Lorne McDougall

Troutman Pepper Locke

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Tax and Non-Tax Reasons to be Cautious about “Bad Boy Nonrecourse Carve-out Guarantees” - IRS Backtracks on Recent Conclusion that...

On April 15, 2016 the IRS reversed its controversial position that bad boy guarantees may convert nonrecourse debt into recourse debt. General Legal Advice Memorandum Number AM2016-001 released April 15, 2016 effectively...more

4/29/2016 / Bad Boy Liability , Carve Out Provisions , Guarantors , IRS , New Guidance , Non-Recourse Loans

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Lorne McDougall

Troutman Pepper Locke

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Latest Posts › New Guidance

Tax and Non-Tax Reasons to be Cautious about “Bad Boy Nonrecourse Carve-out Guarantees” - IRS Backtracks on Recent Conclusion that...

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