By: Kemahl Franklyn The U.S. Department of Justice (DOJ) and a bipartisan multistate coalition have filed lawsuits this year against Live Nation Entertainment — the parent company of Ticketmaster...
Current distributions, also known as non-liquidating distributions, are critical to a partnership's or limited liability company’s (LLC) operations since pass-through entities use current distributions...
Perfluorinated and Polyfluorinated Substances (PFAS) are found in many consumer products such as cookware, food packaging, cosmetics, and stain repellants, and can be released into the air, soil, and water...
Navigating the intricate world of private company transactions requires a keen understanding of the key negotiating points that can make or break the deal. This checklist provides a general outline of...
Understand how to prepare and submit a request to the FDA asking it to review critical elements of a protocol design. Read now » Related Content FDA Drug Regulatory Activity Tracker Follow...
A split-up transaction is a type of spin-off transaction that occurs when shareholders of a business want to part ways. The split-up may occur because shareholders want to take the business in different directions or they just may no longer want to work together. In a split-up, the parent corporation D dissolves and liquidates, distributing stock of one controlled corporate subsidiary to one or more shareholders and stock of another controlled corporate subsidiary to other shareholders, in both cases in redemption of D stock. Split-ups are often achieved through the use of one or more ''divisive D reorganizations'' under I.R.C. § 368(a)(1)(D).
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