Cheung Kong （Holdings） beatfourrivalsto takea prime residential site on the WestKowloon waterfront for $1.34 billion atyesterday'sfinal Government auction for this year.
On the international front, legal advisers explaining Act 22 tell foreign investors that as long as they do not own residentialholdings within the United States (excluding Puerto Rico), they may not be subject to U.S. estate taxes.
Erskine is principal of The Erskine Company LLC, a strategic advisory firm located in Worcester, Massachusetts, that offers expertise in the management of unique family assets, including multi-million dollar family businesses, numismatics collections, fine art and Americana collections, commercial and residential real estate holdings, and family compounds.
The National Association of Insurance Commissioners hired the advisory arm of PIMCO, a big fund manager, in 2009 to develop alternative risk-based capital requirements for the industry's holdings of residential mortgage securities.