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Results: 1-10 of 145

The price of oil & the potential for master limited partnership restructuring and insolvencies

  • Kaye Scholer LLP
  • -
  • USA
  • -
  • April 2 2015

With the near-historic drop in oil prices, distressed investors are evaluating a myriad of investment opportunities in the oil industry and related

Reorganization plan qualifies for bankruptcy exception to NOL limitation rules

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • April 30 2013

In another recent private letter ruling, the IRS ruled that an ownership change pursuant to a bankruptcy reorganization plan qualified for an

Discharging tax debts in bankruptcy: when is a return not a return?

  • Morvillo Abramowitz Grand Iason & Anello PC
  • -
  • USA
  • -
  • March 19 2015

Falling behind on one’s taxes often leads to a downward spiral, and it is not uncommon for a taxpayer who cannot pay her tax obligations to decide

Energy Future Holdings bidding procedures fight highlights conflicts among affiliated debtors

  • Kelley Drye & Warren LLP
  • -
  • USA
  • -
  • December 12 2014

Energy Future Holdings (EFH), fka TXU Corp., an energy company centered in Texas, was taken private in 2007 in the largest leveraged buyout

Delinquent property tax collection: foreclosure may be vulnerable

  • Pepper Hamilton LLP
  • -
  • USA
  • -
  • September 25 2012

Wisconsin has a strict tax foreclosure procedure in which the tax authority effectively obtains the property without any public or competitive bidding in satisfaction of the delinquent tax bill

Escaping taxes in bankruptcy through S corporations

  • Greenberg Glusker Fields Claman & Machtinger LLP
  • -
  • USA
  • -
  • September 29 2014

Shareholders of financially troubled S corporations may now be able to avoid the flow-through of taxes when the S corporation or its subsidiary files

Tax authorities face high hurdles to shield payments from preference actions

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 19 2009

In a case that has broad implications for trustees and taxing authorities embroiled in preference avoidance actions, the Bankruptcy Court for the Western District of Missouri weighed in on the parameters of a trustee's ability to avoid preferential sales and use tax payments under section 547 of the Bankruptcy Code

Partnership bankruptcy tax issues

  • Cadwalader Wickersham & Taft LLP
  • -
  • USA
  • -
  • June 7 2008

Bankruptcies and restructurings involving partners and partnerships raise a number of unique tax issues

Tax sharing agreements in bankruptcy a tale of two jurisdictions

  • Kramer Levin Naftalis & Frankel LLP
  • -
  • USA
  • -
  • August 28 2013

Often times, tax planning can be an important part of assessing an estate's available assets and preserving the value of such assets for the benefit

Cancellation of debt income realized by pass-through entities: some basic considerations

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • July 6 2009

As a general rule, a debtor realizes taxable income upon the partial or total cancellation of its debt