Tag Archives: purchase

LawNext Episode 38: EY’s Purchase of Pangea3, with Pangea3’s Joe Borstein and Ed Sohn

A tremor rolled through the legal industry recently when Thomson Reuters announced that it had sold its managed services business, Pangea3, to global Big Four professional services firm Ernst & Young, a sign of Ernst & Young’s increasing expansion into … Continue reading

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Section 809 Panel Recommends Changes to Domestic Purchase Preferences

The Section 809 panel is the Congressionally-mandated group that has made a number of far-reaching recommendations to change current programs that affect DOD acquisitions. Another one of their ideas is to eliminate certain domestic purchasing preferences by having Congress create … Continue reading

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DNB publishes Q&A on possible qualification of warranties included in purchase agreements as non-life insurance

On 29 January 2019, the Dutch Central Bank (De Nederlandsche Bank, DNB) published a final Q&A which provides clarification as to whether warranties typically included in purchase agreements can be considered a non-life insurance (schadeverzekering) policy. According to DNB, a … Continue reading

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Capital Purchase Program – Non-Public Financial Institutions

The United States Treasury has released a term sheet for the injection of capital into non-public qualifying financial institutions under the Treasurys Capital Purchase Program, implemented as part of the Troubled Asset Relief Program (TARP). The deadline for submitting applications … Continue reading

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Using A "Fly-Away" Exemption To Avoid Paying Sales Tax On An Aircraft Purchase

When buying an aircraft, one of the issues a buyer must determine is whether the buyer will have to pay any sales tax on the transaction. As you may know, most states charge sales tax on the purchase of tangible … Continue reading

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