As in the case of partnerships in general, a partnership for the purpose of carrying on the business of auctioneering is not subject to any restriction as to the number of persons who may constitute the partnership1. Nor is a limited partnership for the purpose of carrying on the business of auctioneering subject to any such restrictions
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
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