On November 15, 2023, the Tax Court released its opinion in YA Global v. Commissioner and, among other conclusions, held that YA Global Investments LP, a Cayman Islands.
YA Global Investments, LP ("YA Global"), a foreign investment fund that provided funding to portfolio companies in exchange for stock, convertible debentures, promissory notes and warrants.
In Doe v. Roman Catholic Church of Diocese of Phoenix, Ariz. -, No. 1 CA-CV 22-0143 (June 29, 2023), the Arizona Court of Appeals affirmed the dismissal of the Plaintiff’s direct and.