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2/27/96 - Writer advises that in first full paragraph above, the Member Representatives will be employees of Corp. A and Corp. B. Advised that formation is non-reportable and that transfer of...

The formation of the LLC is not reportable. However, the intermediate step of client, through Newco sub, acquiring assets of target for an acquisition price of $15.2 MM is potentially reportable--...

2/23/96- Advised writer that since Company 1 alone held all the partnership interests of Partnership 2, the transfer of assets from Company 1 to Partnership 2 is non-reportable. Do not need an...

Called [redacted] 2/15/96, 2/20/96. This is exempt in the ordinary course of business. PS. RS concurs.

2/13/96- Advised writer that formation of Newco was non-reportable because no voting stock was being acquired as a result of its formation. RB Smith

2/13/96-Advised writer that, based on facts in attached letter, the formation of non-profit Newco is a non-reportable event.RB Smith

2/9- No! Escrow arrangement does not negate need for market price calculation pursuant to 801.10 and fair market value determination of the assets. RS concurs.

2/6/96 Advised writer that the integrated oil and gas company's taking of the production payment from the natural gas producer was clearly a 7A(c)(1) transaction. Its sale of an undivided percentage...