Resource Library

What legislation is applicable to insolvencies and reorganisations? What criteria are applied in your country to determine if a debtor is insolvent?

What legislation is applicable to insolvencies and reorganisations? What criteria are applied in your country to determine if a debtor is insolvent?

A brief discussion of how improvements in mining and agriculture law affect the Brazilian financial services industry.

A review of how Brazil's recent Anti-Corruption Law intersects with its Bankruptcy Law, with particular focus on the Bankruptcy Law's allowance of the sale of a business without the inheritance of any liabilities.

Recently, the European Commission adopted decisions against the cartels in Euro and Yen interest rate derivatives, imposing fines to banks and financial institutions. These fines are the highest imposed by the Commission in cartel cases to the present day. These decisions illustrate the intense and added scrutiny to which the financial sector has been subjected by competition authorities in the EU and elsewhere.

In 2012, China's State Administration of Foreign Exchange promulgated the Circular on Further Improving and Adjusting Foreign Exchange Administrative Policies on Foreign Direct Investment (Circular No. 59). It replaces more than 30 approval requirements with simpler registration procedures, streamlines many administrative procedures for foreign exchange transactions and relaxes some restrictions on funds used for foreign direct investment (FDI). The changes resulting from it are reviewed in this article. <br />

Companies that make imports in Brazil face many taxes to complete the process of importation. This generates huge costs to the imported products sold in the Brazilian market. Learn more about what taxes apply to imports.

Read this blog entry by David Davieson regarding the Federal Court of Appeal decision in JP Morgan Canada Asset Management v. AG Canada.

In the recent decision of Nottawasaga Inn. Ltd. v. R. (2014 DTC 1021), the Tax Court of Canada (“TCC”) held that it had no jurisdiction to hear an appeal from a reassessmentof arrears interest where there exists a nil assessment of taxes and the sole basis for the appeal is not the calculation of the interest itself but the computation of the underlying taxable income on which the interest was calculated.

This White Paper is part of a series of Latham & Watkins publications highlighting significant developments under Foreign Account Tax Compliance Act (FATCA) and outlining some of the major workstreams that foreign financial institutions must complete in order to comply with FATCA.