Tax Issues Facing BDC Creditors of Distressed Companies

In this video, Dechert tax partner Jeffrey S. Sion examines various tax issues impacting BDC creditors of distressed companies, including concerns facing RICs holding distressed securities as well as information on when BDCs as holders of distressed debt should stop accruing interest, issues pertaining to the receipt of cash income while in default, the differences between taxable and non-taxable restructurings, issues facing BDCs as majority shareholders of restructured entities, and concerns when dealing with junior debt, securities or equity.

Видео Tax Issues Facing BDC Creditors of Distressed Companies канала Dechert LLP