TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Wednesday, May 29, 2013

Acquisition of the Law Professor Blogs Network

Law Professor Blogs LLC

May 24, 2013

Law Professor Blogs LLC announces today that co-founder Paul L. Caron has purchased the 50% interest of co-founder Joseph A. Hodnicki and now owns 100% of the company.

Paul Caron:  "I will always be grateful to Joe for partnering with me nine years ago to launch TaxProf Blog and shortly thereafter the Law Professor Blogs Network. TaxProf Blog and the Law Professor Blogs Network would not exist today had Joe not partnered with me in their conception, design, and operation. I am delighted that Joe will continue to serve as the Co-Editor of Law Librarian Blog, one of the most influential law librarian blogs in the country."

Joe Hodnicki:  "When Paul and I first ventured into this web publishing space we had no idea where it might take us. It certainly has been an interesting experience for both of us as we worked to develop the Law Professor Blogs Network. The legal blogosphere has matured over the years. It is now recognized as an acceptable communications medium for law professors, something it was not when we launched the Network. While I must scale back my involvement in the Network’s affairs, by selling my interest to Paul I am confident the blogs we have published will continue to be some of the best law-related blogosphere destinations for news, analysis and commentary on the topics they address. I look forward to forthcoming Network developments under Paul’s leadership."

Law Professor Blogs LLC is the nation's only network of legal blogs edited primarily by law professors. Law Professor Blogs LLC owns and operates over 40 legal blogs, edited by over 100 law professors, law librarians and practitioners. Editors include leading scholars and educators who are committed to providing the web destination for law professors, practitioners, government and nonprofit lawyers, legal information professionals and students in their respective fields.

Contact:

Paul Caron
Joe Hodnicki

http://taxprof.typepad.com/taxprof_blog/2013/05/acquisition-of-the.html

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Comments

Partnership termination! Sole proprietorship/ LLC subject to California's gross receipts tax. 197 amortisation on 50% of goodwill? Closing the books or prorate? If I'm one of your students I would study all these issues before finals.

Posted by: yo Gabbatpour Gabbatpour | May 29, 2013 11:55:01 PM

Gabba's got it right. As I always warn my Partnership Tax students, if I'm involved in any significant transaction during the term, they can be fairly confident that it's going to be the subject of the final exam, at least tangentially. (Congratulations, by the way, Paul, and keep up the good work.)

Posted by: Rob Morrow | May 30, 2013 10:31:16 AM