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  • Davis Polk helps AES
    Davis Polk & Wardwell is advising AES Corporation on its acquisition, with EDF International, of a controlling interest in Light Servicos de Electricidade from Companhia Siderúrgica Nacional (CSN) and Reliant Energy Inc.
    February 01 2001
  • Skadden Arps works on Eircell disposal
    Linklaters has advised Vodafone Group on its acquisition of Eircell mobile phone business from Eircom. The deal was conducted by means of a demerger and a subsequent recommended offer and the transaction is valued at approximately £4 billion ($5.8 billion).
    February 01 2001
  • US and WTO fight on
    David Benson, Hal Hicks and Margaret O'Connor of Ernst & Young LLP in Washington, D.C. provide a round-up of recent US legislative developments, IRS new treaty moves and court cases. Disagreements with the EU and the meaning of "liable to tax" make the news
    February 01 2001
  • Powering the dream demerger
    Structuring a demerger to attain maximum tax benefits and to minimize exposure to stamp duty is imperative. Mike Hardwick, John Lindsay and Claire Hopes, Linklaters & Alliance, London, give an insider's guide to the National Power/Innogy deal
    February 01 2001
  • Get the best value from intangibles
    Intellectual property underpins a good deal of the value of many multinational groups. Exploiting these intangibles across markets offers a key competitive advantage. Mary Walsh of PricewaterhouseCoopers, Dublin explains how
    February 01 2001
  • OECD creates joint task force
    The OECD, the Commonwealth, and representatives of Caribbean and Pacific countries have agreed to create a task force to discuss reform in offshore centres.
    February 01 2001
  • Mexico treads cautiously
    Mexican finance minister, Francisco Gil Diaz, has announced the 2001 Budget. It was approved by congress at the end of December. The Budget paves the way for March talks about broad fiscal reform.
    February 01 2001
  • PricewaterhouseCoopers trims the fat
    PricewaterhouseCoopers has confirmed that just under 10% of its UK partners will be leaving the firm this year. According to UK senior partner Kieran Poynter, the successful integration of the merged firms meant that there was a surplus of partners in certain areas of the practice.
    February 01 2001
  • Jason leaves merged firm for Kirkland & Ellis
    Robert Jason, former head of the tax department at Troop Steuber Pasich Reddick & Tobey, has set up a tax practice with Kirkland & Ellis' Los Angeles office. According to Jason, the decision to move was in no way related to Troop Steuber's January merger with Akin Gump Strauss Hauer & Feld.
    February 01 2001
  • Japan
    On December 13 2000, the Ruling Party in Japan released its Proposed Changes in Tax Laws (the Proposal) for the governmental fiscal year 2001. The following is a brief summary of the proposal.
    February 01 2001
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