Kelley Drye Partner and Chair of the Tax Practice Jack Miles has published this Practice Note with Practical Law. The Note addresses federal tax issues arising in connection with distressed debt transactions. It also discusses the tax ramifications that an investor should consider when making a distressed debt acquisition at both the debt holder level and the debtor level.

Read the full article here.

Tax Issues for Holders and Issuers Arising in Connection with Distressed Debt Transactions