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Treating S Corporation Stock Purchases as Asset Purchases
Question: I am the owner of an S corporation which is purchasing another business operated by an S corporation. I have been advised that I am better off for both tax and liability reasons structuring the transaction as a purchase of the assets of the target corporation rather than a purchase of the stock of the target corporation. However, the target corporation has some licenses and other assets which are not readily transferable making it more beneficial to acquire the target corporation’s stock. Are there any options available to me to avoid the consequences of a stock purchase?
Comcast Aces Tennis Channel
Cable television packages or “tiers” have long drawn the ire of sports leagues. Tiers carry specific types of programming (e.g., science fiction, business news, or out of market sports), and are available to subscribers for an additional charge over basic programming.
Undercutting a Sales Rep Puts Manufacturer in Hot Water
Independent sales rep X-Cel Sales, LLC represented A.O. Smith Corporation, the well-known water heater manufacturer, for 15 years in Arizona and Nevada. Soon after terminating X-Cel in June 2010, A.O. Smith discovered that scorned sales reps have replaced women as the subject like which hell hath no fury.
When Compensating for Pain and Suffering, It’s a Small World After All
“It’s a world of laughter, a world of tears.”
Compensating plaintiffs for wrongful pain and suffering is typically the jury’s province, and a look at some recent cases vividly displays just how difficult, even gut-wrenching, these decisions can be.
“It’s a world of hope, and a world of fears.”
What Happens When Your Principal Files For Bankruptcy
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Putting The “Success” Into Succession Planning
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Pet Product Rep Cleans Up After Manufacturer’s Mess, and Court Won’t Stop Barking About It
With surprising regularity, principals are taking legally flawed positions when reps must resort to legal action to collect commissions due, particularly following a termination.
From The Jaws Of Defeat: Snaring A Sweet Multi-Million-Dollar Settlement Instead Of Accepting Termination
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