Hints and tips:
Related Special Reports
...Its chief executive later explained the company had done so through “the ordinary course of its surety business and is acting as a neutral party”....
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...” for a valid surety in New York....
...Trump’s legal team said on Monday that the Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...A surety bond serves like a bank letter of credit. It guarantees that a defendant can pay a legal judgment if appeals do not succeed....
...Going by altitude alone is not the safest predictor of snow-surety, though. Climatic conditions can have a sizeable impact....
...But the Trump Organization is a private company, and it is almost impossible to verify his claims....
...They said that in their efforts to secure the larger bond they had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...A servicing company placed the loan on watch for possible default — although the Trumps have remained current on their payments....
...“For the American and European supply chains to be built, you need a surety built by the government,” said Matthew Ashley, senior cobalt trader at Traxys, a Luxembourg-based trading house....
...Unfortunately for Trump, it seems no lenders will provide him with the surety bond to cover his damages....
...Before New York attorney-general Letitia James more than halved the original bond, Trump’s lawyers said 30 surety companies refused to underwrite such a large amount....
...lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could then back a surety...
...He did a U-turn on TikTok, now saying its Chinese parent company should retain ownership....
...Using high quality bonds or securities as surety creates complicated linkages....
...That need for surety is bemusing some economists and investors....
...Though it has turnover of £1.2bn and more than 400 stores across the UK, the company has faced challenging cash conditions since last year....
...With dividend yield now 10 per cent, the market is demanding more surety for risk....
...of a buyout that transfers all liabilities to an insurance company....
...I was able to tell colleagues quite truthfully that the Midlands boss of XYZ Accountants had become an avid reader since my appointment....
...Don’t be confined to the walls of your company — reach out through industry groups to grow your network....
...Still, coding is one of the top areas in which companies are looking to implement generative AI....
...Apple’s shares fell 3.7 per cent amid concerns of slowing demand for its gadgets, taking the company’s market capitalisation below $2tn....
...The monetary terms dealt with, Black now turned to surety....
...Philip Mould & Company announced its own rediscovery last week, having purchased what the team believe is “one of the very earliest depictions of an interracial family relationship in American art”....
International Edition