Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
My Brokerage account shows 0.05 per. Doesn't show on Yahoo?
"That's why they can wait a certain time to do all the calculations..."
Maybe I'm missing something, but wouldn't the time for calculations be BEFORE they acquire said company?
"Mr. Cooper will file by amendment to this Form 8-K the pro forma financial information required by this Item 9.01(b) no later than 71 calendar days after the date this Form 8-K was required to be filed."
How common is it for a Company to file an 8-K and keep the information 'secret' for such a long time?
Question posed to Perplexity AI:
Is there a limit on "COD INCOME EXEMPTION" for a Business trying to emerge from a Ch 11 bankruptcy proceeding?
Answer
Based on the search results and the context of your question, I can provide some information about the COD (Cancellation of Debt) income exemption for a business emerging from Chapter 11 bankruptcy:
For a business in Chapter 11 bankruptcy, there is generally no limit on the amount of COD income that can be excluded from taxable income. The bankruptcy exclusion takes precedence over other COD income exclusions and applies to the full amount of debt discharged in the bankruptcy proceeding13.
Key points regarding the bankruptcy exclusion for COD income:
Bankruptcy exclusion priority: The bankruptcy exclusion rules govern, even if other exceptions would have applied. This is important because the required reduction of tax attributes differs depending on which COD income exclusion applies3.
Court approval requirement: The debt discharge must be granted by a court order or in a court-approved plan to qualify for the bankruptcy exclusion3.
Corporate-level application: For C corporations, the bankruptcy exclusion is applied at the corporate level, and tax attributes are reduced at the corporate level. There is no direct, immediate impact on the shareholders2.
Tax attribute reduction: While the COD income is excluded from taxable income, the trade-off is that the business must reduce certain tax attributes. This reduction occurs after calculating the tax liability for the current year and generally follows a specific order:
Net Operating Losses (NOLs)
General business credits
Minimum tax credits
Capital loss carryovers
Basis reduction
Passive activity loss and credit carryovers
Foreign tax credits23
Special rules for NOLs: In some cases, a company emerging from bankruptcy may be able to use its pre-change NOLs in full, unrestricted by the usual Section 382 limitations, if certain conditions are met3.
It's important to note that while there is no specific limit on the amount of COD income that can be excluded in bankruptcy, the business will effectively "pay" for this exclusion through the reduction of valuable tax attributes. This mechanism essentially defers the tax impact of the COD income to future years rather than eliminating it entirely.
Given the complexity of these rules and their significant impact on a business's future tax position, it is crucial for companies emerging from Chapter 11 bankruptcy to work closely with tax professionals to navigate the COD income exclusion and tax attribute reduction process effectively.
"these nattering neebobs of doubt "
Look in the mirror, you will see the biggest one....
" At the moment......"
From the other Board:
https://ibb.co/LJNFHvY
https://i.ibb.co/D8rJTLz/4136-Snippit.png
"I guess, we will see today if the share price reaches $87.88 and or lower."
87.70 -3.36 (-3.69%)
Pre-Market: 08:40AM EDT
88.49 -2.57 (-2.82%)
Pre-Market: 08:30AM EDT
I don't think Sheila knew either.....
Thank you for the reply.
"100k stop loss order?"
How can you tell what kind of order it was?
TIA
It was my impression, she was talking to one lawyer, not everybody.
Where did you get that idea from?
https://ibb.co/LJNFHvY
https://i.ibb.co/D8rJTLz/4136-Snippit.png
Good advice...." I say F.O. and quit posting"
Treasury stock
https://en.wikipedia.org/wiki/Treasury_stock
A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings).
More in link.
1,194,340,178 released.
"upon termination of said Receiver, anticipated within the next 60 days...."
What makes you think that?
EY seeks adjournment of NMC negligence trial
https://globalrestructuringreview.com/article/ey-seeks-adjourn-multi-billion-dollar-nmc-negligence-trial?utm_source=J%2526J%25E2%2580%2599s%2Bthird%2Bbankruptcy%2Bto%2Bstay%2Bin%2BTexas&utm_medium=email&utm_campaign=GRR%2BAlerts
The former auditors of UAE-based healthcare provider NMC are trying to delay the trial of a US$2.7 billion negligence claim brought against them by the group’s administrators, claiming “serious and ongoing” disclosure delays have prejudiced their ability to stick to the procedural timetable.
" The audits are consistent with and meet requirements for uplisting to senior exchanges."
