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Hey, tha way I understand it is when you lose an assault with a fearless unit, they don't take a LD teste, instead they take a extra wound for every dead guy. Now does that apply in the shooting phase if he has to take a LD test if I kill 25% of his guys?

http://www.dakkadakka.com/dakkaforum/posts/list/280663.page

The Fearless USR is on Page 75 of the BRB, re-read the Fearless USR and it answers your question.