Try our Advanced Search for more refined results

Excerpt from Practical Guidance

Expert Analysis

Tax Traps In Acquisitions Of Financially Distressed Targets

By Practical Guidance staff (September 16, 2024, 6:45 PM EDT) -- This article discusses certain tax considerations applicable to the acquisition of an insolvent company or a bankrupt company and to the insolvent or bankrupt company and its owners generally. Some of the issues include limitations on using an insolvent or bankrupt company's tax benefits, cancellation of indebtedness income, tax lien considerations, potential tax reorganizations, Section 1001 deemed exchange rules on debt modifications, and worthless securities deductions....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!