World Tax - Home
The comprehensive guide to the world's leading tax firms

The four tax partners and the other consultants at A&L Goodbody had plenty of opportunities to use their skills over the last year in M&A, securitisation and capital markets, restructuring and insolvency, and corporate migrations. Peter Maher is the ... [more]

The four tax partners and the other consultants at A&L Goodbody had plenty of opportunities to use their skills over the last year in M&A, securitisation and capital markets, restructuring and insolvency, and corporate migrations. Peter Maher is the head of tax. While transactional work has been lighter, which is true for all other advisers in the market, other areas have become more prominent such as advising private equity groups on purchasing the distressed debt from their own investments and setting up Irish structures to invest in China because of the favourable tax treaty between the two countries. Andrew Quinn advised the receiver to Waterford Wedgewood, the luxury goods group, on asset disposals. Quinn was retained by Elan, the pharmaceuticals company, when Johnson & Johnson acquired its Alzheimer's Immunotherapy Programme and bought a $1 billion stake in the company. Capital markets work included a series of four residential mortgage-backed securitisations (RMBS) for Irish Life and Permanent that involved floating rate note programmes worth between €1.5 billion ($2.1 billion) and €6.5 billion ($9.3 billion). The practice also advised Allied Irish Banks and Clogher Securities on a €2.3 billion securitisation of a portfolio of residential mortgages that was documented under Irish law so that it qualified for the Eurosystem. James Somerville advised WPP, the advertising and marketing communications group, on the establishment of an Irish-resident holding company when the company moved its tax domicile to Ireland.