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Yes. It is Possible to Avoid Tax Penalty Claims in Bankruptcy

By Fox Rothschild LLP on August 5, 2016
Posted in Opinions

On August 2, 2016, Judge Brendan L. Shannon of the Delaware Bankruptcy Court issued an opinion (the “Opinion”) in the Refco Public Commodity Pool, L.P. bankruptcy, Case No. 14-11216.  A copy of the Opinion is available here.  The Opinion holds that this Debtor’s failure to file its taxes was due to reasonable cause, and the…

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