McCann Fitzgerald's tax practice advises mostly on corporate and banking matters. The practice sits within the corporate and commercial department of the firm, often providing transactional support work. Michael Ryan, who is described by his peers as ...
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McCann Fitzgerald's tax practice advises mostly on corporate and banking matters. The practice sits within the corporate and commercial department of the firm, often providing transactional support work. Michael Ryan, who is described by his peers as an "excellent practitioner" is on sabbatical until this September.
The group has worked on a number of innovative transactions this year. Justin McGettigan and the rest of the team recently advised on the €3.8 billion investment by the Irish government, made through the the National Pensions Reserve Fund, in Allied Irish Bank. This occurred only two days after the introduction of the Credit Institutions (Stabilisation) Act.
The group also advised Allied Irish Bank on the €2 billion sale of M&T Bank in the US. This involved the issuance of contingent mandatory exchangeable notes that were then listed on the New York Stock Exchange. The practice also benefits from a stream of referral work fromforeign law firms, such as Arendt & Medernach and Loyens & Loeff in Luxembourg.
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