As discussed in our prior alert, the Treasury Department last Friday released its general explanation of tax proposals included in President Biden’s fiscal year 2022 budget submission to Congress (the “Green Book”). In this alert, we focus on some of the Green Book’s proposals that were not covered by our prior alert.

The trends of the M&A market at a glance! On this page we present the current developments of the transaction market in Germany – starting with a deep dive of the private equity market. What is the number and value of deals with published takeover values? COVID-19 has not stopped the private equity market and there is a catch-up effect with many well-known targets that have been on our radar since last year.

This interim outlook provides an update on activist trends as European markets emerged from the acute phase of the pandemic. The report identifies 157 corporates at heightened risk of activist targeting and highlights a growing expectation that public campaigns would accelerate as economic conditions stabilised and performance differences became more visible.

Change in control (“CIC”) arrangements have become an effective way to attract qualified candidates and to reward top performers for their success. CIC arrangements are commonly put in place to ensure that executives evaluate every opportunity (including a merger or acquisition) with an eye toward maximizing shareholder value, without worrying about how such an event will affect their personal circumstances. 

In a recent interview with Financier Worldwide, Managing Director Marc Sherman and Director Meghan Cardell discussed the role representations and warranties insurance plays in M&A transactions and best practices for developing effective claims processes.

According to A&M’s Albert Liguori and Ken Brewer, the use of tax risk insurance has been most prevalent in the mergers and acquisitions context.

Alvarez & Marsal's Renee Klimczak and Kyle Seipert on energy transition.

In March this year, HM Revenue & Customs (HMRC) opened a consultation on the U.K.’s transfer pricing documentation requirements. The consultation seeks input for updating the U.K.’s transfer pricing documentation requirements and requests possible options and design ideas that could benefit U.K. business and HMRC.

Watch this webinar on the role of quantum experts for DELOS dispute resolution.

With the events of the past year, many businesses moved to a working from home culture. As we slowly move out of lockdown restrictions across the world, the likelihood is that a hybrid approach to working in an office and from home will be coined as the ‘new normal’. With this shift in location of employees, the physical location of potentially relevant information is no longer centralised within the four walls of a company’s office. In this article, we discuss the approaches that can be taken to remotely capture, in a forensic and defensible manner, all relevant devices and information that is required in support of legal matters.

In an article published by Tax Notes, A&M’s Lew Greenwald and Gianluca Mazzoni review the more recently proposed U.S. cloud regulations and compare the entity-by-entity approach with the lookthrough or unified approach.

The Disclosure Pilot Scheme (DPS) was designed to mitigate some of the “excessive costs, scale and complexity” experienced by parties under the previous set of standards for disclosure. With only months to go on the DPS, A&M surveyed 250 senior lawyers to gauge their views on the process and what improvements can be made.