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Trade alert - June 2015, issue 18 - Iceland
  • Cadwalader Wickersham & Taft LLP
  • Greece, Iceland
  • July 1 2015

In a move that creditors have been waiting patiently for since 2008, the Icelandic government has finally taken a step towards the lifting of capital


Trade alert - April 2015, issue 16 - Denmark
  • Cadwalader Wickersham & Taft LLP
  • Denmark, Iceland
  • May 1 2015

Following huge trading losses and the discovery of alleged fraud in a Singaporean subsidiary, O.W. Bunker & Trading A.S.filed for bankruptcy on 7


Applications for leave to appeal dismissed - 23 April 2015
  • Gowling Lafleur Henderson LLP
  • Canada
  • April 23 2015

On appeal from the Court of Appeal for British Columbia. In 2007, the applicant was charged with, and convicted of, sexual assault after having


Doing business in Russia 2015
  • Baker & McKenzie
  • Russia
  • March 12 2015

The Russian Federation stretches across Eurasia from Eastern Europe to the Pacific coast. After the collapse of the Soviet Union, Russia became the


The ongoing saga of tax refund ownership for bank holding companies
  • Arent Fox LLP
  • USA
  • February 4 2015

The Third Circuit recently weighed into the ongoing debate over the ownership of tax refunds generated by a failed bank in FDIC receivership, but


UK legal highlights: 2014 and beyond
  • DLA Piper LLP
  • United Kingdom
  • December 17 2014

The EU has published a Directive (201456EU) and a Regulation ((EU) 5372014) reforming the rules governing the statutory audit market. The


What are the unique dynamics of a low-income housing tax credit workout?
  • Thompson Coburn LLP
  • USA
  • December 2 2014

This post is part of a continuing series on the Credit Report Blog on the subject of workouts and bankruptcies involving low-income housing tax


Trade alert - Australia
  • Cadwalader Wickersham & Taft LLP
  • Australia
  • December 1 2014

Australia is a member of both the Basel Committee and the G20 and in November, Brisbane was host to the G20 Leaders' Summit. The agenda focussed on


In re: Restivo Auto Body, Inc. - 4th Circuit rules executed but unrecorded security interest has priority over IRS tax lien
  • McGuireWoods LLP
  • USA
  • November 21 2014

On October 31, 2014, the U.S. Court of Appeals for the 4th Circuit interpreted Maryland law in ruling that a bank's security interest in a Chapter 11


Low-income housing tax credit workouts and bankruptcies: understanding the basics
  • Thompson Coburn LLP
  • USA
  • November 14 2014

Over the last several years there has been an increase in defaults in loans made to finance affordable housing projects. Many of these projects