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Subject collection 2 articles

Process & consequences

Look beyond the immediate deal to the transactions and tax consequences that may need a separate review.

Payment & transfer review
Debt cancellation
Tax consequences

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Reference article

Business debt cancellation & tax consequences

Cancellation-of-debt income, exclusions, entity classification, and tax-attribute consequences of a restructuring.

Inside this article

Start with the actual transaction
Exclusions require their own analysis

1 min read5 sections

Reference article

Preferences & voidable business transfers

Reviewing payments, liens, insider transactions, and asset transfers before and during insolvency proceedings.

Inside this article

Why transfers are reviewed
Preferences under § 547

1 min read5 sections

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