thats wy this ceo sold us the story that the sale of assets was better and they kept out blackstone to find a deal, blackstone is even investing is oil co's. unsecured bondholders can be paid with new stock , a reverse split and new issue of stock was an option for bonholders , although stock holders would be affected but at least the company would stay in business. i don't know how the court let this happen i don't how the committee of unsecured creditors let this happen its outrageous !!!
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