Debt holders certainly could force a BK, but, Toxic has no use for crap. They're not in the snake oil business, but pump and dump game. If they did then it would make it swifter to go private. just switch and juggle a few numbers, and wala! Corp is an empty shell, and redcrap is privately owned, and,,, likely by the same people, conman and his BS-ers. .
Commons are screwed no matter which way the pendulum swings.
Commons are the most vulnerable 'investors' and Congress refuses to recognize them. Dring the 09 crash, people were cleaned out while debt holders took the companies to task, and AND!!, even if there was any assists left, once the crows finished picking the bones, this is the worst part, Commons got NOTHING!!.
Think Congress views commons like this: "What? you played inside of a dam casino, absolutely no guarantees you'd strike it,,... Next time read the disclaimers, and so,, buzz off dipspit"
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
I don't have a humble opinion!
At's ma boy!