It means they will try again to pass this plan with changes they feel will satisfy the judge.
As to overall where we are at here...
My opinion:
ARC is not going to come in and save the day for commons. I had been hopeful they had a surprise for us...after Thursday, I no longer feel that is possible.
We will have our only possibility of recovery through the bk process come from the creditor trust, and only then if they sue and win...big...
The only other way we might recover is through an expansion of the class action(s) to include 2015 buyers.
I guess there is still an outside chance that if they fail to pass the plan on Tuesday...things change...
After listening Thursday I want it to pass and I want the Creditor Trust to pursue ALL litigation assets to the fullest.
The only thing that would change my mind on that is $$$,$$$,$$$ from nick...and...maybe one more dollar sign and comma up front...just to make it FAIR...
All Comedy, or not, above or below, in this post and my post history in its entirety not to be taken as investment advice
