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ARTICLE · 24 APRIL 2015

Preserving Net Operating Loss Carryforwards – How An NOL Rights Plan Can Help

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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Matthew Gardella, a member in Mintz Levin’s corporate and securities section, was recently featured on DealLawyers.com on preserving a company’s Net Operating Loss Carryforward.

United StatesEnergy and Natural Resources
Sahir Surmeli
Sahir Surmeli
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The value of a company's NOL carryforward may be one of its most valuable assets, particularly for energy technology companies that have funded long and expensive development cycles to get to market.

Matthew Gardella, a member in Mintz Levin's corporate and securities section, was recently featured on DealLawyers.com on preserving a company's Net Operating Loss Carryforward. The potential to lose the benefits of NOLs due to changes in shareholder base can be a particular concern for publicly-traded companies, whose ownership base is inherently fluid. In 2014, the number of companies adopting NOL Rights Plans hit a three-year high. Read more from Matt's article at DealLawyers.com

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