-based Herzfeld & Rubin PC (H&R) was the first American law firm to set up a base in Myanmar back in 2013, its team made up of advisers to the ex-president U Thein Sein and State Counsellor Daw Aung San Suu Kyi. But due to the combination of government inaction, the Rakhine crisis and US financial sanctions, the firm is now packing its bags. On February 1, Herzfeld Rubin Meyer & Rose Law Firm Limited (HRMR), the Myanmar office affiliate of H&R, announced that it would shut down by the end of this month.

In an interview with The Myanmar Times, HRMR lead director Eric Rose explained why he no longer has confidence that Myanmar’s economic reforms would recover lost ground after almost two years of stagnation under the National League for Democracy-led government. In the past, he had tirelessly promoted US investments in Myanmar. Nevertheless, American investments into the country have lagged behind neighbouring Vietnam and Thailand.

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Experts divided over ramifications of Belt and Road courts on Myanmar - Feb 2, 2018

CRITICS questioned Beijing’s decision to set up three commercial courts in China to resolve Belt and Road-related project disputes, arguing that legal disagreements involving transnational investors should be settled in host states or third-party territories. An academic further lambasted such arrangements as “essentially tools for corporations to restrict access to justice” which will erode community rights, Nay Pyi Taw’s right to regulate as well as Myanmar’s sovereignty.

However, other lawyers welcomed the development and were confident that the new courts would be “neutral and fair” and would facilitate BRI expertise, saying that the mechanism is “ultimately a matter of convenience.”

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Eric Rose comments on economic developments in Romania - Jan 17, 2018

Romania had a very stable economy a year ago, but now they’re going head-first into high government spending, which could easily go out-of-control

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New Companies Law a game changer for bourse - Dec 8, 2017

The enactment of the new Myanmar Companies Law will bring about change for local companies listed or planning to list on the Yangon Stock Exchange (YSX), leading to further development in the economy.

Under the new Companies Law, which was officially signed into legislation by President U Htin Kyaw on Wednesday, foreigner investors will now be permitted to take up to a 35 percent stake in local companies. It also stipulates that businesses with foreign stakes of more than 35pc will be classified as foreign companies.

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Eric Rose comments on DICA Announcements concerning the employment of foreign experts in Myanmar - Nov 1, 2017

ELEMENTS of the draft foreigner laws are back, in another form, to haunt businesses and investors. The government’s newly expanded requirements on hiring foreign employees have been criticised as “burdensome and disruptive” and “another incarnation” of the draft foreigner laws which were submitted to the legislature in February. A leading legal expert has described the changes as “a possibly good intention” which “has gotten lost in a bureaucratic regulatory nightmare without any sunshine ability to improve the draft regulations”.

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Change in fiscal year insufficient to address shortfalls in budget process" - Oct 20, 2017

While seen as positive, Nay Pyi Taw’s proposed change of fiscal year alone cannot address the lack of flexibility in the annual budgeting process, according to businesses. The adoption of multi-year budgeting should be implemented instead.
Lawyers, investors and financiers told The Myanmar Times that while changing the fiscal year could bring some advantage to the economy, changing the dates without improving the budgetary process or tax approach does not solve the major problems faced by the private sector.

Last week, the government proposed to adopt an October 1-September 30 timeframe beginning from the 2018-19 fiscal year, while keeping the outdated single-year budgeting system. This would place Myanmar’s fiscal year in line with that of the US, Thailand and Laos.

A fiscal year is a period that a company or government uses for accounting purposes and preparing financial statements. Dating back to 1974, Myanmar’s current fiscal year starts from April 1 and ends on March 31.

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Myanmar mulls reforms to meet infrastructure funding" - Sep 14, 2017

YANGON -- With Myanmar mired in the Rohingya humanitarian crisis and few signs of any short-term solution, Aung San Suu Kyi's government is struggling to maintain recent efforts to shore up the economy as uncertainty assails investment confidence and domestic sentiment.

The government is facing an international outcry over its handling of the Rohingya refugee crisis, triggered by the brutal military response to attacks on police and military facilities in the country's western Rakhine State by Rohingya militants on Aug. 25. Further pressure on Naypyitaw is likely to result from the United Nations General Assembly which opened this week in New York. Some countries are contemplating a resolution critical of Myanmar's handling of the Rohingya refugee crisis....Read more

Rohingya conflict dims Myanmar's business picture - Sep 7, 2017

The military's crackdown on minority Muslims is throwing a damper on investment

BANGKOK/YANGON In the shiny new shopping malls and trendy restaurants of Myanmar's commercial hub of Yangon there is no sense of the fear and mayhem gripping the country's western Rakhine State.

