SALI Process

# Code Set Level Code Full Code   Short Name Name   Description
1  SALI Process  1  A  A  Advisory  Advisory  Any process that provides advice to a single party without adversarial event.
2  SALI Process  1  B  B  Restructuring/Bankruptcy  Financial Restructuring/Bankruptcy  Any process that involves the liquidation or restructuring a business. The process usually has several parties - debtors, creditors and buyers.
3  SALI Process  2  USCHAP11  B-USCHAP11  - US Chapter 11  US Chapter 11  Chapter 11 bankruptcy is a reorganization bankruptcy, and is available to individuals and businesses. The debtor remains in control of business operations under chapter 11 and doesn’t sell off all of its assets.
4  SALI Process  2  USCHAP12  B-USCHAP12  - US Chapter 12  US Chapter 12  This form of bankruptcy is designed for “family farmers” and “family fisherman” that are under financial distress. Under chapter 12, the person in debt comes up with a plan to pay back creditors over three to five years.
5  SALI Process  2  USCHAP13  B-USCHAP13  - US Chapter 13  US Chapter 13  In chapter 13 bankruptcy, or a “wage earner plan”, an individual that has regular income is allowed to develop a plan to pay back parts, or all, of their debts. One advantage of chapter 13 is it allows individuals to avoid foreclosure on their houses.
6  SALI Process  2  USCHAP15  B-USCHAP15  - US Chapter 15  US Chapter 15  Chapter 15 bankruptcy provides a way of dealing with cases that involve more than one country. The main goal of chapter 15 is to provide cooperation between a foreign debtor, foreign courts and the U.S. bankruptcy courts.
7  SALI Process  2  USCHAP7  B-USCHAP7  - US Chapter 7  US Chapter 7  Chapter 7 bankruptcy, sometimes referred to as liquidation bankruptcy, is the most common type of bankruptcy in the U.S., and the most basic form of bankruptcy. Chapter 7 provides liquidation of an individual’s property and then distributes it to creditors.
Tags: Liquidation
8  SALI Process  2  USCHAP9  B-USCHAP9  - US Chapter 9  US Chapter 9  Chapter 9 bankruptcy is a bankruptcy for municipalities – cities, towns, counties and school districts, for example. Municipalities that file chapter 9 earn protection from creditors while they develop a plan for adjusting their debts.
9  SALI Process  1  D  D  Dispute  Dispute  A process that describes a conflict/adversarial event potentially or actually involving a second party. This can include government entity or internal investigation
10  SALI Process  2  ADM  D-ADM  - Administrative  Administrative  All or some part of a cause heard and determined by an Administrative Agency or governmental entity. Any legal step or action taken at the direction of, or by the agency or entity.
11  SALI Process  2  APP  D-APP  - Appellate  Appellate  Any service before a court of law that is empowered to hear an appeal of a trial court or other lower tribunal.
12  SALI Process  2  ARB  D-ARB  - Arbitration and Dispute Resolution  Arbitration and Dispute Resolution  The use of methods such as mediation and arbitration to resolve a dispute instead of litigation.
13  SALI Process  2  CCI  D-CCI  - Court Proceeding, Civil  Court Proceeding, Civil  A lawsuit; all or some part of a cause heard and determined by a court. Any legal step or action taken at the direction of, or by the authority of a court.
14  SALI Process  2  CCR  D-CCR  - Court Proceeding, Criminal  Court Proceeding, Criminal  A criminal lawsuit; all or some part of a cause heard and determined by a criminal court. Any legal step or action taken at the direction of, or by the authority of a court.
15  SALI Process  2  INV  D-INV  - Investigation  Investigation  A search or examination with an intention to discover facts and their relationship to law.
16  SALI Process  1  R  R  Regulatory (Non-Dispute)  Regulatory, Administrative & Municipal  Any process that results a filing something with governmental entity.
17  SALI Process  2  ADV  R-ADV  - Lobbying/Advocacy  Lobbying/Advocacy  The act of pleading for or arguing in favor of something or actively supporting a cause or proposal; the act of attempting to influence the actions, policies, or decisions of officials in their daily life, most often legislators or members of regulatory agencies.
18  SALI Process  2  COM  R-COM  - Compliance  Compliance  The process by which an organization ensures that it observes and complies with the external statutory laws and regulations.
19  SALI Process  2  ENF  R-ENF  - Enforcement  Enforcement  The process of enforcement by a regulatory agency through an administrative procedure outside of any court system.
20  SALI Process  2  MON  R-MON  - Monitoring  Monitoring  The process of monitoring developments in the law, including judicial decisions, agency opinions, and statutory and regulatory enactments usually for the purpose of establishing up-to-date policies and protocols.
21  SALI Process  1  T  T  Transaction  Transaction  Any process that involves two or more parties in creation of a contract.
22  SALI Process  2  DEV  T-DEV  - Development  Development  A transaction for the modification or building of something on real property.
23  SALI Process  2  FIN  T-FIN  - Financing  Financing  To be defined. (Needs to cover Debt Financing, Equity Fining. How do we address securities, etc.)
24  SALI Process  3  FINDBT  T-FIN-FINDBT  - - Debt Financing  Debt Financing  Debt financing occurs when a firm raises money for working capital or capital expenditures by selling debt instruments to individuals and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise that the principal and interest on the debt will be repaid.
25  SALI Process  3  FINEQU  T-FIN-FINEQU  - - Equity Financing  Equity Financing  Equity financing is the method of raising capital by selling company stock to investors. In return for the investment, the shareholders receive ownership interests in the company.
26  SALI Process  3  LOA  T-FIN-LOA  - - Loan  Loan  A transaction whereby property is lent or given to another on condition of return or, where the loan is of money, repayment. In a loan of money, the money lent becomes the property of the borrower during the period of the loan against an undertaking to return a sum of an equivalent amount either on demand or on a specified date or in accordance with an agreed schedule of repayments.
27  SALI Process  3  MOR  T-FIN-MOR  - - Mortgage  Mortgage  A transaction in which the owner pledges his/her/its title to real property to a lender as security for a loan described in a promissory note.
28  SALI Process  2  FOR  T-FOR  - Formation  Formation  Formation of a legal entity such as a company, joint venture, fund, security, etc.
29  SALI Process  2  LEA  T-LEA  - Lease  Lease  A contract by which one party (landlord, or lessor) gives to another (tenant, or lessee) the use and possession of lands, buildings, property, etc. for a specified time and for fixed payments.
30  SALI Process  2  LIC  T-LIC  - License  License  A grant of permission by a governmental entity or private agreement.
31  SALI Process  2  MAA  T-MAA  - Merger and Acquisition  Merger and Acquisition  The purchase of one company by another (an acquisition), or the blending of two companies into a new entity (a merger). A merger is a process by which two companies join and one new company continues to exist.
32  SALI Process  2  PSA  T-PSA  - Purchase and Sale  Purchase and Sale  The purchase or sale of a property, right or entity.
33  SALI Process  2  SEC  T-SEC  - Securitization  Securitization  The financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs).
34  SALI Process  2  SEP  T-SEP  - Separation  Separation  Separation or dissolution of a legal entity or legal relationship (such as employment).
35  SALI Process  2  SVC  T-SVC  - Services  Services  A service agreement is an agreement between two persons or businesses where one agrees to provide a specified service to the other. It can also be an express undertaking of employment signed by both the employer and the employee detailing therein the explicit terms and conditions of service. A service agreement is different from a bond. A service agreement binds both the parties to the agreement, whereas bond is one sided and binds the employee to the agreement only.