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Member Articles


Where Syndication and Competition Meet

In syndicated lending transactions, competition law plays a crucial yet often overlooked role. Law firms representing finance parties should advise lenders to seek independent legal advice on competition law to avoid any ...

California Eliminates Employers’ Ability to Require Employees to Take Vacation Before Receiving Paid Family Leave Benefits

On September 29, 2024, Governor Gavin Newsom signed into law AB 2123 to change California’s state sponsored paid family leave (PFL) program. As part of the PFL program, eligible employees receive wage replacement benef ...

Direct Tax Vivad se Vishwas Rules, 2024

Direct Tax Dispute Resolution Scheme 2.0 1. The New Vivad se Vishwas (VSV) scheme 2024 (‘scheme’) is like a peace treaty for taxpayers which will be effective from October 01, 2024. Under the scheme, taxpayers with ...

Policing the Digital Economy: Australia Proposes Sweeping Scam Prevention Obligations

Australia is stepping up its fight against scams announcing a consultation on legislation to introduce a “Scams Prevention Framework” (SPF), which aims to protect Australians, visitors, and small businesses (defined ...

Underwriting Shortfalls Must Be Disclosed

Nearly a decade has passed since ANZ placed circa $750 million in shares to the underwriters of its $2.5 billion equity capital raising leading to a dispute with ASIC over ANZ’s failure to disclose the shortfall. The F ...

Comparing Tax Treatment of Incorporated and Unincorporated Partnerships in UAE

Introduction: Federal Decree-Law No. 47/2022 on the Taxation of Corporations and Businesses (Corporate Tax Law) was implemented on 3 October 2022. Under UAE corporate tax laws, partnerships can be classified as either i ...

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