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I concur Patrick Sharpe. Called (redacted) 8-22-86 Andy concurs. Upon later review, the letter appears to ignore the PMN position that any direct assumption of liabilities bargained for between the...

See Page 3 for Graphic Illustration

This transaction (or transactions) exempt under 802.20 Called (redacted) 8-26-86

[W]hat (redacted) collects in excess of receivables less reserve for bad debt will be for (redacted) account. (Redacted) has to guarantee the receivables. It sounds to me like (redacted) is acquiring...

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Limited to the specific facts of this matter the above is correct. Wayne Kaplan 7/21/86

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1. No - Only revenues for sales of those subs. out of establishments in the U.S. 2. No- 3. Sales of U.S. establishment are as a wholesaler Probably no difference where involved 4. Non-Mfg. 5. Co. must...

Company A acquisition exempt under 802.50. Development company exempt under 802.52.

What (redacted) collects in excess of receivable less reserve for bad debt will be for (redacted) account. (redacted) has agreed to guarantee the receivables. It sounds to me like (redacted) is...