Watts v. Commissioner

Sternhagen,

concurring: I agree that this was not a statutory

Decisions will be entered under Rule 50. reorganization, but I would place less emphasis upon to dissolve the Ferro Corporation. In other words, I should say that in a case which was otherwise within part (A) of the definition, there might be a statutory reorganization despite the continued legal existence of the corporations involved.

Leech and Adams agree with the above.