I am saying all equity interest (common and Preferred) shares will be cancelled.
The Judge understood the POR and that all shares would be terminated and new shares would be issued to Payroll Funding - who is providing the exit funding for ARIO.
You seem to think that the Classes of creditors above the common shareholders could be impaired but the common shares would be left intact. Of course that would be illegal.
Wishful thinking won't keep the common shares from being cancelled.
IG
"Are you gonna pull those pistols or whistle Dixie?"
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