Title
Microsoft Word - Murray April 6
By
HallmanA
Description
NO TRANSFER-TAX EXEMPTION FOR PRECONFIRMATION TRANSFERS OF ASSETS IN CHAPTER 11 BANKRUPTCIES THE SUPREME COURT RULES IN PICCADILLY∗ John C. Murray∗∗ Editors Synopsis: This Article discusses the issue of whether Bankruptcy Code Section 1146(a) applies to exempt a bankrupt debtor’s preconfirmation transfers from stamp and other transfer taxes, outlining the various Circuit Court decisions that led to the recent holding in Florida Department of Revenue v. Piccadilly Cafeterias, Inc. The Article then...

Advertisement