Treasury issues final regulations on partnership interests transferred to creditor in debt-for-equity exchange

On November 15, 2011, the U.S. Internal Revenue Service ("IRS") and the U.S. Department of Treasury ("Treasury") issued final regulations under Section1 108(e)(8) and certain other Sections relating to the application of Section 108(e)(8) to partnerships (collectively, the "Final Regulations").

Filed under:
USA, Insolvency & Restructuring, Tax, Dentons, Debtor, Interest, Debt, Liquidation, Fair market value, Internal Revenue Service (USA)
Authors:
Lisa M. Pekkala , Timothy J. Santoli
Location:
USA
Firm:
Dentons