Topics covered in this issue include:

Barry Herzog and Rita Celebrezze D'Souza report on the Internal Revenue Service issuing final regulations on Dec. 16 (the new regulations) governing a narrow aspect of rules applicable to withholding on “dividend equivalent payments” made to foreign persons. The new regulations finalize 2017 proposed regulations (which were issued together with identical temporary regulations) without any substantive change. The new regulations are effective on the date of their publication in the Federal Register.

In this article, published in the December issue of ABI, Stephen D. Zide, David E. Blabeyand Nathaniel Allard examine the Eighth Circuit decision that a Chapter 11 plan may treat one set of creditors in the same class more favorably so long as the more favorable treatment is on account of distinct, legitimate rights or contributions.

Decoding Derivatives highlights key market developments affecting trading strategies that we see as most relevant for investors in the credit and derivatives markets. Our editorial team includes Fabien Carruzzo, Daniel M. Eggermann, Stephen D. Zide and Daniel King.