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The DIFC special purpose company: an increasingly popular vehicle for structured finance transactions

  • Latham & Watkins LLP
  • -
  • Middle East
  • -
  • February 29 2012

Over the last 12 months, structured finance transactions in the Middle East (both Islamic and conventional) have seen increased use of a comparatively new and previously underutilized type of special purpose vehicle (SPV) the DIFC special purpose company (SPC

Gift card update - Federal Reserve Board issues final gift card regulations; IRS may permit income deferral for certain giftcos

  • Latham & Watkins LLP
  • -
  • USA
  • -
  • April 12 2010

The popularity and use of gift cards has increased significantly in recent years, allowing businesses to increase sales and providing consumers with more flexibility in purchasing goods