Howard Berkower

Howard Berkower

McCarter & English, LLP

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SBICs Given Additional Flexibility to Structure Their Investments

Summary - The Small Business Administration (SBA) adopted revisions to its regulations, loosening its prohibition on small business investment companies (SBICs) investing in passive businesses. Under the revised...more

2/5/2015  /  Amended Regulation , Internal Revenue Code (IRC) , Passive Activity , Passive Foreign Investment Company , SBA , SBIC
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