Mount Pelée found adrift from the island, unconscious. The event marked the only major volcanic disaster in the history of France and its overseas territories. Mount Pelée is the result of a typical subduction zone. The subduction formed the Lesser Antilles island arc, a curved chain of volcanoes approximately in length, between Puerto Rico and Venezuela, where the Caribbean Plate meets Atlantic oceanic crust belonging to the South American Plate. Other volcanoes in the island arc are also known for their volcanic activity, including Saint Vincent's La Soufrière, Guadeloupe's La Grande Soufriere volcano, Montserrat's Soufrière Hills, and the submarine volcano Kick 'em
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