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Re: None

Sunday, 08/31/2014 5:56:00 PM

Sunday, August 31, 2014 5:56:00 PM

Post# of 356
Well, this sucks. I haven't been watching closely but it appears that the court has sold substantially all the assets and some assumed assets like those associated with black lung disease for $52 mil, leaving those holding about $821 mil in unsecured senior debt sucking wind.

http://dm.epiq11.com/JR2/Docket#Debtors=5405&RelatedDocketId=&ds=true&maxPerPage=25&page=1

Read dockets 505, 544, 561, 569.

Never thought I would take a total loss on senior unsecured, unsubordinated debt with buys in the 15 cents on the dollar area.



http://www.creditbubblestocks.com/search/label/JRCC

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