Monthly Archives: September 2016

The Abundance of Lawyers in Brazil

Recently, there has been a surge of lawyers in Brazil. This could be due to the need to understand the law. For one thing, people become lawyers so that they can understand the law. However, there are a few things to consider about lawyers in Brazil, they are very honest and are willing to present the law in a way that is truthful. It doesn’t matter who they represent, they are willing to make sure justice comes through no matter what side wins. Therefore, lawyers in Brazil are some of the more trustworthy lawyers that some are going to deal with.
One of the most trustworthy lawyers is Ricardo Tosto de Oliveira Carvalho. He has started small in a firm. He eventually started his own firm which has come to be the most successful firm in Brazil. One of the reasons that it is so successful is that Ricardo Costoo and his lawyers are very passionate about the study of law. For one thing, thye not only study the law, but they also make sure that they have a deep understanding of it so that they know how to avoid violating the rights of others. Ricardo Tosto makes sure that his clients and his lawyers have a deep understanding of the law that keeps them comfortably within the bounds of the law.

Lawyers in Brazil like Ricardo Tosto will not only represent someone in court, but he will also help people conduct themselves in a way that may reduce the sentence and the penalties. Ricardo is also able to represent the person in court who has been treated unjustly so that they could find some kind of compensation. Ricardo Tosto not only has a lot of experience in representing the law, but he also has a winning track record of running cases.

Sam Tabar Joins Clean Energy Team at FullCycle

 

Sam Tabar is now helping the world by developing clean energy solutions. He recently accepted a position at FullCycle Energy Fund. In his role, he will act as the Chief Operating Officer and his primary duty will be managing the company’s funds. Sam Tabar spent much of his career in the world of finance. There was a time when he was employed by Merrill Lynch Bank as its Head of Capital Strategy. While in that position he was in charge of the firms fund managers. He provided them with targeted introductions that gave them key access to big investors. A substantial amount of money was brought into the institution under his leadership and in that role he learned how to coordinate front and back end teams.

Sam Tabar is also renowned for being in charge of one of the largest independent funds in the Asia Pacific area, as noted by CrunchBase. He was named the Head of Marketing for the company known as Sparx Group. He handled all aspects of their marketing which was needed to attract investors to the group. Sam has had a long and decorated career, starting with his time as an attorney working for Skadden, Arps, Meagher, Slate & Flom LLP when he was fresh out of college. He attended Columbia Law School and while here he was the editor of the prestigious Columbia Business Law Journal. He is also licensed to practice the law in New York State by the New York State Bar.

FullCycle Energy Fund is truly lucky to have Sam Tabar as a member of its team. Sam spoke on one occasion that he felt a deep sense of pride to be working with them. He had a great deal of respect for the senior leadership team at FullCycle Energy Fund who have been doing work to bring the world over to the clean energy standard for many years. FullCycle and Sam will be working together to provide environmentally friendly fuels at low cost. These fuels are beneficial because they don’t pollute the environment and they are not as expensive as fossil fuels such as coal and gasoline in some cases.

Understanding Fully the Favorable Elements of Investment Banking

Many persons are not quite aware of the many services, currently offered by professional investment banking organizations. Services and products, nowadays, are quite abundant. The article addresses, in some detail, what services a CEO may expect from the investment banking institution.
Understanding more fully public offerings associated with debt and equity securities:

Basically, there are 4 standard types of offerings, relative to the public, inclusive of First off, initial public offerings, better known by their acronym of IPO, which are securities issued by way of organizations that have not ever issued any public securities. Generally, common stock is the first security that is issued within an IPO. Secondly, the offering is an initial public offering of new securities. These are securities that organizations consider already public and are public; which have not been issued prior to their current recognition of issuance. One example, is the issuance of a convertible debt security. Third, there are further public offerings of securities which are currently traded publicly. An example of the third classification is the issuance of additional common stock. Such an issuance comes into play when the price is high enough so that the cost of the Capital is reasonably low. The fourth issuance includes public offerings by shareholders of a corporation for securities that are already publicly traded. An example of the fourth classification is that of a private equity fund wishing to cash out as to its position.

