M. Miller Baker, Stephen Kranz, and Diann Smith continue to represent three major oil companies in appeals of $3.8 million in assessments issued by the DC Office of Tax and Revenue based on transfer pricing analyses conducted by Chainbridge Software LLC. The judge in the case rejected summary judgment and directed the parties to exhaust all settlement possibilities ahead of a status conference; any of the cases not settled would head to trial.

Fabrice Piollet, Anne Febvre, Sabine Naugès, Camille Spegt, Myrtille Lapuelle, Laura Morelli, Sarah Candelibes, Romain Perray and Julie Uzan-Naulin counseled investor Principe SGR on corporate, regulatory, labor, IP and data protection issues involving a new round of financing for Enterome, a clinical stage biotechnology company.

Fabrice Piollet, Anne Febvre, Sabine Naugès, Camille Spegt, Myrtille Lapuelle, Laura Morelli, Sarah Candelibes, Romain Perray and Julie Uzan-Naulin counseled investor Principe SGR on corporate, regulatory, labor, IP and data protection issues involving a new round of financing for Enterome, a clinical stage biotechnology company.

Fabrice Piollet, Anne Febvre, Sabine Naugès, Camille Spegt, Myrtille Lapuelle, Laura Morelli, Sarah Candelibes, Romain Perray and Julie Uzan-Naulin counseled investor Principe SGR on corporate, regulatory, labor, IP and data protection issues involving a new round of financing for Enterome, a clinical stage biotechnology company.

Grégoire Andrieux led the McDermott team that advised Chauffeur Privé, the number two French company in the transport car (VTC) market, as German automaker Daimler took majority ownership. Marie-Muriel Barthelet and Claire Barra also advised on corporate law, Lionel Lesur on competition law, Romain Perray on data protection and Myrtille Lapuelle on employment law.

Grégoire Andrieux led the McDermott team that advised Chauffeur Privé, the number two French company in the transport car (VTC) market, as German automaker Daimler took majority ownership. Marie-Muriel Barthelet and Claire Barra also advised on corporate law, Lionel Lesur on competition law, Romain Perray on data protection and Myrtille Lapuelle on employment law.

Uwe Goetker, Jan Hückel and Philipp Kutscher advised online marketer Ad Up Technology AG, which was sold out of the Unister Group insolvency to Axel Springer.

Stephen Kranz, Diann Smith, and Mark Nebergall wrote in a blog post cited here that the new tax bills would treat foreign earnings and profits of some U.S.-owned businesses as subpart F income, allowing a deduction for a percentage of the deemed repatriation. If approved, the authors wrote, the “deductions will also flow through to the states taxing such income, providing a reduced tax rate at the state level as well.”

Stephen Kranz, Diann Smith and Mark Nebergall wrote a blog post cited in this article, which suggested that expensing provisions in the new tax bill “would have a dramatic reduction in taxable income for many capital intensive companies,” thus reducing state tax income. If states try to address this reduction, the authors wrote, it could mean “additional complexity by giving rise to differences in adjustments to basis for state and federal purposes.”

McDermott corporate, health, benefit, IP and tax lawyers were among attorneys from three global law firms to advise drugstore chain operator CVS Health Corp. on its $69 billion cash and stock purchase of insurer Aetna Inc. Such a vertical merger has traditionally fared better under antitrust scrutiny.