Activist investors in Europe are increasingly calling on companies to carve out weak or non-core parts of the business, as they seek to drive shareholder returns amid slowing global growth and political uncertainty.

Having been involved in infrastructure for over 20 years, it is hard to recall a time when there has been more interest from various stakeholder groups, including governments, regulators, customers, advisors and most interestingly investors.

Valuation professionals are constantly presented with challenging client needs, such as valuing new, and often exotic, securities with a variety of features that defy commonly-used valuation techniques.

In this issue, we focus on indemnification claims involving representations and warranties within a purchase agreement.

On June 7, 2019, the U.S. Court of Appeals for the Ninth Circuit again reversed the 2015 decision of the Tax Court (Altera Corp v. Commissioner) following deliberation of a reconstituted panel.

Two hard decisions are inevitable when a company sets out to transform its performance.

The U.S. Department of Labor continues a regulatory agenda that puts the valuation of Employee Stock Ownership Plans (“ESOPs”) in the spotlight. As a result, ESOP fiduciaries need to be cognizant of the impact of the reduction in corporate income taxes when determining the fair market value of ESOP plan assets. Such fiduciaries should also carefully review their ESOP valuation methodologies for reasonableness in light of these tax law changes to determine whether any changes are needed to protect against potential DOL scrutiny.

In an environment of increasing technological advancements and automation, speed of response and functionality of the product/solution are increasingly important. When it comes to lead times for solutions and business margins, engineering is the differentiator at the research stage as well as for design and development of new products and solutions.

Ray Berglund appointed to help lead A&M’s growth in the European Healthcare & Life Sciences sector

In a Tax Court petition filed October 22, 2018, Shiloh Industries Inc., a global supplier of automotive parts and a designer and engineer of precision tools, dies, welding, and assembly equipment, is disputing the Internal Revenue Service’s assertion that the company’s claimed tooling expenses in 2012 and 2013 can be treated as qualified research expenses. Will the Tax Court follow its decision in TG Missouri v. Commissioner and allow tooling costs to be treated as supplies used in the conduct of qualified research under Internal Revenue Code (“IRC”) Section 41(b)?

Several A&M Restructuring & Turnaround leaders and peers of industry-leading specialists have been named recipients of the 2019 Turnaround and Transaction of the Year Awards.

So-called global business services (GBS) are now being used to capture and analyse data from across the organisation and transform the way companies operate.

Alvarez & Marsal Managing Director and Transaction Advisory Group Asia Practice Leader Xuong Liu explains in an interview with CGTN China’s inbound and outbound deals and which sectors are experiencing headwind.

A&M's Al Liguori Featured in Bloomberg Law Article

US companies are turning to their lawyers for help in containing the costs of President Donald Trump’s tariffs on goods from China, looking for legal loopholes to help avoid or reduce duties without shifting production to other countries.