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Tax Traps for Bankruptcy Attorneys
This panel focuses on material tax issues that every bankruptcy attorney should know that can impact both estate administration and bankruptcy plans. The panelists highlight issues that should be considered when a company is considering filing for bankruptcy or is in bankruptcy, such as tax attribute planning and preservation, management of COD income in connection with liability management transactions, “significant modification” of debt and how to minimize consequences, the considerations if the debtor is a partnership or a corporation, associated state tax issues, and key tax return compliance implications.
Issues Impacting Unsecured Creditors in Crypto Bankruptcies
This panel will discuss the following issues regarding crypto, distinguishing customer property from property of the estate, understanding crypto valuation issues, distribution options in crypto cases, M&A risks and pitfalls, effectively using social media to communicate with a large customer base, juggling cash and crypto management, and debtor-on-debtor violence.
When a Business Owner Files Chapter 7
This session will discuss issues with debtors who own or have fractional interests in LLCs, corporations or partnerships, or who are self-employed. The panelists will cover how to determine what constitutes property of the estate; valuing a debtor’s interest in an LLC, corporation or partnership; and administering a debtor's fractional interests.
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