Plan of Complete Liquidation and Dissolution (DE Corporation; Wholly Owned Subsidiary) | Practical Law

Plan of Complete Liquidation and Dissolution (DE Corporation; Wholly Owned Subsidiary) | Practical Law

A plan of liquidation and dissolution that can be used for the dissolution of a Delaware corporation wholly owned by a US parent corporation when the parties intend to qualify the dissolution as a tax-free liquidation under Sections 332 and 337 of the Internal Revenue Code. This Standard Document has integrated notes with important explanations.

Plan of Complete Liquidation and Dissolution (DE Corporation; Wholly Owned Subsidiary)

Practical Law Standard Document 0-522-0271 (Approx. 12 pages)

Plan of Complete Liquidation and Dissolution (DE Corporation; Wholly Owned Subsidiary)

by Practical Law Corporate & Securities
MaintainedDelaware, USA (National/Federal)
A plan of liquidation and dissolution that can be used for the dissolution of a Delaware corporation wholly owned by a US parent corporation when the parties intend to qualify the dissolution as a tax-free liquidation under Sections 332 and 337 of the Internal Revenue Code. This Standard Document has integrated notes with important explanations.