Will Gay

Will Gay

Orrick, Herrington & Sutcliffe LLP

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Distressed Download - March 2015

What Happens in Delaware Does Not Always Stay in Delaware: Caesars Victorious in Venue Battle - On Wednesday, January 28, the Bankruptcy Court for the District of Delaware transferred venue for the involuntary bankruptcy...more

3/12/2015 - Bankrtupcy Preferences Bankruptcy Code Section 547 Bankruptcy Court Chapter 11 Chapter 9 Commercial Bankruptcy Debt Market Debt Recovery Programs Distressed Debt EU France Insolvency Lehman Brothers Municipalities Pension Funds Puerto Rico Restructuring Safe Harbors SCOTUS Tax Liability UK Venue Wellness International Network v Sharif

Diverted Profits Tax and You: What does it mean?

A New Tax on doing business in or through the UK - The UK is on course to enact a new tax (the "DPT") with extraterritorial scope which will apply to profits arising on or after 1 April 2015 and will be applied at a...more

1/29/2015 - Corporate Taxes Extraterritoriality Rules UK

Distressed Debt - UK Tax Changes

We discuss below changes to UK tax law in respect of corporate debt which take effect from the beginning of this year which will improve the UK tax position for distressed debt of a UK company....more

1/21/2015 - Corporate Taxes Debt Financing Debt Restructuring UK

Autumn Statement 2014

On December 3, 2014, George Osborne delivered his Autumn Statement. Traditionally, the purpose of this has been to update economic projections and department spending allocation, but increasingly it includes statements...more

12/8/2014 - Corporate Taxes Multinationals Tax Reform UK

LLPs and taxation of "disguised employment" – no delay to implementation

Is your business operating in the UK in “Limited Liability Partnership” (“LLP”) form? If so, it may be affected by a tax reform from 6th April 2014, requiring immediate compliance steps....more

3/3/2014 - Business Taxes Income Taxes LLPs UK

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