Republic counters that even though its balance sheet, as of Dec. 31, shows “a positive book value of $600 million,” the claims will far exceed the asset valuation in bankruptcy, which wasn’t reflected in 2015 financial statements.
10G Quarterly September 30.2016 Shareholder value 42,8M loss. December 31 Shareholder value 600,1 M.
How it is possible lost totally 642,9M ?. After all deals with pilot union, Delta, American Airlines etc. No fines? Where is 642,9M?
What kind of Judge or court will approve this kind of case?