American University of the Caribbean of Texas) to help place AUC in their temporary Campus. Classes started again on 17 October 1989 for 3 semesters before returning to Montserrat. The Montserrat campus was rebuilt and AUC reopened it for classes in September 1990. Long thought to be dormant, the Soufrière Hills volcano on Montserrat erupted on 18 July 1995, rendering much of the island uninhabitable, including the entire city of Plymouth. Students and faculty were evacuated, and the campus was buried under volcanic ash. AUC reopened its operations in September 1995. 250 students were sent to a temporary location in Belize and 280 students were
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