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If you're a pension fund and your liability structure is 15 years, it should probably be 50%.
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We can start understanding the liability structure.
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Simply, that is a business structure with limited liability that allows investors to be taxed at their personal rate on dividends.
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Gateshead has a chance here, by urging creativity and foresight from the developers, to see this incredible structure, not as a liability, but as an asset.
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First, establish your corporate structure--probably a limited liability company.
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Yes, you will hear horror stories from accountants, attorneys and financial planners about the time, expense and liability involved in setting up and maintaining your own philanthropic structure.
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Another hurdle is how to structure a settlement that is narrow enough to satisfy Goldman, including by limiting its legal liability, but would allow the SEC to go after the company if the agency uncovers new evidence of wrongdoing related to the existing cases, according to people familiar with the discussions.
WSJ: Goldman, SEC Hold Catch-All Settlement Talks