Overview of Platinum Tower’s Executive Suite (The Business Plan & The Business Series)

April 14, 2012 by  
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Are you a frustrated professional that is SICK of making someone else rich? Have you climbed to the top of your career mountain…only to realize that it’s not YOUR mountain? You can see your mountain off in the distance. You long to run to it, climb it, sink your pole in the ground and fly […]

Benchmark – April/May 2011

May 8, 2011 by  
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May 2011 Newsletter

Overview of Corporate Structures

September 13, 2010 by  
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A Comparison of Corporate Ownership Structures Sole Proprietorships and Partnerships A sole proprietorship is a one-person business that is not registered with the state as a limited liability company (LLC), corporation, or other formal corporate structure. No special filings are needed to set up a sole proprietorship.  The entity is created when the proprietor begins […]

Corporate Bankruptcy: An Overview

September 13, 2010 by  
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CORPORATE BANKRUPTCY An Overview In difficult economic times such as these, many companies have fallen on hard times.  They have laid off employees, canceled contracts, and discontinued unprofitable lines of business.  What does a company do when cutting back is not enough?  Can an insolvent company be saved, or is it destined to fail?  In […]

CEO Out of Control: Arresting the Corporate Meltdown

September 13, 2010 by  
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CEO OUT OF CONTROL: Arresting the Corporate Meltdown A member of the Board of Managers of one of my corporate clients called me recently to discuss certain actions taken by the company’s Chief Executive Officer.  The CEO had written himself a check in the amount of $50,000 two days prior to his anticipated termination from […]

Management and Controlling Shareholders’ Fiduciary Duties to Shareholders

September 13, 2010 by  
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The management (directors and officers) and the controlling shareholders of a corporation must understand some basic information regarding their fiduciary duties to minority shareholders and to the corporation.  This is necessary in order to raise their collective awareness so that certain problematic situations will be recognized as they arise. These duties are also owed by […]

Anatomy of a Geothermal Power Plant: Operating a Geothermal Power Plant

January 23, 2010 by  
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Anatomy of a Geothermal Power Plant OPERATING A GEOTHERMAL POWER PLANT Power Purchase Agreements ABC Geothermal Company has several potential choices for selling its product to the marketplace.  If the geothermal resources are being used for direct uses, ABC Geothermal Company may elect to sell hot water or steam directly to enduse customers for district […]

Anatomy of a Geothermal Power Plant: Project Finance Issues

January 23, 2010 by  
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Anatomy of a Geothermal Power Plant GEOTHERMAL PROJECT FINANCE Urgency in the Energy Markets Renewable resources are experiencing a renaissance in the United States.  Many states, including California, have instituted Renewable Portfolio Standards (“RPS”) (California’s RPS program is embodied in the California Public Utilities Code § 399.14(a)(2)(D)) that require a particular percentage of the states’ electricity […]

Anatomy of a Geothermal Power Plant: Plant Siting Issues

January 23, 2010 by  
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Anatomy of a Geothermal Power Plant SITING A GEOTHERMAL POWER PLANT PROJECT General Siting Issues The decision of where to site a geothermal power plant is generally based on the generation and review of resource data, including drilling and/or geophysical surveys, any existing mineral leases (note that each state independently defines “geothermal resources” as either […]

Anatomy of a Geothermal Power Plant: Certifying a Geothermal Power Plant

January 23, 2010 by  
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Anatomy of a Geothermal Power Plant CERTIFYING A GEOTHERMAL POWER PLANT California Certification and Verification Process The California Energy Commission (“CEC”) is charged with the task of licensing power plants in this state, including geothermal energy power plants that produce at least 50 megawatts (MW) of geothermal energy per month (in the event that the […]

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