The only focus on what the United Nations Secretary-General Antonio Guterres labeled an emerging "humanitarian catastrophe" are headlines and lurid photos emblazoned across local newspapers about threats to the country from a new transnational "Bengali terrorist" organization. ....Read more


Suu Kyi’s fading allure repels foreign investors - Sep. 6, 2017

Laggard market reforms, rising political instability and incipient economic nationalism have all conspired against a democracy-driven economic boom in Myanmar.....Read more

Eric Rose comments on the continued applicability to Myanmar of US financial sanctions - Jul 18, 2017

Last September 14, while Myanmar’s de facto leader Aung San Suu Kyi was visiting Washington, President Barack Obama announced with considerable hoopla that the United States was lifting its remaining sanctions on Myanmar. Today, nearly nine months later, American companies trying to operate in Myanmar are still hobbled by sections 311 and 312 of the USA Patriot Act, which deal with money laundering and terrorist financing and impose stringent due diligence requirements.....Read more

No US rush to Myanmar despite end to sanctions - April 18, 2017

America may have scrapped its major sanctions against emerging outsourcing centre Myanmar, and brought back the southeast Asian country's GSP (Generalised System of Preferences) access to US markets, but the impact on the clothing trade has so far been underwhelming.

Apparel factory owners in Myanmar say American buyers have simply not materialised in the numbers that some expected. "We welcome buyers from Europe and Japan into my factory nearly every day," said one garment businesswoman, who requested anonymity. "In fact, we are close to exporting as much to Europe as to Japan. But I haven't had one American visitor since the sanctions removal."....Read more


NLD’s one year anniversary: no systematic consultation dampens investor confidence  - April 1, 2017

“Bliss was it in that dawn to be alive,” wrote William Wordsworth of the terrors of the French Revolution. The sentiment was not much different a year ago in Myanmar, where many were anxious about the transition, which was less tumultuous than one might anticipate. But the new government has yet to deliver effective changes.

“Generally, the pace of economic reform has been slow and below market expectations … the Myanmar government realises the importance of accelerating this, although policy changes in this regard have so far also failed to match or exceed expectations,” William Greenlee, managing director of DFDL’s Myanmar office, told the Myanmar Times.. ....Read more


Risks remain for US companies in Myanmar  - Feb 21, 2017

The removal of nearly all economic sanctions imposed on Myanmar's previous military regime has not yet sparked an inrush of US investment

The surprise US decision to lift economic sanctions on Myanmar in October was hailed as a landmark step in the march from decades of near-isolation — and as a boon for American companies seeking to tap a big market where many had feared to tread. But critics say the move also had a darker side: it freed up the sprawling commercial interests of a military that ruled for almost 50 years.. ....Read more


No democratic dividend for Myanmar’s frontier markets  - Feb 20, 2017

Myanmar's transition from military to democratic rule was supposed to spark an FDI bonanza. Capital commitments to date have been a trickle not a flood

Myanmar’s elected government under de facto leader Aung San Suu Kyi is fast approaching its first anniversary in office on April 1, providing an opportunity to assess its overall economic performance. On the foreign direct investment front, the results have so far been mixed... ....Read more


Myanmar: the military-commercial complex  - Feb 6, 2017

The emerging market tempts multinationals but groups with links to the army loom large.

The surprise US decision to lift economic sanctions on Myanmar in October was hailed as a landmark step in the march from decades of near-isolation — and as a boon for American companies seeking to tap a big market where many had feared to tread. But critics say the move also had a darker side: it freed up the sprawling commercial interests of a military that ruled for almost 50 years.. ....Read more


Myanmar’s new FDI law levels the field - Dec 29, 2016

Foreign and domestic investors alike have welcomed new legislation on doing business in Myanmar.

On October 18 Myanmar president Htin Kyaw approved the Myanmar Investment Law (MIL), due to come into effect by April 1. The MIL will replace the Foreign Investment Law (FIL - 2012) and Myanmar Citizen Investment Law (MCIL – 2013) for all new applications. The new law has been well received by both the foreign and domestic business communities for levelling the playing field between the two.

The MIL reflects the priorities to the new government under the National League for Democracy (NLD) – the party of Aung San Suu Kyi – which won the November 2015 general election and came to power in March 2016. For example, the Myanmar Investment Committee (MIC) will hand out tax incentives to projects based on their location to encourage investments in the country’s poorest areas. Projects in Zone 1 (least developed) will get a seven-year income tax exemption, while those in Zone 2 (moderately developed) get five years and in Zone 3 (adequately developed) get only three years. MIC priority sectors will be infrastructure and labour-intensive industries. Myanmar’s lack of basic infrastructure, such as electricity, roads and ports, is deemed a major inhibitor to FDI.

Tough restrictons

Although the MIL has done much to level the field for FDI, more is still required. For instance, foreign entities are still penalised by Myanmar’s 1987 Property Law, which prohibits foreigners from owning land and limits them to one-year leases. “I would say that one of the major inhibitors to foreign investment in Myanmar has to do with the ownership and of use of the land. As a foreigner, without MIC approval, you are only allowed to rent year to year,” says Eric Rose, director of Herzfeld Rubin Meyer & Rose, the first US law firm to set up in Myanmar.  If MIC-approved, however, foreign investments can rent land for up to 70 years.

Another discriminatory law is the Companies Act, which defined a company as “foreign” if it has foreign ownership of 1% or more. Foreign companies cannot borrow from the foreign bank branches based in Myanmar, and are penalised by the Property Law. There are hopes that an amended Companies Act would allow increased foreign holdings of up to 49% to still qualify as a local firm, thereby encouraging joint ventures.


