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Alert: IRS Issues Proposed Regulations on "Device" and "Active Trade or Business" Rules Under Section 355

IRS Issues Proposed Regulations on “Device” and “Active Trade or Business” Rules Under Section 355 Background and Executive Summary On July 14, 2016, the Internal Revenue Service and the U.S. Treasury Department issued proposed regulations that ...

Resource Article - twallace@abiwor... - 08/10/2016 - 11:01 - 0 comments - 0 attachments

[SPAM] Restructuring Global Insight: What happened to the price of oil? | the legend of Leicester Football Club | VAT claim haircuts in Italy | & more (Attorney Advertising)

Welcome to issue 17 of Restructuring Global Insight, bringing you reports on breaking legal developments in restructuring law across borders and in jurisdictions around the world. Read more. (United States) bankruptcy,insolvency,headlines ...

Resource Article - twallace@abiwor... - 08/10/2016 - 10:58 - 0 comments - 0 attachments

IMPORTANT: Creation of the "RAIF" or "Reserved Alternative Investment Fund"

The Bill n°6929 on reserved alternative investment funds was adopted yesterday by the Luxembourg Parliament and shall come into force three (3) days after its publication in the official Gazette (the "RAIF Law"). The RAIF Law creates an unr ...

Resource Article - twallace@abiwor... - 08/10/2016 - 10:56 - 0 comments - 0 attachments

Alert: PROMESA becomes law – all businesses in Puerto Rico will be affected by this rescue package – key points (Attorney Advertising)

JULY 5, 2016 PROMESA BECOMES LAW: ALL BUSINESSES IN PUERTO RICO WILL BE AFFECTED – KEY POINTS ABOUT THIS SWEEPING RESCUE PACKAGE Read more. (United States) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Uni ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:16 - 0 comments - 0 attachments

Lehman Bankruptcy Court Holds Provisions in Lehman CDOs Setting Payment Priority Are Enforceable and Protected by Safe Harbor

Lehman Bankruptcy Court Holds Provisions in Lehman CDOs Setting Payment Priority Are Enforceable and Protected by Safe Harbor Last week, the U.S. Bankruptcy Court for the Southern District of New York held in Lehman Brothers Special Financing Inc. v. ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:15 - 0 comments - 0 attachments

Alert: IRS Proposed Regulations Clarify Section 409A Deferred Compensation Issues

IRS Proposed Regulations Clarify Section 409A Deferred Compensation Issues On June 21, 2016, the IRS proposed clarifying regulations under Section 409A on which taxpayers may immediately rely. Read more. (United States) bankruptcy,in ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:14 - 0 comments - 0 attachments

Alert: On Your MARks: New EU Market Abuse Regime Now in Force

On Your MARks: New EU Market Abuse Regime Now in Force Overview From 3 July 2016, the EU Market Abuse Regulation (MAR) has direct effect across the EU, replacing the EU Market Abuse Directive (MAD). Pending the UK’s exit from the EU (and depend ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:11 - 0 comments - 0 attachments

Insolvency & Restructuring News No. 2

Workers-owned cooperatives and prompt payment of labor credits under Argentine Bankruptcy Law A recent decision of the Court of Appeals in Commercial Matters upheld the right of the members of a workers cooperative to receive prompt payment of their la ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:07 - 0 comments - 0 attachments

Essar Algoma Stakeholders Trying To Block KPS Bid To Buy Company

Key stakeholders of Essar Steel Algoma Inc. are pursuing a multi-pronged effort to block the purchase of the steel maker by a New York-based private equity fund and a group of lenders, The Globe and Mail reported. Holders of Essar Algoma’s junior and ...

Daily Headline - global.abi.org - 07/11/2016 - 21:12 - 0 comments

Violating the Automatic Stay Turns Routine Collection Into Gross Liability

NEW Free Webinar This Thursday Eye on Bankruptcy, May 26, 1:00 pm ET Join Prof. Michelle Harner with guest speakers Hon. Kevin R. Huennekens, U.S. Bankruptcy Court (E.D. Va.) and Brian Shaw of Shaw Fishman Glantz & Towbin LLC as they discuss the ...

Resource Article - twallace@abiwor... - 06/29/2016 - 11:16 - 0 comments - 0 attachments

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