In February 1999, WorldCom entered into a complex transaction with E.D.S. that has recently come under analysts' scrutiny.
It also prevents a complex transaction that allowed MF Global, in essence, to borrow money from its own customers.
Still, Mr. Lawsky contended that the operation could be refinanced, through a "complex transaction" that had not yet been devised.
The fund, the Abu Dhabi Investment Authority, has agreed to buy a 4.9percentt equity stake in a complex transaction that has been approved by federal regulators.
"We always recognized that this would be a complex transaction, involving not only commercial and economic issues, but also aeropolitical, regulatory and other matters.
Also of concern was a complex transaction in 1998 in which Mr. Hughes ultimately received $18 a share for five million shares.
It was just a accounting firm making a decision, along with the corporate officers, as to how to account for a complex transaction.
Rather, he said, it was a complex transaction involving preferred stock that was designed to give the Pritzkers more control of Superior and minimize taxes.
Early last year, to create an Internet presence, IMS proposed a complex transaction with a smaller company, the TriZetto Group, involving a reverse acquisition.
ROCKETS AND MAGIC SWAP PICKS: The Houston Rockets exchanged first-round draft picks with the Orlando Magic yesterday, completing a complex transaction from 1999.
The Healthcare Corporation of America is also cited for a complex transaction that the lawsuits contend improperly led Medicare to pick up corporate expenses.
