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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 ...
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Samuel Lee Kountz Jr. (October 30, 1930 – December 23, 1981) was an African-American kidney transplantation surgeon from Lexa, Arkansas.He was most distinguished for his pioneering work in the field of kidney transplantations, and in research, discoveries, and inventions in Renal Science.
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Morris David Verger (March 25, 1915-July 11, 1999) was an architect from Los Angeles, California.He was named a Fellow of the American Institute of Architects and was president of the Southern California chapter of the American Institute of Architects in 1975 and of the group’s California council in 1980.
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 ...
Its critical and commercial success prompted Morris to leave teaching and work full-time as an independent writer. In 2010, Morris published Pulitzer: A Life in Politics, Print, and Power . [ 4 ] The Wall Street Journal deemed was one of the five best books on American moguls and one of the five best books on American newspaper publishers [ 5 ...