An article written by Buchanan Ingersoll & Rooney shareholder Richard A. Morgan was published in the Winter 2013 edition of the Real Estate Finance Journal, a Westlaw publication.

In "The Hidden Tax Trap Associated with Cancellation of Debt," Morgan discusses the effects of cancellation of debt income resulting from loan workouts upon guarantors of single purpose limited liability companies holding title to collateral real property.

Read the full article – "The Hidden Tax Trap Associated with Cancellation of Debt"