J. Tax Deferred Reorganizations Tax Deferred Reorganizations which are commonly referred to as “tax free” reorganizations provide an alternative with regard to purchasing entities using stock as the acquisition currency. Internal Revenue Code (IRC) Section 368 contains the provisions for tax free reorganizations which defer the gain recognition in specified corporate acquisitions. Partnerships generally do not fall under these provisions. Generally, only the first three types or a variation of them
For the exclusive use of C. JUTIDHARABONGSE KEL697 Revised October 16, 2012 CRAIG FURFINE Working at Workouts: Commercial Real Estate Debt in Distress Sam Schey, asset manager at Drive Property Solutions, came into his office on Monday, May 10, 2010. He had just returned from a weeklong tour of distressed retail properties in the southeastern United States. Touring commercial properties at various stages of distress was the most fascinating part of Schey’s career. His specialty was “special servicing”—the
Mortgage loan fraud is a common and often overlooked crime; it is taking place with increased prevalence today, due to the predominance of third-party loan originators (both brokers and conduit lenders). This type of fraud takes many different forms and is committed by buyers, sellers, attorneys, title companies, and others; in most cases it is overlooked by individuals, corporations, and law enforcement because it is seen as a “victimless crime”. In recent years, the booming real-estate market has
[The Credit Agreement] [The Loan] 1. Conditions Precedent to Funding 2. Drafting and Negotiating Conditions Precedent (Credit Agreement) The conditions precedent section of a credit agreement sets out the requirements that must be met before the credit agreement becomes effective and loans can be funded. One of the most fundamental tensions in a financing transaction is between the lender’s need to mitigate the risk that its loans will not be repaid and the borrower’s need for certainty that
Winter 2011 Personal Management Case: A Business Partnership Gone Bad By DeEsta L . Crenshaw Writing Assignment: Personal Management Case March 07, 2011 La Verne University Personal Management Case: A Business Partnership Gone
Ch.1. Real estate space and asset markets. Space market ( the market for the usage of (or right to use) real property (land and built space); also referred to as the real estate usage market or rental market. Demand side: individuals, households and firms that want to use space for either consumption of production purposes. Supply side: real estate owners who rent space to tenants. 1. Segmentation of space markets. Both the demand and supply side are location and type specific
Ch.1. Real estate space and asset markets. Space market ( the market for the usage of (or right to use) real property (land and built space); also referred to as the real estate usage market or rental market. Demand side: individuals, households and firms that want to use space for either consumption of production purposes. Supply side: real estate owners who rent space to tenants. 1. Segmentation of space markets. Both the demand and supply side are location and type specific