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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

California federal court holds bank responsible for funds subject to IRS levy on customer’s account

  • BuckleySandler LLP
  • -
  • USA
  • -
  • August 22 2014

On August 15, the U.S. District Court for the Central District of California held that a bank responded too slowly to a government levy on a

Not so fast! Sixth Circuit rescinds award of tax refund to bankruptcy estate

  • Paul Hastings LLP
  • -
  • USA
  • -
  • August 20 2014

On July 8, 2014, the Sixth Circuit Court of Appeals reversed and remanded the District Court's decision in FDIC v. AmFin Financial Corporation

Constitutional challenge of FATCA agreement launched

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • August 15 2014

On August 11, a constitutional challenge to the Agreement between the Government of the United States and the Government of Canada to Improve

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

Financial services update July 21 2014 industry news

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 21 2014

On July 18th, Risk.net recounted former SEC Chair Harvey Pitt's proposal for resolving concerns that U.S. firms are avoiding U.S. oversight of their

Luxembourg legal update - July 2014

  • Clifford Chance LLP
  • -
  • European Union, Luxembourg
  • -
  • July 10 2014

The Single Supervisory Mechanism (SSM) Framework Regulation that was published in the Official Journal on 14 May 2014 has entered into force on 15 May

State AGs in the news

  • Dickstein Shapiro LLP
  • -
  • USA
  • -
  • July 3 2014

The Consumer Financial Protection Bureau (CFPB) continues to assert itself in the consumer credit card market, exercising both its supervisory and

Mortgagee lacks standing to appeal

  • Cozen O'Connor
  • -
  • USA
  • -
  • June 30 2014

A panel of a Commonwealth Court held that a mortgagee is not an aggrieved party for purposes of standing to take an appeal of the assessment of real