Goodbye Burma Sanctions? Welcome GSP!  - Dec 8, 2016

Myanmar exporter should undertake due diligence research on U.S. importer: reliability reputation, quality, time, experience and references. Also, which kinds of markets do they serve: large or small, regional or national, and what logistical and transportation resources they have. Determine what the relationship will be: distributor, agent, partner, joint venture, etc. Finally, look at banking references.

Read the full presentation at:  HRMR-AMCHAM_THAILAND_U.S._BurmaSanctionsPresentation.ppt

read the full presentation at:HRMR-AMCHAM_THAILAND_U.S._BurmaSanctionsPresentation.ppt

It’s time for the US to treat Myanmar fairly - Dec 6, 2016

WHEN UNITED States President Barack Obama lifted most sanctions on Myanmar in October, many saw it as a breakthrough for the country’s economic future. But Rose – a long-time critic of sanctions – argues that the prohibitions that remain in place are problematic and hard to justify given the dubious democratic credentials of many of Myanmar’s neighbours. He spoke to Frontier contributor Peter Janssen about sanctions as the US prepares to enter the Donald Trump era..

What sanctions still remain against Myanmar? By this past May, the Obama administration had exempted all Myanmar banks from US financial sanctions, but what it did not do was to exempt the country from the provisions of sections 311 and 312 of the USA Patriot Act. What those provisions provide for has to do with the laundering of money and terrorist financing, and they impose extraordinary requirements of enhanced due diligence on financial institutions dealing with the country. ....Read more


US senators push for softening on Myanmar policy - Sept 15, 2016

A new bill was put forward in the United States Senate yesterday calling for an updated approach to Washington’s Myanmar foreign policy that balances human rights concerns while providing for the Southeast Asian nation’s economic development.

The move came amid speculation about sanctions-related announcements ahead of State Counsellor Daw Aung San Suu Kyi’s landmark meeting with President Barack Obama this week....Read more


Business community pins sanction hopes on State Counsellor’s visit to US - Sept 14, 2016

With State Counsellor Daw Aung San Suu Kyi set to meet US President Barack Obama in Washington today, many in Myanmar’s business community will be watching closely. The two are set to discuss US sanctions that have been in place for decades, and that investors are rearing to have removed.

Businesses have long called for lifting sanctions they say cripple the economy, with an adverse impact stretching beyond those companies and individuals blacklisted. Rights groups insist that targeted sanctions must remain to curb rights abuses by the Tamadaw and to apply pressure on the military’s hold over the 2008 constitution....Read more


Factbox: Sanctions on Myanmar in spotlight as Suu Kyi visits U.S - Sept 12, 2016

The United States is expected to further ease sanctions against Myanmar during this week's visit to the White House by leader Aung San Suu Kyi in recognition of recent reforms in the once isolated country.

U.S. National Security Adviser Ben Rhodes said last week sanction relief would be a focal point of Suu Kyi's visit on Wednesday and Thursday and the United States needed to make sure that Myanmar's new government presented a "democratic dividend" to its people...Read more


US hikes investment ceiling for Myanmar reporting - May 20, 2016

The US intends to raise the minimum amount of investment that triggers reporting requirements for its firms in Myanmar, although there are doubts that the move would trigger much of an increase in investment.

Senior US administration officials said on May 17 that as part of actions to help trade, investment and the new government, the US would raise the reporting threshold for “aggregate new investment” from US$500,000 to $5 million...Read more

Financial system to struggle despite sanctions relief - May 19, 2016

Amendment to US sanctions against Myanmar aimed at supporting economic growth still leave an array of barriers to trade between the two countries.

Effective yesterday, the United States removed three state-owned banks from its blacklist of Specially Designated Nationals (SDNs), and added two military-owned lenders to a general licence that allows financial transactions with those banks....Read more


Investment in Myanmar: A New Era - A webcast featuring U Kyaw Hoe - Apr 18, 2016

On  April 18 , the U.S. Chamber of Commerce and the AMCHAM Myanmar Chapter of AMCHAM Thailand hosted a webcast featuring U Kyaw Hoe, Chief Counsel for the NLD and member of the NLD Central Committee.


US unlikely to lift sanctions in 2016 - March 7, 2016

Despite boasting a new democratically elected government that enjoys enormous popular support, Myanmar looks unlikely to shed the US sanctions that have restricted the country for decades, according to experts familiar with the sanctions program...Read more

Broken justice - Jan 20, 2016

Expectations are high among the legal fraternity that the change of government in April will lead to far-reaching reforms in a justice system that is decrepit, crooked and in the pocket of the military..Read more

Whither US sanctions in 2016? - Jan 7, 2016

A decision by the United States to lift remaining sanctions against Myanmar would be a boost for the incoming NLD government but a key factor in any US move will be the politics of its presidential election..Read more


