by Daniel M. Press and Brett Weiss
The intersection of bankruptcy
and taxation is, in many respects, a complicated area of the law, and entire
treatises can and have been written about it. This article does not attempt to
provide a complete survey of this area of the law, but only to...
In bankruptcy cases involving
businesses, a key consideration is often what happens to certain tax
attributes, such as net operating losses, when the debtor business presumably
re-emerges from the bankruptcy proceeding.
In addition to the Bankruptcy
Code and the Internal Revenue Code...