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Results: 1-10 of 136

Low-income housing tax credit workouts and bankruptcies: understanding the basics

  • Thompson Coburn LLP
  • -
  • USA
  • -
  • November 14 2014

Over the last several years there has been an increase in defaults in loans made to finance affordable housing projects. Many of these projects

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

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

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

Protect your estate from beneficiary bankruptcy: lessons from Clark v. Rameker

  • Ryley Carlock & Applewhite
  • -
  • USA
  • -
  • September 16 2014

In the preparation of a comprehensive estate plan for a client, an attorney must consider the size of the estate, the manner in which assets are

LeClairRyan accountant and attorney liability newsbrief - Spring 2014

  • LeClairRyan
  • -
  • USA
  • -
  • June 5 2014

Within one day of each other, the U.S. District Court for the District of Massachusetts (“District Court”) in Perkins v. Massachusetts Department of

Lenders should consider suggesting bankruptcy to borrowers following the sale of delinquent taxes on a principal residence

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • January 31 2014

The Seventh Circuit Court of Appeals recently held that a plan under chapter 13 of the Bankruptcy Code can modify the rights of a purchaser of

Treasury issues final regulations on partnership interests transferred to creditor in debt-for-equity exchange

  • Dentons
  • -
  • USA
  • -
  • November 21 2011

On November 15, 2011, the U.S. Internal Revenue Service and the U.S. Department of Treasury issued final regulations under Section1 108(e)(8) and certain other Sections relating to the application of Section 108(e)(8) to partnerships

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

Give and take: Delaware bankruptcy court dismisses trustee’s turnover and avoidance claims relating to debtor’s net operating losses

  • Weil Gotshal & Manges LLP
  • -
  • USA
  • -
  • November 4 2014

Are a debtor’s net operating losses considered property of the estate when they are reported on a consolidated tax return by a non-debtor parent? We