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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