Cadwalader, Wickersham & Taft may have found a way to help more U.S. companies use corporate inversions to lower their tax bills. Salix Pharmaceuticals has retained the firm, as well as Covington & Burling and leading Irish shop A&L Goodbody, for its $2.7 billion acquisition of patents to gastrointestinal drugs owned by an Irish unit of Italy's Cosmo Pharmaceuticals.
July 09, 2014 at 06:37 PM
1 minute read
UPDATE: 8/19/14, 10:40 a.m. EDT. The names of the lawyers from Procopio have been added to the 12th paragraph of this story.
Several Am Law 100 firms have sought to carve out a niche in the corporate inversions space, but Cadwalader, Wickersham & Taft may have found a way to help more U.S. companies use the controversial maneuver to lower their tax bills.
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