The New York and London offices hosted seminars on the "Impact of Proposed U.S. Tax Rules on Debt-Equity Analysis." At the events, panels discussed the U.S. Department of the Treasury's proposed regulations focusing on the denial of tax deductions in relation to a wide range of intragroup indebtedness, through the wholesale or partial recharacterization of such debt as equity. London banking partner Mark Darley, New York tax partners Brian Krause and Sally Thurston, and Washington, D.C. tax partner Eric Sensenbrenner spoke in London on June 14. New York tax partners Edward Gonzalez, Brian Krause and Sally Thurston and Washington, D.C. tax of counsel William Alexander spoke in New York on June 28.