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News

Post-SVB events and implications: News and subsequent analysis 2023 banking crisis

Federal and state financial regulators have released after-action reports regarding the recent closures of Silicon Valley Bank (SVB) and Signature Bank. Especially when viewed in the light...

News

Silicon Valley Bank (SVB) and Signature Bank Collapses: Your legal and regulatory FAQs answered

Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation, which appointed the ...

News

Alternatives to SOFR: an overview of existing credit sensitive rates

This article aims to highlight certain key differences between LIBOR, SOFR and several of the most common credit sensitive rates that are available or are in development today.

News

New York paves the way for LIBOR transition

A newly enacted New York statute will ease the transition from U.S. Dollar LIBOR to the Secured Overnight Financing Rate (SOFR) while reducing the uncertainty and litigation risk posed by...

Insights and Analysis

Changes to deemed dividend rules bring good news for secured creditors

Prior to the issuance of the final regulations under Section 956 of the Internal Revenue Code of 1986, a dividend was deemed created when a U.S. borrower pledged, as security for its...

Insights and Analysis

Changes to deemed dividend rules bring good news for secured creditors

Prior to the issuance of the final regulations under Section 956 of the Internal Revenue Code of 1986, a dividend was deemed created when a U.S. borrower pledged, as security for its...

News

Tax Relief for U.S. Parents Receiving Credit Support from Foreign Subsidiaries Lev Fin Spin

Upstream guarantees and security by foreign subsidiaries of a U.S. corporate borrower may now be available without adverse U.S. federal income tax consequences to the U.S. parent.

Insights and Analysis

Will changes to US regulations make it easier to obtain upstream security from foreign subsidiaries?

Upstream guarantees and security by foreign subsidiaries of a U.S. corporate borrower may now be available without adverse U.S. federal income tax consequences to the U.S. parent.

News

Tax Relief for U.S. Parents Receiving Credit Support from Foreign Subsidiaries

Upstream guarantees and security by foreign subsidiaries of a U.S. corporate borrower may now be available without adverse U.S. federal income tax consequences to the U.S. parent.

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