F-Reorgs Since June 2025 SBA SOP Update
With the June update to the SBA SOP there were some significant changes to the partial buy outs. There seems to be some ambiguity around the potential of F-reorgs as a tool to complete a partial buyout while preserving asset step up and some minimal liability protections. Has anyone successfully completed a F-reorg transaction as a partial buyout since the June SOP update?