Hints and tips:
...Such “hung deals” have limited banks’ capacity to make new loans....
...“One of the issues with high-profile situations is that clients are looking for firms with a depth and breadth of experience to help them,” said Nancy Rapoport, a law professor at University of Nevada, Las...
...The firm helped J&J create a limited liability company in Texas, forming the subsidiary that would take on the baby talc claims....
...Or they want to own their home through an LLC [limited liability company] — maybe a celebrity who wants to keep their identity private,” she says....
...A $180 charge for a meal with a management team in 2010 turned out to be paid to a vendor called La Contessa — a high-end hair salon rather than a restaurant....
...“In Nevada gaming is not confined to the multibillion-dollar mega resorts on the Las Vegas strip....
...Years later, she pitched Age of Vice, the first novel of a crime trilogy set in Delhi. In October, her agents submitted the manuscript to publishing houses in New York and producers in LA....
...The Chan Zuckerberg Initiative, co-founded with his wife Priscilla Chan, has called itself “a new kind of philanthropy”, registering as a limited liability company....
...On the face of it, Mr Trump was not a beneficiary of the apartment sales. The vendor was another limited liability company, Bayrock/Sapir Organization LLC....
...Sheldon Adelson, the billionaire casino magnate, snapped up the Las Vegas Review-Journal, Nevada’s biggest newspaper, for $140m in 2015....
...“Apartment developers and investors have overdone it in a very big way — fuelled by Fannie and Freddie,” says Douglas French, a real estate consultant who advises building companies in Nevada....
...Convention business, the lifeblood of Las Vegas, dried up as the financial sector steered clear of Nevada....
...could lose its status as a public company....
...And there is limited ability to re-price liabilities thanks to state rules mandating fixed interest rates on savings....
...Linn had an unusual financial structure for an oil production company, being organised as a tax-privileged limited partnership that was expected to distribute most of its free cash flow as dividends....
...More than half those purchases in Miami and almost a third of them in Manhattan involved limited liability companies used to shield the identity of buyers, according to RealtyTrac....
...The company’s strategy has always been to get the senior lenders on board before taking on the more junior creditors who are facing big losses....
...If other creditors sign off on the deal the company announced in a securities filing late on Friday, the most senior lenders will receive 100 cents on the dollar, but not all in cash....
...Novo Banco received most of BES’s assets and liabilities as well as a €4.9bn capital injection from Portugal’s bank resolution fund, financed largely by a state loan....
...The limited liability company (LLC) allows this protection without incurring entity level tax. Unfortunately, these vehicles generally lead to greater tax for UK citizens....
...Borrowings secured by inventories pose limited credit risk to the lender, especially to the extent that these inventories are in relatively liquid commodities (e.g., deliverable aluminum held in an LME warehouse...
...As a further factor, we argue that a liability transaction of a haircut on guaranteed senior unsecured debt would mirror a wrong ranking in regard to the bank’s liability structure....
...As well as arrogating voting rights, he specified that its directors’ liability “shall be eliminated or limited to the fullest extent permitted” by Nevada law....
...Last month, state prosecutors proposed to effectively release the five big lenders from legal liability for allegedly wrongful securitisation practices related to the banks’ treatment of loan documents....
...The funds have been raised by Taurus Asset Finance and Harcourt Capital through two Limited Liability Partnerships set up to invest into enterprise zones, operated and promoted by Oxygen Ventures....
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