safe harbor


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Noun1.safe harbor - the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive; "the acquisition gave the company a safe harbor"
porcupine provision, shark repellent - a measure undertaken by a corporation to discourage unwanted takeover attempts
References in classic literature ?
May God requite you, and bring you to your safe harbor! May he pay for me the debt of gratitude that I owe to you!"
Working with the staff and the board of directors of Partner Colorado Credit Union, Seefried and her team designed Safe Harbor Private Banking to launch a full scope cannabis banking program that has withstood the scrutiny of eight federal and state exams.
The order utilizes some equipment from a "safe harbor" transaction dating back to 2016.
The determination of whether an activity is engaged in for profit is based on the facts and circumstances of each case and can be very subjective; however, a statutory safe harbor is provided under Sec.
Debt payment solution CanPay, serving the cannabis industry has partnered with Safe Harbor Private Banking, the compliant banking program for cannabis businesses, to provide banking services and cashless payments to Florida's medical marijuana market, the company said.
IRS clarifies safe harbor for inadvertent violation of normalization rules.
Case No.: 16-784 Focus: Bankruptcy Safe Harbor To maximize the funds available for, and ensure equity in, the distribution to creditors in a bankruptcy proceeding, the Bankruptcy Code gives a trustee the power to invalidate a limited category of transfers by the debtor or transfers of an interest of the debtor in property.
"I have counsel and intend to aggressively defend myself against the frivolous lawsuit filed by Safe Harbor's ex-employees," Seefried said.
A good part of the American literature is premised on the belief that the United States Congress failed to hold a robust debate before it enacted the safe harbors. Instead, many of the safe harbor detractors, including this author, believe that Congress uncritically accepted the financial industry's arguments in favor of the safe harbors without considering the effects on other, less regulated spheres like corporate restructuring and corporate finance.
One solution is to offer a safe harbor 401(k) for your small business.
25 January 2017 - Texas marina operator Safe Harbor Marinas has acquired Connecticut marina operator Brewer Yacht Yard Group, the company said.
In 2004, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) was amended to include a safe harbor regulation providing the means for a plan sponsor to remove former employees' small balance accounts-i.e., more than $1,000 and less than or equal to $5,000-from its retirement plan.