A couple of months back, a local business reporter asked whether I could identify one kind of corporate transaction that was occupying more of my time than any other. When I asked whether they were referring to any specific industry, form of M&A transaction,[i] or type of buyer,[ii] they replied that they were
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Spin-Offs, Mergers, and . . . Gifts? Oh My
By Farrell Fritz P.C. on
Posted in Federal
Mostly Divisions
Over the last several months, many of the projects on which I have been working have involved the division of a corporation or of a partnership. Yes, there have been purchases and sales of businesses along the way. And, yes, there have been restructurings of organizations for various purposes, including to facilitate a…
Tax-Free Spin-Off? That May Depend . . . On Post-Spin-Off Events
By Farrell Fritz P.C. on
Posted in Federal
The Break-Up
After a tense period of disagreement and stalemate, the threat of litigation,[i] the ensuing economic and emotional stress, Client and their former fellow-shareholder (“Departing”) – and onetime friend, before their disagreement on the direction of the business turned into much worse – have gone their separate ways. The corporation (“Corp”)[ii] through…