In Specie

• Cash Versus In Specie Dividends.

With the introduction of the new dividends tax on 1 April 2012, the distinction between cash dividends and dividends in specie requires consideration....

• Mondaq Business Briefing
• Nbr. 2012, January 2012

• Redemptions In Kind - The End Of The Road For In Specie Distributions?

In the recent case of Re FIA Leveraged Fund the Grand Court considered whether an in specie distribution properly discharged the Fund's liability to r...

• Mondaq Business Briefing
• Nbr. 2012, January 2012

• 150 Years Ago: House Debates Banking Bill

JEFFERSON CITY -- The House continued to debate the banking bill approved in the Senate that would, among other things, force the Bank of St. Louis to move its headquarters to Boonville and change its name to reflect the move. The bill's ostensible purpose was to provide relief for the banks so they could resume the redemption of paper notes in specie -- gold and silver coin. But the measure became part of a campaign against the state's commercial center by outstate lawmakers upset over the immigrant-based Republican dominance of St. Louis politics.

• Columbia Daily Tribune
• February 26, 2011

• Bills or notes issued as money redeemable in gold or silver; laws not to sanction suspension of specie payments

• Alabama Constitution

• Hedge Fund Side Letters And In Specie Payments Of Redemption Proceeds.

A recent decision of the British Virgin Islands High Court in SV Special Situations Fund Limited (SV) v Headstart Class F Holdings Limited (Headstart)...

• Mondaq Business Briefing
• Nbr. 2009, January 2009

• In Specie

Specific; specifically. Thus, to decree performance in specie is to decree ...

• West's Encyclopedia of American Law
• Fri–Jam

• State v. Stoll, 84 U.S. 425, 17 Wall. 425 (1873)

... fact whether the notes were redeemable in specie, were retained. We speak hereafter of a recharter ...

• U.S. Supreme Court

• Alexander Hamilton, Central Banker: Crisis Management During the U.S. Financial Panic of 1792

Most scholars know little about the panic of 1792, America's first financial market crash, during which securities prices dropped nearly 25 percent in two weeks. Treasury Secretary Alexander Hamilton adroitly intervened to stem the crisis, minimizing its effect on the nascent nation's fragile economic and political systems. U.S. policymakers soon forgot the crisis-management techniques Hamilton invented but failed to codify. Many of them were later rediscovered and became theoretical and practical standards of modern central-bank crisis management. Hamilton, for example, formulated and implemented "Bagehot's rules" for central-bank crisis management eight decades before Walter Bagehot wrote about them in Lombard Street.

..., one-quarter of which was payable in specie (gold or silver), and the remainder to be payable ...

• Business History Review
• Vol. 83 Nbr. 1, April 2009

• Golden Hill Declares Dividend in Specie.

CALGARY, ALBERTA--(BUSINESS WIRE)--Feb. 21, 1997--Golden Hill(CANADIAN DEALING NETWORK GHMC.) Mill City(VSE MIY.) GOLDEN HILL MINING CORP. (GHMC-CDN) ...

• Business Wire
• February 21, 1997

• Insolvency Position Clarified in the BVI.

... than cash to an investor?; and, can in specie payments protect a fund from being wound up? . Wha...

• Mondaq Business Briefing
• Nbr. 2011, January 2011