UK: Election Results: A Completely New Political Map

Many had understandably termed this the most important election in decades, but even then no one predicted what has actually just happened – the complete recasting of the British political landscape. It can only be assumed that a number of parties will be rethinking their approach, federalism might come to pass after the SNPs near total victory in Scotland, and the night saw very significant gains for the Conservatives across England. Pollsters will meanwhile […]

By |May 9th, 2015|

United States: Tax Policy Update – May 05, 2015

NUMBER OF THE WEEK: 1,462. The total number of comments received by the Senate Finance Committee’s five bipartisan tax reform working groups in response to the committee’s request for public input on overhauling the nation’s tax code. The working groups, each focused on different areas of the tax code, are expected to begin closed-door roundtable discussions with all committee members this week to flesh out options under consideration. The working groups are slated to […]

By |May 8th, 2015|

Canada: Asset Deal Versus Share Deal: What’s Right For You?

Generally, there are two basic structures that can be used in the purchase and sale of a business:

acquisition of the assets of the business from the operating corporation (an Asset Deal); or
acquisition of the shares of the operating corporation from the corporation’s shareholders (a Share Deal).

In some cases, commercial considerations will be determinative of the structure – if, for example, the target corporation holds critical licenses that cannot be transferred to the purchaser on an Asset […]

By |May 7th, 2015|