ALL HOLDERS of EQUITY INTERESTS - Has a BEAUTIFUL RING to it - Read On
***Thanks goes to linda1***
To reiterate for new investors:
Here are 2 important excerpts from the ORDER APPROVING THE ASSET PURCHASE AGREEMENT - which the Debtors filed on Jan 18 and want Judge Drain to sign on Feb 4:
DOCKET 1730 - PGS 179 - 180 of 315
“ Y. The Sale Transaction does not constitute a de facto plan of reorganization or liquidation as it does not propose to(i) impair or restructure existing debt of,or equity interests in, the Debtors “
DOCKET 1730 - PG 313 of 315
“ 44. Binding Effect of Sale Order. The terms and provisions of the Asset Purchase Agreement and this Sale Order shall be binding in all respects upon, and shall inure to the benefit of, the Debtors, their estates and their creditors, non-debtor affiliates, any affected third parties, all holders of equity interestsin the Debtors, ....... “
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