CHENNAI, India -- Sify Limited (NASDAQ Global Market: SIFY), a leader in consumer Internet and Enterprise Services in India with global delivery capabilities today announced the change of its name from Sify Limited to 'Sify Technologies Limited' after approval from the Ministry of Corporate Affairs. This is in line with...
Small-business advocates are preparing for a renewed assault on proposed Internal Revenue Service rules that would increase taxes for many members of limited-liability companies and partners in limited partnerships.
The term "limited liability company" has been confusing to many, lawyers and lay people alike, because it triggers two distinct mental associations, (1) with the limited partnership, and (2) with a company or corporation. In fact, these associations are intended, because a limited liability company ("LLC") is an entity that...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- Excellent of Guardian General Insurance Limited GGIL and its wholly owned subsidiary, N.E.M. West Indies Insurance Limited NEMWIL (both domiciled in Trinidad & Tobago). The outlook for the rating is stable.
NEW YORK -- RTG Ventures, Inc. (RTGV.PK) entered into a Share Exchange Agreement with New Media Television Europe, Limited NMTV, and filed an 8-K with the SEC. NMTV is comprised of three private entities: New Media Studios Limited, Hanborough Investments Limited, and Atlantic Television Limited. NMTV is owned by Atlantic...
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength ratings of A Excellent and B++ Very Good of N.E.M. West Indies Insurance Limited NEMWIL and Guardian General Insurance Limited GGIL (both domiciled in Trinidad & Tobago), respectively, under review with negative implications.
The authors have studied how limited enforcement of contracts and barriers to business start-up affect the investment in knowledge capital and the adoption of new technologies. Paper shows that barriers to business startup limited competition are the most important obstacle to growth. Limited enforceability of contracts is detrimental to growth...
HAMILTON, Bermuda--BUSINESS WIRE--April 26, 1996--LaSalle Re Holdings Limited (NASDAQ: LSREF) today announced its operating company, LaSalle Re Limited, has received an "A-" Excellent rating from A.M. Best Company, Inc.
YAVNE, Israel--BUSINESS WIRE--Sept. 22, 1997--Arel Communications and Software Limited (Arel, NASDAQ NMS Symbols ARLCF; ARLWF) announced today the entering into of a memorandum of understanding between ArelNet Ltd. and Northern Telecom Limited (NORTEL, TSE: NTL, NYSE: NT), pursuant to which Nortel will invest $5 million in the share capital of...
OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating FSR to A- Excellent from B++ Very Good of Guardian General Insurance Limited GGIL. Concurrently A.M. Best has downgraded the FSR to A- Excellent from A Excellent, of N.E.M. West Indies Insurance Limited NEMWIL (both companies are domiciled...
LONDON -- Instinet Europe Limited, an indirect subsidiary of Nomura Holdings, Inc., today announced that it had reached an agreement with a consortium of shareholders that will take a minority holding in Chi-X Europe Limited, operator of the first live, order-driven, pan-European equity MTF Multilateral Trading Facility. Under the terms...
WEST POINT, Ga.--BUSINESS WIRE--Jan. 27, 1997--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) (http:www.westpointstevens.com) today announced that it has acquired P.J. Flower & Co. Limited, through WestPoint Stevens UK Limited, the Company's recently formed English subsidiary. P.J. Flower & Co. Limited is an English company that manufactures, markets and distributes bed and bath...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A Excellent and the issuer credit rating of "a" of Hannover Reinsurance Ireland Limited HRI and its subsidiaries, E&S Reinsurance Ireland Limited ESI and Hannover Reinsurance Dublin Limited HRD. The outlook for all ratings remains stable.
BOCA RATON, Fla. -- JAG Media Holdings, Inc. (OTC PINK SHEETS: JAGH) announced today that its newly created UK subsidiary, TComm UK Limited, has acquired all of the assets of TComm Limited, a UK-based software developer specializing in streaming video solutions. TComm Limited is a development stage company that to...
Moody's Investors Service has upgraded thecredit ratings of six Japanese regional banks - Ashikaga Bank, LimitedAshikaga, Hokuriku Bank, Limited Hokuriku, Hokkaido Bank, Limited,Kiyo Bank, Limited, Fukuoka City Bank, Limited, and Nishi-Nippon Bank,LimMoody's Investors Service has upgraded thecredit ratings of six Japanese regional banks - Ashikaga Bank, LimitedAshikaga, Hokuriku Bank, Limited...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A Excellent and issuer credit rating ICR of "a+" of QBE Insurance Europe Limited QBE Europe United Kingdom, QBE Insurance International Limited QBE Intl Australia and QBE Reinsurance Europe Limited QBE Re Ireland. These companies are regarded...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- Excellent of Tower Insurance Limited New Zealand and the issuer credit rating ICR of "bbb-" of Tower Limited New Zealand. The outlook for both ratings has been revised to stable from negative.
The family limited partnership FLP is a useful tax and estate-planning tool. The FLP boils down to a limited partnership set up for the purpose of transferring assets among family members. In a typical case, the FLP is set up with the transferor usually parents as the general partner, and...
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