During prior years, the differences in debt and equity securities were clearly obvious:

The debt and equity securities of yesteryear were easy enough to differentiate. The investment banking firm could easily place them into obvious, distinct categories. The investment grade corporate bond was, definitely, quite different from the high yield junk bond. Today, though, the types of bonds are rather blurred. In other words, the distinctions of days past have become unclear. With respect to debt and equity there are more considerations than what is allowable on a chart. The Junior zero-coupon convertible debenture is recognized as more of an equity than it is a debt. The Dutch Auction, preferred stock is considered more of a debt than it is equity. The lines, from a geographic standpoint, are also highly relaxed. The preceding means organizations are able to reach, basically, anywhere around the globe in way of lowering their cost as to Capital.

The concept of private placements of debt and equity securities:

By definition, private placements are the sales of securities to investors, without any requirements in the way of regulation with regard to those public offerings. The regulations which define private placements are highly complicated, and the securities and investment products are many. The range includes that of corporate equities to real estate; therefore, private placements carry with them a much higher return than securities that are similar in structure and that can be traded in the public market. The loss of liquidity is what enhances the risk. In other words, due to the loss of liquidity, the return on these type of securities is higher—proportionately.

Explanation of Mergers and Acquisitions (M&A):

Mergers and acquisitions are what make headlines. The M&As are relative to battles such as takeovers, hostility and fireball defenses. However, not all M&As are on the war path. The majority of M&As are quite friendly. The investment banking organization seeks to optimize the price and terms in order that the best price is acquired. The price may not be the highest price for the seller, due to the fact some deals may involve all cash or confidentiality, in properly closing them. In other words, it may be more important to the seller to keep the deal highly confidential than attaining the highest price. The investment banker, too, does not wish to attain a price that is lowest for its client purchasers. (The client purchaser, as well as the banking organization, both, make it a point to get the deal done properly and the preceding may have much more impact, than getting the lowest price during the sale). The following stated, investment banking organizations are able to facilitate proper price, and finance the M&A. It is important to note, too, that included within an M&A are leverage buyouts by way of private equity as well as the restructuring and recapitalization of organizations. The Merger and Acquisition service may include, too, the reorganization of companies that have fallen into troubled times.

Additional information with regard to Martin Lustgarten:

Martin Lustgarten is CEO of Lustgarten, Martin, an organization that he has founded. He has worked assisting many organizations in reaching their goals.

Martin Lustgarten has long been a resident within the Florida state area. He makes his residence, currently, in Miami with his family.

Was Vanity Fair Fair In Inviting Rebel Kyle Bass to its October Summit?

The Annual Vanity Fair summer for 2016 will take place on October 19th and 20th in San Francisco. Jeff Bezos and Kyle Bass will be on a panel discussing very interesting topics, concerning IT, finance and entertainment. Was Vanity Fair fair in inviting Mr. Bass to its October summit?

“Shouldn’t celebrities have only positive records?”

In every MBA course, there is a class for “Business Ethics.” While Bass was successful in predicting the 2008 Sub-Prime Mortgage Crisis, have all of his ethical decisions been above board? Mr. Bass will admit that he has made mistakes, but what were the reasons for these mistakes?

At the Vanity Fair summit, Kyle Bass is sure to turn heads. Of course, this is one of the reasons he was selected. He is intelligent, charismatic and brash.

“Negative Decisions Sink Ships”

Unfortunately, Kyle Bass’ record after 2008 has been less-than-stellar. He has made annual predictions since 2010 that Japan’s economy would fail. Has it failed? Actually, some think Japan’s economy has become a flat-lining Zombie economy.

As General Motors faced lawsuits over faulty airbags and power steering, Mr. Bass decided to “blame the victims.” His Hayman Capital Management firm is even in a dispute with the American Sniper widow. Does bad luck follow Mr. Bass around like a shadow?

“Bass Loses Patent Challenge”

In August 2015, Kyle Bass lost his challenge to “Acorda Therapeutics Inc’s multiple sclerosis drug, Ampyra” before the United States Patent & Trademark Office. Mr. Bass used a legitimate process called “inter parties review” to question the validity of various drug patents.

After Kyle Bass made his Acorda challenge, the company’s stock fell 10% (Bass profited therefrom because he shorted the stock). Thus, was this ethical behavior? Hadn’t Bass’ actions caused the stock to fall?

Now that the US Patent Office has rejected Mr. Bass’ appeal, his enemies are crying bloody murder. They believe that Mr. Bass is involved in a little “unethical financial scheme.” But wasn’t the 2008 Sub-Prime Mortgage Crisis an “unethical financial scheme?” Takes one to know one.