https://www.thetaxadviser.com/issues/2025/sep/partnership-recapitalization-lender-admittance-without-liability-reduction/
Sep 30, 2025 - The consequences under Subchapter K and Sec. 1001 must be considered in a debt modification in which a lender takes an equity position in a debtor partnership...
liability reductionpartnershiprecapitalizationlenderadmittance