Tax Treatment of Future Obligations Assumed by a Purchaser
A recent Supreme Court of Canada decision on the tax treatment of assumed future obligations has great relevancy to mining and other resource transactions.
A recent Supreme Court of Canada decision on the tax treatment of assumed future obligations has great relevancy to mining and other resource transactions.
Informally restructuring a balance sheet is not about a series of individual negotiations. The real work is to establish guiding principles and to convince creditors the process is being rationally and fairly handled. If successful, the proposal itself is just math.
When a company is in trouble, management must side-step the external stresses and focus more on core profit generating activities.
Inside is an article in HBR containing practical advice on the process of raising early stage VC money.
“The Goldman Four were unsupervised, inexperienced, incompetent and lazy investment bankers who were put on a transaction that in the scheme of things was small potatoes for Goldman.” – NYT