Loss Information

Earthquake insurance

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Internal Revenue Code section 1031

See also: Tenants in common 1031 exchange Taxation in the United States This article is part of the series: Politics and government of the United States Federal taxation Authority · History...

Zombie banks still walk among us - May. 25, 2009

CNNMoney.com
In metropolitan Atlanta and the state of Florida, for example, more than 50 banks reported non-performing asset levels of 10% or more of total assets as of the end of March, according to the Raleigh, NC-based investment bank Carson Medlin. Non-performing assets are loans that are not collecting interest or principal payments. In more normal economic times, ...

The FINANCIAL - Bank of America Business Capital Provides $50 Million Asset-Based Loan to Agilysys

The FINANCIAL, Georgia
The asset-based loan provides flexibility to fund a variety of investments including, but not limited to, working capital, capital expenditures and acquisitions. Bank of America is also providing Agilysys with letters of credit as well as treasury management products and services.   “The new credit agreement enhances ...

Blockbuster Reports First Quarter 2009 Financial Results

Asset-Based Loan Blockbuster today announced that its subsidiary, Blockbuster Canada Co., entered into an agreement with Callidus Capital Corporation, a privately-held Canadian lender, to provide a non-revolving asset-based loan in the amount of $21 ...

Intertape Polymer Group Reports First Quarter 2009 Results

As at March 31, 2009, the Company had cash on hand and unused availability under its $200.0 million asset based loan ("ABL") totaling $38.5 million. The ABL has one financial covenant, a fixed charge ratio, the target for which is 1.0 to 1.0. The ...

Commercial Vehicle Group Reports First Quarter 2009 Results

These actions are key drivers behind our success of achieving a neutral cash position through the first quarter of this year despite a $6.0 million bond interest payment and the cost of our new asset based loan agreement," added Mr. Utrup. The ...

Movado Group, Inc. Reports Fourth Quarter and Fiscal 2009 Results

We are in negotiations with our lenders to establish a new $110 million three year asset-based loan facility and, in the meantime, have executed a commitment letter for a $50 million three year asset-based credit facility. With that said, we also ...

Izard Nobel LLP Announces Class Action Lawsuit Against Corus ...

Specifically, defendants failed to disclose: (i) that Corus was failing to recognize losses on its condominium loans in accordance with generally accepted accounting principles ("GAAP"); (ii) that Corus and/or its affiliates were purchasing ...

Business Briefs: Quick hits from the region and beyond

to provide guidance to small business owners that are in need of new construction loan or those that wish to purchase a building. Business owners will learn how SBA is involved in the loan process, what documents to take to the lender, and how to make ...

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