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Ireland: VAT Update: ECJ Decision Reduces Risk Of VAT Costs Arising For Investment Funds - Matheson

The European Court of Justice has recently released its decision in the GfBk case and clarified that the exemption from VAT for investment management services provided to special investment funds includes those services which are purely advisory and information services.        

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Found 1 month ago on channel Mondaq

Canada: Ontario Court Strikes Several Franchisee Claims In Shoppers Drug Mart Class Proceeding - Cassels Brock

In a recent decision of the Ontario Superior Court of Justice, Spina v. Shoppers Drug Mart Inc., the Honourable Mr. Justice Perell heard a motion for certification of a franchise class action as well as a cross-motion by the defendant under Rule 21 to strike various elements of the plaintiffs’ amended statement of claim.        

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Found 1 month ago on channel Mondaq

Canada: To Allow or Not to Allow the Amendments? That is the Question - Davis LLP

The Honourable Madam Justice Ellen Picard, Madam Justice Marina Paperny, and Mr. Justice Peter Martin of the Alberta Court of Appeal recently handed down the decision in Canadian Natural Resources Limited v Arcelormittal Tubular Products Roman S.A., 2013 ABCA 87.

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Found 1 month ago on channel Mondaq

New York appeals ruling striking down big soda ban

New York City is asking appeals judges to reinstate a ban on supersized sodas and other sugary drinks, which was struck down by a Manhattan judge the day before it was to go into effect.The city had vowed an appeal and said Thursday that lawyers had filed it late Monday.In his decision on March 11, State Supreme Court Justice Milton Tingling said the 16-ounce limit on sodas and other sweet dri...

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Found 1 month ago on channel MSNBC

Judge Approves American-US Airways Merger

(NEW YORK) — American Airlines won bankruptcy court approval Wednesday to combine with US Airways and form the world’s biggest airline. “The merger is an excellent result. I don’t think anybody disputes that,” Judge Sean H. Lane said before issuing his decision. (MORE: The Battle for the Future of American Airlines) But the judge declined to sign off on a proposed $20 million severance package for Tom Horton, currently the CEO of American’s parent AMR Corp. The approval is an important milestone for American, which filed for Chapter 11 in November 2011 after having long resisted using the bankruptcy process to cut labor and other costs. The merger still needs approval from Department of Justice antitrust regulators and US Airways shareholders. It is expected to close by the fall. The combined airline will have 6,700 daily flights and annual revenue of roughly $40 billion. The new American Airlines will fly slightly more passengers than United, the current No. 1. It will be run ...

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Found 1 month ago on channel TIME Business