First, law firms are not inherently different than other businesses that provide professional services and, second, law firms should, therefore, operate as corporations with a traditional
corporate capital structure.
Last, floating - rate loans are often most senior in
corporate capital structures: important because floating - rate loans are often extended to companies with below investment - grade credit ratings.
Not exact matches
The report is the most comprehensive effort to provide cross-industry external benchmarks for
corporate venture
capital (CVC) compensation levels and
structures at Global 2000 companies.
That investors have been stretching their risk profiles to meet income goals is evident in rising levels of
corporate leverage and fewer protections for creditors — in
capital structures that increasingly favor the interests of issuers.
Event - driven managers invest in securities of companies in the midst of
corporate events such as bankruptcies, changes in
capital structure, or mergers and acquisitions.
One example: a
corporate bond relative value strategy that examines the
capital structure of a particular issuer and discovers that short - term credit spreads are too high relative to long - term credit spreads.
When and if interest rates begin to rise,
corporates may have the incentive to tilt their
capital structure back to equity, or at least to reduce stock repurchases, which could raise further questions about stock market valuations.»
HFRI Event Driven Index maintains positions in companies currently or prospectively involved in
corporate transactions of a wide variety including, but not limited to, mergers, restructurings, financial distress, tender offers, shareholder buybacks, debt exchanges, security issuance, or other
capital structure adjustments.
Steven currently supports the firm's investment banking efforts, and has covered the origination,
structuring, and execution of numerous transactions and served as strategic advisor to senior executives, providing advice on M&A, private equity, strategic relationships, and strategic positioning for
capital - raising efforts and other
corporate initiatives.
The credit segment invests in non-control
corporate and
structured debt instruments, including performing, stressed and distressed investments across the
capital structure.
Tsai said Alibaba had proposed a
corporate structure that would enable its founders — or partners — to set the strategic direction for the company «without being influenced by the fluctuating attitudes of the
capital markets» in order to protect the interest of customers and all shareholders.
Stathis gained also significant experience in the Investment Banking and Large
Corporate &
Structured Finance units of Piraeus Bank, as financial advisor in M&A and
Capital raising projects.
«The Governor made an ironclad commitment to this program in his budget — a funding
structure corporate America's bond markets have accepted many times before in other
Capital Programs,» countered Cuomo spokeswoman Beth DeFalco.
Corporate finance: It involves working on accelerating the value of the firm to the stakeholders by taking care of the sources of funding and the
capital structure of organizations.
Corporate Finance:
Corporate back is the territory of fund managing the wellsprings of subsidizing and the
capital structure of enterprises, the moves that supervisors make to build the estimation of the firm to the shareholders, and the instruments and investigation used to assign money related assets.
The regulators haven't done well in setting up rating agencies of their own, so let the rating agencies continue on, but let the regulators be smarter in how they set the
capital levels (higher for
structured products than for
corporates and munis, because of loss severity leverage), and what they allow regulated entities to invest in.
One example: a
corporate bond relative value strategy that examines the
capital structure of a particular issuer and discovers that short - term credit spreads are too high relative to long - term credit spreads.
A Model of
Corporate Bond Prices with Dynamic
Capital Structure by Miikka Taurén of Indiana University (569K PDF)-- 51 pages — April 19, 1999
Also, because it is set up in a
corporate class
structure, there are no
capital gains taxes when the funds are automatically rebalanced periodically.
In the
capital structure, preferred shares are subordinate to bank loans and senior
corporate bonds, but they are senior to common stock.
That investors have been stretching their risk profiles to meet income goals is evident in rising levels of
corporate leverage and fewer protections for creditors — in
capital structures that increasingly favor the interests of issuers.
The final destination with this approach is to home in on the sales / operating profit performance of each distinct ² division / segment (and look at
corporate HQ costs,
capital structure & taxes separately).
And boy, this approach can deliver — what emerges from the mist can really amaze sometimes... Remember, most writedowns, «compliance», interest (/
capital structuring), taxes etc. happen at the
corporate level.
The entire
capital structure is consistent with low - ish
corporate bond yields, and low - ish volatility.
• Performance cues: To the extent that the excess returns from this strategy come from changes made at the firm to operations,
capital structure, dividend policy and / or
corporate governance, you should keep an eye on whether and how much change you see on each of these dimesions at the targeted firms.
As a policy holder I imagine that you have a pretty solid position in the
capital structure of these companies, but not to make things overly complicated: what happens if we use the yield on investment grade US
corporate bonds as a discount rate?
Suppose we had seven guys in the room, an economist, a guy from a ratings agency, an actuary, a guy who does
capital structure arbitrage, a derivatives trader, A CDO manager, and a guy who does nonlinear dynamic modeling, and we asked them what the spread on a
corporate bond should be.
Corporate events are typically purchases and sales of assets or subsidiaries that change the nature of a company, or wholesale change in the
capital structure of a company on the whole.
