The QSP-SFVS exception addressing the solely-for-voting-stock requirement was adopted to effectuate
congressional intent to deny deemed asset-sale treatment for transactions within an acquiring corporation's affiliated group following a QSP, if a Sec.
legislative intent, the regulations should provide that, in determining whether a taxpayer is entitled to relief under the reasonable cause exception, due weight shall be accorded to the complexity of the rules with which the taxpayer must grapple, as well as to the operational constraints under which taxpayers -- striving in good faith to comply with the tax laws -- must operate.
The Company is undertaking the actions necessary to effectuate
this change, which will be completed as soon as possible.
The tax law does contain provisions that will relate debt incurred in connection with purchase of a property to that property, even though it was not directly used to effectuate
Therefore, servicers who achieve top ratings from Fitch are expected to have the operational, legal and financial resources to respond effectively to such scrutiny, and to potentially effectuate
any remedies required by regulators, without undue impact on servicing quality.
Reorganization expenses or expenses incurred to effectuate
a corporate restructuring, even if not technically under the guise of Sec.
Since the Durst Organization does not usually manage buildings that they do not own, it was then necessary since we could not effectuate
the purchase, to adhere to this policy, and terminate the management agreement," said the spokesman.
NEW YORK -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today announced that in order to remain in compliance with the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, requiring a majority of the Directors of the Company be "disinterested" and to effectuate
certain additions to the Board, Paul Creditor and Lee Forlenza, resigned from the Board effective as of December 22, 2005.
Bankruptcy Code and a prepackaged Plan of Reorganization (the "Plan") on August 19, 2005 to effectuate
the sale of their assets to an affiliate of Mauser-Werke GmbH & Co.
He or she must be able to act and react and effectuate
the changes needed at a moments' notice.
the proposed amendment, Di Giorgio must receive valid consents from holders of a majority in aggregate principal amount of the outstanding Notes prior to the Expiration Date.
Such risks and uncertainties include, but are not limited to, the Company's ability to effectuate
the resignation of Mr.