Â鶹´«Ã½

2/23/96- Advised writer that since Company 1 alone held all the partnership interests of Partnership 2, the transfer of assets from Company 1 to Partnership 2 is non-reportable. Do not need an...

Called [redacted] 2/15/96, 2/20/96. This is exempt in the ordinary course of business. PS. RS concurs.

2/13/96- Advised writer that formation of Newco was non-reportable because no voting stock was being acquired as a result of its formation. RB Smith

2/13/96-Advised writer that, based on facts in attached letter, the formation of non-profit Newco is a non-reportable event.RB Smith

2/9- No! Escrow arrangement does not negate need for market price calculation pursuant to 801.10 and fair market value determination of the assets. RS concurs.

2/6/96 Advised writer that the integrated oil and gas company's taking of the production payment from the natural gas producer was clearly a 7A(c)(1) transaction. Its sale of an undivided percentage...