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The Supreme Court of Canada has brought some clarity to "transfer pricing"—an accounting method in which a multinational company charges for the products, IP licenses, and various services that it provides to a foreign subsidiary. On Thursday, in a win for Glaxo Smith Kline and its lawyers at Osler, Hoskin & Harcourt, the court ruled unanimously that the Canadian government had to take into account more than just the market price of a product when assessing whether a company's transfer pricing was reasonable.
Cite as: Tapia v. Successful Management Corp., 400536/08, NYLJ 1202475714044, at *1 (App. Div., 1st, Decided December 2, 2010)Before: Tom, J.P., Friedman, DeGra
Serino, plaintiffs v. Lipper, defendants-appellants-respondents
Continuous Representation Doctrine Does Not Extend Accrual Date of Untimely Accounting Malpractice ClaimsCite as: Daryl Graham v. Leonard Portuondo, 01-CV-6911, NYLJ 1202470007110], at *1 (EDNY, Decided August 12, 2010) Jack B. Weinstein, United States District Jud
Arbitration Scorecard: Treaties
A listing of investment treaty arbitrations active in 2007-2008 in which at least $100 million was in controversy. Expanded for the Web.Cite as: Young v. Zon, 04-CV-00363(VEB), NYLJ 1202483306158, at *1 (WDNY, Decided February 18, 2011)Magistrate Judge Victor E. Bianchini
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