Sunedison Inc. (fka SUNEQ)

[taniag]

Not all creditors will be onboard, but there are enough votes to pass the POR once it's been approved. The dissenting creditors are trying to say that the ones voting for the plan have been paid off for their yes votes through a sweetened deal. That they want a part of the deal too. In the end, it's a negotiation between the 2 groups of creditors. Will one group give a bit to the other group? Nothing to do with shareholders. The debtors think the plan is approvable, if the judge says no, then the 2 creditors just need to iron out their differences. None of them will be giving anything to the unsecured creditors, let alone shareholders.