Banks and other lenders like to get paid, and one of the best ways they have to ensure that they get paid is requiring collateral to secure payment of money a business borrows. Small-business owners ...

On May 24, 2013, the U.S. Department of Labor (DOL) proposed to amend ERISA Prohibited Transaction Class Exemption 80-26 (PTE 80-26) to allow an indemnity, security interest or other ...

Please provide your email address to receive an email when new articles are posted on . Private equity buyers will expect a practice to be free and clear of financing obligations upon closing. Selling ...

Because of an agreement they signed with their brokers, some IRA owners may unknowingly be vulnerable to having their whole account taxed. A recent IRS announcement provides a temporary reprieve for ...

In Announcement 2011-81 (December 12, 2011), the Internal Revenue Service (IRS) granted temporary relief for an indemnity, security interest or other cross-collateralization agreement provided by an ...