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I have a number of clients who are getting very close to being able to terminate, but they are reluctant to do so because they don't want to recognize the large unrecognized loss as a Settlement Charge. These are typically banks where they have always been more concerned about "expense" and less concerned about actual cash. Is there any way to recognize the unrecognized loss sooner than the 10% corridor would permit? In other words, is there any way to avoid recognizing the Settlement Charge all in one year?
