Settlement is taxable to Client. Attorney has Employer write two checks, one to Attorney for $100,000 as fees, and one to Client in the amount of $200,000. Employer files an informational report as to Attorney for $100,000. Employer files an information return with respect to Client for $300,000.
Publisher's description. PIPESIM software is a steady-state, multiphase flow simulator for the design and diagnostic analysis of oil and gas production systems.PIPESIM software tools model multiphase flow from the reservoir to the wellhead.PIPESIM software also analyzes flowline and surface facility performance to generate comprehensive production system analysis.IPESIM software tools model multiphase flow from the reservoir to the wellhead. PIPESIM software also analyzes flowline and surface facility performance to generate comprehensive production system analysis.
OPERATION. The ESIM (Evaporative System Integrity Monitor) is very similar to the earlier NVLD (Natural Vacuum Leak Detection) system. However, the design of the ESIM has been simplified and unlike the NVLD the ESIM does not require a solenoid.