Shenzhen Xunlei is a limited liability company established and existing under the laws of the PRC, primarily engaging in internet business. It is a variable interest entity that is contractually ...
Xunlei (XNET) announced that its variable interest entity in China, Shenzhen Xunlei Networking Technologies, has entered into definitive agreements to transfer an aggregate 50% equity interest in ...
AMONG ENRON’S PROBLEMS WAS ITS USE of variable interest entities, which allowed it to leave significant amounts of debt off its balance sheet. In response to concern about this practice, FASB issued ...