Sentences with phrase «sale of assets -lsb-»

If the business owns appreciated property, a sale of assets will produce a gain that could be offset by the credits or net operating loss carryovers.

«The sale of these assets leaves our remaining portfolio significantly enhanced, with higher sales productivity and faster net operating income growth,» Taubman's chairman, president & CEO, Robert Taubman, said in the REIT's announcement.

He also successfully ran the acquisition of New America Financial, which involved the purchase of $ 300 million of servicing and $ 500 million of residential mortgages loans and was involved in the successful sale of these assets.

The Brokerage did not need a real estate license to sell the berry business, but the Brokerage had not entered into a separate agreement for the sale of those assets and instead was trying to use the listing agreement to collect payment for its services in the sale of the berry farm assets.

Because these assets were not clearly described in the listing agreement, the Brokerage could not use the listing agreement to collect a commission from the sale of those assets.

All sorting, packing, moving, disposal, sale of assets, shipping, unpacking and home preparation expenses covered with central billing and record keeping until your home has sold and closed.

It is extremely important that investors always review any transaction and the various tax deferred and tax exclusion strategies and structures available with their tax and legal advisors before proceeding with any sale of assets or property.

This advice would also be applicable if licensees are involved in the sale of a business that initially involves the sale of assets with a real estate component which would require a real estate licence but subsequently changes to the sale of less than 100 % of the shares of the corporation owning the real estate which would not require a real estate licence.

Licensees are cautioned that before proceeding with the sale of a business, brokerages and licensees must determine whether the transaction includes a real estate component in circumstances where there is a sale of assets or the sale of 100 % of the shares of the corporation owning the business.

A stock sale is considered a personal transaction subject to a 20 percent personal capital gains tax, whereas the sale of assets would be attributed to the corporation and would be taxed at the corporate rate, which is often higher.

«The sale of these assets is highly strategic... Overall, Glimcher is making some pretty terrific strides.»

The FDIC announced in July that it intends to test a funding mechanism in a sale of assets this summer, following a model similar to the Resolution Trust Corp. (RTC) in the 1990s.

«Furthermore, by funding much of this acquisition with proceeds from the sale of assets in our non-core, exit markets, we are accelerating the completion of the total transformation of our portfolio.»

According to WHO statistics 31 % and 47 % of the hospital admissions in urban and rural India are either financed by loans or through sale of assets.

In the event of a change in ownership, or a merger with, acquisition by, or sale of assets to, another entity, we may sell or otherwise transfer all information you provide to us, including personally identifiable information, to that entity.

This could remove the possibility of a forced sale of assets to generate cash.

The non-defaulting company could sue A for breach and recover the funds received for the sale of the assets.

Notable mandates: Lead counsel to Artis REIT as it purchased more than $ 1 - billion worth of property in Canada and the U.S. in 2012; continues to act for Arctic Glacier Income Fund in CCAA claims process following a $ 400 - million sale of assets; advised Coalspur Mines Ltd. (Alberta) in its seven - year commercial contract with CN Rail; represented Parrish and Heimbecker in its successful takeover of Thirdcoast Ltd.; involved in purchase by True North Sports & Entertainment of Atlanta Thrashers NHL franchise, now the Winnipeg Jets.

After a one time sale of assets, a company might report their underlying profits excluding those resulting for a sale.

Bank accounts and proceeds from the sale of any assets that has already taken place can also be frozen.

iMoney Corp. in an arbitration against Quebecor Media Inc. regarding a dispute arising from the purchase and sale of the assets of a Web - based financial information and services business.

Mistakes can be made due to inexperience, such as delaying the sale of assets, which can cause a decline in value.

Section 89 of the New Brunswick Employment Standards Act (like section 9 (1) of the Ontario Employment Standards Act discussed above) provides that where there is a sale of business (including a sale of assets) and employment is continued, the employee will be deemed to have been continuously employed by the new employer and his / her prior years of service with the seller will be attributable to the new employer for the purposes of the Act.

