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Structured Finance Group Of The Year: Dentons

Dentons helped rescue the banking industry in 2023 by securing a $50 billion deal financing the Federal Deposit Insurance Corp.'s receivership of First Republic Bank following the second-largest bank failure in the U.S., earning the firm a spot among Law360's Structured Financing Groups of the Year for the third consecutive year. ....

Deposit Insurance Corp , First Republic Bank , Kat Lucero , Federal Deposit Insurance , Financing Groups ,

IRS Monetized Installment Regs Could Snare Legitimate Deals

The Internal Revenue Service has proposed to flag monetized installment sales as possible abusive tax shelters that would require additional reporting under the threat of penalty, but the proposal's broad language could also inadvertently subject common trust transactions to similar disclosure requirements and penalties. ....

Kat Lucero , Revenue Service , Internal Revenue Service ,

UBS Bondholder Seeks Initial OK On $2.5M Tax Reporting Deal

A UBS Financial Services bondholder asked a New Jersey federal judge to give initial approval to a $2.5 million settlement to resolve claims that the company cost its bondholders millions of dollars in taxes by misreporting bond premiums. ....

New Jersey , United States , Kat Lucero , Financial Services ,