‘Who are these sanctions helping, and who are they hurting? - Dec 14, 2015

Eric Rose is the lead director of Herzfeld Rubin Meyer & Rose, which describes itself as the “first American law firm to open a law office in Myanmar.” Since July 2013, the firm has offered a range of legal services and maintains a pro-bono practice. Mr Rose has risen to prominence for helping Americans to navigate the financial sanctions regime the United States maintains against Myanmar, including a high-profile suit against U Tay Za’s Htoo Group on behalf of an American couple injured in the Air Bagan crash at Heho airport on Christmas Day 2012. He spoke with Frontier about US-Myanmar relations and Washington’s unique sanctions regime, of which he is a vocal critic...Read more


Peaceful Transition Likely for Myanmar; Military to Remain a Force - Dec 10, 2015

The final tally in Myanmar’s landmark elections is not due for another week. Yet the opposition National League for Democracy has pulled so far ahead that the focus has already shifted to the dynamics between its leader, the hugely popular Aung San Suu Kyi, and the military, which has ruled the country either directly or indirectly for over half a century....Read more

A Small Firm For VW's Big Problems - December 1, 2015

<b>ON THE DEFENSIVE:</b> Volkswagen A.G.’s offices in Wolfsburg, Germany. VW faces 400 suits.
To defend itself in the biggest court ­battle in company history, Volkswagen A.G. has gone small.

Herzfeld & Rubin, Volkswagen's choice for lead counsel to handle more than 400 class actions filed over the emissions scandal, is a 66-lawyer New York law firm — tiny compared with the bulwarks Toyota Motor Corp. and General Motors Co. hired in litigation over recent safety recalls: Chicago's Kirkland & Ellis, with 1,576 lawyers, and Atlanta's Alston & Bird, with 759 lawyers....Read more


November 11, 2015

Eric Rose, Lead Director of HRMR, comments on the pre-election foreign investment climate in Myanmar.

November 10, 2015


Any doubts about Aung San Suu Kyi’s popularity in Burma were quashed on Sunday: her huge rally in Rangoon had the mood of a victory celebration. “There’s no need to vote,” someone shouted from the stage, “we’ve already won!”

Ms Suu Kyi’s message was the opposite: it was the duty of all to vote for the National League for Democracy (NLD), she said, regardless of the qualities of individual candidates. <<Read more>>

September 1, 2015


YANGON, Myanmar—Many people thought this would become one of the hottest new markets for American capital a few years ago, when the country began opening to the West after decades of military rule.

Instead, Myanmar has been a letdown for many investors—especially Americans. Many have already pulled out after opportunities failed to materialize. <<Read more>>

August 8, 2015

Our colleague, Mr. Ioan Baciu, in the Bucharest office, has been named an Associate Researcher at the Center for Good Governance Studies, a prestigious interdisciplinary research unit within the Public Administration Department of the Faculty of Political, Administrative and Communications Sciences of Babes Bolyai University, Cluj-Napoca, Romania where, together with the other researchers and experts, he will provide valuable input regarding the interface of regulations, state aid, competition law and procurement law. He will focus on the dynamics of good governance principles and transparency in public administration in the context of different legal institutions, predominantly with regard to public procurement and public private partnerships.

June 20, 2015

American banks continue to hesitate on money transfers to and from Myanmar, despite the removal of most sanctions on finance in 2012 and 2013.

Businesspeople say that while there are now few explicit rules preventing transfers, a fear of sanctions and a shallow understanding of the local market prevents the movement of money between Myanmar and the world’s largest economy. <<Read more>>

June 10, 2015

YANGON — Imagine for a moment a billboard in downtown Yangon that reads “Kandawgyi Fried Chicken… It’s finger lickin’ good!”

Kentucky Fried Chicken will soon enter Yangon’s fast food market, and you can be sure the company will be concerned about preventing any upstart business using words or images similar to its trademarked brand.

But at present, it is not clear what any legal measures might be, as the legal framework covering intellectual property rights (IPR) in Myanmar is virtually nonexistent.

Amid the general excitement over potential new investment opportunities in “Asia’s last frontier market,” there have been increasing calls for the Myanmar government to hasten the establishment of a new IPR protection framework.

The Ministry of Science and Technology has committed to rolling out a comprehensive set of IPR laws by the end of 2014. <<Read more>>

May 7, 2015

YANGON -- US move could signal softening on Myanmar blacklist
Just two weeks before President Barack Obama paid his second visit to Myanmar last November, the U.S. Treasury announced that Aung Thaung, a parliamentarian in Naypyidaw's lower house, had been added to its Specially Designated Nationals list. The U.S. considers those on the list to have links to terrorism, drug running or human rights violations, and bars American companies and individuals from doing business with them. ...
<<Read more>>

April 28, 2015

US removes sanctions on top Myanmar tycoon
One of Myanmar’s highest profile tycoons has been unshackled from US sanctions as Washington attempts to bridge the demands of human rights activists and multinationals clamouring to do business in the fast-opening frontier market..
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September 26, 2014

Myanmar's Small Businesses Targeted by World Bank Lending:

NAYPYITAW, Myanmar—The International Finance Corp., the World Bank group's private-sector arm, will provide Myanmar's Yoma Bank with a $5 million loan to help finance capital-starved small and medium-sized enterprises in the country.
<<Read more>>

September 24, 2014

Myanmar investment outreach forum to be organized in New York:

