EXACTLY - and on PG 77 of Docket # 2339, it states that as of Feb 3, 2018 the NOL was $ 5 B. This does not include additional NOLs for the rest of 2018.
PGS 77 - 86 of 157 of Docket # 2339 outlines the various ways that NOLs can be preserved in either a 363 Sale or a Reorganization.
It is very possible - per PG 86 - that if significant - or all of - Tax Attributes/NOLs remain with Sears Holdings after the 363 Sale, Sears/Debtors could retain one or more of its businesses and emerge from bankruptcy as a reorganized Company for future utilization of the Tax Attributes.
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