Making a case for why reading M&A documents is important

Clubs and Organizations

August 4, 2017

One of the most important things lawyers and clients should do in every merger and acquisition transaction is to read the documents, and be clear on the central facts of their transaction. This seems so profoundly simple and obvious it seems that it would not need to be repeated. But a recent United States Tax Court case highlights the implications of not doing so. In Makric Enterprises, Inc. v. Commissioner, TC