Search Results for keywords:"License null and void"

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Search Results: keywords:"License null and void"

  • Type:Notice
    Citation:90 FR 13974
    Reading Time:less than a minute

    The United States Small Business Administration has revoked the license of the Stonehenge Opportunity Fund III-B, L.P. as a small business investment company. This action was taken under the authority of Section 309 of the Small Business Investment Act of 1958 and 13 CFR 107.1900. As a result, the license held by Stonehenge Opportunity Fund III-B, L.P. is now null and void. The decision was announced by Thomas Morris, Director of Patient Capital Investments.

    Simple Explanation

    The people in charge decided that a company called Stonehenge Opportunity Fund III-B, L.P. isn't allowed to help small businesses anymore. They took away its special permission slip, so now the company can't keep doing that job.

  • Type:Notice
    Citation:90 FR 13973
    Reading Time:less than a minute

    The United States Small Business Administration announced that the license previously granted to Silver Lake Waterman Fund II, L.P. to operate as a small business investment company is now null and void. This action is in accordance with the Small Business Investment Act of 1958 and relevant federal regulations. As a result, Silver Lake Waterman Fund II, L.P. is no longer authorized to function under this license.

    Simple Explanation

    The U.S. Small Business Administration says that Silver Lake Waterman Fund II, L.P. can no longer work as a special company helping small businesses because it gave up its special permission to do so.