When there is a sale of assets, the purchaser of the assets may offer the seller's employees employment on terms and conditions that differ from those in place prior to the sale.

The law has long distinguished between the sale of assets and the sale of shares.

Insolvency and commercial specialist Denis Ferland represents Hale Capital, a debtor - in - possession lender, in an enforcement of lender's rights and sale of assets, through court process and proceedings.

As clients demand expertise in blockchain, more firms will continue to come on board with the idea of using the program to manage the sale of assets more efficiently and effectively than with other means.

The payment can be accomplished by the sale of assets and transfer of the proceeds, or by transferring assets to the other spouse.

Represented Leading Edge Turbine Technologies, Inc. and its shareholders in connection with the sale of its assets in January 2010 to Dresser - Rand Group Inc. for initial consideration of approximately $ 35 million.

The move unambiguously signalled that the firm had failed as an independent commercial concern and was now locked into an effective fire - sale of its assets and practice.

In April 2015, FDI agreed to the sale of its assets and instructed its employees that, because of the asset sale, their employment would terminate on August 4, 2015.

Proceedings before the Delaware Chancery Court involving competing proposals for the tax - free division or sale of assets of the corporation for the owners of 50 % of a large privately held convenience store and retail gasoline business.

Thus, there was a direct causal connection between the restrictive covenants and the sale of the assets, not the subsequent employment.

This did not change the essence of the obligation as being one connected to the sale of assets.

Represented a private corporation in the sale of its assets and real property in a multi-million dollar transaction

While you and your buyer may easily agree upon a sale price for the «entire» company often the IRS will see it as a sale of assets.

Acting in disputes referred to LCIA arbitration concerning the sale of assets relating to a grain terminal in the Ukraine.

Assist a financially distressed business with pre-bankruptcy analysis and review of business restructuring options, workout plans and sale of assets

The Superior Court held that the proceeds from the sale of assets were not «income» within the statutory definition.

Represented financial institution in litigation regarding alleged fraud in the sale of assets of failed bank.

If you've found someone to buy your business, or you've agreed to buy someone else's company, a sale of assets worksheet helps you both get organized before you sign a Purchase Agreement.

In the event that the ownership of the Rainforest Alliance, Inc. or an affiliate or their assets changes as a result of a merger, acquisition, sale of assets, or in the unlikely event of a bankruptcy, your information may be transferred to another company.

But loosely speaking, what has happened in the western world (not just the US, we have plenty going on in Europe) is something that has been done to the rest of the world since the 1970s; a debt fueled boom is induced, government ends up borrowing too much on the back of it, the boom turns to bust, and in the fallout there is a savaging of various government programs and a fire sale of assets.

Germany's bankrupt Airberlin keeps limping along as it negotiates the sale of its assets to competitors, but that hasn't stopped Lufthansa from targeting a couple of Airberlin routes.

Simultaneously the company had signed with private investment firm Whippoorwill Associates to begin the sale of its assets — including Windstar Cruises.

Or will unexpected bills — or squabbles among your children — force the dissolution of your store and a sale of its assets at discount prices?

The loss from the sale of assets such as stocks, bonds, mutual funds and real estate.

Gains from the sale of assets owned for 12 months or less are «short - term capital gains» and are taxed in your top tax bracket, just like salary.

Under the terms of the sale of its assets and rights relating to its anthrax vaccine product candidate and related technology to Emergent BioSolutions Inc, (Emergent), Emergent may be obligated to pay VXGN up to an additional $ 7M in milestone payments, plus specified percentages of future net sales for 12.5 years beginning from the first commercial sale.

The Special Committee and Piper Jaffray broadly solicited expressions of interest in a purchase of or strategic relationship with the company and also evaluated several other strategic alternatives, including a distribution to shareholders through a sale of assets and liquidation of the company.