South Soufriere Hills South Soufriere Hills South Soufriere Hills is a 35 ha patch of forest on the island of Montserrat, a British Overseas Territory in the Leeward Islands of the Caribbean Sea. It forms one of the territory’s Important Bird Areas (IBAs). The IBA comprises the largest remnant of Montserrat’s native forest in the Soufrière Hills, in the exclusion zone. It has survived the volcanic eruptions and pyroclastic flows that have devastated and depopulated the southern half of the island since the late 1990s. It lies only about 1.5 km south of 915 m Chances Peak, the highest point of the island
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