PinkBu that is why the opposing party (debtors) paid $1m to to draft a revised plan to include recovery to common and preferred stocks. The spikes we've seen recently are people who know what's coming. Read the pdf, at the bottom: ATTORNEYS FOR THE DEBTORS look up: David S. Meyer (admitted pro hac vice) Jessica C. Peet (admitted pro hac vice) Lauren R. Kanzer (admitted pro hac vice) No wonder their office is on 5th Ave. New York.
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