Corporate Agreement: Shareholders’ Agreements Under Russian Law Reloaded

. Shareholders’ Agreement: Foreign Law and Russian Practice
Shareholders’ agreements are a tool for the contractual regulation of relations between shareholders/participants of companies and are widely used in jurisdictions of the Anglo-Saxon legal system (in particular, the UK and the US), but also recognized and regulated by the laws of countries that have continental legal systems (including Russia, Germany and Italy).

The core value of this tool is that it allows for:

redistributing the rights of shareholders […]

By |January 15th, 2015|

Nigeria’s 2015 Budget – Fiscal And Macroeconomic Analyses

The 2015 Budget of the Federal Government of Nigeria (FGN) was presented to the National Assembly on 17 December 2014. Described as “A Transition Budget”, the focus will be on “managing the revenue challenge in a manner that protects the most vulnerable while safely transiting to a broader based non-oil driven economy”.

Our analyses show that the 2015 Budget is aimed at boosting the non-oil sectors of the economy and also to raise tax revenues. […]

By |January 15th, 2015|

United States: Management Company May Achieve Tax Savings By Consolidating PC Into Income Tax Return

A new private letter ruling from the IRS could potentially lead to significant tax savings for companies providing management and support services to physician, dental or other professional practices. In short, the private letter ruling offers the opportunity to structure “friendly PC” model relationships with the strategic aim of either including the PC in the consolidated tax return filed by a management services company (“Manager”) or structuring the relationship to avoid inclusion in such […]

By |January 14th, 2015|