Among other things, it calls for limits on executive compensation at troubled firms and for the Treasury to take a contingent equity stake in those firms.
Kushner's lawyer, WilmerHale partner Blake Roberts, however, defended his client's claim of "divestment" for three reasons — he had already sold his ownership stake, he wasn't aware of the contingent interest, and the contingent interest was worthless anyway because it was connected to a prior version of the project.
Because the west side of the city, where most of the criminal activity occurs, is hilly, some members of the Washington Heights contingent have been staking out rooftops, where they have a wide view of nearby street activity.
His proposal is for Hutchison and Singapore Technologies to invest a total of $750 million for a 79percentt stake -- contingent on writing off the company's $12.4 billion in debts.
The investment will come from Credit Suisse's DLJ Merchant Banking Partners III. Trump Hotels, based in Atlantic City, said Credit Suisse's stake was contingent upon restructuring approximately $1.8 billion in debt at a discount to face value.
The American contingent currently has a 60 percent stake, but the al Shtewi, a resident of Italy and owner of oil companies in Italy and Canada, is reportedly prepared to invest upward of $65 million, and propel plans for the new stadium in the capital.
However, any deal is contingent on Vivendi offloading its stake.
Contingent considerations are undoubtedly at stake when an adapted institutional design is chosen.
This week a contingent of particularly enthusiastic fans have staked out a standing-room-only spot along the top row of the grandstands next to the 17th green.
But contingent fees give the attorney a financial stake in the outcome of litigation which is ordinarily frowned upon.
