Sept. 15, 2022 - A February 16, 2021 decision of the United States District Court for the Southern District of New York held, in In re Citibank August 11, 2020 Wire Transfers, 520 F. Supp. 3d 390, that lenders who received almost $900 million mistakenly wired to them by Citibank (the administrative...
In the News
Building Infrastructure: The Legal Framework for Canada's Push – Lexpert
In a Lexpert article exploring how Canada’s infrastructure industry will be affected by the coming increase in federal stimulus spending, Davies partner Greg Southam discusses public-private partnerships (PPPs), particularly in the municipal context, and pension funds’ entry points into the financing of PPPs.
Related
Canada Confirms Intention to Institute New Interest and Deductibility Rules
June 07, 2022 - Overview The Department of Finance (Canada) (Finance) released draft legislation on February 4, 2022 that would limit the deduction of “interest and financing expenses” to a fixed percentage of earnings before interest, taxes, depreciation and amortization (EBITDA) for Canadian income...
