A personal guarantee is a legal commitment by an individual (the guarantor) to repay a debt if the primary borrower defaults.

Common stock represents ownership in a company, not a direct asset or liability. Issuing common stock raises funds for a company without needing repayment like a loan. Common stock equity ...

It can include income taxes on earnings and capital gains taxes on assets. Both are based ... or brackets to file taxes. Tax liability is the amount of tax debt owed to a government by an ...

His argument is based on the premise that the main consideration in structuring sovereign asset and liability management is to avoid default. The issuance of only a single class of debt is necessary ...

On March 18, 2025, the United States Court of Appeals for the Fifth Circuit held in In re Highland Capital Mgmt., L.P., that a plan’s gatekeeping ...