tax

Fall 2008 Edition Of Bankruptcy Resource Is Now Available

Bob Eisenbach — Sun, 02 Nov 2008 22:18:27 +0000

The Fall 2008 edition of the Absolute Priority newsletter, published by the Cooley Godward Kronish LLP Bankruptcy & Restructuring group, of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the bankruptcy and workout area. Follow the links in this sentence to access a copy of the newsletter or to register to receive future editions.

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Supreme Court Decision Settles The Section 1146(a) Transfer Tax Exemption Issue

Bob Eisenbach — Mon, 16 Jun 2008 21:36:34 +0000

On June 16, 2008, the United States Supreme Court issued its decision in Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc., the case involving whether Section 1146(a) of the Bankruptcy Code, which exempts from stamp or similar taxes any asset transfer “under a plan confirmed under section 1129 of the Code,” applies to transfers of assets occurring prior to the actual confirmation of such a…

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What Happened At The Supreme Court Oral Argument In The Section 1146(a) Bankruptcy Transfer Tax Exemption Case?

Bob Eisenbach — Fri, 28 Mar 2008 03:46:01 +0000

On Wednesday, March 26, 2008, the United States Supreme Court heard oral argument in the case of Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc. A link to the transcript of the oral argument can be found below. The case presents the following question: With so many asset transfers in Chapter 11 cases taking place through Section 363 asset sales before plan confirmation…

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