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Court of Appeal denies input tax on accountancy services relating to a refinancing and restructuring process: Airtours Holiday Transport Limited v HMRC

  • RPC
  • -
  • United Kingdom
  • -
  • August 28 2014

The appellant company, Airtours, appealed against a decision of the Upper Tribunal (UT) in which it was held that it could not recover input tax

Business law quarterlysummer 2014

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • August 25 2014

You may have encountered the term “bankruptcy remote”. It was coined to refer to a method of endowing a company with certain characteristics which

Following the Eleventh Circuit, Sixth Circuit sides with FDIC in latest tax refund dispute

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • July 25 2014

In the world of bank holding company bankruptcies, often a dispute arises between the parent company and the FDIC (as receiver for parent's failed

Eversheds' Spotlight - the global financial services disputes and investigations (FSDI) briefing - April 2014

  • Eversheds LLP
  • -
  • European Union, France, Germany, Hong Kong, Ireland, Italy, Netherlands, Poland, Spain, United Arab Emirates, United Kingdom
  • -
  • April 17 2014

France has recently created a new role in the prosecution office, a Public Prosecutor specifically for financial offences with national jurisdiction

Spanish legal update - November 1, 2013 to February 28, 2014 - Adaptation to EU law : supervision and solvency of financial entities

  • Cuatrecasas Gonçalves Pereira
  • -
  • Spain
  • -
  • March 21 2014

European Union law on the supervision and solvency of financial entities (Basel III) has been incorporated into Spanish law. The most noteworthy

General Counsel update - February 2014

  • Herbert Smith Freehills LLP
  • -
  • Global
  • -
  • February 27 2014

The Trans-Pacific Partnership (TPP), the Free Trade Agreement Covering the major economies of the Pacific Rim, is thought to be Nearing signature

European perspective in brief

  • Jones Day
  • -
  • European Union, Netherlands, United Kingdom
  • -
  • November 21 2013

Europe has struggled mightily during the last several years to triage a long series of critical blows to the economies of the 28 countries that

More confusion about who owns the tax refund attributable to a distressed bank

  • Bracewell & Giuliani LLP
  • -
  • USA
  • -
  • October 30 2013

In connection with the bankruptcy of a bank holding company (the "Bank Holdco") and its operating bank subsidiary (the "Bank"), there are often

Viewpoint: Who owns a distressed bank’s tax refunds?

  • Davis Polk & Wardwell LLP
  • -
  • USA
  • -
  • July 30 2013

Over the next few years, a significant number of distressed bank-holding companies will face the end of interestdeferral periods and the prospect

EuroResource--deals and debt

  • Jones Day
  • -
  • Argentina, Cyprus, France, United Kingdom, USA
  • -
  • April 29 2013

On 29 March 2013, the Republic of Argentina proposed an alternative payment formula to the U.S. Court of Appeals for the Second Circuit that, if