Podcast: Cum-Ex Dividend Trade Investigations
Podcast: Illinois Tool Works Inc. & Subsidiaries v. Commissioner of Internal Revenue
Venture Capital Trends: East Meets West – Lewis Geffen, Co-chair, Venture Capital Practice
What Individuals and Businesses Need to Know About the American Taxpayer Relief Act
Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue we discuss...more
President Trump’s Executive Order that addresses the performance of defense contractors directs the U.S. Department of War to review schedule adherence in significant prime contracts and contractors’ financial practices tied...more
On January 7, 2026, the Trump administration issued Executive Order 14372 entitled “Prioritizing the Warfighter in Defense Contracting.” The order marks a decisive shift in federal defense procurement policy: Production...more
Russian Federal Law No. 431-FZ dated November 28, 2025 has revised the regime governing depositary receipts of Russian issuers by permitting the resumption of new dividend payments under a Central Bank of Russia–administered...more
On 7 January 2025, President Donald Trump issued an executive order (EO) aimed at limiting and preventing certain large defense contractors from conducting stock buybacks, issuing dividends, and awarding executive...more
On January 7, 2026, President Donald Trump issued a new executive order (EO) aimed at realigning defense contractors’ incentives to prioritize domestic investment, timely delivery and quality over investor returns....more
On Wednesday, Jan. 7th, 2026, President Donald Trump stated in a Truth Social post that he “will not permit defense companies to issue dividends or stock buybacks until those defense companies ramp up their production of...more
President Donald Trump issued an executive order on January 7, 2026 that imposes obligations on US defense industrial base government contractors, including immediately prohibiting any “major defense contractor” from...more
When a company distributes dividends to its shareholders, the sum of the distribution is deducted from the company’s accumulated profits and the company’s value decreases by the sum distributed. Therefore, a dividend...more
Dividend arbitrage is a long-standing, historic issue in the financial services industry. It continues to impact businesses in numerous jurisdictions across Europe and has the potential to affect more- including in the United...more
In this edition of UK Equity Capital Markets Insights, we cover the following developments: • FCA Publishes Market Watch 83 - • FCA Consults on Amendments to UK Listing Rule 9 - • FCA Launches Revamped Handbook Website - ...more
Le Conseil d'Etat se prononce de manière inédite sur le fait générateur de l’imposition des dividendes relevant du régime mère-fille. Il juge à ce titre que le montant des dividendes auquel s’applique le régime mère-fille est...more
On 7 August 2025, the FCA published its review of share buybacks in UK listed equities, which analysed data on share buybacks executed for FTSE 350 issuers, as well as feedback from banks, issuers, investor representatives,...more
Our second quarter 2025 corporate venture capital (CVC) survey indicators continue to show challenging market conditions. However, valuations are on the rise in surveyed transactions. In this survey, we track investment...more
Introduction The recent UK Court of Appeal decision in Beard considered the treatment of dividends from a non-UK company, particularly the interpretation of ‘dividends of a capital nature’. In her leading judgment, Falk LJ...more
Kazakhstan will soon adopt a new tax code, with the bill currently in Parliament. It is expected that the new tax code will be adopted this year and come into force beginning 2026. This LawFlash summarizes the general...more
Dividends from shares are taxable for shareholders, even if the dividends do not remain with them economically. This (not entirely new) finding can be gleaned from a recent Federal Fiscal Court (BFH) ruling in which the...more
As Hong Kong listed Bermuda and Cayman Islands exempted companies approach their annual results season, many may be considering paying their shareholders a dividend, whether due to a profitable financial year or as a gesture...more
La Cour administrative d'appel de Paris se prononce sur la conformité à la CEDH de la différence de traitement des quotes-parts de frais et charges selon la localisation des filiales (CAA Paris, 11 février 2025, n°...more
Anyone can establish a business in Germany - irrespective of citizenship, nationality, or place of residence. There is no specific investment legislation for foreign entrepreneurs. Any entrepreneur can make his choice...more
1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a...more
While PC software programs are a practical improvement over the trustee’s hard-copy ledger book, when it comes to keeping track of trust income and principal these programs still require serious clerical monitoring on the...more
The PLF 2025, definitively adopted by the Senate on 6 February 2025 following a months-long process, is currently being examined by the French Constitutional Council....more
Canadian corporations making dividend payments should ensure that they are compliant with U.S. federal backup withholding and reporting requirements to avoid potential U.S. federal income tax issues....more