22.11.2023 Banco Popular: Shareholders and creditors not entitled to co ... The General Court of the EU decided today that affected shareholders and creditors in the course of winding up Spain's ailing Banco Popular in 2017 were not entitled to compensation from the Single Resolution Fund, as they would not have received better treatment in the event of the liquidation of the bank than that resulting from its resolution. Categories: From EuropeKeywords: Liquidation, resolution
18.02.2015 Dividend to controlling shareholder taxable on resolution The Supreme Tax Court has held that a dividend payable by a solvent subsidiary to its shareholder with a controlling interest is generally taxable income for the latter on the date of the resolution regardless of a resolution for a later date of payment. Categories: Supreme Tax Court casesKeywords: dividend, controlling interest, resoluti ...
