Home > Boards > US OTC > Delisted > Sunedison Inc. (fka SUNEQ)

If they are emerging from bankruptcy without Chap

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Lorcan458   Monday, 11/13/17 03:33:44 PM
Re: k9narc post# 36048
Post # of 36197 
If they are emerging from bankruptcy without Chap 7 liquidation being the next step, then they have a company strong enough to emerge from bankruptcy.

If they are not emerging from bankruptcy, then we go to Chap 7 and liquidate.

As far as I've heard, they are emerging from Chap 11.

Shareholders who bought before Chap 7 are awaiting multiple lawsuits against SUNE, their executives, whatever the emerged SUNE becomes, Goldman Sachs and other banks and financial backers who lawsuits contend, violated SEC rules.

This saga will be going on for at least another 5 years.

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