I hope you're correct... how does one reconcile with the fact that CT's, ARE in effect being paid currently per the POR. To give effect to security agreements, although payments are redirected to senior note holders... I can't figure that one out. If CT's have been receiving payments only to be redirected to seniors, then CT's are being paid and possibly "satisfied in full" within the scope of this BK. Maybe the debt side is being paid within the BK (stated in POR) but the equity side of CT's are in the OBS Plan Trust...to share in NOL and Newco. That is the scenario I lean towards.
One thing is for sure...we won't know for sure until the fat lady sings
Market Data 
Markets 
AI
