The text of the UVTA and and other useful information about it may be found here. All opinions, errors and omissions are strictly my own. If the transaction is voidable, then the next step is to ...

Would you be surprised to learn that most shareholders of closely held corporations, and especially those with minority or merely passive interests, believe they cannot be held responsible for the tax ...

In situations where a bankruptcy court avoids a fraudulent transfer or similar transaction, subsequent transferees who received proceeds of the avoided transaction from the initial transferee can ...

In a recent Tax Court case, the court addressed the concept of pre-notice interest in the transferee liability context. In a prior opinion, the Tax Court held that the petitioner was a “transferee” of ...

The Tax Court held that three trusts that sold shares of stock in a corporation were not liable as transferees for the corporation’s unpaid federal income tax liability incurred before its dissolution ...

The Ninth Circuit vacated and remanded a Tax Court decision that held that shareholders were not liable as transferees under Sec. 6901 for tax liabilities arising from a sale of all company assets ...

the shopping centre’s decision, no staff were transferred. The question for the tribunal was whether, in these circumstances, there was a transfer of an undertaking. The employment tribunal held that ...

Under some circumstances, sellers of stock of a corporation may be liable as transferees for corporate obligations arising before or in connection with the closing. In 'Dillon Trust Co. v. United ...

NEW DELHI: The Supreme Court on Tuesday held that a company does not die upon amalgamation with a transferee company which can be fastened with the income tax liabilities of the amalgamated firm ...

The claimants were employed by a facilities management company performing a housing maintenance contract for Leeds City Council. Following a retendering exercise, new contracts were awarded to a ...