Sep
06
Judge’s Ruling Offers Peek Into Private Equity’s Secret World
ByInfiltrating the supersecret world of private equity is difficult, so any glimpse into how these firms operate is worth highlighting.
A recent ruling in a 2014 lawsuit over payouts made to private equity owners of Hellas Telecommunications, once Greece’s third-largest mobile phone operator, is a case in point. Even though the lawsuit relates to a transaction that’s almost a decade old, its allegations resonate today assecurities regulators and the Internal Revenue Service question private equity practices and increase their scrutiny of these firms…
Judge’s Ruling Offers Peek Into Private Equity’s Secret World