0103002 Informal Interpretation
… one additional wrinkle. That is, a half-owner of an LLC was buying out the other half-owner, and therefore was buying assets only in the sense that the PNO deemed him to be buying all of the assets of the LLC. My contention is that …
Date
Our present position is (1) value is fair market value of all assets of the LLC without regard to liabilities. (2) If able to determine the amount of the future royalties they must be at face value...
File
Original Image File
(55.83 KB)