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Altaba's Liability Reserves
May 29, 2020
In Altaba's"Petition for Determination," recently filed with the Delaware Chancery Court, in which the companyenumerates the various actual and contin...

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Recent Reports

TUP Seeks To Retire Notes At A Steep Discount To Their Principal Amount
May 29, 2020
Tupperware Brands Corporation, ("TUP"), recently announced the commencement of an offer, (the "Tender Offer"), to purchase, for cash, up to $175 million agg...
Litigation Support Agreements Did Not Give Rise To Loans
May 29, 2020
Petitioner, ("P"), practiced law in Chicago with a focus on class action litigation. He executed "litigation support agreements." Under these agreements, th...
Electricity Is Tangible Personal Property
May 29, 2020
Taxpayer, ("TP"), owns and operates electric vehicle charging stations. Customers pay for charging time, plus a $1.00 session fee. Additional charges are applied ...
Accelerating a Sec. 481 Adjustment
May 29, 2020
PRS, a partnership, commenced business in 1965 and established two separate businesses, a "P" business and a "T" business. &...