The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | March 4, 2019
As we have noted before, one of the advantages of a bankruptcy filing is bringing most claims held by or against the debtor into one forum—the bankruptcy court—to be resolved as part of administration of the bankruptcy case.
The Legal Intelligencer | Commentary
By Amy Neifeld Shkedy and Rebecca Rosenberger Smolen | March 4, 2019
It is important for folks to understand that by doing this they may be giving up the stepped-up basis at death. Consequently, they may have missed out on an arbitrage opportunity by failing to evaluate the capital gains tax versus the inheritance tax savings.
The Legal Intelligencer | Commentary
By Joanne Werdel | February 22, 2019
This past fall marked the 10-year anniversary of the start of the financial crisis. Fueled by risky, subprime mortgages with predatory terms, the financial crisis and ensuing recession was the worst economic disaster in the United States since the Great Depression.
The Legal Intelligencer | News
By P.J. D'Annunzio | February 21, 2019
The city of Philadelphia has filed a lawsuit against several Wall Street investment banks over an alleged conspiracy to set interest rates on city borrowing, costing public institutions like public colleges and hospitals to pay billions in "inflated interest."
The Legal Intelligencer | News
By Zack Needles | February 21, 2019
The Pennsylvania Supreme Court has ruled that a lender must issue a new notice of intent to foreclose before filing a second foreclosure complaint after its initial complaint was dismissed.
The Legal Intelligencer | Commentary
By Christopher Ezold | February 19, 2019
If you represent early stage life sciences companies entering the capital markets, you may be asked to opine on the financing and business issues they face. Below is a general overview of some of the issues that you will need to understand to provide solid advice.
The Legal Intelligencer | Commentary
By Joseph N. Frabizzio | February 18, 2019
Trusts are a fundamental estate planning tool. While they can be used in a straightforward manner, they also offer the flexibility to provide solutions for unique and sometimes difficult situations.
The Legal Intelligencer | Commentary
By Russell J. Fishkind | February 14, 2019
Themes of last minute changes to a will or deathbed gifts make for a fascinating read, or may play well in theaters near you, but such actions cause families to litigate as scores are arguably settled.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Drew S. McGehrin | February 14, 2019
In'In re Gaither,' the U.S. Bankruptcy Court for the District of South Carolina held that Bankruptcy Code Section 544(b) permitted a trustee to step into the shoes of the Internal Revenue Service and employ the Federal Debt Collection Procedures Act to seek to avoid a transfer of disclaimed settlement proceeds.
The Legal Intelligencer | Commentary
By Sarah A. Eastburn | February 14, 2019
Of particular concern to tax practitioners has been the question: will gifts that a taxpayer makes after 2017 and before 2026 to take advantage of the extra exclusion amount effectively be subject to transfer tax a second time if the taxpayer dies after the exclusion amount reverts back?
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