Creative Succession Planning for Managing and Owning the Family Business
Edward D. Tarlow of Tarlow, Breed, Hart & Rodgers, P.C.
Owners of closely-held businesses require guidance from their business advisors to ensure continuity of management and ownership in succeeding generations during the life cycle of the business.
IRS Monkey Wrench for Closely Held Corporation Voting Stock Held by Family Limited Partnership
Levun, Goodman & Cohen, LLP
As discussed in prior Partner's Perspectives, the family limited partnership or family limited liability company ("FLP") is an estate planning staple.
IRS Regulations Clarify Open Issues on Golden Parachutes
Denny F. Wong of Graham and Dunn
The IRS' golden parachute payment rules can result in severe adverse tax consequences to both corporations that make, and an executive who receives, parachute payments. This article discusses the final golden parachute payment regulations published by the Internal Revenue Service in August of 2003.
Federal Trade Commission Formal Interpretation of Subordinated Exchangeable Debentures under the Pre-merger Notification Rules
Federal Trade Commission
Federal Trade Commission Formal Interpretation Number 12 which discusses whether subordinated exchangeable debentures are voting securities under Hart-Scott-Rodino Antitrust Improvements Act.
Japan's Bio-Tech Venture: Tsunami or just a bubble?
Andrew H. Thorson of Dorsey & Whitney LLP
In the wake of an anemic economy and a short-lived boom in e-commerce before the collapse of the global Internet bubble, Japan's national and local governments struggle to retrofit the economy for the 21st century. While closing companies outpace the number of new companies, national and local governments are taking steps to encourage entrepreneurs to develop new businesses. There are hopes that "bio-tech" or "BT" can help to revitalize the Japanese economy.
Third Circuit Rules on "Control Share" Voting Disqualification Under PA Statute
Cadwalader, Wickersham & Taft LLP
The United States Court of Appeals for the Third Circuit recently ruled on the voting disqualification of "control .
Issues in Acquisitions of Defense Industry Contractors
James D. Rosener of Pepper Hamilton LLP
This article discusses some of the pertinent issues involved in takeovers of defense industry contractors.
The American Paradise: Using A Tax-Free U.S. Virgin Islands Exempt Company For FAA Registration Of Foreign-Owned Aircraft
William L. Blum of Solomon Blum Heymann & Stich LLP
Practitioners often focus on the voting trust when they create an ownership structure for a foreign client who is.