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stockbum9

03/04/15 4:22 PM

#54056 RE: Jimzin #54055

"the Plan Administrator shall wind-down, sell and otherwise liquidate assets of the Debtors and/or Debtor- Controlled Entities"
- plenty of debtor entities out there that they don't control but have equity in (2500+?)

"it being understood that such liquidation may include the transfer of all or part of the assets of such Debtor to one or more Liquidating Trusts"
- all or part of the assets

"should not result in a reduction or limitation of the Debtors’ tax attributes for federal income tax purposes that materially impairs the expected actual use of such tax attributes"
- the Plan Administrator obviously wants to use the NOLs for a going concern, otherwise they would just liquidate without the need for a letter from the IRS...

Thanks for posting that section of the POR Jimzin!