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Re: LarryAshy post# 1810

Sunday, 10/16/2016 10:20:28 PM

Sunday, October 16, 2016 10:20:28 PM

Post# of 4800
Yeah but here is the thing. Now the EC can submit a plan to the court so as half baked as the Debtors might be, if the EC or any other group submits one showing much more value than theirs and a better overall plan, the Judge isn't going to take the debtors. Not to keep belaboring the point of why it was so important to have an EC approved here.

Eventually all sides bang it out and morph everything into a realistic plan. EIG wont want to lose their money and you also have a good market right now. I don't think these cats want to get into a long drawn out bankruptcy, which would be great if it moves fast.

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