Not exact matches
It's not clear who at Goldman Sachs had chief responsibility for originating and
structuring the loan to Banco Espirito Santo, though such a commitment
typically has to move through the firmwide capital committee, which includes senior executives like Chief
Financial Officer Harvey Schwartz and Chief Risk Officer Craig Broderick.
By allowing lawyers to offer legal services in conjunction with other services (what are
typically referred to as multidisciplinary practices, or MDPs), where the
structure and all its professionals (psychologists,
financial advisors,...) are subject to the ethical standards that apply to all law firms,
Typically designed so that the surviving business partner would have the money to purchase the company interests, life insurance for businesses can also be
structured as «key person insurance,» where if a key employee dies the business owner will receive a benefit to help offset the
financial impact of losing the key employee.
Only two years ago, owners
typically were able to obtain a senior loan on about 65 % to 75 % of the total capital
structure of a deal, but that range has fallen to between 50 % and 60 % because of rising risks in commercial real estate, says Donald Braun, the president of Hall
Financial Group, a Frisco, Texas - based provider of mezzanine financing.
These groups
typically offer a variety of
structured financial solutions to experienced developers, focusing on larger transactions as these entities are extremely well - capitalized.