BED BATH & BEYOND Forum: Community User: Storm300018
I own 2024 & 2034 Bonds. Now why would anyone own company debt of a bankrupt company? Excerpts from Doc 2727. https://twitter.com/sundevilrogue/status/1747981992438980631?t=bqSmHfGzqRMIPSysqFzAcQ&s=19 I'll add one more in: So, what is it? Well NOL recapture typically comes up when a company has claimed NOL deductions in one or more years in the past, but then becomes profitable in subsequent years. But we know that didn't happen. So, why else could it come up? "Specific events or conditions might trigger NOL recapture. These can include changes in ownership, significant changes in the nature of the business, or reaching certain profitability thresholds." https://twitter.com/sboho/status/1747991824281542743?t=iPsp3WB1yASzpvV79Ay3rw&s=19 In addition, did you know that [B240] is a tax detail regarding NOL carry forwards? https://www.americanbar.org/groups/litigation/resources/uniform-task-based-management-system/bankruptcy-code-set/ The US Bankruptcy Court wouldn't allow fatuous use of debtors funds for services unrelated to the outcome of this Chapter 11. https://twitter.com/PhantomBlack699/status/1748025223323021767?t=6mw_cIox-aCwL16yf_D8Ng&s=19
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