SALT & Pepper
Pre-Judgment Freeze of Assets in Australia Upheld
December 14, 2015
Authored by: Eric (Rick) Rein
In:
International Asset RecoveryA Singapore entity who had entered into a joint venture with an Indonesian entity brought suit in Singapore. The Indonesian entity owned shares in an Australian company. The Singapore entity made an ex parte application to the Supreme Court of Western Australia (“Supreme Court”) to freeze the shareholding interests. The court granted the application, but the Court of Appeal dismissed the freezing order. The High Court reversed.
Read MoreNovember 2015 Tax Credits and Incentives Update
December 03, 2015
In: State & Local Tax (SALT)This post continues a monthly series outlining updates in state tax credits and incentives; included here are legislative, gubernatorial and case law updates. While tax credits and incentives have their fair share of critics, they are a reality in today's competitive business environment in which states compete with each other for jobs and investment. Regardless of the criticisms, state tax credits and incentives benefit many kinds of entities in a number of different ways.
Read MoreDeal Points: A Reminder about Sales and Use Tax Issues in Middle Market Dispositions
December 02, 2015
In: State & Local Tax (SALT)As the end of 2015 nears, as in past years, we in the Business and Finance Group of Horwood Marcus & Berk find ourselves again working fervently to assist highly successful middle-market companies and their sponsors through stock sales or asset dispositions on a year-end timeline.
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