Major international bank assists in recovery of multimillion euro tax claim assigned by key commercial partner in tax-post-litigation scenario

Client(s) Major international bank

Jones Day advised a major international bank in relation to the recovery of a multimillion euro tax claim assigned by a key commercial partner in a tax-post-litigation scenario where such tax claim was found inexistent by the Italian Supreme Court. Jones Day counseled the client on possible new local and EU court actions thereof, and on possible alternative paths to force an amicable solution to make the client whole while preserving any relevant business relationship.