Transatlantic Legal Awards 2018 – Transatlantic Tax Team of the Year: Skadden, Arps, Slate, Meagher & Flom
Full details of the Tax Team of the Year category at the Transatlantic Legal Awards 2018
September 04, 2018 at 02:41 AM
2 minute read
Skadden made it a hat-trick of awards as it was named tax team of the year for its work advising Vantiv on a merger with London-based Worldpay.
The $10.4bn cash-and-stock deal was Vantiv's first cross-border transaction, and required expert guidance on US and UK tax law to devise a transaction structure that matched the company's complex tax (and non-tax) objectives. Those included ensuring it complies with Vantiv's 'Up-C' structure in the US, and that it can also benefit from President Donald Trump's recent tax reforms (something that took place after signing the transaction agreement but before the deal closed).
Skadden called on its tax teams on both sides of the Atlantic to finesse the deal, as well as seeking input from their corporate colleagues and accounting and tax advisers across multiple jurisdictions. The depth and quality of that approach meant the team was able to anticipate any problems and make certain the project progressed smoothly.
"This was a long and winding road, and we were glad to have the entire Skadden team help navigate. Your wisdom and perspective were particularly helpful in keeping us on the right track," Vantiv's GC wrote in a note to Skadden after the deal was complete.
To return to the full list of winners click here.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrump and Latin America: Lawyers Brace for Hard-Line Approach to Region
IFC Settles With Victims of Palm Oil Project in Honduras
Hunt for Lithium Puts Latin American Lawyers in the Crosshairs
Trending Stories
- 1NY Appellate Panel Cites Student's Disciplinary History While Sending Negligence Claim Against School District to Trial
- 2A Meta DIG and Its Nvidia Implications
- 3Deception or Coercion? California Supreme Court Grants Review in Jailhouse Confession Case
- 4State Bar of Georgia Presents Access to Justice Pro Bono Awards
- 5Tips For Creating Holiday Plans That Everyone Can Be Grateful For
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250