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int10a

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int10a

Re: tedpeele post# 42823

Monday, 10/10/2016 12:41:23 PM

Monday, October 10, 2016 12:41:23 PM

Post# of 47873
In any event it seems that the sale price Is enough to pay off the debt with some money left over. So in that case the question is: what is the reason for filing Chapter 11? Is it to try and get a better sale price for the assets or is it to renegotiate the debt lower or some combination? It seems to add delay to the Zapata deal as it seems like there is no way that could be completed without reemerging from Chapter 11.
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