Tax Planning for Troubled Corporations clearly outlines the steps involved in bankruptcy proceedings and examines the procedural tax aspects of bankruptcy. Practical guidance runs the gamut from the corporation's initial tax payment and reporting obligations through the claims resolution process, to the payment and discharge of tax claims pursuant to a confirmed Chapter 11 plan.With updated material and expanded coverage, the 2005 Edition is thoroughly updated to account for all new developments that have occurred in this dynamic area of the law since publication of the last edition, including relevant legislation, important IRS rulings and regulations, and new case law.In addition, the 2004 Edition continues its coverage of the pending bankruptcy reform bill, which was initially approved by the House in March 2003, but has not yet been acted upon in the Senate. The bill would affect a broad range of tax related provisions, discussions of which are included in this Edition and referenced in the index under "Legislation

Tax Planning for Troubled Corporations: Bankruptcy&Nonbankruptcy Restructurings (2005)

Business & Money

Gordon D. Henderson

Stuart J. Goldring

Accounting

PLEASE NOTE: The new 2009 edition is now available. Please see ISBN 9780808019701.

Tax Planning for Troubled Corporations: Bankruptcy and Nonbankruptcy Restructurings

CCH, Inc.

Tax Planning for Troubled Corporations, by noted tax attorneys Gordon D. Henderson and Stuart J. Goldring, clearly outlines the steps involved in corporate bankruptcy proceedings and examines the tax procedural aspects of bankruptcy. This classic treatise provides crystal clear analysis and guidance for any company considering bankruptcy filing and for tax, financial and legal advisors to such companies. It examines the full gamut of tax aspects, consequences and considerations of bankruptcy and non-bankruptcy restructuring of financially troubled businesses -- from the corporation's initial tax payment and reporting obligations through the claims resolution process, to the payment and discharge of tax claims pursuant to a confirmed Chapter 11 plan.

Tax Planning for Troubled Corporations (2009)

Tax Planning for Troubled Corporations, by noted tax attorneys Gordon D. Henderson and Stuart J. Goldring, deals with the problems of financially distressed corporations and their creditors and shareholders from the early warning time when their cash flow becomes insufficient to service their debt, through the problems and opportunities arising from the need to modify their debt, to the later potential need to exchange their debt for equity, and to the ultimate potential consideration of the need to seek the protection of the bankruptcy courts. In the course of its analysis the book discusses recapitalizations, two-company combinations and acquisitions, utilizing tax losses, consolidated return problems, bankruptcy aspects of federal tax procedure, and state and local tax aspects of bankruptcy.

Tax Planning for Troubled Corporations (2011)

J.D.

<p>Tax Planning for Troubled Corporations, by noted tax attorneys Gordon D. Henderson and Stuart J. Goldring, deals with the problems of financially distressed corporations and their creditors and shareholders from the early warning time when their cash flow becomes insufficient to service their debt, through the problems and opportunities arising from the need to modify their debt, to the later potential need to exchange their debt for equity, and to the ultimate potential consideration of the need to seek the protection of the bankruptcy courts. In the course of its analysis the book discusses recapitalizations, two-company combinations and acquisitions, utilizing tax losses, consolidated return problems, bankruptcy aspects of federal tax procedure, and state and local tax aspects of bankruptcy. TABLE OF CONTENTS: - Developing a strategy for a failing company - Bankruptcy versus nonbankruptcy restructuring - Deductions and accrual of interest - Debt modification - One-company equity-for-debt re-capitalization - Two-company reorganizations involving a failing company - Utilizing tax losses - Special problems of multi-company debtor groups - Liquidating trusts, escrow, and the like - Bankruptcy aspects of federal tax procedure - State and local tax aspects of bankruptcy - Liquidating bankruptcies - Deductibility of expenses during bankruptcy ABOUT THE AUTHORS: Gordon D. Henderson has been a partner and is now of counsel, in the law firm of Weil, Gotshal &amp; Manges LLP in New York City. He received his B.A. degree from Harvard College, and his J.D. degree from Harvard Law School. He has had extensive experience in major bankruptcy cases extending over 25 years. He has Chaired the Tax Section of the New York State Bar Association, the Committee on Corporation Law of the Association of the Bar of the City of New York, and the Policy Advisory Group for the New York Joint Legislative Commission to Study the New York State Tax Laws. Stuart J. Goldring is a partner in the law firm of Weil, Gotshal &amp; Manges LLP in New York City. He received a Bachelors in Business Administration degree from the University of Michigan, and his J.D. from the University of Michigan Law School. He also received an LL.M. in Taxation from New York University School of Law. He has extensive experience in advising debtors, creditors, and potential acquirers and investors in troubled companies, spanning over 20 years. He serves on the Executive Committee of the Tax Section of the New York State Bar Association and is Co-Chairman of the Committee on Bankruptcy and Losses.</p>

Tax Planning for Troubled Corporations (2017)