Ivan Mitev and Matthew Kaden of Boies, Schiller & Flexner on partnership and limited liability company agreement drafting and Treasury Regulation 1.704(b) provisions impacting agreement language

On this edition, Ivan Mitev and Matt Kaden of Boies Schiller & Flexner discuss Treasury Regulation 704(b) provisions affecting partnership and LLC agreements. They analyze agreement drafting in the context of efforts to secure safe harbor positions with respect to the allocation of income, gains, deductions, and losses. Copyright© 2010 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.

RELATED LINKS: Lexis users can access the complete work on partnership and LLC agreements, authored by Ivan Mitev and Matt Kaden:

• Drafting Partnership and LLC Agreements: Tax Boilerplate, Allocation, and Liquidation Provisions