L1, L2 Visa

Hi ,
 
I am on L1B Visa which expires on Sept 14 , 2015. My company recently got acquired by another competitor company & the acquisition is currently under review by Department of Justice.
I recently had a meeting with my companies attorney & according to them i would lose my L1B Visa as soon as the acquisition is completed & below is the reason i was explained.
 
In India I worked for a company named : "Company A India Pvt Ltd", which is fully owned subsidiary of "Company A incorporated "USA.
 
I moved to US on L1B visa to work for company " Company A LLC "which is also fully owned subsidiary of "Company A incorporated".
I got the L1B visa as "Company A India Pvt Ltd." & "Company A LLC " were related via "Company A Incorporated".
 
Now , another "Company B" is acquiring " Company A LLC ", for which i work currently.
According to my companies attorney, after the acquisition , since there wont be any relation between "Company B" & "Company A India Pvt Ltd", i would lose my L1B VISA & wont be able to file for an extension , as these companies dont have "qualifying relationship"
 
We are considering option for filing for H1B , however there are only 50:50 chances with H1B because of lottery selection.
 
Is there a way to file for L1B visa extension in my above mentioned scenario.
 
I appreciate any help your guys could provide here.
 
Thanks,
UM