Somehow and in some miraculous but unexplained way conversion from LLP to
corporate structure wafts away the need for
capital and solves all cash flow.
As a partner, if you are tempted to meet a cash call, do your due diligence or better still, avoid putting your personal assets at risk and move to a well - funded and properly managed
corporate structure which does not require you to make any
capital contribution at all.
Law firms should introduce a
corporate structure which requires no
capital contribution, allowing partners within the business to flourish and do what they do best.
Brach Eichler's tax lawyers are integral members of the firm's teams involved in
corporate, limited liability company and partnership start - up
structures, including preferred
capital and returns, unique
capital structures and profit owners, as well as normal business transactions.
He specialises in
corporate finance, domestic and cross-border public company M&A,
corporate and acquisition financing
structures, as well as secondary issues and
capital restructurings.
Main areas of work Anti-corruption and Foreign Corrupt Practices Act, antitrust,
capital markets,
corporate governance, derivatives and
structured products, environmental, executive compensation and employee benefits, finance, financial institutions advisory and financial regulatory, financial restructuring and insolvency, intellectual property, international arbitration, international trade and government relations, investment funds, litigation, mergers and acquisitions, project development and finance, real estate, sports, tax.
Main areas of work The firm offers legal representation in antitrust, banking, business fraud,
capital markets,
corporate finance,
corporate governance, energy, executive compensation, financial restructuring, healthcare, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization,
structured finance and tax.
We conducted the settlement negotiations and
structured the settlement terms and its execution along with comprehensive advice on
corporate law and
capital markets law aspects, in particular on the compensation by shares first time applied in the market; bpv Hügel already advised on the merger in 2010, represented in the review proceedings.
He has enjoyed a 40 - year career in the UK and Middle East, and has experience of company and business sales and acquisitions,
corporate finance, share
capital and
structures and shareholders» agreements.
He brings decades of finance,
structuring and
corporate experience to Therium as he spent his entire career advising clients on mergers and acquisitions, venture
capital financing, tax planning and compliance, and has represented dozens of start - up and development - stage companies.
All aspects of
corporate, financial, banking, regulatory and general transactional work are covered by our team including inward investment, mergers and acquisitions, private equity and venture
capital,
corporate structuring and restructuring, joint ventures,
corporate reorganizations and initial public offerings.
Corporate development, from formation through exit strategies, including mergers, acquisitions, divestiture, management of internal
structure and growth, and
capital formation
Senior associate Grace Hui advises trustees, issuers, paying agents and
corporate services providers on a range of
structured finance and
capital markets transactions, including complex CMBS and RMBS securitisations.
We regularly represent clients in mergers & acquisitions, international trade, derivatives and
structured products, private
capital, securities and
corporate governance, outsourcing and e-commerce.
We leverage our strengths in private equity, venture
capital,
structured and leveraged finance, investment fund formation and management,
corporate and securities regulation, international and not - for - profit tax, and international dispute resolution with the resources of our offices in North America, Asia, Europe, and the Middle East.
Main areas of work Debevoise & Plimpton LLP has three main areas of practice:
corporate (including mergers and acquisitions, private equity, investment funds, insurance, banking, leveraged finance, business restructuring and workouts, asset management,
capital markets,
corporate governance,
structured and project finance, aviation finance, healthcare and life sciences, intellectual property, media and telecommunications, real estate, energy and environmental law), litigation (including white collar / regulatory, international dispute resolution, intellectual property, general commercial litigation, cybersecurity and data privacy, insurance, securities, antitrust, employment, bankruptcy and products liability) and tax and employee benefits.
Significant experience in all areas of
corporate activity, including mergers and acquisitions, public takeovers, IPOs and secondary offerings, private placements of securities, debt financing and related finance
structuring of
corporate transactions,
corporate governance, partnership
structures, private equity, venture
capital, joint ventures, international commercial transactions, project support and company secretarial services.
I also have extensive experience advising financial institutions,
corporates and intermediaries on
capital markets,
structured finance and investment fund transactions.
In Bangkok we advise across a range of practice areas including the full range of financing law: banking, projects, acquisition finance and real estate finance; all areas of
capital markets, including international securities advice and
structured finance; and our
corporate / M & A team is recognised as a market leader for all disciplines, including private equity.
These include general banking, leveraged finance, asset finance, trade and commodity finance, derivatives,
structured products, prime brokerage, debt and equity
capital markets, securitisation, high yield debt, distressed debt,
corporate trust, restructuring, private equity / venture
capital, private wealth management, funds, regulatory, consumer finance, consumer credit, and insurance (
corporate, retail and litigation).
Lederman J. found that soon after receiving the investment funds, the managing shareholder, Akman, altered the
capital structure of the corporation to give himself voting control and engaged in self - dealing, thereby diverting millions in
corporate funds for his personal benefit.
Cyprus AIFs may be set up using a
corporate or contractual
structure (i.e. limited partnerships or investment companies with fixed or variable
capital or common funds).