The Myanmar Investment and Tourism Forum is a unique chance to learn about opportunities in Myanmar – Asia’s last frontier.
<<Read more>>

August 09, 2014

Air Bagan settles crash as U Tay Za mulls its futur
Air Bagan has settled with two American citizens injured in the 2012 crash at Heho airport, in what the Americans’ legal counsel claims may be the largest settlement ever in Myanmar..
<<Read more>>

August 07, 2014

Burma’s Bumpy Road
How two unlucky Americans found themselves at the mercy of Myanmar’s unfinished revolution.
<<Read more>>

July 28, 2014

H&R’s Eric Rose, Lead Director of Herzfeld Rubin Meyer & Rose, has spoken in July at the first-ever webinar on Myanmar organized by The Knowledge Group, an event co-sponsored by HRMR. Besides Eric, the speakers included representatives from the U.S. State Department, the U.S. Chamber of Commerce, the General Electric Company and APR Energy. <<Watch here the webinar>>

April 24, 2014

H&R’s Eric Rose, Lead Director of Herzfeld Rubin Meyer & Rose, speak at the US Chamber of Commerce first-ever webinar on Myanmar co-sponsored by HRMR. Besides Eric, the speakers include representatives of Coca-Cola, GE and Holloman.  <<Watch here the webinar>>

March 28, 2014

Shedding Some Light on the Blacklist
RANGOON — Although most economic sanctions applied by the United States against Burma have been suspended, a number of businesspeople and companies with ties to the former military regime, or to arms or drug trafficking, remain sanctioned ... Read more>>

January 9, 2014

In Burma, a former rebel now fights for peace
RANGOON, Burma — The crowd that gathered to launch an American chamber of commerce in Burma in late October included diplomats, local entrepreneurs and Western business officials eyeing Asia’s newest “frontier market.”

It’s safe to say that Ngun Cung Lian — managing director of the Herzfeld, Rubin, Meyer & Rose law firm in Rangoon and part-time peace negotiator — was the only person at the upscale hotel event who had spent the early 1990s fighting the Burmese army.

“Fortunately, I survived,’’ he said. “A lot of my friends were killed.’’ Read more>>

December 17, 2013

American Law Firm Grows Opportunities In Myanmar
The law firm of Herzfeld, Rubin, Meyer & Rose Limited (HRMR) announced itself as the first 100% American owned law firm in Myanmar on July 29, 2013. While the United States has reduced the number of sanctions it has against the former nation of Burma in the past year, there are many U.S. sanctions still on the books that make it more difficult for American companies to do business in Myanmar than companies of any other country. I had a series of conversations with Eric Rose of HRMR about his parent law firm’s global brand, its specialty in emerging and frontier markets and why it has chosen Romania and Myanmar as its two outposts in these markets... Read more>>

October 29, 2013

Eric Rose and Ian Ceresney were quoted in a story published by Law360 on the opening of Herzfeld, Rubin Meyer & Rose Law Firm LTD in Myanmar... Read more

October 25, 2013

On June 4th, 2013, Eric C. Rose made a presentation in favor of the granting of GSP status to Myanmar at a hearing in front of the Office of the U.S. Trade Representative (USTR)-chaired Generalized System of Preferences (GSP) Subcommittee of the Trade Policy Staff Committee, in Washington, DC. Previously, Mr. Rose had submitted a supporting brief, which can be found here. After the hearing, at the request of the Subcommittee, Mr. Rose submitted a post-hearing Brief, which can be found here. For a transcript of Mr. Rose's remarks, see here.

October 25, 2013

Herzfeld & Rubin PC announced today that on July 29th, 2013, it became the first American law firm to open a law office in Myanmar, as well as the first U.S. investor in the professional services industry to hold a 100% ownership interest under the new 2012 Myanmar Investment Law. The new law office, which is staffed by both American and Myanmar attorneys, is named Herzfeld, Rubin, Meyer & Rose Law Firm LTD (HRMR) and is located in Yangon, Myanmar... read more

October 2, 2013

On September 20, 2013 Lydia Ferrarese spoke at the Annual Conference of AIGLI, the International Association of Italian Speaking Lawyers which took place in Verona, Italy. The topic of the Conference was The Class Action. Lydia spoke about US law.

March 15, 2013

On April 16, 2013 Gisella Levi Caroti will be the speaker for the United States at a conference organized by EURODEFI, a professional organization of Italian tax, legal & financial advisors. The conference will take place at the University of Bologna, Italy. Mrs. Caroti will be speaking on How to Do Business in the United States.

November 29, 2012

The Sixth and latest revision of the New York Trial Notebook has just been published. Authored by H&R‘s Ed Birnbaum and Carl Grasso, and Hon. Ariel Belen (ret.), formerly of the Appellate Division, Second Department, and now with JAMS, the book is available through James Publishing, Inc. The book had originally appeared in August 2005, and has been updated faithfully approximately annually since then. The most recent revision is a complete reprint of the entire two-volume work.

