Business Law

Business Law News 2014, ISSUE 3

Troubled Waters: Navigating the Tax Issues of LLCs with Bridge Debt

William Skinner, Esq.1

William R. Skinner, Esq. is a tax associate with Fenwick & West LLP, in Mountain View, CA. He practices in the areas of international taxation, corporate/M&A tax, taxation of financial instruments and tax controversy. He has significant experience in international tax planning, tax controversies involving sophisticated international and domestic tax issues, and in the taxation of corporate transactions, such as mergers, acquisitions, financings, debt and equity offerings, and entity formations.


It is an all-too-common occurrence in the venture capital community to extend bridge loans to portfolio companies in order to help them to reach the next round of equity financing or attempt a sale. Often these loans are convertible into equity at the holder’s election or automatically upon the next preferred stock financing that meets a defined set of criteria. Sometimes these loans are secured by the assets of the borrower.

Join CLA to access this page

Join Now

Forgot Password

Enter the email associated with you account. You will then receive a link in your inbox to reset your password.

Personal Information

Select Section(s)

CLA Membership is $99 and includes one section. Additional sections are $99 each.