American University of the Caribbean of Education has determined that the commission’s accreditation standards are comparable to those applicable to U.S. medical schools. Founded by American educator Dr. Paul Tien in 1978, the main campus of the American University of the Caribbean was originally located on the island of Montserrat, but was forced to move to its present location in Sint Maarten after the eruption of the previously dormant Soufriere Hills volcano. While a medical campus was being constructed on Montserrat, AUC started conducting classes under its Montserrat charter in a rented space on the campus of the College of Mount St. Joseph in Cincinnati,
Long-Term Capital Holdings v. United States After a bench trial, Judge Janet Bond Arterton ruled, on August 27, 2004, that the transactions employed by Long-Term Capital Holdings did not have economic substance and so were disregarded for tax purposes. Long-Term Capital Holdings v. United States Long Term Capital Holdings v. United States, 330 F. Supp. 2d 122 (D. Conn. 2004), was a court case argued before the United States District Court for the District of Connecticut that concerned a tax shelter used by Long-Term Capital Management, a failed hedge fund. The tax shelter had been designed by Babcock & Brown for Long-Term Capital to shelter it's