The main one is that there will be no surviving entity with assets. ————————————————- The surviving entity is Lehman itself with no asset other than NOL and it’s one hundred percent owned by the equity holders.
Joe No need to reply to this but aren’t there some ways to accomplish the usage of the NOLs -stock ownership isn’t only criteria -what about “adjusted deemed sales price” planning -what about 382 favorable elections -COD adjusted or elected out -change of control timing ideas -creeping ownership change rules on planning limitations -statutory haircut exceptions -108 planning I think there are more knowledgeable planners than me who can work this situation but as Jersey, the crooks may just keep collecting fees
News 
Market Data 
Discover 
