Foresight Energy Partners LP (FELP)

[MakinBank]

the chances are them doing it wrong with the numbers is slim. What I am focused on is the accounting method. Specifically: debt cancellation, which seems to be the case here, is not taxable in a bankrupcy.

This is true by individual bankrupcy. I am trying to verify if this is true for a partnership bankrupcy. If someone can find this answer, and confirm it is not taxable for individuals in a partnership that went bankrupt, then we are saved.