This 2020 Third Party IoT Risk Management study has helped to document a set of leading practices for better reducing risks associated with the geometric increase and lack of security involved in Internet of Things (IoT) devices.

A&M worked with Maverick Natural Resources in 2018-2019 to reduce lease operating expense (LOE) by 32 percent and increase EBITDA by 33 percent

The impact of COVID-19 on the ‘failing firm’ defence in M&A. While the pandemic might put more firms into a situation in which a rescue merger might be considered, the significant uncertainty around the post-COVID-19 economic environment adds considerable complexity in gathering evidence in support of any potential transaction.

Effective June 2020, the U.S. Department of Justice (“DOJ”) updated its guidance for the Evaluation of Corporate Compliance Programs, enhancing its own guidance documents based on what its prosecutors have learned from investigations, compliance presentations, and monitorships during the past year.  

Today, the President signed the Paycheck Protection Program Flexibility Act of 2020

Debt Investments and the Availability of Tax Loss Relief, COVID-19 Working from Home Tax Reliefs and Exemptions, and Employment Related Securities Reporting

Deferrals of Payments on Account, COVID-19 UK Tax Developments, and Key Takeaways from March 2020 Budget

The IRS continues to provide guidance as part of its ongoing efforts to implement the CARES Act and respond to the economic challenges arising from the COVID-19 pandemic. As part of our continuing coverage of COVID-19 relief, this Tax Special Alert highlights Notice 2020-35, which was issued on May 28, 2020.

The New York State Legislature passed a bill that would amend the administrative code of the city of New York and decouple from certain amendments made by the CARES Act (Pub. L. 116-136) to the Internal Revenue Code (“IRC”) for the New York City (“NYC”) unincorporated business corporation tax (“UBT”), general corporation tax (“GCT”), banking tax (“Bank Tax”) and business corporation tax (“BCT”). The bill needs to be approved by Governor Andrew M. Cuomo to become law.

Accelerated sale of a casual diner to a connected party via pre-pack.

Carve-out of loss making division and accelerated sale to a UK based PE house. ​

On Friday 29 May, Rishi Sunak made further announcements on the Coronavirus Job Retention Scheme support available to employers from 1 July 2020 onwards.

As Private Equity sponsored companies pivot to recovery coming out of the COVID-19 crisis, the chance to re-design business models and business processes are a hidden benefit.