as noted on page 78 of 157 of docket 2339, the nol's were specific to various entities within the sears umbrella. there is some discussion which seems to indicate all of the nol's might not flow as a lump sum because of that.
also, cancellation of debt may be specific to an entity and that could cause a reduction in nol's via the cod.
for instance, it would seem that the cancellation of $1.3 billion of esl debt would serve to reduce some of the nol.
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.