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Springleaf To Enjoy A "Basis Step-Up"
March 4, 2015
Springleaf Holdings, Inc. (LEAF) has agreed to purchase from CitiFinancial Credit Co. (CF) all of the shares of One Main Financial Holdings, Inc. (OM), a wholly-owned subsidiar...

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Recent Reports

Refund Claim Not Timely Filed
March 4, 2015
TP acquired a "Consolidated Filing Group", (CFG). TP converted CFG into an LLC on Date 2. TP filed amended returns for CFG for the calendar year 2 through 3...
Lack of "Risk Shifting" Prevents a Finding of "Insurance"
March 3, 2015
FW is a temporary personnel agency based in Houston, Texas. It purchased two insurance policies from AH, each covering both workers compensation and employers liabili...
Visteon Will Distribute The Proceeds From The Halla Sale
March 2, 2015
Late in 2014, Visteon Corporation signed an agreement to sell its approximately 70 percent stake in Halla Visteon Climate Control (HVCC) to multiple purchasers. Visteon expects...
Tax Sharing Agreement Created A Debtor/Creditor Relationship
March 2, 2015
Downey Financial Corporation (DFC) and its subsidiaries, including Downey Bank (DB), entered into a tax-sharing agreement, (TSA), which provided for the filing of consolidated...