Reuters reported that a federal court in Brazil blocked a proposed joint venture deal between Boeing and Embraer.
According to Reuters, Embraer has stated that this transaction will be “crucial to its survival”.
In July, the companies inked an agreement in which Boeing would acquire 80% of Embraer’s commercial aviation business.
In the move towards non-carbon-based energy, and the push by Congress to encourage this move to cleaner alternative energy sources, tax incentives have encouraged investments in solar and wind facilities. Financing structures have developed to likewise monetize these tax benefits.... read more
Most loan documents contain a default interest provision, which states that the interest rate of the loan will increase in the event of a default. Default interest is enforceable, at least in the absence of an unconscionable rate. (1) California Civil... read more