In its Fourth Edition, back in 2010, NYTNB had been reviewed by Litigation Counsel of America’s Executive Director and General Counsel G. Steven Harvey, who wrote that the book is “perhaps the most practical, comprehensive and useful legal tool yet published . . . New York Trial Notebook is the best book of this type that I have seen.” Hon. Edward W. McCarty III, Surrogate of Nassau County, recently said that he had found the book “to be a valuable asset from the Judicial Point of view on preparing for trials,” and that he had “nothing but praise for it.”

September 26, 2012

Herzfeld & Rubin. P.C. held a luncheon at Delmonico's in New York in honor of H.E. Nicolae Timofti, President of the Republic of Moldova's visit to the United Nations.

L to R ; Mark A. Meyer, Honorary Consul of the Republic of Moldova in New York and Member of Herzfeld & Rubin, P.C. and Rubin Meyer Doru &Trandafir; Andrei Galbur, Director, Ministry of Foreign Affairs; Ian Ceresney, Managing Member, Herzfeld & Rubin, P.C.; Judge Michael Mukasey, former Attorney General of the United States of America; Ambassador Ion Botnaru, United Nations; H.E. Igor Munteanu, Ambassador of Moldova to the United States; Henry Johnson, CEO, Fiduciary Trust; President Timofti; Ambassador Vlad Lupan, Permanent Representative to the United Nations; Michael Simons, Dean of St. John's University School of Law; and Ion Paduraru, Secretary General of the Presidential Administration.

September 25, 2012

The following fifteen members of H&R were named as Super lawyers in the New York Metropolitan Area:

Edward L. Birnbaum, Ian Ceresney, Jeffrey L. Chase, Joseph Donat, Michael Gallub, Carl Grasso, Daniel Gsovski, David Hamm, Michael Hoenig, James Kaplan, Mark Meyer, Michael Sena, Miriam Skolnik, Lawton Squires, Howard Wexler.
We are also proud to announce that Edward L. Birnbaum, Herbert Rubin and Howard L. Wexler were selected as Best Lawyers in America for 2013.

September 3, 2012

Herzfeld & Rubin’s Italian Group led by Gisella Levi Caroti, has increased to four attorneys all admitted to practice in New York and in Italy. Besides Mrs. Caroti, the attorneys of the Italian Department specialized in representing Italian companies and individuals doing business in the United States, are, Flavia Mascolo, Lydia Ferrarese and Manuela Muttoni.

August 28, 2012

Seymour W. James, Jr., President of the New York State Bar Association has named Herzfeld & Rubin, P.C. firm member, Lawton W. Squires as a member of the NYSBA’s Committee on Professional Ethics. The Committee on Professional Ethics analyzes ethical situations and rules and publishes opinions which help guide attorneys in New York State and across the country.

August 28, 2012

The Defense Research Institute (DRI) awarded an Exceptional Performance Citation to: “Lawton W. Squires for his work as President of the Defense Association of New York and for having supported and improved the standards and education of the defense bar and for having contributed to the administration of justice in the public interest.

August 9, 2012

H&R takes its summer interns to a game . . . and a win at Yankee Stadium!

July 18, 2012, Toronto Blue Jays vs. New York Yankees.
Hiroki Kuroda pitched a gem and the Yankees celebrated a win against Toronto.

August 7, 2012

On November 2, 2012, Gisella Levi Caroti will speak at the Annual Conference of l’Union Internationale des Avocats (“UIA”) in Dresden, Germany, on the subject of the Buyer’s Rights under the Vienna Convention for the International Sale of Goods.

August 7, 2012

On Friday September 21, 2012, Gisella Levi Caroti will speak at the Conference of the International Association of Italian Speaking Lawyers in Santa Margherita Ligure, Italy, on the subject of Abuse of Rights and Good Faith.

July 18, 2012

H&R is pleased to announce that Ningur Akoglu specializing in products liability, defense of vehicle components, risk management and electronic discovery  and Jodi Buratti specializing in products liability and asbestos defense, have become members of our firm. >> more details here

May 18, 2012

Mark A. Meyer, Esq. Appointed Honorary Consul of the Republic of Moldova for the State of New York
The Embassy of the Republic of Moldova in the United States of America is pleased to announce the appointment of Mark A. Meyer, Esq., a distinguished American lawyer, as Honorary Consul of the Republic of Moldova for the State of New York. >>more details here<<

April 6, 2012

H&R named as one of New York Area’s Top Ranked Law Firms® by LexisNexis® Martindale-Hubbell®. Your firm has achieved this recognition for having at least 25% of your practicing attorneys achieve an AV® Preeminent rating™.

March 6, 2012

Mark A. Meyer, Esq., will address a symposium at St. John’s University School of Law in Jamaica, New York on "Multiculturalism and Multilingualism in the Legal Profession" on March 6, 2012 at 5:30-7:30 PM.

January 27, 2012

Edward L. Birnbaum has been selected to serve, in conjunction with the Nassau County Bar Association and the Hofstra University School of Law, as a judge in the National Trial Competition for law students throughout the country.

January 25, 2012

On Friday, January 27, 2012, Gisella Levi Caroti will be speaking for the United States at a Seminar organized by the International Commission of the Bar of Milan in Milan, Italy, on the subject Lawyers and Competitiveness within the Market.

