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Simple English definitions for legal terms

D reorganization

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A quick definition of D reorganization:

D reorganization is a type of financial restructuring that involves a corporation transferring some or all of its assets to another corporation that is controlled by the transferor or its shareholders. Then, the stock of the transferee corporation is distributed. This type of reorganization is classified under the Internal Revenue Code and is used to improve a corporation's tax treatment.

A more thorough explanation:

Definition: D reorganization is a type of corporate restructuring that involves transferring some or all of a corporation's assets to another corporation that is controlled by the transferor or its shareholders, and then distributing the stock of the transferee corporation. This type of reorganization is classified under the Internal Revenue Code as a D reorganization.

Examples:

  • A corporation transfers its assets to a newly formed subsidiary corporation that is wholly owned by the parent corporation. The parent corporation then distributes the stock of the subsidiary to its shareholders. This is an example of a D reorganization.
  • Another example of a D reorganization is when a corporation transfers its assets to an existing corporation that is already controlled by the transferor or its shareholders. The stock of the transferee corporation is then distributed to the shareholders of the transferor corporation.

These examples illustrate how a D reorganization involves transferring assets to another corporation that is controlled by the transferor or its shareholders, and then distributing the stock of the transferee corporation. This type of reorganization can have tax benefits for the corporation and its shareholders, as it may improve their tax treatment under the Internal Revenue Code.

dreit dreit | drift of the forest

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OvertReconditeSpider
18:20
If that person doesnt have 10k however, could be outta luck
yeah i think it comes down to literally not having 10k to blow
OvertReconditeSpider
18:20
Oof
OvertReconditeSpider
18:20
Skill issue
OvertReconditeSpider
18:21
Jk even if i had it. I wouldnt spend 10k just to get out of a lease to switch schools
MightyUnableSphinx
18:29
@menherachan: You should say that to GULC
MightyUnableSphinx
18:30
I mean fuck it right. Like, maybe they can help somehow. Probably they can't but if the alternative is "i dont go to gulc" who cares
MightyUnableSphinx
18:30
Idk I doubt they can give you 10k cash, lmao, but who knows!
Others will disagree, but max out a credit card if you have to do so.
It's 10K. Not 100K.
OvertReconditeSpider
19:29
10K at 21.51% interest. Lol
19:47
Yeah I would definitely disagree. Without family help when could they realistically pay that off?
20:18
If someone can live below the student budget at GULC loans could cover an extra $10K, but Grad PLUS loans still amount to $2 in repayment for every $1 borrowed on a 10-year plan at current interest rates. Not a choice to make lightly.
OvertReconditeSpider
20:19
^
OvertReconditeSpider
20:19
The rates on the stafford loans are garbage too
manifestmoreadmissions
21:59
yeah its not the worst decision and im sure you could find solutions to any problems it might create but idk if it's like a no-brainer
MightyUnableSphinx
0:11
Apply for new credit card w/ 12 month 0% APR intro offer -> Max out card to 10k to get out of lease -> Go to GULC
MightyUnableSphinx
0:11
You now have 12mths to pay back 10k with no interest
MightyUnableSphinx
0:14
If you have decent credit history/credit score i bet the starting balance will be like 15-25k
MightyUnableSphinx
0:14
im actually cooking right now wtf this advice is so good. do not blow up your plan in life because of a fkn lease agreement
1:39
Excuse me everyone. Sorry. I'm planning to take lsat but I see so many different types of textbooks and categories on the market, which books should I start with for a rookie like me? Thanks a lot!
loophole
for LR
1:42
Sincere thanks, with my respect :)
power score bible for logic games
@Coolperson49494: yeah but i physically cant get 10k in less than a month :(
it would take me like 6 months to get 10k
i agree that gulc is worth it for me, but i just do not have the means of upending all my plans and moving to dc
@MightyUnableSphinx: i cant pay back 10k with no job, and i'm already 5k in debt. i just do not have the means to attend gulc 😭😭
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