• Corporate Tax - Russia

  Supreme Arbitrazh Court changes course on VAT invoices

  The Supreme Arbitrazh Court has issued a long-awaited resolution on the deduction of value added tax (VAT) on VAT invoices containing inaccurate data and signed by unauthorized persons. The decision differs radically from its 2008 position in ZAO Kestroy-1. Corporate taxpayers should take care to demonstrate that they are not complicit with bad-faith suppliers in their contractual dealings.

• Intellectual Property - Germany

  Patent court required to consider EPO decisions

  The Supreme Court in Civil Matters has ruled that the Federal Patent Court is required to consider European Patent Office decisions and decisions rendered in other member states of the European Patent Convention if they pertain to similar issues, including whether an invention is novel and inventive. Hitherto, the German courts have appeared reluctant to consider decisions rendered by foreign courts.

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• $7 billion disposal

  BP plc CMS Cameron McKenna LLP - Penelope Warne, Eleanor Layton, Stephen Millar; Sullivan & Cromwell LLP - James C Morphy, John Evangelakos, Christine Spillane
  Apache Corporation Slaughter and May - Charles Randell, Philippe Chappatte; Bracewell & Giuliani LLP - Patrick Oxford; Osler Hoskin & Harcourt LLP - Janice Buckingham, RJ Jack Thrasher, Stanley R Ebel, Peter Glossop
  Bank of America Merrill Lynch Davis Polk & Wardwell - Leonard Kreynin, Phillip R Mills
  Citigroup Global Markets Inc Davis Polk & Wardwell - Louis L Goldberg

• $3.5 billion acquisition

  General Motors Corporation Andrews Kurth LLP - Mark S Solomon, Melinda Brunger, Jeff Dodd, Quentin Faust, Christopher Fenelon, Mark Harris, Thomas Popplewell, Lance Schuler, Sharon Ward
  AmeriCredit Corpoation Hunton & Williams LLP - Gregory J Schmitt, Douglas M Berman, Steven Leshin, Scott Austin, Jeffry Blair, Alan Amarcuis@hunton.com
  Leucadia National Corporation Weil Gotshal & Manges LLP - Andrea Bernstein
  The Special Committee of the Board of AmeriCredit Akin Gump Strauss Hauer & Feld LLP - Robert Dockery
  Morgan Stanley
  JP Morgan Securities Inc

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