obsessing over thinking outside the box and criticisms of a few paragraph post as a dissertation is the root cause of a lot of problems.
there is so much information "inside the box" as in sec filings, docket filings, and tax and congressional publications about how nols can be transferred that are apparently being ignored.
not surprising when a couple of paragraphs seem daunting that multi-page filings and publications go unread.
so yes, the nols are still part of the game but they are part of eddie's transform holdco game. as the filings have clearly stated, the nols were part of eddie's $5.2 billion purchase price.
granted, he needs an irs ruling to bless his utilization of them but even if he doesn't get that, there is nothing left in old sears which would provide any value to shldq shareholders if that were to happen.