Search results for

Steve Fortier: KPMG's new global leader of transfer pricing services Dan Peters: Keen to expand Duff & Phelps' transfer pricing capabilities The new leader of Duff & Phelps' transfer pricing practice plans to build teams of senior transfer pricing professionals in all significant centres in the US, particularly in the Boston to Washington, DC corridor.

Bill Thomas: retires in November Bill Thomas, the outgoing chairman of the US House of Representatives' Ways and Means Committee, played a key role in two recent international tax controversies in the US. As the leader of the House tax-writing committee, he dealt with corporate inversions, where a US company converts into a foreign corporation to save taxes, and the US response to WTO's ruling against the Internal Revenue Code's extra-territorial income/foreign sales corporation provisions.

On March 7 the Council of States unanimously confirmed the Swiss Economic Commission's decision to prolong the application of the Bonny Decree until the end of 2008. Companies planning to apply for the tax-privileged status may therefore feel a sense of relief, since the previously rumoured interruption of the Bonny Decree from July 2006 until 2008 is unlikely to occur.

International companies should examine the provisions of the savings tax agreement between the EU and Switzerland to benefit from the reliefs it contains, believe Armin Marti and Anna-Maria Widrig Giallouraki of PricewaterhouseCoopers

By Jack Cummings and Kevin Rowe, Alston & Bird

Reto Savoia and Stefan Kuhn of Deloitte discuss certain key aspects of M&A transactions/leveraged buy-outs in Switzerland in light of the current tax environment

By Derek Hill and Emma Nendick, Herbert Smith

By Narendra Rohira and Jayesh Sanghvi, Ernst & Young

Type of deal Valuer Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) M&A €250million ($299million) Swisscom (Switzerland) Antenna Hungária (Hungary) Allen & Overy Levente Torma (Hungary) Acquisition attempt £1.8billion ($3.1billion) Nippon Sheet Glass (Japan) Pilkington (UK) Allen & Overy Brenda Coleman, Lydia Challen (UK) Slaughter and May Richard Carson, Fiona Jivraj (UK) M&A $7.3billion National Grid (US) KeySpan (US) Skadden, Arps, Slate, Meagher & Flom US Simpson Thacher & Bartlett Charles Rappaport, Rachel Birnbaum (US) Acquisition attempt $1.7billion Xstrata (Switzerland) Cerréjon/ Glencore (Columbia/Switzerland) Freshfields Bruckhaus Deringer In-house counsel Richard Marshall (Switzerland) and Parra Rodríguez & Cavalier (Columbia) M&A $2.7billion BASF (Germany) Degussa (Germany) Freshfields Bruckhaus Deringer Hans-Jörg Ziegenhain (with Hengeler Mueller since March 1 2006) (Germany) M&A AUD248.4million ($184.8million) Pacific Equity Partners (Australia) Vision Fire & Security (Australia) Freehills Australia Ashurst UK PricewaterhouseCoopers M&A $67.1billion AT&T (US) BellSouth (US) Sullivan & Cromwell US Fried, Frank, Harris, Shriver & Jacobson Alan Kaden, Michael Alter (US) M&A £8billion ($13.9billion) Linde (Germany) BOC (UK) Slaughter and May Sara Luder, Clare Richardson (UK) Hengeler Mueller Germany Shearman & Sterling US M&A €572million ($685million) Foodco Pastries, Medimosal (Spain) TelePizza (Carbal, Permira) (Spain) Uría Menéndez Spain Baker & McKenzie Spain Linklaters Spain M&A £205million ($356million) Blackstone/ Forest Bidco (US) Center Parcs (UK) Ashurst UK Simmons & Simmons UK M&A €3.1billion ($3.7billion) Eurazeo (France) Europcar (Germany) Bredin Prat France, Slaughter and May Richard Cason (UK), Hengeler Mueller Germany, Bonelli Erede Pappalardo Italy, Uría Menéndez Juan Antonio Férnandez-Velilla (Spain) Clifford Chance M&A $14.6billion Capital One (US) North Fork (US) Cleary Gottlieb Steen & Hamilton US Wachtell Lipton Rosen & Katz US M&A €826million ($990million) Aleris International (US) Corus Group Aluminium (UK) Slaughter and May Graham Airs, Feiza Jivrai (UK) M&A €1.2billion ($1.4billion) Blackstone/ Lion Capital (US) Cadbury Schweppes (UK) Uría Menéndez Spain Slaughter and May, Pérez Llorca M&A Undisclosed Kuzbassrazrezugol (KRU) (Russia) Powerfuel (UK) Ashurst Richard Palmer (UK) Fishers Charles Killin and Louise Taylor (UK) M&A £652million ($1.1billion) L'Oréal (France) Bodyshop (UK) Bodyshop: Baker & McKenzie James Burdett (UK) , Anita and Gordon Roddick: Ashurst Geoffrey Green, Robert Ogilvy Watson (UK) Linklaters Richard Godden (UK) Type of deal Value Issuer Lead managers Adviser to Issuer Adviser to lead managers IPO CDN$410million ($352million) Addax Petroleum Corporation (Switzerland) Merrill Lynch Fasken Martineau Canada Herbert Smith Jim Wickenden, Adam Wells, Mark Tudor, Arit Ekpo, Siddharth Gyaltsen and Richard Hollis (UK) and Fraser Milner Casgrain (Canada) Project finance €657million ($787million) Junta de Compensació n Parque de Valdebebas BBVA and Caja Madrid Uría Menéndez Spain Clifford Chance Spain Debt Capital Markets €270million ($323million) ONO Finance II (Cableuropa, Auna Telecomunicacio (Spain)) Royal Bank of Scotland, Calyon, ABN Amro Clifford Chance US, England, Spain A&L Goodbody Ireland Uría Menéndez Rafael García Llaneza, Francisco Javier Blanco (Spain) Debt Capital Markets €2billion ($2.4billion) Santander (Spain) Goldman Sachs, Morgan Stanley In house Uría Menéndez Jesús López-Tello, Victor Martín (Spain) IPO $125million Falcon Asset Backed Investments (Guernsey) Antenna Hungária (Hungary) Slaughter and May Nilufer von Bismarck, Carl Della-Bosca, Sarah Dunstall (UK)

Transaction specialist Pierre-Pascal Bruneau joined the firm from Slaughter and May's Paris office, where he was a partner for more than 10 years.