Final Section 1504(a)(5) Regulation - Effect of Subsidiary's Options, Warrants, and Convertible Debentures on Subsidiary's Affiliated Group Membership

Jack S. Levin, Patrick C. Gallagher, and William R. Welke analyze and critique the final regulation under section 1504(a)(5), which determines when options, warrants, convertible debentures, and similar rights on the stock of a subsidiary will be considered exercised in determining whether the subsidiary is part of an affiliated group. This article is in PDF format which requires Acrobat Reader.