The 'paperwork' might be up to snuff, but isn't there a large problem with the share price being where it needs to be?
https://duckduckgo.com/?q=What+is+the+minimum+share+price+needed+to+be+listed+on+a+major+Stock+Exchange%3F&atb=v448-5&ia=web
Listing Requirements for the NASDAQ -$4
NYSE - $1
"" all, all, all, all,, common and preferred shares are cancelled, extinguished, and ALL, ALL, ALL,ALL rights to dividends from the former company are NULL, NULL,NULL AND VOID, VOID, VOID!!!!!!!!!! get the picture?"
lodas, WHY do ALWAYS LEAVE OUT THIS PART?: They were RECLASSIFIED AS... EQUITY INTERESTS.
In your opinion, what is the meaning of 'equity interests' ?
Case # 08-13555
Docket updates for Thursday, October 03 2024.
Docket # 61695
Filed Oct 03 2024
Statement / Amended Notice Regarding Certain UK Litigation filed by Garrett A. Fail on behalf of Lehman Brothers Holdings Inc.. (Fail, Garrett)
Debtor 08-13555 Lehman Brothers Holdings Inc.
View on Website
https://dm.epiq11.com/case/lbh/dockets/61695?debtorId=1906
". classes 19 are impaired from future recovery, and have been cancelled, EXTINGUISHED, AND ALL RIGHTS UNDER PREVIOUS PROSPECTUS ARE NULL AND VOID....."
lodas, Why do you ALWAYS leave out this IMPORTANT PART, they BECAME "EQUITY INTERESTS". Along with the 'cancelled' Commons.
"Close to extinction is not better"
I see your point, but has anyone drilled down to what it would actually need to be?
And there is the possibility of further growth, is there not?
imo, That is because he wants the World to know what he says.
"but all common shares will be heavily diluted."
Isn't heavily diluted still better than what they are worth now?
Not sure why he would mention a competitor to HIS platform????
Not sure why he would mention a competitor to HIS platform????
More Dockets:
4137 09/27/2024LETTER MOTION for Leave to File individualized supplemental memoranda of law in support of summary judgment (filed on behalf of JPMorgan, Credit Suisse, NatWest, and Norinchukin) addressed to Judge Naomi Reice Buchwald from Alan C. Turner dated September 27, 2024. Document filed by JPMorgan Chase & Co.
09/27/2024Set/Reset Deadlines: Responses due by 12/6/2024 Replies due by 2/4/2025. (Text entry; no document attached.)
4136 09/27/2024ORDER granting [4132] Letter Motion for Extension of Time. Application granted. So ordered. (Motions due by 10/18/2024.) (Signed by Judge Naomi Reice Buchwald on 9/27/24)
4135 09/27/2024ORDER granting [4134] Letter Motion for Leave to File Excess Pages. Application granted. So ordered. (Signed by Judge Naomi Reice Buchwald on 9/27/24)
"yo BoBo?..... "
lodas , Didn't YOU just DEMONIZE those who don't use YOUR stated nickname?
SO, WHY DO YOU DO IT????
imo, I liked her better, when she was reporting on the 'shenanigans going on', and then suddenly WAMU was the bad guy??
Dated April 22, 2004,
"gold hitting $2611 and some are saying 3,000 woww"
THAT is how fast the value of the Dollar is DROPPING....
"UNLESS IF SOMEONE WILL CAPITALIZE IT."
Any idea how much $$ that would take?
"Why are you still here?!!"
Says the person coming here to post.....LOL!
I hope it helps your situation.
IMPORTANT!!
MAKE SURE that EVERYTHING in your Mother's account is transferred.
My father passed about 3yrs back. Schwab did NOT transfer the escrows. I was beneficiary, and other items transferred but not those? Perhaps because they did not show a $ value? They 'claimed' it was an oversight. But when an account is transferred, it should be as simple as changing a name and address. ?
The escrows, I'm told, are in your account history. Make sure they are in the transferred account history.
All imo.
"What I'm also wondering is why a really really big secret is being made all around. And it still seems to continue. You remember when Alice was at the court? Wasn't it the case, that she hardly was allowed to speak about that and that? Wasn't it also the same when Nelson spoke at the court? Wasn't there something like "stop! do not talk further?".
Why all these secrets ?? "
Very good questions.
lodas, You keep stating, "nothing is coming back".
Can you answer this question?
What have the lawyers and FDIC been doing for all of these years?
"get a job, get a life, and learn to read...there is nothing coming back to you, and the rest of the lemmings on this message board.... stick a fork in it..."
LOL,LOL, and LOL!
You are quite the amusing fellow.....