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Real Madrid criticised over ‘tax haven’ investment deal

The Spanish press has taken aim at Real Madrid for a private equity investment deal that, according to internal documents and emails, exposed the world’s second largest football club to reputational and tax risks because it involved entities in Luxembourg and the Cayman Islands.

Alvarez & Marsal launches Cayman office to expand insolvency offering

Professional services firm Alvarez & Marsal has opened an office in the Cayman Islands. The firm will provide a full service offering for alternative investment restructuring for corporations, institutional investors, hedge funds and private equity firms.

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