A small issue bond is one type of conduit bond, referred to as a private activity bond, which provides a loan to a nongovernmental third-party borrower for use in developing projects that benefit the public...
Title insurance and surveys are critical for safeguarding the interests of buyers, lenders, and property owners by mitigating legal risks and addressing boundary-related issues. Read this practice note...
In the high-stakes arena of M&A transactions, public announcements clauses serve as essential gatekeepers for information flow, ensuring coordinated messaging while maintaining regulatory compliance...
This practice note discusses FDA clinical hold orders issued to IND sponsors and covers grounds for issuing a clinical hold order, how the FDA issues an order, and how a sponsor should respond to a clinical...
Explore with renowned workers’ compensation jurist Robert G. Rassp how artificial intelligence (AI) fits in the context of medicine and law and whether a legitimate role, if any, exists for the use...
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A split-up transaction is a type of spin-off transaction that occurs when shareholders of a business want to part ways. The split-up may occur because shareholders want to take the business in different directions or they just may no longer want to work together. In a split-up, the parent corporation D dissolves and liquidates, distributing stock of one controlled corporate subsidiary to one or more shareholders and stock of another controlled corporate subsidiary to other shareholders, in both cases in redemption of D stock. Split-ups are often achieved through the use of one or more ''divisive D reorganizations'' under I.R.C. § 368(a)(1)(D).
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