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EQUITY TRUST CO. OWNERSHIP CASE
- In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownership
James M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay ...
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
Hobby Lobby founder David Green turned a $600 loan into a billion-dollar retail empire, then gave away ownershipDavid Green started Hobby Lobby with a $600 loan in 1970 and built it into a nationwide arts-and-crafts retailer. But his decision to trans...
ET Wealth Expo 2026: Explore the future of investing, financial security and intergenerational wealthFrom building wealth in the AI age and identifying investment opportunities to protecting assets, planning for retirement and transferring ...
Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happened
Cervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
Harsh Goenka has advice for Tata Sons amid Sensex decline: ₹11.68 lakh crore equity portfolio could generate ₹82,000 crore a year in FDsHarsh Goenka has shared a hypothetical scenario in which Tata Sons' ₹11.68 lakh crore listed equity portfolio could generate ₹70,000 crore ...
NPS investment in startups: AINPSEF writes to PM Modi seeking probe and asks for dissolution of NPS TrustManjeet Singh Patel has alleged serious financial irregularities concerning the National Pension System Trust. He has requested a high-leve...
Why is Getty Images filing for bankruptcy? Failed Shutterstock merger and AI pressure explainedGetty Images is planning to file for bankruptcy to reorganize its finances and seek new investments. The company has secured funding commit...
Rajnath Singh pitches drones, radars and choppers to ASEAN partnersDefence Minister Rajnath Singh emphasized the importance of military cooperation with ASEAN partners during a recent forum. He proposed exp...
LSEG taps Nvidia for faster historical market data processingLSEG, which operates the London Stock Exchange and provides data and analytics, has been expanding its offerings to support diverse demand ...
Pre-owned goods marketplace Circle raises Rs 25 crore led by Nexus Venture PartnersThe Bengaluru-based startup will use the funds to expand to other cities, invest in AI-powered pricing, product discovery, and verification...
FII ownership hits 17-year low, but foreign holdings in Indian equities rise 3.6 times to $783 billion: ReportForeign investor ownership in Indian equities has fallen to a 17-year low of 15.1%, but the absolute value of holdings has risen to around ...
Mutual funds close in on FPIs in Indian equity ownershipWith Indian mutual funds now holding 11.7% of domestic equities, they have overtaken foreign portfolio investors, whose share has plunged b...
NTPC invites industrial partners for 26% equity in co-generation projectsNTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation ...
Dwayne Johnson launched Teremana Tequila in 2020; 6 years later, the brand was reportedly valued at about $3.5 billionDwayne Johnson launched Teremana Tequila in 2020 with three partners. Six years later, the brand was reportedly valued at $3.5 billion. Joh...
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisorIsprava Group has appointed Sanjay Sethi as Strategic Advisor for its hospitality and luxury home divisions. This decision aims to strength...
Anthropic CEO Dario Amodei made $18 million last year, middle of the tech CEO packDario Amodei made $18 million last year as CEO of Claude AI developer Anthropic, the company's IPO filing shows, putting him in the middle ...
In 2018, Silvio Scaglia paid $56M for a Tribeca penthouse; 8 years later, it sold for $57MSilvio Scaglia bought a Tribeca penthouse for $56 million in 2018. The property sold for $57 million in February 2026 after it was awarded ...