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12 Oct 2007, 12:51 am by Sean Hayes
CHAPTER II ESTABLISHMENT, ORGANIZATION, ETC. [read post]
9 Aug 2023, 9:01 pm by renholding
The Capital Proposal also would disproportionately impact banking organizations that are credit card issuers or have significant amounts of low-risk assets, including noncontrolling investments in US nonbanking companies, which are common among foreign banking organizations. [read post]
8 Jul 2009, 2:39 pm
Treasury evaluated these applications according to established criteria, including: (i) demonstrated capacity to raise at least $500 million of private capital; (ii) demonstrated experience investing in Eligible Assets, including through performance track records; (iii) a minimum of $10 billion (market value) of Eligible Assets under management; (iv) demonstrated operational capacity to manage the Legacy Securities PPIP funds in a manner consistent with… [read post]
13 Jan 2021, 7:21 am by Patrick McDonnell
” They either hold mortgages from lenders or package them into mortgage-backed securities, a type of investment product. [read post]
The proposals in the second document, which we refer to as the "liquidity proposals", impose two measures of liquidity risk exposure, one based on a 30-day time horizon and the other addressing longer term structural liquidity mismatches over a one-year time period. [read post]
10 Dec 2009, 6:09 am by James Morphy, Sullivan & Cromwell LLP,
For a discussion of the amendments specifically affecting registered investment companies, see our companion publication, also issued today, titled Use of Credit Ratings Under the Investment Company Act of 1940. [read post]
3 Oct 2012, 8:14 am by Daniel Richardson
  The Club recently found religion and re-incorporated. [read post]
10 May 2010, 11:30 pm by Martin George
 His recent publications include ‘The Significance of Close Connection’ in Ahern and Binchy, The Rome II Regulation on the Law Applicable to Non-Contractual Obligations (Nijhoff, 2009) , and ‘Choice of Law in Europe: Uniformity and Integration’ (2008) 82 Tulane LR 2021. [read post]
10 Mar 2014, 7:35 am
  The second involves the internal governance structures of limited liability cooperatives. [read post]
1 Mar 2019, 5:57 am by Samuel Cohen
  Other Key changes to Italian Securitisation Law in December 2013 and June 2017: ·     Possible to transfer existing bank loan and related security package (including mortgages) to securitisation SPVs which fund the purchase of the loan through the issue of asset-backed notes purchased by ultimate non-bank investors ·     Avoids the intermediation of Italian banks/IBLOR structures… [read post]
  In the case of Main Street Priority Loans and Expanded Loans, the Main Street Loan must be on a senior or pari passu basis in terms of collateral and payment priority with the borrower’s other debt (except for “mortgage debt”, which is generally defined as  (i) debt secured by real property or (ii) limited recourse equipment financings, including capital or finance leases). [read post]
24 Feb 2009, 2:34 pm
The plaintiffs also claimed that the director defendants and certain other defendants were liable for waste for: (i) allowing Citigroup to purchase $2.7 billion in subprime loans in 2007; (ii) authorizing and not suspending the Company’s share repurchase program in 2007 which allegedly resulted in the Company buying its own shares at “artificially inflated prices; (iii) approving a multi-million dollar payment and benefit package in November 2007 for… [read post]
7 Feb 2020, 7:53 am by Shannon O'Hare
Elliott was one of several “holdout” creditors, refusing to accept a large loss on its investment, and successfully sued Argentina in the US courts for full recovery of assets. [read post]
6 Nov 2018, 11:51 am by Samuel Cohen
The general principle is that such structures are governed by the laws of the jurisdiction where the assets are located. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
  Parallel debt structures are also sometimes used in secured syndicated facilities. [read post]
25 May 2022, 9:01 pm by Richard Zelichov and Trevor T. Garmey
  It asks for information on the impact of the Russian invasion on operations, assets, and liquidity, with a particular focus on assets that may be seized by the Russian government. [read post]
Ironically, this initiative also represents a return to an organizational structure the Division followed for many years in which a significant portion of the staff was divided into groups along industry lines for investment advisers and broker-dealers. [read post]
6 Nov 2020, 7:08 am by Shannon O'Hare
Withholding tax of 15 per cent must be deducted by a purchaser from sale proceeds arising on the sale of certain assets (i.e. [read post]
1 Dec 2021, 7:40 am by Shannon O'Hare
   SECURITY AND TRUSTS / AGENCY Trust and security agency structures are utilised in Venezuela. [read post]
3 Nov 2022, 11:00 pm by Daniel Jin
In addition, foreign entities acquiring local credit should register the transaction with the Central Bank of Brazil as direct investment in a local asset, in order to facilitate remittance of cash and payment of capital gain taxes in the future. [read post]