Tag: IDT Corporation

Outside Counsel Solutions advises IDT Corporation on the Spin-Off of CTM Media Holdings Inc

Outside Counsel Solutions advised IDT Corporation on the pro rata tax-free spin-off of the common stock of CTM Media Holdings, Inc. to IDT’s stockholders. IDT Corporation is a consumer-focused company operating primarily in the telecommunications and energy industries. IDT Corporation’s Class B common stock and common stock trade on the New York...

Outside Counsel Solutions Takes the Lead for AMSO – Oil Shale Making Headlines

Outside Counsel Solutions LLP attorneys represented client, IDT Corporation in its recently announced agreement to sell a 50% interest in IDT’s American Shale Oil Company (AMSO) subsidiary to an affiliate of French oil giant, Total. AMSO holds a Research, Development and Demonstration lease from the Bureau of Land Management in Western Colorado, an...