On November 30, 2021, the U.S. Internal Revenue Service issued Revenue Procedure 2021-53, temporarily allowing publicly offered regulated investment companies (RICs), including certain business development companies (BDCs)...more
On May 4, 2020, the U.S. Internal Revenue Service issued Revenue Procedure 2020-19, temporarily allowing publicly offered regulated investment companies (RICs), including certain business development companies and certain...more
5/13/2020
/ Business Development Companies ,
Cash Transactions ,
Closed-End Funds ,
IRS ,
New Guidance ,
Publicly-Traded Companies ,
REIT ,
RICs ,
Securities and Exchange Commission (SEC) ,
Shareholder Distributions ,
Stocks
In this report, members of Dechert’s multidisciplinary permanent capital team provide a round-up of legal and business considerations for private credit, BDCs and everything in between.
Topics covered include:
-...more
4/12/2019
/ Acquisitions ,
BDC ,
Business Development Companies ,
Business Tax Credits ,
Capital Formation ,
Close-Ended Funds ,
Collateralized Loan Obligations ,
Corporate Restructuring ,
Credit ,
EBITDA ,
Investment Company Act of 1940 ,
Leveraged Finance ,
Mergers ,
Securities and Exchange Commission (SEC) ,
Structured Financial Products ,
Tax Reform