On December 2, 2024, the Department of Treasury published final regulations (Final Regulations) governing the allocation of recourse liabilities of a partnership among its partners under Section 752 ...

A primary benefit of the no-recourse structure is that the private equity sponsor can distribute sale proceeds to its ...

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The allocation of a partnership’s liabilities can have important tax consequences. A partner’s tax basis in his partnership interest includes his share of the partnership’s liabilities. A partner’s ...

The Federal Reserve's most recent Financial Stability Report addressed what many industry watchers had been convinced of for some time: the commercial real estate sector is in a precarious state. The ...

Generally, all income-producing properties, excluding unimproved land, are considered commercial real estate (CRE). The two financing options for CRE are recourse and nonrecourse loans. There are ...

Guaranteed obligations are borrowers' affirmative and negative covenants, which, if breached, trigger liability Guaranties can be limited in time and amount and can secure loan payment, performance, ...

The allocation of a partnership's liabilities is often important, because a partner's share of a partnership's liabilities is included in the tax basis of his partnership interest, and a partner's tax ...