Jim Maxson named Deputy Chair of European Life Settlement Association (ELSA)

Partner Jim Maxson has been elected as Deputy Chair of the European Life Settlement Association (ELSA).  ELSA was founded in 2009 to set standards for the European life settlement industry, and represents European funding sources, service providers and intermediaries in the life settlement market who are looking to promote transparency by providing accurate, authoritative information […]

Are You Ready to Outsource?

As an attorney, I generally enter an outsourcing transaction mid-stream … sometimes when the deal is “done” (guess what, it rarely is) and the parties are ready for the lawyers to document the agreed terms and fill in the boilerplate, and other times (if I am lucky), when the

European Commission Attacks Luxembourg Amazon Hybrid Structure As Illegal State Aid

Introduction On January 16, 2015 the European Commission (“EC”) released its report that certain favorable tax rulings Luxembourg granted Amazon (circa 2003) have been preliminarily deemed to constitute illegal state aid under European law. State aid occurs when a European Union country grants advantages (e.g. grants, interest and tax reliefs, guarantees, government holdings of all […]