Advising the liquidators of a special
purpose vehicle dealing in trade finance transactions, whose assets had been fraudulently misappropriated, in relation to claims against third parties.
Not exact matches
In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing
vehicle for the
purpose of recapturing your cost of capital incurred when having to
deal with third party lenders or using your own cash.
In that
deal, AIG and the Federal Reserve Bank of New York created a special
purpose vehicle for AIA in order to prepare the unit for an initial public offering.