Mandatory Redeemable Preferred - Equity Not Debt, According to IRS
Recent Buzzes - VC Experts, Inc.
SEPTEMBER 22, 2010
The shares of each series would rank on a parity with shares of each other series of New Preferred Shares and with any other preferred shares series as to the payment of dividends and the distribution of assets upon dissolution, liquidation or winding up of the affairs of the Fund. Each series of New Preferred Shares would have preference in distributions over shares of common stock.? Joyce, Partner, firstname.lastname@example.org. By Thomas F. Joyce and Theodore L.