Earnings in the prior corresponding period were positively impacted by proceeds from the bulk sale
of the Group's surplus property assets in Modderfontein.
of 50 units at Fontainebleau Sorrento in 2009 and 2010
Expenses are much higher in a sell-through model versus a bulk sale
, because of the costs associated with running the sale for a longer period.
There is precedent in the federal tax area for treating a bulk sale
of inventory as other than income in the ordinary course of business.
Fannie Mae and FHFA's decision to move forward with the REO bulk sale
in California amounts to another gift to Wall Street at the expense of taxpayers," said C.
Houlihan-Pames Realtors has sold 50 unsold co-operative apartments in a bulk sale
In a private letter ruling released January 14, 2011, the IRS allowed a bulk sale
exception to the retailer exclusion, allowing an oil and gas company to claim percentage depletion.
Nara Bancorp Inc (NASDAQ: NARA), the holding company of Nara Bank, has announced the closing of its bulk sale
of problem loans that were transferred to loans held-for-sale at June 30, 2010.
Prodigy Capital Investments, led by principal Rodrigo Nino, has turned a nearly 33 percent profit on a downtown Miami bulk sale
from 10 months ago.
If HUD goes to a bulk sale
plan, the agency would have to offer huge discounts to the buyer in order to make the program attractive.
United Community or the Company) (Nasdaq: UCFC), the holding Company of The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), announced today that Home Savings has successfully completed the bulk sale
of a substantial amount of the Bank's troubled loans, along with other assets, to an unrelated party.
The bulk sale
of non-performing mortgages and notes that encumber three walkup apartment buildings in The Bronx.