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Firm News November 1, 2024
Gibson Dunn Advises Wrexham AFC Owners Ryan Reynolds and Rob McElhenney on Sale of Minority Stake in the Club, Creation of Red Dragon Ventures and Acquisition of Wrexham Lager
Gibson Dunn advised Wrexham AFC owners Ryan Reynolds and Rob McElhenney on the sale of a minority stake in the club to the Allyn family of New York, the creation of a new joint venture with the Allyn family called Red Dragon Ventures, and the acquisition of Wrexham Lager, the oldest lager brewery still operating in the United Kingdom.
Client Alert December 19, 2023
Tax Court Determines That Limited Partners Are Not Necessarily Exempt from Self-Employment Tax – The Limits of the Limited Partner Exception, as Such
The U.S. Tax Court has determined that limited partners are not necessarily exempt from self-employment tax.
Firm News October 13, 2023
Gibson Dunn Advised Loan Lenders and Noteholders on Cross-Border Recapitalization of Venator Materials PLC
Gibson Dunn recently advised a cross-holder group of term loan lenders and noteholders (Cross-Holder Group) on the comprehensive cross-border recapitalization of Venator Materials PLC through a prepackaged Chapter 11 process.
Client Alert January 3, 2023
IRS and Treasury Issue Interim Guidance on New Stock Buyback Excise Tax
Our lawyers discuss interim guidance provided by the IRS and the Department of Treasury to taxpayers addressing the application of the new excise tax on certain repurchases of corporate stock mandated by The Inflation Reduction Act of 2022.
Client Alert December 1, 2022
Proposed U.S. Foreign Tax Credit Rules Provide Relief for Certain Taxpayers and Ideas for Others
Gibson Dunn lawyers discuss proposed regulations to address certain concerns raised by taxpayers and other stakeholders in response to final foreign tax credit regulations published in January 2022.