January 12, 2012

Four Herzfeld & Rubin attorneys were named to Avenue Magazine's "Top Women Lawyers" list. The list is comprised of New York City-based attorneys that have received a Lexis-Nexis Martindale-Hubbell AV-Preeminent Rating - the highest Peer Review Rating available.

Congratulations to the following attorneys:
Gisella Levi Caroti (Business)
Maureen Doerner Fogel (Litigation)
Wendy L. Prince (Personal Injury)
Miriam Skolnik (Appellate Practice)

October 2011 Avenue Magazine

December 21, 2011

Gold Medal received by Gisella Levi Caroti from the Bar of Milan, Italy, on October 16, 2011




December 19, 2011

Edward L. Birnbaum was named in the New York Magazine issue of December 19, 2011, as one of the Top Lawyers in the New York area (NY, NJ & Conn.). The list was compiled from the 2012 edition of the Best Lawyers in America.

December 4, 2011

Mark A. Meyer recollects a turning point in his life:

November 29, 2011

Mark A. Meyer was named to the Advisory Board of the Institute for Transnational Arbitration.

November 24, 2011

RMDT has been presented with the honor to be named as a contact on the website of the Bundesministerium für Umwelt, Naturschutz und Reaktorsicherheit of Germany in the section regarding Renewable Energy Law Resources due to our expertise and involvement in the field. The only other contacts are Romanian authorities.

November 24, 2011

Edward L. Birnbaum has been chosen to represent the legal community in the 2011 Edition of Who's Who Among Executives and Professionals.

November 21, 2011

On December 16, 2011, Gisella Levi Caroti, Esq., will be awarded the Milan Bar’s Gold Medal by the President of the Bar of Milan, Italy.

November 8, 2011

The Fifth and latest revision of the two volume New York Trial Notebook, authored by litigation department head Ed Birnbaum, litigation partner Carl Grasso, and Hon. Ariel Belen of the Appellate Division, Second Department, has just been published, and is available through James Publishing, Inc. This fifth annual revision to the original book, which first appeared in August 2005, is so extensively supplemented that rather than have subscribers fuss with switching pages, the publisher reprinted the entire book.

The New York Trial Notebook in its Fourth edition had been recently reviewed by Litigation Counsel of America’s Executive Director and General Counsel G. Steven Harvey. He wrote that the New York Trial Note book is  "perhaps the most practical, comprehensive and useful legal tool yet published. . . . it is difficult to conceive of a more complete resource for a trial lawyer than 'New York Trial Notebook' . . . It is easy to tell that the authors are experienced trial lawyers. It is though each is leaning over to the reader at counsel’s table saying 'Here’s what the law and rules say, but here’s how it really works.' . . . [The book’s] value is even greater than the dog-eared pocketbook of objections I have used since my very first year of practice. . . . New York Trial Notebook is the best book of this type that I have seen. For anyone practicing trial law in the courts of New York, this work should be at arm’s length. The only thing better would be for it to fit in my pocket with my objections."

November 7, 2011

Herzfeld and Rubin, P.C. mourns the loss of Justice Martin Evans, a unique human being, our colleague and our friend. Our hearts go out to his wife Meryle, his son Steve, and his grandchildren Arielle, Samuel and Danielle. Martin served as an Infantry Captain in the D-Day invasion of Normandy for which he was awarded the Chevalier of the French Legion of Honor by the President of France. This was a prelude to a career in the law in which honor and service were preeminent. The law truly was his life. As a lawyer and longtime Supreme Court Justice, he was distinguished for his wisdom, learning, judgment, unflappable temperament and integrity. He was President of the Supreme Court Justices Association and an active participant in Bar Association projects, both national and local. Until his last breath he was at work on projects to improve the judicial system, including as a member of the hard working Pattern Jury Instructions Committee. It was a privilege to have had him as a colleague after his retirement from the judiciary. Herbert Rubin, President, Herzfeld & Rubin, P.C.

November 3, 2011

Viviana Mura presented on the subject of Drafting International Sale of Goods Agreements at the Annual Convention of the Union International des Avocats in Miami, Florida.

October 13, 2011

Mark A. Meyer was appointed to the World Bank’s Panel of Arbitrators of the International Center for the Settlement of Investment Disputes (ICSID) for a six year term. ICSID is the leading international arbitration institution devoted to investor-State dispute settlement. >>More details<<

October 7, 2011

Viviana Mura lectured on International Trademark Licensing Agreements at the Master's Program in International Business Law of the Law School of the University of Rome 'La Sapienza'.

September 26, 2011

Edward L. Birnbaum has been chosen by the American Registry to be named amongst "America's Most Honored Professionals." Only ten percent of all recognized American professionals have been honored with this award. It is the only cross-profession, cross-industry honor based on a quantitative analysis of authenticated public recognitions.

He has also been selected to be a judge and evaluator at the St. John’s University School of Law 2011 National Civil Rights Trial Competition to be conducted in the courthouse.

September 8, 2011

Edward L. Birnbaum has been selected by his peers for inclusion in the 2012 edition of Best Lawyers in America.

