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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 August 10, 2022
Update: Senate Passes Revised Version of Inflation Reduction Act of 2022; Carried Interest Changes Omitted and Tax on Corporate Stock Buybacks Added
On August 7, 2022, the Senate voted 51-50 to pass the Inflation Reduction Act of 2022, which broadly addresses climate change, taxes, health care, and inflation. The action sends the measure to the House of Representatives for a vote as early as Friday of this week.
Client Alert July 29, 2022
Inflation Reduction Act of 2022 Would Modify the Tax Treatment of Carried Interests, Include a Corporate Minimum Tax, and Expand Clean Energy Tax Incentives
On July 27, 2022, Senator Joe Manchin (D-West Virginia) and Senator Majority Leader Chuck Schumer (D-New York) announced an agreement on a reconciliation package entitled the Inflation Reduction Act of 2022 to address climate change, taxes, health care, and inflation.