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

Developing a long term strategy to shift or diversify global supply chains can position manufacturers for growth and resiliency.

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

Leading global professional services firm Alvarez & Marsal (A&M) today released its latest UAE Banking Pulse for Q1 2020 . The report suggests that the top 10 UAE banks reported a combined 6.3% quarter-on-quarter (QoQ) drop in interest income, largely due to the low interest rate environment.

Global professional services firm Alvarez & Marsal (“A&M”), has appointed Devean George as a Managing Director, based in London.

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.

Indonesia SMEs have the opportunity to take four key strategic steps that help bolster their businesses against the uncertainty now, and ensure they emerge in a strong position during the post COVID-19 recovery.