The District Court for the Central District of California recently held that an assignee that acquired rights to
a terminated swap agreement was not a «swap participant» under the Bankruptcy Code and, therefore, could not invoke...
Not exact matches
SACRAMENTO, CA, April 6, 2017 - RiceBran Technologies (NASDAQ: RIBT and RIBTW)(«RBT»), a global leader in the production and marketing of value added products derived from rice bran, today announced that it reached an
agreement on Friday, March 31, 2017, with Alothon Group, LLC («Alothon»), its minority co-investor in Nutra SA, that
terminated Alothon's roll - up rights, a process that would have allowed Alothon to
swap its equity position in Nutra SA for an equivalent value of RiceBran Technologies common stock.
SACRAMENTO, CA, April 6, 2017 — RiceBran Technologies (NASDAQ: RIBT and RIBTW)(«RBT»), a global leader in the production and marketing of value added products derived from rice bran, today announced that it reached an
agreement on Friday, March 31, 2017, with Alothon Group, LLC («Alothon»), its minority co-investor in Nutra SA, that
terminated Alothon's roll - up rights, a process that would have allowed Alothon to
swap its equity position in Nutra SA for an equivalent value of RiceBran Technologies common stock.
A credit default
swap is an
agreement where one party agrees to make a payment to another party when a default takes place, in exchange for regular compensation until the
agreement terminates or a default happens.
Does a taxable event occur when the
swap agreement expires or is
terminated?