Firm Name Change; Closure of Denver Office

Effective June 1, 2008, the name of the Firm has been changed to Solomon Blum Heymann LLP (www.solblum.com). The name change is a result of the closure of the Firm’s Denver, Colorado office and the relocation of its Denver name partner, Clifford R. Pearl, to another law firm. The closure of the office allows the Firm to concentrate its activities in its principal office on Wall Street in New York City and at its office in the U.S. Virgin Islands.

Robert A. Solomon, Co-Administrative Partner, Solomon Blum Heymann LLP said of the closure: “The decision to close the Denver office after 12 years was a difficult decision for our partners. In the end, we believed that the Firm was better situated to focus on its New York City activities and growth. We remain committed to provide to our domestic and international clients the highest quality of legal service. We thank our former partners, associates, counsel and staff for their service to the Firm over the years and wish them the best in their future endeavors.”

Solomon Blum Heymann LLP adds associate to bank transactional and regulatory team

July 15, 2007

Solomon Blum Heymann LLP is pleased to announce that Justin Blackhall, Esq. has joined the firm as an associate resident in its New York and Virgin Islands offices. Mr. Blackhall will provide support to the bank transactional and regulatory team of the Firm led by Edward Reynolds, Esq. Justin, who grew up in St. Thomas, Virgin Islands, brings considerable commercial law experience to the Firm.

Solomon Blum Heymann LLP Partner quoted in Bloomberg.com Article on increase in foreclosures

July 2, 2007

Solomon Blum Heymann LLP adds counsel in litigation, arbitration and dispute resolution team

Blum Concludes Tenure as President of Interlegal

June 15, 2007

Solomon Blum Heymann LLP partner William L. Blum, Esq. recently concluded his tenure as President of Interlegal, a twenty-year-old network of law firms with representatives throughout the world. Blum had served as president of Interlegal for three years, concluding at Interlegal's spring meeting in Oslo, Norway held in June, 2007. As the New York member of Interlegal, the Firm is one of only three member firms of Interlegal based in the United States, and Blum was the first Interlegal president from a member firm located outside of Europe. During Blum's tenure, Interlegal has expanded dramatically from its Western European base and now has a substantial number of members in South America and Eastern Europe while it strives to add new Asian members. At the Oslo meeting, Interlegal members expressed their gratitude not only to Mr Blum for his service, but also to his partners at Solomon Blum Heymann for allowing him the time to serve as Interlegal's chief officer.

Solomon Blum Heymann LLP represents developer to acquire real property and close up to US$22.5 million in financing for Punta Cana, Dominican Republic golf course apartment development

December 1, 2006

Solomon Blum Heymann LLP assisted its clients JNS Capital Partners LLC and Lange Comercial, S.A. in acquiring land located in the White Sands area of Punta Cana, Dominican Republic, and obtaining a loan a US$22.5 million for the acquisition and the development of the real estate. The Firm's representation of JNS Capital Partners LLC and Lange Comercial, S.A. continues as these entities construct the Anabey Golf Apartments, a development of one hundred eighty six vacation apartments, located adjacent to an eighteen hole golf course in the White Sands area. The Solomon Blum Heymann LLP attorneys primarily responsible for the representation were David P. Esq. and Michael J. Semack, Esq.