Please post a extract from the court documents that state the common shares aren't impaired. You do understand that it would be illegal to impair the Classes above the common shares but not impair them. A good understanding of the US Bankruptcy Laws is important when investing in Q stocks. Here is the hierarchy of the classes. 1. Government/IRS 2. Secured creditors 3. Unsecured creditors 4. Preferred shares 5. Common shares. Suggesting the common shares are intact would be illegal. IG