Not much good about it, judge denied based on unfair discrimination against class 5b, called the debtor hopelessly insolvent, and shredded the EC’s backwoods hick of a valuation “expert” John Reader to pieces.
IMO, Karotkin will be back with a confirmable, and just as stinky, plan by the end of next week.
I have no confidence that the Equity Committee’s selected attorneys Proskauer Rose will do squat about it...they just here to make it look good and collect fees.
All Comedy, or not, above or below, in this post and my post history in its entirety not to be taken as investment advice