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Cayman Islands: Grand Court Rules That Madoff Feeder Fund Was “The Author Of Its Own Misfortune”

bit.ly/2wymAbI thoughts.maplesandcalder.com/post/102eeei/investment-funds-cayman-court-finds-breaches-of-duty-by-custodian-and-administr www.williamfry.com/newsandinsights/news-article/2017/09/04/primeo-v-hsbc-caymen-court-delivers-madoff-judgment Click to access ealert—primeo-fund-v-hssl—sept-2017.pdf Click to access PrimeoJudgment.pdf bit.ly/2w90l8z See also: www.cadwalader.com/fund-finance-friday/index.php?eid=1501&nid=197 0
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US: IRS Issues Guidance on Elective Cash/Stock Dividends by REITs

Click to access irs-issues-new-cash-stock-dividend-guidance-for-reits.pdf www.velaw.com/Insights/IRS-Issues-Guidance-on-Elective-Cash-Stock-Dividends-by-REITs/ www.lw.com/thoughtLeadership/IRS-provides-guidance-on-stock-distribution-for-publicly-offered-REITs-and-RICs www.pwc.com/us/en/tax-services/publications/insights/irs-guidance-on-stock-distrib-by-publicly-offered-reits-and-rics.html www.grantthornton.com/library/newsletters/tax/2017/hot-topics/Aug-29/IRS-publishes-guidance-stock-distributions-REITs-RICs.aspx 0
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