Replies to post #45977 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

As discussed previously, under Title 11 NOL carryforward is reduced by the amount of forgiveness of debt income.
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I have mentioned that I believe there is another path besides this. I believe that the POR is well planned to avoid COD obligations. Although, the POR itself mentioned that there is no guarantee if IRS won't challenge it.