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Re: dmceng post# 367027

Thursday, 03/22/2012 2:33:53 PM

Thursday, March 22, 2012 2:33:53 PM

Post# of 730826
I believe that a buy out is highly unlikely for 2 years. See Section 382(1)(5) of the Internal Revenue Code regarding companies with NOL's emerging from bankruptcy.

Please read this carefully:

http://mcgladrey.com/Business-Tax-Compliance-and-Consulting/Service-Rules-Against-Taxpayer-in-HighlyStructured-Bankruptcy-Workout?itemid=796&mid=796




Any legal analysis I post may not be relied upon by anyone for any
purpose. If you want legal advice you can rely on, hire a lawyer.

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