It is trying to finalize a recapitalization and reorganization plan that would involve the sale of assets.
Admittedly, the closures are only temporary, pending the revaluation or sale of assets.
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However, 1983 came and with it a property slump that forced a sale of assets by that unit, Far East Consortium.
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Morgan publically disputes this contention suggesting that the growth in retained earnings and the sale of assets will allow the firm to comfortably meet the new requirements.
The accusations against him range from a series of policy failures to claims that his friends benefited from a sale of assets seized from bust finance companies.
The British bank is reportedly positioning itself to buy some of Citi's assets in Asia and Latin America if the U.S. bank's board decides on a breakup or limited sale of assets.
The ongoing sovereign debt issues with Greece reignited when comments from the European Central Bank and the International Monetary Fund suggested that without further austerity measures and sale of assets by Greece, the ability of Greece to be able to repay debt soon coming due comes into question.
However, this is a net figure: the gross figures might be purchases of foreign assets of 10% of GDP, and sale of British assets of 4% of GDP.
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Sale of the assets occurs in parallel to the claim process, and while the sale usually occurs via an auction there are no formal legal requirements for how the assets are monetized.
This could be the case for a sale of personal assets or a home.
Republicans want to halve the capital gains tax on the sale of all assets.
It is, as usual, in deficit, necessitating foreign grants, borrowing and the sale of state assets.
For once in tune with their government, most Romanians want lower inflation and the sale of state assets.
The government argues that most of the debt will eventually be covered by the sale of Landsbanki assets.
Under current rules, revenue generated from the sale of council assets cannot go into running front-line services or paying wages.
The company is planning a reorganization that includes the sale of some assets, but it also needs to raise capital.
It says the sale of state assets to corrupt officials, the super rich and foreign multinationals is illegal and unconstitutional.
The borrowings ultimately are to be repaid with funds generated by the company's operations or the sale of its assets.
What the Icelandic government instead urged was a shrinking of the banking sector, most likely via the sale of overseas assets.
Through an orderly sale of state assets each euro-zone country would be able to pay off as much sovereign debt as necessary.
Many Thais have persuaded themselves that foreigners are trying to impose a fire-sale of their assets and reduce their country to economic servitude.
She could also borrow bridge financing from the Treasury to cover for the time lapse between a bank failure and the sale of its assets.
Fuld is also contemplating the sale of mortgage assets or spinning them off into a separate "bad bank" in which shareholders would retain an interest.
Most of their charges relate to kickbacks alleged to have been made during the sale of state assets by the government over the past six years.
Thanks to seemingly endemic inflation, when investors realized gains on the sale of their assets, they paid effective rates that were considerably higher than the statutory rates.
That is the right of the corporation to claim a loss on the sale of its assets and get cash back from the government from a loss carryback.
In the calls, the men discussed everything from the sale of city assets to who should head the Prague branch of the state health insurer, according to the paper.
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Included in that package is the elimination of capital gains levies on the sale of corporate assets, which should set off the reform Germany's sclerotic corporate structure so badly needs.
Venture capitalists fear getting swept up in the controversy over the tax treatment of "carried interest, " typically a 20% stake that fund managers receive on the sale of their assets.
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