Tax-Free Corporate Acquisitions - The Law and the Proposed Regulations

Authors

Robert L. Merritt, Member, New York and Ohio Bars

Abstract

The quest for interpretation is indeed an ancient one. Our life path is pervaded by a search for meanings.

It has been said of the law that it is sometimes better to have a bad rule than to have no rule. I suppose the rationale is that unsatisfactory certainties at least permit action, and are susceptible to a change for the better, the very badness of the rule serving to accelerate the equitable resolution. Being neither philosopher nor historian, I do not know whether that patience which awaits ultimate improvement is always a virtue.

Recommended Citation

Robert L. Merritt, Tax-Free Corporate Acquisitions - The Law and the Proposed Regulations, 53 Mich. L. Rev. 911 (1955).
Available at: https://repository.law.umich.edu/mlr/vol53/iss7/2