Andersen's United States business -- the firm consists of member partnerships around the world -- is a limited liability partnership, which means that if it is sued, individual partners generally will not be liable, said David J. McCabe, a lawyer at Willkie Farr & Gallagher in New York.
Some of the candidates for chief executive from other countries might also have been focused on absorbing overseas operations of Arthur Andersen, Enron's auditor, he added; many of Andersen's member partnerships defected to rivals last spring.
News of the investigation brought angry and incredulous denials from the trainer of Funny Cide, Barclay Tagg, and his owners, a 10-member partnership that operates a three-horse barn under the banner of Sackatoga Stable.
Those are the colors of the 10-member partnership called Sackatoga Stable, and its entourage of 120 people was eager for Funny Cide to move a little closer to racing history.
Santos acknowledged how troubling the investigation was for his wife, Rita, and their six children, despite the support he received from fellow jockeys; from Barclay Tagg, the trainer of Funny Cide; and from the 10-member partnership that owns Funny Cide and races under the name Sackatoga Stable.
Some other themes that came out of the discussion were: a focus on long-term engagement rather than one-off events; equality or access training for staff members; partnership development; building relationships with local community groups to reach new audiences; and communicating regularly with your audience.
Under the shelter that is being disallowed, an executive transfers the options to a family member or partnership in return for an unsecured loan.
The family member or partnership would be able to exercise the options, and the executive could then delay paying taxes on them until the loan was repaid.
We believe that acceptance of that portion of the member's partnership share would constitute a prohibited emolument".
Formed by the Consumer Goods Forum, of which Marks & Spencer is a member, in partnership with the US government, the Alliance brings public and private entities together to reduce deforestation.
