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Historically, little consideration appears to have been given to
the signature of comfort letters by Luxembourg parent companies.
The exposure of the company and its board members can be
significant depending on the wording used.
In this article, we examine the difference between a letter of
comfort and a guarantee – an important distinction in these
times of heightened distressed positions.
Comfort Letter or Guarantee - What did I just sign?
Historically, little consideration appears to have been given to
the signature of comfort letters by the boards of Luxembourg
When a significant volume of capital is raised from investors through nontraditional capital markets transactions, the U.S. Securities and Exchange Commission (SEC) is sure to follow with increased scrutiny.
Current events have sparked a significant change in private businesses' political behavior, as companies and their executives shift from nonpartisan observers to leaders taking on political and social causes.
Ranked as the most stable political environment within the West African sub-region, Ghana is a viable place for doing business and the fastest growing economy in the world.
Employers continue to leverage green card sponsorship to
attract and retain high-skilled foreign talent
Green cards continue to play an important role in foreign talent
acquisition and retention for employers. Recent findings
from Envoy s 2021 Immigration Trends
Report found that, amid the COVID-19 pandemic and an
uncertain economic climate, employers sought to provide foreign
national employees with the peace of mind and security associated
with permanent residency.
Three employer green card trends from Envoy s 2021
Immigration Trends Report
More employers are sponsoring foreign nationals for
permanent residence
Amid increased immigration scrutiny and economic uncertainty
created by the pandemic, more survey respondents said their