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15 Jan 2009, 5:48 am
Argentina’s stock market subsequently lost more than half of its value, the bond market plummeted and the value of the Argentine peso dropped dramatically. [read post]
14 Jan 2009, 8:04 am
The bill also contains a provision disallowing valuation discounts for transfers for interests in entities (such as LLCs and corporations) containing "nonbusiness assets. [read post]
13 Jan 2009, 2:05 pm
However, federal law (12 USC § 1701j-3(d)) provides a number of exceptions (emphasis added): (d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option… [read post]
8 Jan 2009, 11:41 am
“Competing Business” shall mean any firm, partnership, corporation, entity, or business that [___________]. [read post]
7 Jan 2009, 5:17 am
A U.S. company not engaged in business in Italy owned stock of an Italian company and transferred the right of use of that stock (so called usufruct), including the right to collect the dividends on the stock, to another Italian company, at a price reflecting the amount of the dividends that were reasonably expected to be declared on the stock during the time of the contract. [read post]
5 Jan 2009, 6:39 am
Documentation submitted with this request shows that Taxpayer A established IRA X with a deposit in the amount of Amount D with a transfer of funds from an IRA he maintains with Company M. [read post]
3 Jan 2009, 9:48 am
Department of Labor standards for participants in ERISA-covered defined contribution plans, such as 401(k) plans and employee stock ownership plans. [read post]
31 Dec 2008, 5:31 am
The deliberate purchase was not a transfer of ownership by operation of law.Conclusion: The Court held that GOB may not maintain a derivative action challenging the agreement because it did not own Rainbow Canyon stock at the time of the transaction it complains of and did not acquire its share of stock by operation of law.Affirmed.J. [read post]
21 Dec 2008, 12:31 pm
An LLC combines the best features of a corporation with the best features of a partnership. [read post]
18 Dec 2008, 12:31 pm
The Court held that the requirement imposed under German law, according to which the shareholders of the transferred corporation ("target") are not taxed on the gain from the exchange of their shares in the target for the shares of the acquiring corporation, at the condition that the acquiring corporation takes a tax basis in the shares of the target equal to the transferring shareholder's tax basis in those shares prior to the… [read post]
12 Dec 2008, 12:18 am
" Berger said that corporate governance reforms like this are a frequent result from derivative suits. [read post]
8 Dec 2008, 2:12 pm
On October 2, 2008, Wells Fargo presented Wachovia with a signed and Board-approved offer to purchase Wachovia Corporation without government assistance in a stock-for-stock merger transaction valued at $10 billion. [read post]
6 Dec 2008, 3:21 pm
The same nonrecognition treatment can apply also in case of transfer of Italian assets or stock in a contribution transaction between two foreign companies. [read post]
4 Dec 2008, 4:18 pm
Such a transfer can achieve important tax savings. [read post]
3 Dec 2008, 10:38 pm
All ten shares of Sareb stock were issued to her, and she was appointed the corporation's president and director. [read post]
3 Dec 2008, 5:00 pm
As for corporate aircraft, the company "is immediately ceasing all corporate aircraft operations" and is "exploring options for transferring the aircraft. [read post]
1 Dec 2008, 4:40 pm
Thus, the case had to be transferred to the Delaware trial court of general jurisdiction, the Superior Court. [read post]
26 Nov 2008, 3:10 am
"Many of your largest corporations, many of your movie stars, do much the same thing here," says the banker. [read post]
21 Nov 2008, 8:11 pm
He created two corporations, wholly owned by himself, and proposed to transfer his shares to those corporations. [read post]
19 Nov 2008, 7:15 pm
The corporation was extremely successful, and the husband at one point transferred all his shares into a trust with instructions to distribute 46% of the stock to the wife upon his death to satisfy her community property interest. [read post]
