Pacific group medical association liquidating trust

Rated 3.93/5 based on 507 customer reviews

The Trust is a liquidating trust for federal and, if applicable, state income tax purposes.The Liquidating Trust Agreement provides that the Liquidating Trust was “established for the purpose of liquidating and distributing the Liquidating Trust Assets in accordance with Treasury Regulations Section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business, except to the extent reasonably necessary to, and consistent with, its liquidating purpose….” The Trust Agreement further provides that “no part of the Liquidating Trust Assets shall be …used or disposed of in furtherance of any trade or business.” Consistent with these provisions, and in light of the nature of the Liquidating Trust’s assets, the Liquidating Trust does not believe that to date it has recognized any income that would constitute trade or business income (or unrelated business taxable income or income that is effectively connected to the conduct of a trade or business in the United States, though such characterizations may depend in part on each Unitholder’s unique tax position) , and it does not anticipate that it will do so in the future.However, there can be no assurance that this will be the case.

The Liquidating Trust does not directly own any stock of any foreign corporation.

Cap Re provided reinsurance on mortgage loans originated by GMAC Mortgage LLC and its affiliates and correspondent lenders through entering into reinsurance agreements with various primary mortgage insurers in which the company assumed the risk of loss in excess of various loss percentages.

Effective December 31, 2008, Cap Re ceased reinsuring new risk, placing the existing reinsurance agreements into run-off in accordance with their terms.

-2018 WONCA Asia-Pacific Region Five Star Doctor Award has been awarded to Professor Tai-Yuan Chiu, Member of the Legislative Yuan. Also known as the WONCA’s Award of Excellence in Health Care, the award has a rigorous selection process based on each candidate’s contributions in five categories: as a Care Provider, a Decision Maker, a Communicator, a Community Leader, and a Team Member. Chiu will represent WONCA Asia-Pacific region as a nominee for the WONCA Five Star Doctor Award next year.

WONCA (The World Organization of National Colleges, Academies and Academic Associations of General Practitioners/Family Physicians) is the leading international non-profit organization dedicated to the advancement of family medicine and as an advocate for its constituents engages with other world bodies such as the World Health Organization (WHO).

Leave a Reply