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“I’m a Loser, Baby”: U.S. Tax Court Shuts Down NOL Utilization Strategy

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Mark Leeds
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Nora Burke
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The Facts of the HBM Holdings Case The story begins in 2012. In that year, Mississippi Lime Co. (MLCO), an S corporation, acquired Delavau Holdings, LLC (LossCo), a limited liability company taxable a...

A lawyer sits in his office, on a table with a small hammer to beat the judges desk in court. and justice scales, lawyers are drafting a contract for the client to use with the defendant to sign.

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Mark Leeds
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Nora Burke
Partner

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Mark Leeds
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Nora Burke
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