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Topic: Asset stripping


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 timing and asset protection   (Site not responding. Last check: 2007-10-09)
Transferring your assets to an offshore trust when you’re on the brink of serious financial difficulty can lead to costly legal issues as well as a court order to bring those asset back to the U.S. The assets may be beyond the legal scope of the U.S. courts.
Your asset profile is the degree to which your assets are exposed and noticeable to others.
Decrease your asset profile by decreasing the amount of assets that are linked to your name, address and social security number.
www.assetprofile.com /timing.html   (327 words)

  
 Cooperative - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-09)
In a bid for sustainability, many cooperatives adopt the principle of 'common ownership', and have a zero or nominal share capital, along with a clause stipulating altruistic dissolution.
This means that the cooperative cannot be wound up and its assets distributed for personal profit (see: asset stripping).
A good estimate of the current size of the social co-operative sector in Italy is given by updating the official ISTAT figures from the end of 2001 by an annual growth rate of 10% (assumed by the Direzione Generale per gli Ente Cooperativi).
en.wikipedia.org /wiki/Cooperative   (2674 words)

  
 Alexei 1962– Miller - EDUCATION AND EARLY CAREER, GAZPROM
He had been able to rein in theft by top managers and had recovered production assets that had been sold to controversial gas traders.
Gazprom had bought back many of its lost assets, and the company was slowly moving toward financial stability.
Yet not everyone appreciated Miller's hard work and difficult decisions, arguing that he was paying excessive prices to buy back assets that had been lost under the previous management.
www.referenceforbusiness.com /biography/M-R/Miller-Alexei-1962.html   (1417 words)

  
 ★ Air New Zealand Information and Pictures
Owned 50% by TNT and 50% by News Limited, Ansett Airlines still held close to half of the large Australian domestic market but had been declining for some years.
Market analysts reported that Ansett had under-performing major assets, an ageing fleet, and needed a capital injection of at least $A300 million to shore up its weak balance sheet.
Despite its size, its total value was pegged at anywhere between $A300 million and zero.
www.mkiwi.com /New+Zealand+information/Air_New_Zealand.html   (3284 words)

  
 Articles - Administration   (Site not responding. Last check: 2007-10-09)
The task of the administrator is to manage the business so that the creditors can minimise the scale of their losses.
Ideally, the administrator will sell the business as a going concern, securing the best price.
It is quite probable that he or she will sell any realisable assets separately: the whole may be worth less than the sum of the parts (see Asset stripping).
www.centralairconditioners.net /articles/Administration   (1539 words)

  
 Currency Arbitrage | Strategies, Tips, Secrets, and Advice | ArbitrageAdvice.com
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Conversion arbitrage - A transaction where the asset is. Position by buying currency or securities which have been sold.
Harsh monetary policies implemented by the Central Bank of Nigeria to absorb excess Naira liquidity in the economy has made life more difficult for banks, some of whom engage in currency arbitrage.
www.arbitrageadvice.com /currencyarbitrage   (922 words)

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