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Friday, January 27, 2017 12:03:30 AM
CURRENTLY is the key.If they say that they can satisfy former stockholders now, there is no point of extension.And no way they can resolve creditor claims.They should SATISFY all allowed claims before they distribute anything to former stockholders.
But end of the filing they requested to allow them to distribute POTENTIAL DSITRIBUTIONS to former stockholders, that in future after all said and done IMHO.
"if the term of the Plan Trust is not extended, the Plan Trust will
terminate, leaving open and unanswered questions regarding the management of the New
Common Stock (and potential distributions for the benefit of former stockholders)"
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