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A Reverse Morris Trust is used when a parent company has a subsidiary (sub-company) that it wants to sell in a tax-efficient manner. The parent company completes a spin-off of a subsidiary to the parent company's shareholders. Under Internal Revenue Code section 355, this could be tax-free if certain criteria are met. The former subsidiary (now ...
The company was formed by Verizon in 2009 to facilitate the planned sale of some local subsidiaries to Frontier, which was completed on July 1, 2010. The company was set up to allow for a Reverse Morris Trust merger, allowing Verizon to spin off the company to Frontier tax-free. Its primary purpose was to transfer Frontier ILEC Holdings as well ...
That’s a key benchmark for Reverse Morris Trust tax reasons. It means that Warner Bros. Discovery can do another significant deal two years after the close of the previous merger.
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Pamela Morris, Luis Aragon, Renato Sarmiento Jr., Victor Jose Vergel de Dios, Nicoline Amoranto Mendoza, Jose Tengco III, Oudine Santos and Herley Jesuitas. [ 69 ] In March 2008, Val Southwick of Ogden, Utah , pleaded guilty to operating an elaborate real estate investing Ponzi scheme, believed to be the largest in Utah's history, with losses ...
Errol Mark Morris (born February 5, 1948) is an American film director known for documentaries that interrogate the epistemology of their subjects, and the invention of the Interrotron. In 2003, his The Fog of War: Eleven Lessons from the Life of Robert S. McNamara won the Academy Award for Best Documentary Feature . [ 1 ]
Deep Family Secrets is a 1997 American drama television film directed by Arthur Allan Seidelman, [2] that first aired on April 15, 1997 on the CBS television network.. The film is based on the true story of Gaylynn Earl Morris, who was convicted in 1992 of the murder of his wife, Ruby Morris, after Ruby disappeared in 1989.
Mittie I. Morris was born in 1874 in Missouri. [1] [2] In 1922, she moved to California. In 1924, she founded the Faith Home Rescue Mission. She was known as "Mother Morris" on Skid Row, Los Angeles. [2] She died on July 11, 1953, aged 78, at her home. She was buried at the Valhalla Memorial Park Cemetery in North Hollywood. [2]