August 16, 2011

On September 16, 2011, Gisella Levi Caroti, Esq., will be the speaker representing the United States at the Annual Conference of the International Association of Italian Speaking Lawyers in Parma, Italy, on the subject: Legal Protection of the Weakest Contractual Party in Europe and in the World.

On November 3, 2011, Gisella Levi Caroti, Esq., will be one of the speakers at the Annual Convention of the Union International des Avocats in Miami, Florida, on the subject: The impact of the Uniform Sales Law on Drafting the Contract for International Sale.

August 15, 2011

Gisella Levi Caroti was selected by Avenue Magazine, partnered with Lexis Nexis Martindale Hubbel, as one of the Top Women Lawyers in New York.

August 12, 2011

Viviana Mura will chair a CLE program at the New York County Lawyers Association on September 8th at 6 PM entitled, “Same Dress, Two Designers? When Imitation is Piracy, Not Flattery - Protecting Intellectual Property in the Fashion Industry”:

August 10, 2011

Rubin Meyer Doru & Trandafir SCA received Corporate INTL Magazine's 2011 Global Award for Merger Control Law Firm of the Year in Romania for its expertise and achievements in the field. Corporate INTL is one of the leading monthly publications for business leaders, professional advisers and providers of financial services in the world.

August 5, 2011

Homer Ramsey, Esq., has again been named in AVENUE magazine as one of the City's top litigators in its 2011 publication.

August 4, 2011

Herzfeld & Rubin, P.C. is pleased to announce the launch of our completely redesigned . Our new site contains features providing easier access to information concerning the firm’s activities and practice areas, as well as a brief video clip that offers a glimpse into our firm and its unique culture.

Additional changes are planned to the website in the coming months, including a blog, further integration with social media sites, and information to connect to our firm sponsored webinars.

Please visit us at  and join us as we continue to shape, analyze and apply the laws which effect you.

July 22, 2011

Andrew Roher, Esq. authored the lead article in the current issue of the Defense Association of New York's magazine, The Defendant. It is entitled: "Avoiding the Draconian Effects of New York Labor Law §240(1).

July 17, 2011

Edward L. Birnbaum has again been named in AVENUE magazine as one of the City's top litigators in the 2011 publication. Edward L. Birnbaum has been retained by CLE 123 Lecture Series to record a series of lectures on trial practice. It is anticipated that the lecture recordings will include commentaries by a Justice of the Appellate Division, Second Department adding "comments from the Bench" to his comments as the Advocate.

July 13, 2011

Lawton W. Squires was sworn in as the President of the Defense Association of New York (DANY), New York State’s largest bar association devoted to the defense of all types of civil litigation matters, on Monday, June 13th, 2011. On July 13, 2011, Lawton W. Squires was named a member of the New York County Democratic Committee's Independent Judicial Screening Panel.

May 18, 2011

On May 17th, Fairleigh Dickinson University bestowed the degree of Doctor of Humane Letters, honoris causa, upon our colleague, Mark A. Meyer. Lauding his wisdom, courage and compassion, the University citation reads, in part: “Fairleigh Dickinson applauds you as an honored son for embracing the promise of other cultures, working tirelessly to promote the rule of law in a developing region and building international relationships based on mutual cooperation.”

In his commencement address to the over 12,000 persons gathered at the IZOD Center in the Meadowlands, New Jersey, Mark told the nearly 3,000 graduates that “the future belongs to those who believe in the beauty of their dreams,” and he urged the students to “do something in your life that you will be able to take pride in when you turn 90.”

You can see his speech at this site by moving the counter cursor to 53:00. It lasts until 1:02:

FDU’s description of the honoree can be found here:

In 2007, St. John’s University School of Law bestowed the degree of Doctor of Laws, honoris causa, upon Mark Meyer, similarly lauding his achievements, describing him as “a pioneer in promoting the rule of law in Central and Eastern Europe since 1990.”

Our warmest congratulations to our friend and colleague Mark A. Meyer on receiving this well-deserved distinction.

April 15,  2011

Edward L. Birnbaum was recognized by the Marquis Who's Who family for his 25 year milestone as a Marquis Who's Who listee.

March 31, 2011

Edward L. Birnbaum has been awarded a Martindale Hubbell rating of “AV Preeminent” which is the highest possible rating in both legal ability and ethical standards.

March 22, 2011

Judge Martin Evans has been designated by the American Law Institute’s Council to become a Life Member. The Institute will honor its new Life Member at a special luncheon on May 17, 2011 in San Francisco, California.

March 8, 2011

on March 8, 2011 Edward L. Birnbaum and James Kaplan at the invitation of Alan Weintraub of the Estate Settlement Department at J.P. Morgan Chase presented a discourse on Surrogate's Litigation

February 25, 2011

Edward L. Birnbaum has been asked to join a select group of NY lawyers to serve on a blue ribbon panel to evaluate the qualifications of nominees for addition to the 2011 Super Lawyers Panel. 5% of the attorneys in the New York metropolitan area will ultimately be selected for inclusion in the 2011 Super Lawyers publication.

Januray 26,  2011

Mark A. Meyer was re-elected on January 26, 2011, to a new term as Chair of the Public International Law Committee of the New York State Bar Association.

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