[DOWNLOAD] "Berckeley Investment Group, Ltd. v. Colkitt" by In the United States Court of Appeals for the Seventh Circuit " Book PDF Kindle ePub Free

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eBook details

• Title: Berckeley Investment Group, Ltd. v. Colkitt
• Author : In the United States Court of Appeals for the Seventh Circuit
• Release Date : January 25, 2006
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 95 KB

Description

In May 1996, Appellant Douglas Colkitt, M.D., entered into an "Offshore Convertible Securities Purchase Agreement" (the "Agreement") with Appellee Berckeley Investment Group, Ltd., an offshore financing entity based in the Bahamas. The Agreement provided that Colkitt would receive $2,000,000 from Berckeley in exchange for 40 convertible debentures, which Berckeley could convert after a specified time period into unregistered shares of stock held by Colkitt. The number of shares to be converted was controlled by a formula based on the current market value of the shares less a 17% discount for Berckeley.

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