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The most attractive asset expected to be sold is Arcandor's 52.0% stake in Thomas Cook, which could end up going to a rival like Switzerland's Kuoni.
About $30bn of Iran's estimated $100bn in frozen assets are expected to be immediately released.
The council's business plan for 2014 onwards says money obtained from the sale of assets "are expected to be used to finance equal pay settlements".
The facility, secured by all of the company's assets, is expected to be used primarily for general working capital and to fund more 'strategic growth initiatives'.
América Móvil added that after selling the assets, it expected to be allowed to offer pay TV.
In addition to determining the number of years an asset is expected to be useful, the tax code also determines the percentage of the asset that can be claimed each year.
Economic life refers to the period in which the asset is expected to be used that may include maintenance or repairs.
After the verdict, Iraqi exiles called for compensation from at least £7m in assets that are expected to be confiscated from the Somerset-based businessman.
Before he lined up this new group of investors, there was widespread skepticism that Mr. Bronfman could pull together enough money to make a serious offer for the Vivendi assets, which are expected to be valued at $18 billion to $22 billion.
The former include cash, amounts receivable from customers, inventories, and other assets that are expected to be consumed or can be readily converted into cash during the next operating cycle (production, sale, and collection).
Aberdeen Asset Management is expected to be among a pack of major investors voting against Dudley's pay after it stated that BP's remuneration awards were "overly complex".
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CEO of Professional Science Editing for Scientists @ prosciediting.com