"The holders of interests in Arch Coal shall neither receive any distributions nor retain any property on account thereof pursuant to the plan. All interests in Arch Coal shall be cancelled and extinguished."
They are back in court Sept 13 where they will seek confirmation of the plan. If confirmed it should become effective in approx. two weeks (could be quicker). At that point all trading will cease and holders will get nothing. Final days here for ACIIQ.
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