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McGuireWoods LLP | Canada | 5 Oct 2011

SBIC debentures issued at new historically low interest rate of 2.877

On September 21, 2011, the SBIC Funding Corporation completed pricing on $558,685,000 in pooling of SBA debentures with a coupon rate of 2.877.


McGuireWoods LLP | USA | 14 Jul 2011

New state law developments on domestic asset protection trusts and state death taxes

Twelve states currently have statutes that permit domestic asset protection trusts pursuant to which the settlor will receive spendthrift protection from creditors if certain requirements are met.

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